Istanbul
Istanbul
Azure Investment Property offer a vibrant selection of properties in Istanbul, Turkey. As the largest city in Turkey, Istanbul boasts a lively atmosphere and luxury villas as well as family homes are on offer in this emerging market.
Istanbul has an official population of 12 million with annual growth of over 700,000 people creating a massive demand for housing, for both the purpose of investing or buying a new home for private use. It a fast growing city and is the country’s commercial, cultural and industrial centre. It is the finance centre of the country accommodating many of the global financial banks and institutions as well as the Istanbul Stock Exchange. Istanbul is also a major tourist destination with its legendary skyline defined by domes and minarets, with the straits of the Bosphorus and Golden Horn running through the city. Villas for sale in Istanbul are always popular.
The introduction of the mortgage system, strong economic growth and a reduction in interest rates has resulted in an explosion in demand for property for sale in Istanbul and has created a strong buy to let market with rental yields in the 5% to 10% range depending upon the quality and location. Istanbul is now attracting many foreign investors as well as a strong local demand for housing, making it one of the prime locations to buy property in Turkey.
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