Why buy property in istanbul Turkey
When considering a property purchase in the wonderful city of Istanbul, firstly you need to decide why you are buying and your budget, Is it for pure investment for capital appreciation or rental yields? or is it a lifestyle change or holiday home for you and your family?
Istanbul is like any other major city in the world, city centre and sea view properties come with a premium price tag, quite often with six-figure tags.
Scores of overseas investors have zoned in on the city over recent years purchasing properties all across the city, cashing in on both short and long term rentals. Keen-eyed investors are buying off plan properties at launch prices where property prices increase by at least 50% by the completion dates giving you guaranteed capital appreciation in very short space of time.
The are you choose is a very important factor along with your budget, home buyers with a high budget can purchase luxury Bosphorus properties, though low budget buyers should be looking in the new fashionable inner city areas of Beylikduzu, Esenyurt west of Ataturk International airport.
Modern apartment in Istanbul for sale
Many areas of the ancient city of Istanbul have seen regeneration programmes sponsored by the government over recent years, which has sent the real estate market spiralling to an all-time high, which has made Istanbul a European hotspot for property investment, and you will see that the Turkey Homes property portfolio offers an extensive range of modern apartment in Istanbul for sale in many areas.
If you are looking to buy modern apartment in Istanbul, first you need to look at your budget as quite often home buyers requirements may need slight compromises to fit the budget set, as certain areas offer premium prices for modern apartment in Istanbul especially in or close to the city centre, therefore you may need to adjust your area and move a little way from the centre in the outer suburbs where prices for modern apartment in Istanbul are more affordable for many buyers.
Many property investors also tend to search the city centre, and again prices can outreach the budget, however there are several other more affordable areas that are ideal for investment purposes, such as areas near the airport such as Atakent, Bagcilar etc and a current hotspot is on the Basin Express road which is home to the new business centre of Istanbul.
Contact Turkey Homes when you are looking to invest and buy modern apartment in Istanbul, our dedicated Istanbul advisors can offer you their knowledge of all the area of the city and guide to their prices.
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Istanbul European , Istanbul 2 2
Istanbul European , Istanbul 4 3
Istanbul Asian , Istanbul 1 1
Istanbul European , Istanbul 2 1
Istanbul City Centre , Istanbul 1 1
Istanbul 2 2
Istanbul City Centre , Istanbul 2 2
Istanbul European , Istanbul 1 1
Istanbul European , Istanbul 2 2
Istanbul European , Istanbul 3 2
