Property Details
- Property: Flat (Resale)
- Bedrooms: 1
- Bathrooms: 1
- Receptions: N/A
Astrum Towers
Astrum Towers offers an investment within a thriving city at an affordable price. Price Waterhouse Coopers gave Istanbul the number 2 position in terms of investment potential....
Features
Astrum Towers offers an investment within a thriving city at an
affordable price. Price Waterhouse Coopers gave Istanbul the number 2 position
in terms of investment potential.
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.
Why Pay More for your Property?
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