Bomonti, Bostanci, Kadikoy and Eyup: to outsiders these Istanbul suburbs don't mean much. To us, however, they represent fortunes made - or lost - in Istanbul's fast-moving property market. Learn the kind of insider information that sets us apart from our competitors, and creates wealth and opportunity for our investors.
Istanbul’s iconic status makes it a high rolling global metropolis. Ranking alongside the likes of Rome, Milan, Paris and New York, its title as Turkey’s most significant and busiest city sees millions of tourists descend on it every year. Its vibrant history has a notorious reputation, and while these days are more peaceful, it is still a bustling hub of tourism business, educations, arts, culture, fashion and food.
For aviation fans, much of the hype this year is about the Istanbul New Third Airport. The four-phase project will not be complete until 2028, yet phrase one is set to open in 2018. Set to serve 150 million passengers a year, estimates say the six-runway airport, will cost 11.3 billion USD to build. More than 200 airlines will fly from it to roughly 350 destinations around the world. The airport will also be a significant cargo centre, and in turn, change the face of international buying and selling.
In Istanbul, there's sea views at every turn. The gleaming Bosphorus, the bustling Golden Horn waterway, the Marmara Shore and the Black Sea have long been a focus for day trippers, as have Istanbul sea view properties, which are highly sought after by investors and lifestyle buyers alike. Join us for a tour of Istanbul's best sea view properties.
We get a lot of questions at Property Turkey, and perhaps the most common query is: how can I get everything I want in a lifestyle property, as well as ensuring a nest egg for the future? Our Istanbul expert Murad fields a question from Roberto, a potential buyer from Italy, looking for an investment property that's also ideal for a young family.
Every year, Instagram reveals their top ten most photographed places in the world, and every year, Istanbul appears on the list. Locals and tourists Instagramming everything and anything in Istanbul isn’t unusual because not only is it the most populated place in Turkey, but also a top visited city break destination. Here are the most Instagrammable places to photograph while in Istanbul.
Thanks mainly to strong economic growth and stability, 2017 saw a notable return for Turkey's property market after 2 years of political tension and regional unrest. We examine the factors driving Turkey's real estate market and why investors will target Turkish property in 2018.
Basin Ekspres property is no longer Istanbul’s best kept secret. The region on Istanbul’s European side has well and truly come into its own, with quality housing developments and improved infrastructure. We explain why real estate investors should look to Basin Ekspres in 2018 - which will mark the last year of incredible bargains to be found in the area.
Turkish society has changed a lot in the last quarter century: the country’s population is youthful. Women are going to work, and young couples are choosing to wait until their finances are solid before having children. They’re also more upwardly mobile, with more money to spend on consumer items - and homes. But it’s not the three or four bedroom properties that attract these young buyers: it’s one bedroom properties, especially in Istanbul.
The idea of a penthouse lifestyle was first born in New York during the 1920s. These days, the trend has gone global, appearing in many major cities like Istanbul as both permanent dwelling and luxury travel accommodation. Along with the changing status of the penthouse lifestyle trend, came a change in the type of buyers. Previously buyers were working singles or couples, with a professional job netting them a sizeable monthly income. The loft lifestyle has become an all-rounder, appealing to many walks of society if they have the cash to splash.
Tourists generally favour Istanbul's old city, with its incredible monuments and well-worn attractions. However, the developing neighbourhoods along Istanbul's historic Golden Horn are about to give the city's established visitor haunts a run for their money: as investment in the area transforms the face of the Golden Horn, the area is becoming a hub for culture and art. Investors looking for an entry-level option in the fast-moving Istanbul market now have Golden Horn property firmly on their radar.
Across the world, one common complaint about city living is that it loses its intimacy. However, builders in Istanbul, the most forward thinking and advancing city in Turkey have found a way around this. Knowing their heritage like the back of their hand, they are incorporating the traditional community features into the large skyscraper buildings springing up all over the city. So, the social traditions are still there; they just look different.
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