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.
Property for sale in ISTANBUL Turkey
The Asian side of the energetic city of Istanbul is said to be the calmer side of the city, though not all wrong, it still has its own charm and just as much history as the European side.
The Asian side of the city, also known as the Anatolian side, is a little less business orientated and more relaxed with much of its activity centred around the waterfront and the busy town centre of Kadikoy. The residential areas are more traditional than its counterpart and there are fewer hotels and some say there are less places of interest to visit, though to be fair this is not true.
Like the European side, there are plenty of busy shopping areas spread over the different districts like Kadikoy, Uskudar, Pendik etc. Kadikoy, which is often referred to as the Taksim of the Asian side is the main main hub of the area and has become popular with ex-pats who prefer this side of the city, with excellent connections to the European side by the bridges crossing the Bosphorus, the underground tunnel and of course the many ferry services.
Real Estate in Istanbul Asian
Accommodation for sale in Istanbul Asian is just as diverse at the European side, as this side of the city is also seeing areas of regeneration, you can find new modern Istanbul Asian property for sale in excellent complexes with great facilities, and you can also find property in Istanbul Asian that are located in prestigious waterfront locations or countryside locations.
Prices for accommodation in Istanbul Asian, Turkey, range from bargain properties, to luxury private villas with premium price tags. If you are looking to buy property in Istanbul Asian, Turkey a 1 Bedroom sea view apartment can be found for as little as £56,000 and for private villas with prestigious address’ prices can easily stretch into the £m’s.
Turkey Homes will guide you to your ideal real estate in Istanbul Asian, taking into consideration your lifestyle requirements and budget.