Making Property Investments in Istanbul Real Estate Several years ago, it would have been extremely hard to purchase an Istanbul property if you don’t own a company or business within the country. Well, things have changed in the recent years because of the approval of a new property law. The need to put up a company in Turkey is no longer a requisite to invest on real estate properties. With the approval of this new law, it also gave birth to the increasing number of real estate agents and companies in Istanbul. Similar to other countries with major vacation destinations, an investment in Turkey holiday homes is a good choice. This is because you can have the property rented when it is not in use. Most of these properties are sold in reasonable prices and aside from having a beautiful holiday home you can also have another source of income. Choose a good location in Istanbul, and your investment is worth the money. Making the right investment is a great challenge. Many investors are inexperienced when it comes to shopping for properties in Turkey for sale. The secret is quite easy – you must look for the right development, price, and place. Always keep in mind that Istanbul is a big city, but only a few places attract tourists and vacationers. It’s an added advantage that the local population is increasing at the same rate as the economy is growing. There is a high demand for rented properties today because of the presence of single immigrants and young workforce. Townhouses are also increasing in popularity, and this is because of the growing tourism. If you haven’t made a choice yet, below are some of the options that are available to you: 1. Kusadasi Spa Village Resort - There are investors that prefer a luxurious lifestyle. If you’re one of them, you can choose this 5-star investment. If you choose this option, the Aegean coast property can range from £36,000 to £64,000. A great advantage of this type of investment is that you can expect a 7.5% yield every year through the 10-year rental guarantee. For those who love thermal springs and all other amenities that come with a spa resort, this is your best bet. 2. Onalti Dokuz - Are you ready for a high-end neighborhood? Well, if you can afford a £500,000 property, you should visit Onalti Dokuz. This is where you can find residential apartments that can provide you with panoramic city views. The apartments will also give you easy access to the hairdressing salons, restaurants, pools, gym, shopping area, kids’ playgrounds, and social areas. 3. Sport City - There are only a few remaining properties since the first phase has been sold out, so hurry if you’re interested in Sport City properties. This is an ideal choice for investors looking for buy-to-let properties. Funding is not a problem since you can readily apply for mortgage especially if you want to purchase 2 or 3 units. Finding property overseas for sale is really easy. Simply find a reputed overseas properties agent, and you’re on your way to getting that property of your choice.
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