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.
Sea view apartment in Istanbul for sale
One of the most popular requests from Turkey Homes Istanbul clients is a sea view, though not many realise just how this can affect the price as sea view apartment in Istanbul for sale always comes at a higher price and the more prestigious the area the higher the price will be.
When looking to buy sea view apartment in Istanbul, you may need to compromise a little and go for a distant or side sea view as opposed to a full sea view which will lower the prices for sea view apartment in Istanbul, along with the area that you choose to buy sea view apartment in Istanbul as the city has many distinguished areas where a sea view apartment can set you back in the region of seven or occasionally eight figures of any currency.
If you take you search to the inland areas, you can find much more affordable prices for sea view apartment in Istanbul and often still quite spectacular, with the views of Istanbul’s dazzling night lights too.
Take the time to contact Turkey Homes and our Istanbul property consultants can guide you to the ideal sea view apartment to suit your budget and requirements.
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