Since being in office, one thing is for certain, Turkey’s Prime Minister, Recep Tayyip Erdogan, is a man with a mission – to develop his native Istanbul into a financial hub on par with London and Hong Kong. His plans are working…

Article written by The Overseas Guides Company

Development is happening on a daily basis in the Turkish capital. Over the last decade an increasing number of Blue Chip companies have opened locations in the city after realising the importance of having a base where East meets West. In addition, the government have given the green light to a third airport for the city and have given the go-ahead to two enormous infrastructure projects – a bridge across the Bosphorus and a canal linking the Marmara to the Black Seas.

On top of this, it has just been announced that two floating piers with a capacity for close to 400 boats will be opened in the Tarabya and İstinye districts on Istanbul’s European side of the Bosphorus.

With more and more wealthy people realising the benefits of Istanbul, the TurkeyBuyingGuide.com decided to take a look at the types of property available in the growing city.

This prestigious villa is ideally located in the centre of Istanbul and benefits from panoramic Bosphorus views. Situated in a 900 square metre plot of land, the six bedroom house is spread across three equally impressive levels.

In terms of quality, design and location this modern villa is second to none. It has a private swimming pool, a games and fitness room, a Turkish bath and is less than 100m from the waterfront. The property is on the market for £9,348,648.

If the villa is a little out of your price range, this upmarket development could be more in your price range. For prices starting at £93,179, you can choose from a studio or one or two bedroom apartments in this luxurious development. Amenities owners can benefit from include on-site hairdresser, convenience store, outdoor and indoor swimming pools, climbing wall and mini-golf.

For details of more property for sale in Turkey, visit the Turkey listings on Rightmove Overseas. One way to save money when buying or living in Turkey is to use a currency specialist when transferring your pounds into lira or euros. For more information on this, contact Smart Currency Exchange or visit the Currency Zone.

To understand the full step-by-step process to buying a property in Turkey, collect The Overseas Guides Company’s ‘Turkey Property Buying Guide


The views and comments herein are those of the author and do not necessarily reflect the views or opinions of Rightmove Overseas, Rightmove Group Ltd or Rightmove Plc