Best Buy Istanbul Projects

Istanbul is the rising star on international property market. Located on Bosphorus Strait that divides Asian and European sides of the city, it is one of the most modern cities with a traditional charm. Bright prospects of European Union membership, political stability, growing economy and government reforms have made Istanbul a favored destination of investment in real estate. Home to a population of around 15 million and fourth highest number of billionaires, it is one of the richest cities of the world.
Property prices in Istanbul have shown resilience in this challenging era of global economic meltdown. This may be attributed to the fact that the demand in housing is “real” rather than “speculative” here. With the potential of becoming regional business hub of Multi National Corporation the property prices and rental potential is set to grow.

According to official figures there is an acute shortage of over 200,000 (units/year) properties not only in the luxury segment but also among the burgeoning wealthy middle class. In addition to this property prices in Istanbul are cheaper than other European countries. The Turkish government has taken major initiatives to improve transport routes joining suburbs of the city. These satellite districts offer excellent infrastructure, modern and stylish housing with parks and leisure facilities. The comfortable lifestyle offered by housing complexes in these areas is highly desired by wealthy middle class. Properties in these areas offer lucrative investment opportunity for local as well as foreign investors.

This has spurred huge investments from private equity funds from 2008, which are counting on average of 32% annual increases in property prices for the last few years. For last 22 consecutive quarters property price in Istanbul has been growing steadily and it has won the City of Culture title 2010. On March 2007 the Turkish government approved the first ever mortgage law. This law provides rights to banks to securitize their credit and for borrowers to receive tax benefits. The law has been acclaimed as a perfect instrument to attract sizeable amount of domestic and foreign investment.

It also offers excellent investment opportunity for long term as well as short-term investors. Young working couples, who are working in the European side of the city, prefers areas like Beylikduzu. An expected rental yield of 12%, flexible exit opportunity and visibility of an outstanding project makes investment in property a safe and rewarding bet in Istanbul. With assured capital growth and rental income, established developers and loan to value mortgages available with the most exclusive developers, the property market in Istanbul is geared up for exciting growth.

 

➤ Latest  Investment Opportunities in Istanbul 

 

 “ The Bodrum Homes ” offers selection portfolio of exclusive projects in Istanbul

 

Moonlight Istanbul Residence – 50 . 000 €

Now is the time to invest in one of the Most State-of-art and prestigeous projects in Istanbul: Moonlight Residence located on the European side of the city.

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Lagoon Istanbul Residence – 81 . 000 €

Logoon Residence İstanbul is a truly modern and contemporary community with a host of social, sporting, and cutting edge facilities.

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Garden Istanbul residence – 85 . 200 €

Garden Residence is a U shaped tower comprising of 373 luxury designed apartments in town centre of Beylikduzu.

 ☞ Visit Garden Istanbul Residence