Luxury property sales are continuing in Istanbul.Middle East citizens are choosing these projects for investment.According to Turkish Statistical Institute foreigners bought 478 properties in June,2014.
Luxury Property Demand Continues By Middle East Buyers In Istanbul!
Luxury property sales are continuing in Istanbul.Middle East citizens are choosing these projects for investment.According to Turkish Statistical Institute foreigners bought 478 properties in March,2014.
Europen side of Istanbul which includes Bebek, Nisantasi, Bagdat Street districts are vey attractive regions for wealthy citizens from the Gulf nations.
Sales to foreigners are being further boosted by Middle Eastern investors targeting buy to let opportunities in residential developments in the suburban districts of Bahcesehir, Sariyer, Beylikduzu, Arnavutkoy and Esenyurt.
The goverment has eased to acquiring property for goregin buyers last year.All transactions are taking place immediately.
Aprtment prices are ranging from USD150.000 to USD200.000.Beylikduzu region is 20 mimutes away to Ataturk Airport that prices start at USD155.000.A large five bedroom villa in a prime area of Kavacik-Beykoz with Boshporus views prices start at USD4.950.000.