It is relatively easy to rent out a property in Istanbul both long term and short term due to the city’s vast workforce and sizeable student population – someone is always looking for a home.
So whilst it may be true to say that there are thousands of new Istanbul properties for sale and they are fairly easy to rent, it is also a truism to say that you must choose the right area if you want to maximise your capital gains.
Hot areas for Istanbul properties for sale include Bosphorus districts that offer a sea view such as Beylerbeyl – the heaven of sea side mansions. Situated below the Anatolian pedestal of the Bosphorus Bridge this area is not just close to the sea but awash with flora and fauna making it one the most sought after locations for searching for Istanbul properties for sale.
Cengelkoy is another key district located along the Bosphorus coast famous for its tea gardens and fish restaurants – if you look here for Istanbul properties for sale you might find one of the old wooden houses.
But the sparkling diamond of the Bosphorus must be Bebek. Look around Bebek and you will see palaces and classically styled villas and also some very contemporary architecture that showcases some of the most desirable Istanbul properties for sale in the city.
Another sought after district along the Bosphorus is Arnavutkoy – located between Kurucesme and Bebek – used to be a fisherman’s village. Today, Arnavutkoy has Istanbul properties for sale that include luxury apartments beside seaside mansions and the old pier.
Purchasing Istanbul properties for sale in any of the Bosphorus districts offers huge potential as an investment – even more so should Turkey eventually become a full member of the EU.
