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.
Traditional property for sale in Istanbul Asian side
Istanbul is a city of two halves, with the Asian side of the city often being overlooked by many of the cities visitors, as it has been said this side of the city doesn’t offer quite so much as the European side in terms of places to visit, however, this is incorrect as the Asian side offers a similar diverse culture and some amazing ancient architecture from the cities long history.
Traditional property in Istanbul Asian is quite rare in the real estate market as they are rather sought after by wealthy Turks, as you can usually find an Istanbul Asian traditional property in the very distinguished areas which are in or very close to Kadikoy, the Taksim of Asia, or in areas that sit along the Bosphorus or Marmara Sea coastlines and traditional accommodation for sale on or close to the sea will be found at very high prices indeed.
On occasions you may see traditional accommodation in Istanbul Asian for sale with a POA price tag which is price in application, and this is done solely for privacy reason of the owners who prefer not to show their wealth publicly as some of these homes can easily reach eight figures of any currency, and with a POA price you are likely to be asked for proof of finance and possibly a letter of intent to buy traditional property in Istanbul Asia before a price is revealed or a viewing arranged.
Contact Turkey Homes when looking to for traditional real estate in Istanbul Asia, we will take your budget and lifestyle or investment requirements into consideration and direct you to the ideal property for you, and will be there to guide you through the Turkey property buying process.
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Istanbul Asian , Istanbul 5 2
Istanbul Asian , Istanbul 13 4
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Istanbul Asian , Istanbul 5 3