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.
Investment commercial property for sale in Istanbul
We have seen vast development in the city of Istanbul over recent years, from modern residential complexes, state of the art hospitals, large modern shopping malls, luxury hotels and much more springing up on both the Asian and European sides of the city.
Investment commercial property in Istanbul for sale is always in demand, offices, retail units or complete buildings, thus you will see various prices for investment commercial property in Istanbul and the closer to the old city centre the higher the price will be, therefore if you have a lower budget you should search the outer city suburbs for you ideal investment commercial property in Istanbul or sale.
Rental incomes when you buy investment commercial property in Istanbul will also vary, large retail units can offer a long-term rental income from supermarket chains etc, and the smaller units can attract franchises such as named coffee shops, burger bars and cosmetic stores etc, office suites, depending on the size, can attract banks, and big business and if you buy an investment commercial property in Istanbul that comes as a complete building you may have both shopping units and upper office or apartments for multiple rental incomes.
Contact Turkey Homes when in search of prices for investment commercial property in Istanbul and with your budget and requirements in mind; we will guide to your ideal Istanbul real estate and assist you throughout the property in Turkey buying process.
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