Oypro, a leading property management services company in Istanbul has recently published a variety of residential listings for sale in the city center of Istanbul. Although, Istanbul is a city with several city centers, Beyoglu region is still accepted to be the center of all for centuries.
This region where the demand never suffers also has not been able to increase its supply of stock for residences due to restrictions on construction and permits. This also makes the whole Beyoglu region a prime location for both local and foreign investors.
Investors interested in buying properties in Beyoglu region can check these several new listings including a historic apartment in Galata, a residential development project in Galata, a serviced apartment property on Istiklal and this 2,000 square meters of serviced residences project again right next to the infamous Galata Tower.
Istanbul in 2009 was again chosen as a top 3 European investment location for residences, hotel and office space by ULI and global financial institutions like PWC and others. With prices in Istanbul decreasing in comparison to 2007 due to the global crisis, several projects are now even more attractive for global investors.
It is a worth a look into the residential market in Istanbul, especially those in the city center.
No comments:
Post a Comment