Istanbul property is now predicted to be one of the best investment opportunities for 2010. Istanbul is known as the gateway from the west to the east and as so can offer western society and security as well as the promise of the east’s intriguing cosmopolitan culture and vibrant environments.

The newest Emerging Trends in Real Estate Europe Report just released by Price Waterhouse Coopers and the Urban Land Institute ranked Istanbul, European Capital of Culture, number 1 in City Development Prospects in 2010.

property investment in Turkey has been popular and profitable for the past few years now but most of the developments and marketing in the overseas property industry was more orientated towards the holiday lifestyle homes on the Med for example and has been attractingmany overseas property This non eurozone country has capitalised on its warm weather, stunning Aegean and Mediterranean coastlines, low cost of living and ease of access to the UK with 73,000 overseas nationals (Turkish Statistical Institute) already calling Turkey home.

We would like to highlight that Turkey’s property boom is also due to rapidly growing cities such as Istanbul where the significant Istanbul property market deficit presents opportunity.
As Managing Director of Experience International, Steven Worboys, comments,

“The success of the Istanbul property market is a simple matter of supply and demand. Due to the fast growth of the city (some 400,000 new inhabitants arrive each year to work or study) the existing housing stock has reached capacity. It is estimated that 250,000 new homes per annum are required until 2015 according to the Real Estate Investment Trust Association to meet the demand generated by foreign as well as domestic investment.”
Istanbul is the established economic powerhouse of Turkey, with some of the most attractive investment opportunities in the world.

Crystal Heights Istanbul
Crystal Heights is an apartment block of 337 luxurious and contemporary styled 1 & 2 bedroom apartments and duplexes and a great example of one of the newest and most interesting Istanbul investment properties available. You can get involved for a low cash outlay of only £13,500 (fixed in sterling) with the 70% available finance. Crystal Heights provides a 7% p.a. guaranteed rental for two years protected on completion in 2011 through collateral from the rental management company. Average rental incomes in Istanbul are very good and because of high demand combined with the quality of the development investors can expect similar if not higher rental income from the properties after the first 2 years guarantee.

For more information about Crystal Heights and to receive a complementry invester report please visit www.istanbul-property.com.