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Studio to Buy in Istanbul

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Studio Description

In recent years, Turkey has become a major tourist destination in Europe with 28 million visitors. From swimming in the Mediterranean to skiing in Uludag, Turkey has something to offer every tourist.

Turkey will require an additional 5.5 million housing units by 2015 to satisfy predicted shortfalls of 350,000 properties per year with 50% of these being in Istanbul. The Financial Times has rated Turkey among 10 top locations in the world where real estate investors can safely buy residential or holiday homes next year.

Details

Sapphire Heights is located in the district of Beylikduzu in Istanbul. The popular beach area of Büyükcekmece can be reached in less than 10 minutes. Sapphire Heights boasts a very strategic location close to the main two motorways that travel through Istanbul, the E-5 Motorway (200 meters away) and the Trans European Motorway (3 km away). The Bahcesehir exit provides primary links to the city centre and Europe. Ataturk International Airport is only 15 minutes drive away and the new Silivri International Airport can be accessed in less 10 minutes.

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€44,224  |  £37,000  |  US$58,765
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 647931 
Town Istanbul 
Province Istanbul 
Country Turkey  
Type Studio
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
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Price: £37,000

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Purchase this Studio in Istanbul for

€130p/m

(70% LTV, 5% Interest Rate, 20 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Istanbul, Turkey

Property Type Min Price Max Price Median Price
(All prices in EUR) Istanbul Turkey Istanbul Turkey Istanbul Turkey
Apartment/Flat 18,400 8,720 370,000 3,000,000 76,666 69,000
Studio 19,900 18,900 37,500 57,000 - 28,900
New Development 25,700 25,700 25,700 3,600,000 - 17,000

* Calculations based on 83 properties for sale in Istanbul and 1724 properties for sale in Turkey




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