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.
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