Real estate abroad is a long-term investment that will help preserve and increase funds during periods of economic instability. Housing prices in Turkey compare favourably with European and Russia. Our managers at SummerHome will show you a catalogue of real estate and inform you how much a one-bedroom apartment in Istanbul costs.
Istanbul is considered the second most important city in the state and is more famous in the world than the official capital of Turkey - Ankara, being recognized as the unofficial centre of the country. The Istanbul Stock Exchange, vital industrial enterprises and the economically important Bosphorus Strait are here.
If your goal is to be in the centre of business life in Turkey, then real estate in its economic centre will become a profitable investment.
Advantages of buying an apartment and living in Istanbul:
The demand for renting one-room apartments in Istanbul is consistently high regardless of the season. Real estate can become a constant source of income amounting to 7-9% of the value of the apartment annually if you decide to rent it. We can also organize details relating to renting a property.
The price of real estate in Istanbul depends on the following factors:
The difference in housing prices, depending on the area of the city, can be significant.
The average cost of a 1-room apartment in a comfortable new building in one of the central districts of Istanbul, for example, Sultanahmet, Sisli, is about 125 thousand euros.
The proximity to the economic, tourist and transport hubs will make such a property a profitable business investment.
An apartment in a newly built residential complex on the outskirts of the city costs around 50 thousand euros. The distance from the centre is compensated not only by price but also by a well-maintained natural environment - parks and pools are part of the residential complexes.
The average price for a mid-size urban 1-room apartment will be approximately 80 thousand euros.
We provide purchase support from the beginning to the completion of the transaction.
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