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.
Traditional Commercial Property for sale in Istanbul
When in search of traditional commercial property in Istanbul for sale, the place start your search is in the heart of the city, here you will find an abundance of ancient architecture, Taksim Square, Sultanahmet, Topkapi and other central areas, however, the prices for traditional commercial property in Istanbul that offers this type of location will exceed seven figures of any currency.
You may find, when looking to buy traditional commercial property in Istanbul for investment, that the property can offer a multiple rental incomes, with ground floor shopping units and upper floor apartments, perfect if you are planning to open your own shop or franchise with living accommodation above to earn several incomes and perhaps live above your shop.
Centrally located traditional commercial property in Istanbul for sale can often be found as an A graded listed buildings, therefore, if you are planning to restructure, you should check the legalities of the work that can be carried out according to the local laws before you sign on the dotted line and buy traditional commercial property in Istanbul.
Contact Turkey Homes when in search of prices for traditional 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 Turkey buying process.