2.800.000 $

Prime Apart Hotels for Sale in Sultanahmet Fatih Istanbul

Contact Agent

Contact Me

299.000 $

Low Rise Sea and Marina View Apartments in Istanbul 

Contact Agent

Contact Me

5.500.000 $

Prime location hotel for sale in Taksim Istanbul

Contact Agent

Contact Me

60.000 $

Cheap 2 Bedroom Apartment to Buy in Istanbul Beylikduzu

Contact Agent

Contact Me

880.000 $

Historic houses for sale in Sultanahmet Fatih

Contact Agent

Contact Me

498.000 $

2 Bedroom Apartments for Sale in Istanbul Gokturk

Contact Agent

Contact Me

160.000 $

3 Bedroom Apartment For Sale in Istanbul Beylikduzu Resale

Contact Agent

Contact Me

402.000 $

JW Marriott Luxury Residences For Sale in Istanbul Tarabya

Contact Agent

Contact Me

660.000 $

Exclusive Townhouses For Sale in Istanbul Basaksehir

Contact Agent

Contact Me

378.000 $

Family Apartments for Sale in Topkapi Istanbul

Contact Agent

Contact Me

From 263.000 $

Luxury Sea View Apartments in Istanbul Pendik

Contact Agent

Contact Me

From 1.140.000 $

Family apartments in Istanbul Uskudar Asian side

Contact Agent

Contact Me

From 280.000 $

Affordable flats to buy in Istanbul Asian side

Contact Agent

Contact Me

From 1.350.000 $

High rise luxury residences in Istanbul Asian side

Contact Agent

Contact Me

from 600.000 $

Prime sea view apartments for sale in Istanbul city centre

Contact Agent

Contact Me

From 135.000 $

Rental Guarantee Istanbul Ramada Hotel Apartments For Sale

Contact Agent

Contact Me

1.000.000 $

Traditional House For Sale in Istanbul Balat with Rental Guarantee

Contact Agent

Contact Me

From 370.000 $

Buy Luxury Apartments in Istanbul Maslak

Contact Agent

Contact Me

1.680.000 $

Traditional House in Fatih Istanbul for Sale

Contact Agent

Contact Me

1.600.000 $

Historical Old City Center Buildings For Sale in Istanbul

Contact Agent

Contact Me

From 195.000 $

Ideal Investment Apartments For Sale in Istanbul Eyup Sultan

Contact Agent

Contact Me

from 960.000 $

Ready to Move Istanbul City Center Apartments For Sale

Contact Agent

Contact Me

from 689.000 $

Istanbul Sariyer luxury apartments and duplexes for sale

Contact Agent

Contact Me

from 805.000 $

Luxury Hilton High Residences For Sale in Istanbul

Contact Agent

Contact Me

Advanced Search
Your search results

Istanbul One Of The World’s Best Place To Buy A Second Home

Posted by istare on June 2, 2015
0

Acccording to world famous online newspaper Huffington Post writer Kathleen Peddicord Istanbul One Of The World’s Best Place To Buy A Second Home in Sun

Turkey, Specifically Istanbul

Turkey’s property market wasn’t hit as hard as others around the world in 2008 and 2009. Values in some districts of Istanbul dropped by maybe 25% at the height of the downturn (about the same as in Panama) but in just a year-and-a-half prices recovered. That rate of appreciation (10% to 15% per year on average) continued through 2014 and is expected to carry on indefinitely.

Istanbul Apartments For Sale in Turkey Istanbul One Of The World's Best Place To Buy A Second Home

Despite these impressive rates of appreciation, Istanbul real estate remains a bargain compared with other global-standard cities. With a starting market price of around $1,000 a square meter, middle-class housing in the Turkish capital can be an excellent bargain.

What’s driving the continuing appreciation in property values? Inflation is one factor; another is the GDP growth rate, which has been 4.5% to 5%. However, the compelling explanation for why property prices have been going up as quickly as they have been is a big and growing local demand.

Half the population of Turkey is younger than 30 years old. The country sees 350,000 weddings a year. All these new couples want places of their own to live. And, thanks to a strong economy and relatively low unemployment, more of these young couples than ever can afford places of their own.

In addition to all the young people needing places to live, half the current housing stock in the country needs to be replaced or renovated. Many of the structures are simply not suitable for living according to current-day standards. People in old buildings need new and better ones, further fueling the construction boom that continues to expand.

With its young population, Turkey is a country of the future. The economy is growing and diversified between Europe and Asia. And it’s easier than it’s ever been for foreigners to invest here now, especially in real estate.

Focus on Istanbul rather than the vacation properties along the coast that many foreigners have been buying. Vacation markets supported by mostly foreign buyers are less liquid than a local market like Istanbul. When you decided to sell your asset in this city, you’d have many different potential buyers to appeal to.

The safest, simplest investment options in the city are pre-construction apartments. Getting in early on a new building means discounted pricing and the expectation of price increases over the two- to three-year construction period.

Article Information
Istanbul Apartments For Sale in Turkey Istanbul One Of The World's Best Place To Buy A Second Home
Article Name
Istanbul One Of The World's Best Place To Buy A Second Home
Description
Acccording to world famous online newspaper Huffington Post writer Kathleen Peddicord Istanbul One Of The World's Best Place To Buy A Second Home in Sun
Author
Publisher Name
Istanbul Apartments For Sale
Publisher Logo
  • Contact

      Your Name (required)

      Your Email (required)

      Subject

      Your Message

    • Advanced Search

      0 $ to 10.000.000 $

    error: Content is protected !!

    Compare Listings