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.
Property for sale in ISTANBUL Turkey
The sleepy island of Sovalye can be found in the beautiful bay of Fethiye in the south-west of Turkey, the only one of the 12 local islands to be inhabited.
A fully pedestrianised island accessible only by boat with shaded pathways and the lovely sweet aroma of the pine trees that grow on the island. Taking a leisurely stroll across the island will take you around 45 minutes unless you stop off at some of the small pebbly coves along the way. Inland you will find some ancient ruins of an old castle and below in the crystal clear waters you can also see some ancient ruins from thousands of years ago.
Dotted around the edge of the island are some stunning private homes with steps leading down to the sea with private jetties for the boat to travel across to the mainland for the weekly shopping or a night out in Fethiye.
Sovalye Island is no doubt Fethiye’s most exclusive area with its waterfront homes owned by rich Turkish people and wealthy overseas buyers, who love the solitude and waterfront life.
Real Estate In Sovalye Island
Sovalye Island property for sale is most definitely about exclusivity and high prices, where elaborate water front homes have premium price tags far out reaching any other Fethiye area.
Investors looking to buy property in Sovalye Island, Turkey will receive a very healthy return on their investment with high-end properties offering high rental yields, attracting honeymooners or anyone celebrating a special occasion, or those that seek nature and solitude with panoramic sea views. Land availability on the island is becoming extremely limited and as it run out prices for property in Sovalye Island will rocket giving excellent capital appreciation for the future.
Accommodation for sale in Sovalye Island starts in excess of half a million GBP and the sky is the limit with custom built accommodation on Sovalye Island nearing £2,5 million.
Turkey Homes will guide you to your ideal Turkey real estate, taking into consideration you lifestyle requirements and budget.