Thursday, May 20, 2010

Why Invest in Istanbul Real Estate? Find apartments with high capital gain potential

Why Invest in Istanbul Real Estate? Several different factors had been instrumental in effecting the real estate markets in the U.S . and in Europe and almost all global markets were effected following the economic crisis sparked by the collapse of sub-prime mortgages in the United States. However, several countries had major advantages that resulted in quick recoveries due to strong local demand and having different banking systems. Turkey is one of these countries. If you are searching for the ideal city or region in which to acquire an income generating or off-plan residential property, Turkey is globally one of the best options available at the moment.
  1. Istanbul is 1st ranked development and 3rd ranked investment market in Europe, underserved by high-quality product in many sectors and has better growth potential than all other European cities surveyed. (According to the ULI Emerging Trends in Real Estate Europe 2009 Report)
  2. Institutional opportunistic real estate investment in Turkey remains relatively underpenetrated and presents an early mover advantage for investors with global know-how.
  3. Opportunities to buy undervalued assets in the short to medium term, primary focus on cash generating A and B class commercial properties in Tier 1 cities and finished or nearly finished A and B+  residential developments in Tier 1 and 2 cities with good covenants.
  4. Other opportunities in the medium term on cash generating high street retail properties and retail shopping centers in Tier 1 and Tier 2 cities.
Other factors include; Turkish real estate has been less affected by the global credit crunch due to the infant state of its mortgage market. Unleveraged first-home purchases make up majority of residential demand. Turkey is unique in its position being an emerging market with a young and growing population, however it is also developed enough to offer opportunities in institutional quality residential, retail and commercial projects.

The single-family units are still considered a great investment for those looking to acquire affordable properties with high capital gain potential and high yields. Istanbul Properties offers a wide range of properties ideal for foreigners and also more properties are offered upon request.

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