0 matching properties in Istanbul

Neighbouring areas

  • Bakirkoy
  • merter keresteciler
  • guengoeren merter
  • Kucukkoy
  • Zeytinburnu
  • Rami
  • Edirnekapi
  • Eyup
  • Yedikule
  • Sehremini

Istanbul
PROPERTY PRICING STATISTICS

Awaiting Property Data for this Location...

About Istanbul

<p>Last year's shrewd investors have reaped returns of some 85% from their property investments in Istanbul and according to expert analysts, this trend is set to continue, while Istanbul property in 2006 is predicted to net up to 120% gains. Istanbul today positively exudes anticipation and excitement for property investors.</p> <p>The Istanbul residential and commercial property markets are undergoing almost unprecedented growth. Since 2005 foreign ownership of property in Turkey is now completely open and the laws protecting property ownership rights have been tightened, allowing investor confidence to be rekindled after a period of some uncertainty. Turkey's promise as a future EU member has encouraged an immediate surge of overseas investors, particularly within the commercial property market in Istanbul - Ikea opened a store in Istanbul in 2005 and has been followed this year by Harvey Nichols. Currently the amount of retail space available in Istanbul city is far below demand levels, translating into a strong opportunity for timely investors into the retail property market.</p> <p>The residential property market in Istanbul is fuelled by tourism and a healthy commercial climate. The city remains a definite tourist trap due to the vast number of attractions the city has to offer. As a result, budget airlines such as Easyjet link Istanbul to the rest of Europe, bringing with them increased numbers of visitors. Property investors are purchasing and renovating properties suitable for holiday lets in the most fashionable areas of the city. Istanbul is also attracting professional migration as many international companies are investing in the city following Turkey's move towards EU accession. In fact a record number of businesses are establishing bases in Istanbul, all requiring professional staff who, in turn, seek quality new accommodation to buy and rent.</p> <p>Increased demand in both the commercial and residential sectors are feeding rental yields and pushing up prices fast.</p>