Description
Why Turkey?
Turkey is one of the high growth regions in the world in last decade and moving forward. This is true not only for expats looking to live and work in Turkey, but also for a growing number of investors who are becoming increasingly interested in dip their toes in Turkey’s property market.
Here’s why. As one of the fastest-growing cities in the world, Istanbul boasts a thriving economy, an unrivalled property portfolio and some of the best returns on property investment. Just in 2022 based on statistics Turkey made the highest ROI among the European countries.
There are a lot of things that make Turkey’s property market so exciting. Here are some of the reasons:
Four season climate
From the sunny beaches in Bodrum to snowy mountains in Erzrum you will find magical weather options all over the year, you can enjoy loads of sunshine in Alanya or Antalia.
Young population
Turkey has large number of young population and that has made its economy stronger in past decade.
Developed infrastructure
Highways, bridges and all transportation infrastructure has made Turkey to be leading in transportation.
Competitive prices and rental yields
Istanbul as the most populated city of Turkey offers superior property yields than popular cities such as London and New York, with a gross rental yield of between 6-10% and an average return of average 7.5%. The property prices in Istanbul are also competitive versus other major international hubs like London, New York, Hong Kong, Paris, and Singapore.
Strategic location
Located in the middle of the world! Turkey’s position is strategic. Istanbul hosts huge number of passenger every year.
Economic growth and stability
Investors choose Turkey because of the economy’s continued growth and stability. As the tourism hub of the region, it has one of the most diversified economies, attracting a high volume of foreign investment annually. It comes as no surprise that Istanbul took the top 10 spot in 2021 for attracting foreign direct investment projects.
Regulated market
Turkey’s real estate market is regulated with high standards with low risk for foreign buyers.
Karamursel located in Kocaeli Province, has a amazing Mediterranean climate. The region is highly growing.
Villa is located only 10mins to beach front and 70mins from center of Istanbul.
Overview
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ID 2297
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Type Residence
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Bedrooms 3
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Bathrooms 2
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Garages 1
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Size 900 m2
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Land Size 2,000 m2
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Year Built 2020
Address
Open on Google Maps-
Address Finance Center | Ümraniye
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Country Turkey
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Province/State Istanbul
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City/Town Istanbul (Asian Side)
Details
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Property ID 2297
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Price 1,250,000USD
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Property Type Residence
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Property Status For Sale
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Property Label For Investment, Under Construction
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Rooms 4
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Bedrooms 3
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Bathrooms 2
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Year Built 2020
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Size 900 m2
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Land area 2,000 m2
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Garages 1
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Garage area 50 m2