Buy apartment in Istanbul
Looking to Buy Apartment in Istanbul?
Prices for apartment for sale in Istanbul, Turkey vary with each area, with apartments situated on the shores of the Bosphorus or just close to the shores and in the heart of the city centre’s on both side of the city being on the Istanbul real estate market with the highest price tags, as these are the most sought after locations, though higher prices can also be found in the wealthy district of Sariyer to the north of the historical centre on the European side of Istanbul.
Apartments in Istanbul, Turkey for sale at more affordable prices are found by heading to the west to the outer city suburbs of Esenyurt, Beylikduzu etc, newer developing areas that have seen huge changes in recent times, and the established area of Bahcesehir with well planned urban areas being bought into the modern world with newly built apartment complexes that often host an array of on-site facilities aimed at a healthy lifestyle, and more often than not local amenities are in abundance hosting health care and educational establishments large shopping malls and more all ideal for year round living in Istanbul. These emerging areas of the city, will have far greater apartments in Istanbul for sale. Marmara province of Istanbul has great potential if you are seeking cheap apartment for sale in Istanbul. So these ares are ideal districts to buy a flat in Istanbul.
Property investors that do their research when looking to invest in apartments in Istanbul, Turkey, will take into consideration the areas accessibility as well as desirability, with most searching for areas with easy access to the airports, excellent city links, how many bed? whether it by the arterial highways or the various public transport systems that reach many areas, and of course the rental potential and possible annual yields. Real estate in Istanbul is a booming industry. Istanbul alone takes over the 25% of the Turkey's real estate market.
Current popular areas for investment purposes with apartment in Istanbul, Turkey for sale, are the established areas of Basaksehir and the newly developing area of Bahcelievler, both conveniently located for the European side’s airports, the new business centre of Istanbul, and both with properties located on or very close to with the E-5 or the TEM highways for easy access to all areas of Istanbul. Majority of flats for sale in Istanbul are part of a well maintained modern complexes with great facilities from 24/7 security as standard to communal pools,indoor gyms,closed car parks for residents and many more. To buy a flat in Istanbul, certainly to consider these emerging suburbs of the city.
It may all seem very daunting, however if the various areas of the city and the varying prices for apartment for sale in Istanbul, Turkey seem confusing, give Turkey Homes a call today and our friendly team of Istanbul property consultants will be able to answer any of your questions, and offer you comprehensive advice to guide you to your ideal Istanbul apartment.
FAQ Apartment For Sale In Istanbul
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Why are apartments so cheap in Istanbul?
Apartment for sale in Istanbul with bargain price tags will be found in the newly developed outer city areas such as Esenyurt and Beylikduzu, not in central city areas.
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Can foreigners buy apartment in Istanbul?
Yes many of our overseas clients have successfully purchased an apartment in Istanbul and are now making the most of their city homes.
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How much is property tax in Istanbul?
Annual property tax in Istanbul is calculated by the value of the property you own, currently set at 0.2% which is payable to the local authorities every year.
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How much does it cost to buy apartment in Istanbul?
If you are looking to buy an apartment in Istanbul you can work on adding around 6% - 7% to the purchase cost and this will cover all the buying costs.
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