Istanbul’s star is continuing to rise. With a growing population of young professionals - more than 40 percent of the city’s 17 million inhabitants are under 35 - housing demand is at an all-time high. Currently, 250,000 units are being sold a year, and developers can’t keep up, with most developments selling out at the off plan stage.
In other words: the sky is the limit for Istanbul investment. Prices are rising - almost as quickly as the queues for rental housing are growing. We’ve put together a list of some of the best investments in the city. Any questions, get in touch.
Priced below market value, this luxury apartment in prestigious Sisli is an absolute bargain for anyone wanting to get an early foot in the door in Istanbul property investment - and it’s all completed and ready for its first inhabitants.
The three bedroom, three bathroom apartment is spread over 115 square metres and has a shared pool, fitness centre, tennis courts and 24/7 security - ideal for long-term rental for a family. It’s located on the seventh floor with views over Sisli.
We’ve crunched the numbers: this property will reap an annual rental income of $24,000, or 6 percent - head and shoulders above the citywide average of 4.8 percent. There is just one unit here, and it’s priced to sell. Get in quick.
This elite development offers a range of apartments sized from one to four bedrooms. Complete with luxury fittings, huge terraces and views over the Sea of Marmara, these lovely residences are ideal for families or city professionals seeking a seaside lifestyle within easy reach of the city.
Buyukcekmece is an up-and-coming area on Istanbul’s European side, outside the city centre. Just three minutes from a major motorway, this development is conveniently located, offering easy access to the city, the sea and the airport. Facilities include a large shared swimming pool, gardens, children’s club, fitness centre and cinema.
With luxurious, roomy living areas and panoramic views of central Sisli and beyond, Trump Towers is one of Istanbul’s most prestigious addresses. The fully-serviced apartments are located in towers with 39 and 37 storeys that are mixed residential and commercial use - containing a large shopping mall, metro station and a range of restaurants and shops.
Residents have exclusive access to a library, children’s playground, cafe, business centre and swimming pool. Central Sisli is just 15 minutes walk from Trump Towers, while Taksim Square is two stops by metro.
There are a range of apartments available, from 120 square metre residences to huge penthouse properties. These are ideal for investors hoping to snare a larger slice of the pie. Priced high, there is still plenty of scope for capital gains in this luxurious development. This one-off exclusive deal is exclusive to Property Turkey.
Istanbul’s “garden city” is a favourite of young professionals and families seeking city living in a green, residential spot. As such, rental accommodation is extremely sought-after here, and prices are rising steadily. Bahcesehir is a fantastic spot for a foot-in-the-door investment.
And why is this development a winner? With its stylish mix of modern living, top facilities and emphasis on green spaces and healthy living, this development is aimed at Istanbul’s solvent professionals - presenting a superb chance for a new investor aiming to earn rental income from professional tenants.
The homes offer a modern living environment facilitated by IQ technology - a system that allows you to control the home with the touch of a button. Facilities include a large outdoor pool, children’s playground and pool, fitness courts, a golf course and gardens.
The developer is currently offering 15 percent discount for cash purchases or up to 24 months payment terms with low deposits. The project will be completed by November 2016, by which time the current price will not be available. Buying these units also gives you access to a rental income and management scheme, ensuring your annual rental income - forecast at 6-8 percent - will be well looked after.
This modern development in one of the city’s fastest-growing areas presents a fantastic chance to nab a quality investment property at a very favourable price.
The large project has a number of apartments on sale, although most of these have been snapped up. As well as modern apartments with branded fittings and all mod cons, the development includes a shopping mall, fitness centre, pools, water parks and green areas.
Esenyurt is one of Istanbul’s most vibrant suburbs. Well connected to the rest of the city, and with enough shops, restaurants and malls to keep even the most restless of city-dwellers occupied, this growing area is fast becoming one of our most talked-about city spots - and a haven for young professionals seeking rental accommodation.
Rental yields for this development are expected to be around 6 percent per annum - which means your investment will pay for itself in just over a decade. We predict we will have little trouble finding tenants for this development, and with property prices rising swiftly in all areas of the city your future nest egg is assured.
Higher than average rental yields and pre-launch bargain prices combine to make this stylish development one of our top investment choices in the city.
Just 128 residences are up for grabs in this boutique Beylikduzu development. The low-rise complex includes 16 branded shops and is built in a small complex with 75 percent green space and an on-site lake.
This development will be completed by the end of the year, by which time these prices will jump by 15 percent. Rental yields are expected to be 6 percent in the first year, then gradually rising to reach 8 percent in the fifth year of ownership. These higher than average rental yields, combined with the forecasted capital gains of 50 percent after four years, and a desirable location, mean this family-friendly development should be at the top of any Istanbul investor’s list.
Located as they are in Istanbul’s inner circle, these residences represent an opportunity to enter the inner circle of investment and rental income.
We expect to see prices here to double in five years. A bold claim? Look at the numbers for yourself. Prices are going through the roof in Istanbul and central Istanbul is at the forefront of the boom.
This development has been designed as a city within a city, containing residential areas, malls, offices, green spaces, swimming and fitness centres and even an international school. Apartments have been built to high specifications, with open plan layouts and spacious living areas.
This is the kind of development that attracts professionals and young families seeking quality housing with excellent transport links to the central city. This development is an ideal opportunity for investors seeking reliable rental income and superb capital gains.
Savvy investors getting in at the ground floor can bag up to 15 percent investment on these Aegean-style homes, built on the lakeside yet a short drive from the city centre.
These homes are built to high modern standards - yet are designed to replicate an Aegean way of life, with terraces, water views and green spaces.
If you buy today, you’ll benefit from fast capital growth within eighteen months.
The facilities are as unique as the residences themselves, with organic hobby gardens gardens and yoga classes offered alongside the more standard fitness centres, swimming pools, sports courts, restaurants and shops.
Located to Halkali, you’re close to Bahcesehir and have good links to the city centre - it’s a strategic spot for city commuters - especially those with young families wishing for some green space and great facilities.
This complex will be completed shortly and will be an extremely desirable location for families and professionals. It’s a superb investment opportunity, with capital gains expected to rise rapidly upon completion.
Prices are expected to leap by 35 percent once these luxurious Levent apartments are completed.
Located in the heart of Istanbul, minutes from the city’s financial district, best shopping streets, restaurants and travel links, these modern residences will attract high-end tenants working in the central business district. This area commands eye-watering rental prices, making this one of the best buy-to-let areas in the city.
These sophisticated residences are built as “smart homes”, with technology interfacing every aspect of life. Hard-working commuters will love the complex facilities: pools, saunas, a fitness centre and restaurant.
The area commands high rental income, making this investment one that will continue to pay for itself. Discounts are available for cash buyers who enter at the early stages. The project will be completed by the end of the year, by which time many buyers will be priced out.
Designed by the largest developer in Turkey is this huge project that is more than just a project, it is a city within a city concept like you have never seen before, offering superb facilities for residents ranging from large shopping malls to cinema's to luxury restaurants and cafe's.
An investment that combines a superb lifestyle in an up and coming area behind West Marina in Istanbul is this range of properties for sale in a high class project well equipped with everything one would need for day-to-day living in a striking and serene location.