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.
Off-plan villa in Istanbul for sale
With Istanbul seeing many changes over recent years it quite common to see off-plan homes on the real estate market, however, when searching for off-plan villa in Istanbul for sale you are likely to find very limited availability as most off-plan homes are normally apartments, though it’s not impossible to buy off-plan villa in Istanbul.
Prices for off-plan villa in Istanbul are often lower than completed properties as developers offer them at lower prices at the beginning of the construction process, rising steadily with each stage with the completed selling prices being significantly higher, giving you excellent capital appreciation from the start.
You are most likely to buy off-plan villa in Istanbul in the more prestigious areas of the city such as several neighbourhoods in Sariyer, north of the city centre, therefore prices for off-plan villa in Istanbul can be quite high even in the early construction stages and often built for the luxury end of the market.
Contact Turkey Homes and we will direct you to your ideal off-plan villa in Istanbul, by taking your budget and lifestyle requirements into consideration.
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