Real estate in the Prince Islands

The Princes' Islands are a complex of nine islands near Istanbul, the largest of which is Buyukada Island. This place is truly exotic: along with the unique nature, there is a center of solitude and tranquility. Cars are prohibited on the island, people walk along the quiet streets of the ancient city. Bicycles are offered for tourists and residents to ride around the island. In good weather, you can take a ride through the picturesque places of the island in a horse-drawn carriage.

The islands are full of historical sites and other attractions. For example, the Church and monastery of the 6th century – Ayia Yorgi, the Church of Ayios Dimitrios and the mosque of Dimitrie. These places will be an impeccable choice not only for travel, but also for permanent residence.

The island has everything for human life, water transport goes to the city daily. Only an hour and a half by ferry separates the island of Buyukada and Istanbul. In addition, it is an ideal option for investing, because the demand for real estate is growing exponentially every year. Our real estate agency RealEast has extensive experience in helping clients buy, sell or rent residential and commercial real estate. With our help, you will choose the accommodation that meets all your needs.

What is unique about real estate in the Prince Islands?

Our company has been working in the Turkish real estate market for several years. The Princes’ Islands is one of the most sought–after places due to its convenient location, pleasant climate and a variety of attractions. Our experts will help you choose the best option based on feedback from residents, the infrastructure you need and personal wishes.

Despite the many hotels on the territory of the Prince Islands, real estate is actively booked and bought here. There are a number of reasons for this:

1. Home environment, comfort.
2. Significant savings.
3. The opportunity to immerse yourself in the atmosphere of this place.
4. A much larger area of the territory than the hotel room.
5. The presence of a kitchen with a refrigerator, where you can cook what you love.
6. There is constant access to a washing machine and an iron.
7. Availability of household appliances for mobile cooking.

There are various options on the market – from spacious villas to compact studio apartments. Some are popular among large families or older couples, while others are in demand among young people. Depending on your requirements, the location is selected – the coast of the Bosphorus Bay, the center, proximity to the port, etc.

Real estate investment opportunities in the Prince Islands, Istanbul

The Prince’s Islands is one of the most popular places among foreigners in Istanbul, real estate is in demand here all year round. You can purchase a house and turn it into a hotel or rent it out to guests of the city. The most popular areas among tenants will be suggested to you by the specialists of the real estate agency Real East. As experienced representatives of the niche, we know which accommodation is most attractive to tourists.

Passive income from renting out real estate in the Prince Islands can bring you up to 10% per year. In addition, such housing is beneficial for further resale: against the background of the pandemic, residents of megacities from all over the world began to move en masse at times of relaxation of the self-isolation regime to more secluded places with a pleasant climate and a small population. This is exactly what the Princes’ Islands are. This is the most sparsely populated part of Istanbul. 7,500 people live on the largest of the islands.

Real estate here is getting more expensive every year – prices have risen by 52% this year alone. Current market trends allow us to predict an even greater rise in prices and demand, which means a quick return on investment.

View of the Princes’ Islands