The Bosphorus’ Fascinating Seaside Residences Are Waiting Their Buyers!

60 seaside residences of the Bosphorus are waiting for their new owner. The prices of the residences for sale vary between $ 4.5 million and $ 95 million.

60 seas of Istanbul Strait is waiting to be sold. The prices of the waterfronts range from $ 4.5 million to $ 95 million. Seaside apartment prices are expected to be between 1 million 750 thousand dollars and 12 million dollars. Qatarians show the greatest interest in these amazing seaside residences.

TEN PERCENT OF THE SEASIDE RESIDENCES ARE FOR SALE

On both sides of the Bosphorus, there are in total 600 seaside residences and 366 of them are considered as historical artifacts. Now 60 residences which include 30 historical artifacts are on sale. Also, approximately 40 seaside apartments are on sale too. The biggest factor in the prices of the sea and seaside apartments is the location, the historical value and the length of the berth.

THE RESIDENCES IN BEBEK, YENİKÖY, VANİKÖY, KANDİLLİ AND ANADOLU HİSARI ARE MORE VALUABLE

On the European side, Bebek and Yeniköy and on the Anatolian side, the mansions in Vaniköy, Kandilli and Anadolu Hisarı are very valuable. The price of 60 seaside residences for sale varies from $ 4.5 million to $ 95 million, while the prices for apartments are between $ 1 million 750 thousand and $ 12 million.

THE MOST EXPENSIVE ONE IS $95 MILLION

Real Estate Consultant Sinem Ayikcan Yilmaz said the attention of foreigners on seaside residences has been really intense and she added:

"Foreigners have such a thought: the dollar is so high, our money is very valuable in TL terms, so here the properties are sold by TL, so I get a chance to buy a more and much better property. Now we cannot pronounce a new law, dollar, and euro, so we have to convert all of the figures to TL now, domestic customers are demanding discounts of up to 40 percent, 50 percent. They separated people living in Turkey and abroad into two different categories. The highest demand is in most Arab countries. Especially it is coming from Qatar. two very important seaside residences were sold to Qataris previously. One was in Sariyer called Kocataş Residence and the other one was Burhaneddin Residence in Yenikoy. These types of property are so few in the Bosphorus, therefore, their price is so high. I can maybe count one more residence that I can qualify as a seaside palace and that would be Zeki Paşa Residence. These types of properties attract a serious amount of demand. Properties that large families can live are highly demanded. "