"Istanbul: an Investor's Dream? - A Place in the Sun

by Liz Rowlinson, December 2012

Excerpt from the article:

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"Turkey's largest city is attracting legions of investors from far and wide, but what's best to buy?

When it comes to Turkish property, many people think of the country's beautiful Mediterranean and Aegean coastlines in the south-west.

Yet, it's the dynamic city of Istanbul, straddling Europe and Asia, that offers the best opportunities for both capital appreciation and rental returns for investors.....

..these sorts of sales prices and rentals theoretically give yields of more than 10 per cent per annum, but 7-10 per cent is more reasonable, according to Turkey investment specialists, such as Property Venture® (www.property-venture.com) 'This compares with Istanbul city-centre yields of 3-4 per cent, because property prices are much higher' says Property Venture's Louise Reynolds.

She is selling 62 m2 one-bed apartments in Esenyeurt (south of Bahcesehir) for €60,000 (£48,200), with completion due in December 2013."

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Property Venture® is an award-winning, UK-based agency for overseas property who helps people buy investment property and holiday homes in Europe, more easily and safely than they can on their own, because we offer grounded common-sense advice.

The focus is mainly greater Europe: Poland property, UK investments, Spain property, Turkey property, Cyprus property

On the Advisory Board and a Member of the Association of International Property Professionals (AIPP) the business has been vetted, approved and voluntarily commits to Industry Regulation and the Professional Code of Conduct. We are known for our quality customer service and non-pressurised approach to sales. Take a look at what our clients say

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