Media Highway (Basin Ekspres) in Istanbul has benefited from a huge government investment, improving government infrastructure and pushing property prices up. However, the growing area is still a great option for entry-level property investors, with plenty of options for capital growth and rental income. We've rounded up our pick of the six most incredible investment opportunities in the Media Highway area.
In the weeks leading up to the referendum, investors and developers alike held fire, waiting for the country to vote yes or no on constitutional changes. Last Sunday saw Turks vote "yes." Whichever side you're on, one thing is clear: without the uncertainty surrounding Turkey's political future, the country can begin to move forward again. This includes the property market. In Istanbul, five developers announced new projects this week, signalling to investors that the market and appetite for property in Istanbul and Turkey is still red hot.
Urban regeneration is rejuvenating Istanbul, turning formerly undesirable areas into coveted suburbs sought after by families and professionals - and of course, investors. While many parts of Istanbul are off-limits due to high prices, areas where urban regeneration is taking place offer opportunities for lower entry level prices - but with all the capital growth of the more wealthy parts of the city.
Off-plan property in Turkey offers some of the most lucrative investment opportunities in the country - especially in Istanbul, where buyers can make up to 35% in gains between pre-launch and completion. But is it safe to buy off-plan property in Turkey? What are the pitfalls, and do they outweigh the advantages?
Istanbul investment property is still one of the hottest buys for 2017. But where to start? We outline the five best investment opportunities you'll find this year, based on price, payment plans and exit strategy. Discover some of the most incredible Turkish investment property on the market today.
Much has been made of Istanbul’s investment potential. And despite a turbulent year investors are still expressing interest in Turkey's largest city. But do the numbers add up? Which parts of the city saw lucrative gains, and which are duds? We examine the gains made in the city and its suburbs in the last five years.
The falling Turkish lira has investors speculating: what will happen to Turkish property prices in 2017? Will they also fall? And if so, will they come back? Should we buy property in Turkey now when Turkish Lira is at an all time low? We explain the real estate outlook for property in Istanbul and Turkey this year, and show you some of the deals investors are taking advantage of with a unique loophole.
In a bid to increase numbers of property sales to foreigners, the Turkish government is set to pass a law that will grant overseas buyers citizenship when they purchase a property valued at more than 250,000 USD. The offer will appeal to buyers from the Middle East and Europe seeking not only excellent return on their investment, but access to a large regional hub with favourable tax laws.
The last two decades have seen incredible changes for Turkey's largest city. In response to a growing population and fuelled by a strong economy, there are more construction projects underway than ever before. But in a city with almost more neighbourhoods than you can count, where do you start? Answer: with our list of the top five Istanbul investment property hotspots for 2017.
An environmentally-friendly building in Sisli heralds a new era of sustainable buildings in Turkey. The country already rates in the global top 10 ranking for Leadership in Energy and Environmental Design due to the strides it's made in the industry, and Oxygen Istanbul represents the pinnacle of the green movement - while also embracing quality building and design, and a superb investment opportunity.
When investing in a large city like Istanbul, it's difficult to get your bearings. Prices, build qualities, locations - it all varies so much. Unfortunately, there are a large number of unscrupulous companies ready to take advantage of new buyers. This includes the growing phenomenon of guaranteed rental income. We explain how it works - and how best to avoid getting scammed in Istanbul.
Turkey's largest city is where it's at. Prices have risen by 25% in the past year, surpassing the property growth performance of every other country on the planet. Increased infrastructure, an overhauling of housing stock and an unrelenting demand for homes are behind the growth. It's not surprising that investors are queuing up to invest in Istanbul. But where do you start? According to one of our Istanbul consultants, it's in the west of the city.
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