Latest Istanbul Real Estate Trends
The residential property market in Turkey is currently one of the best performers in the European property market today . Prices of new Istanbul properties are forever increasing despite the modest economic growth. Per Annum we are seeing prices rise by 18.4% .
Foreign buyers are choosing to buy property in Istanbul as it is less expensive than other European countries. High rise Istanbul apartments are popular with many investors seeking 1+1 residence apartments which offer fine accommodation along with luxury residence features on your doorstep shopping mall, restaurant, fitness activities under a secure complex site the central locations in Istanbul city are more popular .
Besiktas and Sariyer both most magnificent districts for those who live here with the outlook of the Bosphorus these are the most expensive areas in Istanbul as it can be seen with the large sea front villas and palaces to own a property here it must be a dream of many people. Property prices here are increasing at 30% .
Other popular areas are Bakirkoy , Zeytinburun and Faith . These are mixed districts with property ranges from high rise apartments some offering sea views to large villa houses some of the sea view small apartments in Bakirkoy can be as high as the ones in Besiktas . These areas are popular with a well established metro and metrobus line, new under water tunnel marmaray and much urban transformation has taken place . The Turkish goverment have subjected to these such areas where as redevlopment has been interacted seeing large developers built fine new modern properties into luxury residences. Property prices have increased by 45%