apartment for sale in Istanbul

An Apartment In Istanbul

The Preferred Destination

For

Foreign Investors

 

Istanbul is a preferred destination for international real estate investors. A study conducted by two organizations reveal that it is the seventh most preferred place for real estate investment in Europe. Different reforms at the government level have resulted in the surge of real estate investment by foreigners. In fact, the country has witnessed a growth in a number of foreign investors over the year. Investors from almost eighty eight countries have invested in the country, to be a part of the emerging market and reap benefits from it. In comparison to the past, law has eased, and investors are granted residency rights to overseas investors who have purchased property here.

 

 A major reason for the boost in real estate arena is the increase in tourists visiting the city. Strategic positioning of this city in terms of global politics and economy is another reason for the growth. Of late, different initiatives have been undertaken by the government, to improve the infrastructure of this country. The city is now connected to major European cities through air as there has been an increase in flights. It is expected that there will be a remarkable rise in the air traffic. Better flight operations also attract foreign investors.

 

A shortage of accommodation is also noted in the country with Istanbul contributing to the major share. For real estate investors, this is a lucrative opportunity to reap benefits through various residential projects. In response to the demand for accommodation, the horizon of the city is now swarmed with apartments and villas. Both holiday and residential apartments are in high demand in this city. In terms of development prospects, Istanbul tops the list of different European cities. An apartment in Istanbul caters services as per EU regulations and emphasizes on Turkish hospitality.

 

Owing to these reasons and developments, you can find few noted names and brands in real estate arena that caters apartments with superior facilities of international standard. Based on your need you can get accommodations equipped with modern facilities or five star like facilities. However, the price of later types of apartments might amount to millions of pounds. If you want, you can opt for Apartments for rent in Istanbul and the property management firms can help you in this regard. Depending on your duration of stay and budget, these agencies can find you a perfect home. Rental charges are decided by the location of the property.

 

In case, you are in need of apartment for sale in Istanbul then; the renovated ones will be a good choice. Renovated apartments will give a feel of tradition. You can spot various Ottoman style penthouses and apartments in the city, and these are renovated as per the EU standards. These apartments are predominant on the European side of the city. If you want an inexpensive accommodation then the outskirts of the city will fetch you good returns. Communication to the central part of the city is good and apartments are equipped with good facilities. This is good if you want to stay in a rented accommodation. With the rise in demand of accommodation, prices have also surged exponentially.