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Real Estate In Marmara - Istanbul - For Sale REF 426967 - REF: 426967

This page provides details about this other for sale in Istanbul. For details and photos of more properties in Istanbul please go to our section on Istanbul property.

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€113,579  |  £102,709  |  $154,411
(Approximate currency conversions supplied by HiFX - Currency Specialists)
Town Istanbul  Distance from Beach
Region Marmara - Istanbul  Distance from Shops
Property Type Other Swimming Pool  
Bathrooms Garden  
Bedrooms Garage/Parking  
Build Size 180  Plot  1
Sale Category Re-Sale      
View Projected Capital Growth Graph

Other Description

this building, located just off the main artery of kalyoncu in tarlabasi is an obviously good deal: 180 meters net divided over 5 floors, puts this at just over 1,000 ytl per sq. meter, or well under 1,000 us per sq. meter. complete renovation is required, at an estimated cost of around 75,000 us, which would bring the total cost of the project to less than 225,000 us. 5 small studio-type apartments with a rental potential of approximately 450 us each pushes this property into the 10% rental yield range. due to the recent developments in the area, capital growth is more certain to happen here than perhaps anywhere in istanbul. forget the glossy off-plan brochures and the developers projected growth figures. come and see this property, take matters into your own hands, and reap the rewards. 250m from the british consulate. the building, apart from a bird feeding area, is currently abandoned, so no headaches and heartaches concerning long-time renters.

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Towns located close to Istanbul (Click to view property for sale in that area.)
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Comparison Statistics for Istanbul property
Property Type Min Price Max Price Average Price
(All prices in ) Istanbul Turkey Istanbul Turkey Istanbul Turkey
- 70,000 - 70,000 - 70,000
Apartment/Flat 33,000 0 144,927 300,000 89,072 83,341
Bungalow - 99,000 - 105,000 - 101,000
House/Villa - 40,000 - 2,750,000 - 198,555
Other 113,579 113,579 471,014 471,014 256,675 293,340
Penthouse - 85,000 - 320,000 - 178,100
Townhouse - 54,000 - 145,000 - 109,667

* Calculations based on 13 properties for sale in Istanbul and 400 properties for sale in Turkey





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