Istanbul Property Market Attractive for Mid Level Investors
According to the Turkish Statistical Institute 18.959 housing units where purchased in Turkey over from foreigner buyers alone this is a increase of 40 percent from the couple of previous years . Many of these are focusing on the Marmara regions Istanbul , Bursa , Sakarya Investors are from the Gulf and Middle Eastern countries the prime Properties are in high demand multiply Property in Istanbul attractions are increasing in the wealthy districts such as Besiktaş , Tarabya and Florya .
Overseas buyers targeting buy-to-let properties in Istanbul within residential developments are growing in the suburban districts of Esenyurt , Beylikduzu and Bahcesehir . Istanbul has seen further boosted investment from its foreigner investment purchaser in Saudi Arabia , Kuwait and Qatar as in April last year Istanbul hosted a investment summit in which the Turkish President invited businesses from these nations to come to Turkey .
From all Property transactions made in Turkey during March 20 percent where from the major city of Istanbul . Istanbul is seen and know as the City of Turkey other coastal areas such as Antalya and Fethiye are also popular with the European buyers market especially due to the forever increase in current exchange rates in 2015 .
Buy to let Properties in Istanbul may well be at the top of everyones Overseas Property investment list with Rental income rates increasing by over 16 percent in the last year for Property in Istanbul .
If you compare these figures with those of England the city of London where annual rise in Rental rates was a mer 4 percent increase during the same period can you see a far wiser higher Rental return for Investment with Property in Istanbul . Rental Properties in Istanbul are in demand there are many students and middle working class , plus business visitors seeking to rent an apartment in Istanbul rather than the expense from buying or staying in Hotels .