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.
Farm property for sale in Istanbul Asian side
The Asian or Anatolian side of Istanbul has some vast open green spaces and lush forest areas and you may occasionally see farm real estate in Istanbul Asian on the market which will come with vast land plots, therefore, prices for farm property in Istanbul Asian can be extremely high, sometimes reaching seven or even eight figured of any currency.
If you are seeking to buy farm property in Istanbul Asian, you should always check with the local authorities to find out about any rules and regulations of the land, as often farm accommodation for sale may not be open to foreign buyers as it may be located on agricultural land.
Another point to note down with an Istanbul Asian farm property is to also check if the land has a habitation licensee and if it hasn’t double check if this can be applied for.
Contact Turkey Homes when seeking farm accommodation in Istanbul Asian, we can check all the above legalities, answer all of your questions and offer you comprehensive advice, along with guiding you through every step of the Turkey property buying process.