1 Bed Apartment for sale in Beylikduzu, Istanbul, Turkey

Astrum Towers offers an investment within a thriving city at an affordable price., Minimum 7% yield, 65% mortgage available, Prices from £34,995

Astrum Towers is located in the seaside town of Beylikduzu with a popular blue flag beach, a water park and golf course, also Ataturk airport is only 10km away and is the world's 14th busiest airport for international traffic.

Scheduled flights are available from over 90 airlines worldwide. Istanbul is one of the most colourful cities in Europe and brims with an abundance of cultural interests, shops, restaurants, bars and is accessed by bus, car and ferry.

Astrum Towers is close to the metro line covering Asian and European sides as well as the Ambarli Seabus Quay, so great transport links.

Why Istanbul for investment?

With the Istanbul Chamber of Commerce (ICOC) recently reporting that interest from foreign investors in Istanbul has grown at a rapid pace, and that overseas capital flowing into the City of Culture for 2010 has risen year-on-year by 119%, it is little surprise that Turkey and its own star attraction of a city has emerged from a gloomy economy with more than a few interested property experts.

And, while Turkey?s surging economy may well be the driving force behind the latest wave of interest in Istanbul, this is a city that is making a name for itself off its own back too.

A PricewaterhouseCoopers (PwC) survey recently unveiled Istanbul as the most popular location in Europe for real estate investors, and there are probably two crucial reasons for this: tourists and business.

With a wealth of blue chip companies drawing wealthy business travellers to the area, it is little wonder that investors are showing interest. And, much of this interest is directing itself towards buy-to-let style hotel room arrangements, perhaps as these cater best for the business travellers that no doubt the likes of car giant Ford, which has a plant in the city, will be attracting.
The question now, is how sustainable is this period of growth for Istanbul and Turkey? In truth, it is very hard to say, but with large scale developments taking place in Istanbul and tourism numbers rising and rising, it would appear that words like ?growth? and ?prosperity? will be associated with this booming city for many years to come.