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
Bodrum, in the south-west Aegean region of Turkey has for many years been a popular holiday destination for both Turkish and international tourists, having several holiday resorts located around the shores of its peninsula, from peaceful traditional fishing villages through to exclusive yachting resorts.
Bodrum Town is the hub of the Bodrum peninsula, a town that never sleeps with life revolving around the busy harbour and marina areas, lined with trendy bars, exclusive restaurants and chic fashions boutiques.
Property in Bodrum Town has successfully mixed the old with the new with some modern architecture sitting comfortably side by side with some of the fine ancient buildings of the past, beautiful traditional stone houses line the narrow cobbled streets, many of which have been sensitively resorted to their former glory, following strict regulations to protect the areas wonderful history.
Modern accommodation for sale in Bodrum Town is often luxurious and often offers amazing views out to sea, overlooking the ancient St. Peters Castle that dates back to 1402 which stands proudly on the coastline looking out for the town, a must see for anyone visiting the Bodrum area
With land in the town with building permission now being quite scarce, property prices are ever increasing to meet the demand from buyers, therefore capital appreciation is guaranteed for many years to come.
Prices for Real Estate in Bodrum Town
Bodrum town property for sale can still be affordable with apartment accommodation for sale in Bodrum Town starting in the region of £80,000 often located in the outskirts of Town in the popular Konacik area. Villas range from traditional to modern luxury homes with prices reaching well into to the millions of pounds, these homes offer the most amazing panoramic sea views as well as marina and castle views.
Is Accommodation in Bodrum Town, Turkey a Good Investment?
Investors looking to buy property in Bodrum Town can expect extremely high rental yields all year round, with Bodrum Town being a year round resort, having an array of amenities as in any town centre, and as stated above capital appreciation is also excellent, and a tip for investors in Bodrum Town is to never compromise on the views available, as holiday makers are almost always willing to pay that little extra for the best views.
Turkey Homes will guide you to your ideal investment in Turkey, taking into consideration your lifestyle requirements and budget.