Why Choose Istanbul
Istanbul is Turkey’s cultural and economic centre. With growth rates that are triple the European average, the Turkish economy has grown more than a third in the last four years (click here for comparative data). This is a phenomenal increase given that Turkey is already a sizable economy.
As the key economic engine behind this success, Istanbul has recently become one of Europe’s hottest property markets. In 2005 alone, Istanbul property investors reaped returns of up to 85% in one year. However Istanbul prices still lag far behind those of other major European capitals and so there are still opportunities for investors.
The population of Istanbul has almost quadrupled in the last 25 years and so the demand for housing stock in Istanbul lags far behind available supply. Both central and local government are committed to developing Istanbul and massive urban investment is fuelling the property market even further. Istanbul investments are therefore attracting investors looking for exceptional capital growth and high rental yields.
|