Making Property Investments in Istanbul Real Estate

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Making Property Investments in Istanbul Real Estate Powered By Docstoc
					    Making Property Investments in Istanbul Real Estate
Several years ago, it would have been extremely hard to purchase an Istanbul property if you don’t
own a company or business within the country. Well, things have changed in the recent years
because of the approval of a new property law. The need to put up a company in Turkey is no longer
a requisite to invest on                                              real estate properties. With
the approval of this new                                              law, it also gave birth to the
increasing number of                                                  real estate agents and
companies in Istanbul.                                                Similar to other countries with
major vacation                                                        destinations, an investment in
Turkey holiday homes is                                               a good choice. This is because
you can have the                                                      property rented when it is not
in use. Most of these                                                 properties are sold in
reasonable prices and                                                 aside from having a beautiful
holiday home you can                                                  also have another source of
income. Choose a good                                                 location in Istanbul, and your
investment is worth the                                               money.

Making the right investment is a great challenge. Many investors are inexperienced when it comes to
shopping for properties in Turkey for sale. The secret is quite easy – you must look for the right
development, price, and place. Always keep in mind that Istanbul is a big city, but only a few places
attract tourists and vacationers. It’s an added advantage that the local population is increasing at the
same rate as the economy is growing. There is a high demand for rented properties today because of
the presence of single immigrants and young workforce. Townhouses are also increasing in
popularity, and this is because of the growing tourism. If you haven’t made a choice yet, below are
some of the options that are available to you:

    1. Kusadasi Spa Village Resort - There are investors that prefer a luxurious lifestyle. If you’re
       one of them, you can choose this 5-star investment. If you choose this option, the Aegean
       coast property can range from £36,000 to £64,000. A great advantage of this type of
       investment is that you can expect a 7.5% yield every year through the 10-year rental
       guarantee. For those who love thermal springs and all other amenities that come with a spa
       resort, this is your best bet.

    2. Onalti Dokuz - Are you ready for a high-end
       neighborhood? Well, if you can afford a £500,000
       property, you should visit Onalti Dokuz. This is where you
       can find residential apartments that can provide you with
       panoramic city views. The apartments will also give you
       easy access to the hairdressing salons, restaurants, pools,
       gym, shopping area, kids’ playgrounds, and social areas.

    3. Sport City - There are only a few remaining properties since the first phase has been sold out,
       so hurry if you’re interested in Sport City properties. This is an ideal choice for investors
       looking for buy-to-let properties. Funding is not a problem since you can readily apply for
       mortgage especially if you want to purchase 2 or 3 units.

Finding property overseas for sale is really easy. Simply find a reputed overseas properties agent, and
you’re on your way to getting that property of your choice.

				
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Description: Practically all real estate in Turkey has investment potential; however, we have carefully selected some of the best real estate for sale in Akbuk, Bodrum, Didim, Fethiye, Kusadasi and Istanbul, so you don't have to do the hard work. Visit our website now!