So, how well do you know Istanbul? You have probably heard of Besiktas - where eye-watering prices put the central region at the top of the pile. However, there are a number of up-and-coming neighbourhoods where property is becoming available thanks to regeneration and gentrification. Investors are moving in and developers are buying up - a sure sign that these little-known areas are on their uppers. We let you in on four areas where, price-wise, there is still room to move.
Istanbul is not only Turkey's shining star, but the rising star of the real estate world with more than 250,000 properties being sold in Istanbul last year alone, leaving developers struggling to keep up with demand as more and more savvy investors look to take advantage of government initiatives for regeneration, prime areas, and the districts of tomorrow. In a city of 17 million, prices of Istanbul's real estate are rising quickly, and in this blog we put together our top investment opportunities in the city today.
Summer’s here and buying season has begun. Now’s the time to start doing your homework ahead of heading off on a property inspection trip to buy your dream home in Turkey. If you’re a prospective first-time Turkish property buyer you’ll love these tips, which cover everything from deciding what you want to buy to avoiding property scams, giving you peace of mind to enjoy your new life abroad in the sun.
In recent decades Istanbul’s transformation from a modest city to a huge centre, home to a quarter of Turkey’s population has been astounding. Economic advances and increased immigration to the city mean Istanbul is bigger and wealthier than ever before. However, growth has not been smooth, and now city planners are aiming to transform the city over the next 20 years with initiatives aiming to improve housing and infrastructure for future generations. We explore the opportunities urban transformation presents for investors - and the problems associated with rapid change.
Life in Turkey is certainly a lot cheaper than life in the UK, both in terms of property prices, and just general living costs - in this blog we dive into exactly how much it would cost you to live in Turkey permanently, what your outgoings would be, and compare those to that of life in the UK. You might be surprised at just how much of a saving you could make with your new Turkish life.
As more and more people look towards investing in a Turkish property, it is inevitable that you begin to hear some horror stories of those who have seen their dream purchase in the sun turn into a nightmare. In this analysis, we unpick the facts and look into the good, the bad, and even the ugly when it comes to investing in Turkey. Do not buy in Turkey before you have read this blog.
In a city as big as Istanbul, it is easy to get lost, easy to look for easy options of investment in city centre favourite districts and regions such as prime Esenyurt and Beylikduzu. But, what are the districts in Istanbul that have yet to reach their full potential? The areas that are prime for investment today to pay off tomorrow? We take a close look at Bomonti, Kagithane, and Bahcesehir to bring to you our top three spots for real estate today that are set to see huge price increases in the next 5-10 years.
If you look around the world real estate markets, there is a significant downwards trend throughout Europe and beyond. One country that has remained largely unaffected by it all, is Turkey, and specifically - beautiful Kalkan. Many overseas purchasers are looking towards Kalkan for the sweeping sea views, spectacular surroundings, and mesmerising charm of the region. One other attraction of Kalkan? High rental dividends for those looking to buy from an investment perspective. We take a look at why Kalkan is the ideal buy-to-let destination for those seeking a sunny second home abroad along the Mediterranean.
From the quaint cobbled streets, to the beautiful whitewashed houses covered with bougainvillea, to the sweeping sea views and alluring surroundings voted as one of the worlds top 10 views - it is evident that there is just something about Kalkan that captures the imagination as soon as you step foot in the region leading to many holidayer's turning into full time expats purchasing a second home in Kalkan to become part of the regions history and charm. The unique attraction of Kalkan is that houses are built on the hillside, meaning that everyone property offers incredible views - and here we showcase five of the very best of them.
Why buy a luxury property in traditional favourites around Europe such as France and Spain? Why spend millions on a property when you could save a few millions and buy something even better in Turkey? We take a look at the new trend of designer homes coming to Turkey with an inclusive dive into seafront living on Turkish shores from Yalikavak to Kas to Kalkan, and beyond. Cameron Deggin provides us with some running commentary on just why Turkey is emerging as a leading destination for investors looking for 5-star properties.
Before you consider making a foreign real estate investment elsewhere in the world, we implore you to have a read of this statistical blog written by one of our financial investment experts. Any bargain hunter would have done their homework, but to make things easier for you - we take a deep dive into the property world, leaving no stone untouched and discovering exactly what you can get for your buck when comparing Turkey with other hot real estate market nations such as, Brazil, Japan, France, The United Kingdom, and more financially, looking at cost per square metre. You just might be surprised at what we find - take a look and leave us your thoughts.
With Turkey's ever growing economy and financial stability, many foreign investors are looking at placing their money and faith in Turkish banks. In this blog we take a look at how to go about investing in Turkish banks and provide tips and a step by step guide to doing so. The interest to be earned on money in Turkish banks can be higher than those in banks throughout Europe.
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