There’s a huge mix of property available in Istanbul. Everything from luxury houses priced at £10million to stylish apartments in modern complexes priced from £50,000 to £250,000.
In the last few years, the market has really boomed and Istanbul has attracted some of the best international developers around. Apartment blocks have all the amenities that you need with concierges who will arrange for your home to be cleaned, your shopping done or your property to be decorated. In fact, a recent report by PricewaterhouseCoopers and the Urban Land Institute found that Istanbul has the most attractive property investment market in Europe.
Location, location, location
High end – Nisantasi is an exclusive location with two-bedroom apartments starting in the region of £300,000.
Trendy – Galata is a very fashionable area with the Galata Bridge offering a magical sunset walk.
Arty – Taksim has an artistic community with listed buildings that are being renovated into luxury apartments. One-bedroom apartments are in the region of £200,000.
Waterfront – on the banks of the Bosphorus, you can find beautiful homes known as a ‘yali’ with prices from £1million.
Cosmopolitan – Bebek is surrounded by yachts moored on the waterfront, but properties don’t often come up for sale.
Commuter – there are lots of new communities growing within commuting distance of Istanbul where prices start around £50,000. These include Bahcesehir, Esenyurt, Sefakoy, Gunesli and Beylikduzu.