Flats for sale Istanbul
If you are thinking of looking at flats for sale Istanbul then you had better pick up the phone and arrange an inspection trip – with Istanbul flat prices undervalued there is an excellent opportunity to make good money in Istanbul – with up to 45 per cent profit – in the next two years for a well-chosen off-plan Istanbul flat investment.
Flats for sale Istanbul make a sound medium-term, five-year investment strategy as capital gains tax is nil after that period allowing you to maximise your profit in addition to seeing your Istanbul flat generate rental income. Flats for sale Istanbul in the Bahcesehir area are an especially good investment option as this location includes logistic firms and car manufacturers such as Mercedes. With more firms on the way adding to the city’s expanding middle-class – it is expected local executives would be potential tenants.
Prices of flats for sale Istanbul start from as little as GBP48,000 for an off-plan one-bedroom, 70 sq m off-plan Istanbul flat to GBP189,000 for a four-bedroom off-plan Istanbul flat at 290sq m. A guaranteed net rental yield of 6 per cent per annum for the first five years of ownership is often available with a choice to opt-out and switch to a rental management firm after three years. Flats for sale Istanbul offer high capital growth potential plus a solid rental yield particularly if located on the main transport routes with easy access to Istanbul centre.
Compared to European flats, flats for sale Istanbul give you a lot more bang for your buck with contemporary off-plan Istanbul flats fitted with stylish kitchens, double glazing, air conditioning plus a choice of interior materials often available for selection from marbled floors to bathroom tiles. Many flats for sale Istanbul have outdoor and sometimes even indoor swimming pools and are professionally managed through a site management office.