Prices Recover in Beyoglu.

Although there are no reliable source or centralized listing service to follow up on the real and current property sale prices in Istanbul, according to some sources the property prices in Beyoglu has recovered around 10-15% in the past 6 months to almost reach the previous peak levels in 2008.

The brokers confirm the extensive increase in interest during the last 6 months and the number of transactions completed increased substantially.

Let us know if any of you can find reliable data we can publish that shows the statistics during the last 3 years covering the peak prices, the downturn following the global crisis and the governement;s desicison to stop sales to foreigners and the recovery period.

Serviced Apartments Istanbul

Serviced apartments Istanbul is another source to find articles, opinions and news about the rental apartment industry in Istanbul. Although the site is new, more info is like to follow.

Art as a part of Furnished Rental Living Spaces in Istanbul

It has been a while since we last posted on this blog. It is time we get back to posting more frequently and share the latest news and information about the developments in the furnished apartment industry in Istanbul.

CCD, an Istanbul located property manager which we previously covered, have added several objects to their portfolio. Most of the new properties are located in Aynalicesme and Harbiye regions of Istanbul.

One unique aspect of CCD's portfolio is that the company promotes art as a part of their project development and design of their apartments. The company designs and builds art studios and galleries in buildings in combination with living spaces and aims to attract more tenants and promote these neighborhoods using art.

The company has several objects in development and more information to follow soon...