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.
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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:
- Home environment, comfort.
- Significant savings.
- The opportunity to immerse yourself in the atmosphere of this place.
- A much larger area of the territory than the hotel room.
- The presence of a kitchen with a refrigerator, where you can cook what you love.
- There is constant access to a washing machine and an iron.
- 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
FAQ about real estate in Istanbul
The Istanbul real estate market continues to grow every year. Today, there are many offers for buying affordable housing in Istanbul. The city is popular not only among the local population but also among foreign citizens. Buying a property is not only a good option for living but also a profitable investment. At the crossroads of two continents, on the shores of the Marmara and Black Seas, by the Bosphorus, lies a mysterious and fairy-tale city – Istanbul. Here, you can find bright ancient architecture and modern buildings. Its unique atmosphere attracts tourists from all around the world and makes them fall in love with it from the first moments 👉
The real estate market in Istanbul is continuously growing. Properties are popular not only among the local population but also among foreigners. Many visitors coming to Turkey are curious about the price of properties in Istanbul in rubles. The cost of real estate depends on the area where it is located. In a distant area, you can offer an apartment in Istanbul at a price starting from 700 euros per square meter. In the central areas of the city, the cost per square meter can go up to 1500 euros. For convenience, the prices on our website are presented in Russian rubles 👉
Istanbul is a city that combines the vibrancy of ancient East and the quality of European service. With its multinational population and diverse culture, this city attracts visitors from all around the world. The options offered in Istanbul’s business centers and holiday regions along the Bosphorus vary widely. Currently, there are over two thousand different real estate options available on the primary and secondary markets for foreigners to purchase 👉
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