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 penthouse for sale in Istanbul
If you are looking to buy traditional penthouse in Istanbul the most likely places you will find them is in the distinguished and wealthy areas of the city, therefore prices for traditional penthouse in Istanbul will come at a premium as these areas are more often than not located on or very close to the shores of the Bosphorus.
Traditional penthouse in Istanbul for sale will no doubt have a great view over the sea which is another reason the prices for traditional penthouse in Istanbul are so high and occasionally the owners of these traditional penthouse in Istanbul for sale will not publicly advertise the price as the wish to attract serious buyers and will wish any prospective buyer to produce proof of finance before arranging a viewing and revealing the price.
If your budget can stretch to these high prices and you are looking to buy traditional penthouse in Istanbul give Turkey Homes a call and discuss your requirements with our dedicated Istanbul team and we will direct you to the ideal property for you and guide you through every step of the buying process.
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