A housing shortage, coupled with Turkey’s economic success has meant that apartment (homes for sale) prices are rising fast in Istanbul (more than 10 percent and property is being snapped up at lightning speed, with 90 percent of units sold before development completion).
Developments have sprouted on the city’s outskirts to cater for the growing population of commuters, these homes for sale have good facilities and travel links to the central city. Cheaper, but with good returns, these low entry level homes for sale in Istanbul, are a good investment for someone who would like to dip their toe into the city’s growing rental market.
Renovated Istanbul homes for sale are a good option for Istanbul buyers looking for something with a more traditional feel. A number of Ottoman-style homes for sale and penthouses have been tastefully renovated in the stylish European side of the Bosporus.