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These bargain apartments are located in the developing area of Esenyurt, a small development in the heart of the rapidly developing residential area of Istanbul. There are 2 bedroom apartments available, superbly priced from just £51,500. Modern, stylish apartments which are spacious, light and airy, a perfect base in Istanbul and offers great rental renturns for those wishing to make a long term investment in the city, with returns of around 5% per annum. This development is located close to the many multi purpose new developments in the area meaning that facilities surrounding the development include shopping malls, bowling, cinema, entertainment centres, restaurants and cafe bars, in addition to this there are a number of new hospitals, schools and colleges. These cheap apartments are situated in the Beylikduzu, Esenyurt and Bahcesehir triangle, one of the strongest growth scenes within Istanbul, due to its proximity to the city centre, major transport links of E5, TEM and public services and only 15km from Istanbul Ataturk Airport. This area is appealing to Istanbul Residents as it offers high quality accommodation within well serviced complexes, away from the over crowded city life but within an easy commute. This area has shown to be one of the best developing areas over the last four years, offering substantial capital growth from new developments and fantastic rental opportunities. The growing prosperity drives forward housing demand; 70% of the residents in Istanbul are under 30 years of age and a further 250,000 people migrate to Istanbul each year. These impressive figures indicate the advancing housing shortage in Istanbul! This certainly will continue to drive Istanbul property prices upwards.
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