Istanbul waterfront property is investment hotspot
By James Roberts

Istanbul waterfront property is investment hotspot

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Waterfront property in Istanbul is proving itself to be the hot pick for investment in Turkish real estate.

According to local property experts, the area has the greatest potential for return on investment out of all other locations in the city, which continues to be popular with tourists year-on-year.

Cindy Uriona, local property agent working with the Luxurion Real Estate Group, explained: "The upscale waterfront districts of Bebek, Emirgan and Yenikoy offer huge potential with properties selling for 20-30 per cent less than before the recession hit."

With real estate now more affordable than ever before, thanks to the financial crisis, the ensuing property price drop, and changes to property law in Turkey making the country an attractive prospect for investors, many people will be rushing to take advantage of the market.

Those considering Istanbul property should strike now, seizing the opportunities available in the cash-dominated economy before prices rise once again.

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