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.
Yali villa in Istanbul for sale
If you are looking to buy Yali villa in Istanbul, you will no doubt know that a high budget is needed, as they offer a wealth of history and are highly sought after by very wealthy people such as overseas ambassadors, Turkish film stars and celebrities etc.
You will find that Yali villa in Istanbul for sale is a very rare occurrence due to many owners not wishing to publicly advertise their wealth on the open market and they will often wish s to see a letter of intent to buy and proof that any prospective buyer has sufficient funds to buy the property before revealing the selling price.
Prices for Yali villa in Istanbul do easily reach eight figures of any currency for a genuine Ottoman Empire building especially when located on the shores of the Bosphorus where most are found, and for investors, rental yields will be extremely high with Turkish TV companies renting on a long-term basis for film sets and TV Series.
It is almost impossible to find affordable prices for Yali villa in Istanbul as they always offer extravagance and a prestigious location, though you may occasionally see replicas in some area that will be slightly more affordable.
Contact Turkey Homes if you are looking to buy Yali villa in Istanbul, we will discuss your budget and requirements and our expert Istanbul team will set out to source the ideal property for you.
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