Cheap Apartments for Sale in Istanbul

Istanbul is one of the most welcoming cities in the world. The transcontinental location makes the city a crossroads of different cultures. Ever since the first time a proper settlement as a city was established in 660 B.C by Thracians, people from different parts of the world visited Istanbul. And for almost 2500 years it hasn’t changed.

Having a crucial role on binding the two continents, Europe and Asia, always attracted ordinary people, merchants and even emperors. Being a proper and organized city started with Thracians, and then Roman and Ottoman Empires held the city. The dominant culture and religion certainly changed throughout history but there is one thing that hasn’t changed; people from all around the world always came to Istanbul. No matter what the dominant culture was, Istanbul always improved itself by absorbing something new from every single people and culture that someway visited the city. Like a melting pot, Istanbul is a mixture of every culture that touched the city. Most importantly, because of Istanbul has a piece of various different cultures when you visit the city you won’t feel like a foreigner. After spending some time, it will feel like home and you may start to look for cheap apartments for sale in Istanbul.

Istanbul is not only Turkey’s attraction center but also world’s. This is the reason why throughout history Istanbul has been a tempting city to live in. Today, Istanbul is one of the most visited cities in the world. Between January 2014 and October 2014 around, 10 million foreign tourists visited the city. This statistic speaks for itself. Considering that in 2014 Turkey had 40 million foreign tourists, the importance of Istanbul can be understood even better. Not only in tourism and historical background, but also in international flights Istanbul plays an important role in the world. In 2014, only Atatürk International Airports by itself had 38 million international passengers. And the only thing that holding Istanbul back to have more passengers is the capacity of the airport. Because of that the Third Airport is under construction. And it is planned to have 150 million passengers annually. Once finished, it will be the biggest airport in the world.

Istanbul can be a home to anybody who is considering living in it. Lots of different cultures had something to add the culture. This makes Istanbul to help people feel like home. You can find cheap apartments for sale in Istanbul if you are considering living in the city.

Tips To Find The Best Apartments for Sale in Colombo

Understanding The Market For Apartments For Sale And How To Decide On The Type Of Property You Would Want To Own In Colombo

Popularity Of Apartments For Sale
With the growth of the economy in Sri Lanka, there has been an increased focus on the real estate market within the island as well. Due to the higher concentration of development occurring closer to the capital city Colombo, it has also increased the demand for property either for purchase or rent in the vicinity. But such rapid developments and increased demand has also led to a scarcity of free land available. Since the need to buy home properties has to be provided with a solution, many leading apartment builders have begun several projects to provide potential homeowners with viable solutions to choose from. This sort of developments is supported by statistics that indicate that the entire Western province covers only 6% of the country’s land areas but close to 28% of the population seek to make their homes in the area.

Since this trend has been on the rise during the past few years, now you can find many apartments for sale and also apartments for short term rent that can be chosen according to your requirements. There are also several good houses for sale available in nearby areas but due to the high prices, they are not suitable for many interested homebuyers. In terms of apartments there are broadly two categories, namely, luxury apartment projects and micro apartments available for consideration.

Types Of Apartments For Sale

Popularity of luxury apartment projects
In previous times, real estate agents and property developers focused more on offering stand-alone houses for sale. But now, with the limitations highlighted above, these developers have looked to offer those who want to buy home units the option of choosing from luxury apartments. It has been found that the demand to buy apartment that fall into the luxury category comes from the Sri Lankan community as well as foreigners. Such investments made in relation to own properties in Colombo area have also shown high increase in popularity. As per the statistics gathered up until 2015, there have been close to over 2600 luxury apartment units and it is further estimated that this number could reach close to 6000 units by 2019. Such luxury units are also found to be available for those who wish to rent an apartment, giving rise to more and more apartments for short term rent being offered.

Potential for micro apartments in Sri Lanka
Another alternative to houses for sale is the availability of real estate in the form of micro apartments. Many apartment builders have also invested in such projects that have been in high demand among those who want to buy apartment space in Colombo. The target market for this type of property has actually found appeal among the affluent customers who might even want a luxury apartment as well as middle-income individuals who want to invest in such a home for them. Similar to the above category, this type of housing solutions are also available as apartments for short term rent for those who are unable to buy home units by making an outright purchase and therefore look to rent an apartment instead. This opens up the possibility for more home seekers to get closer to their dream of owning a home in a prime city location.

Choosing Between Apartments And Houses For Sale
When you consider purchasing such properties you should be prepared for making the investment. The main decision you would need to make would be in relation to whether you actually want to buy apartment space or you still would like to look out to buy home in the form of a separate house. As a primary consideration when you invest in real estate you would need to decide on the space or size of home. Normally houses in Sri Lanka tend to cover about 2700 sq ft while an apartment would generally fall in the range of 1000 to 1500 sq ft. In addition apartments tend to offer additional services such as security, cleaning, waste disposal and other recreational facilities that are normally not available with separate housing units. But on the other hand, you might want to consider the following that are normally not available with apartments.

  • When you buy apartments you will get a limited parking slot allocation
  • Modifications are not possible
  • Most apartment complexes have restrictions on owning pets
  • Your possibility of engaging in gardening activities is very minimal

Considering When To Rent An Apartment
Due to the various requirements of homeowners there are several other options made available in terms of being able to rent an apartment. Many individuals who would be looking at living in small living spaces for short periods of time can consider finding apartments for short term rent. Since there is a high portion of the population that need to find accommodation to travel to work and for other arrangements in the city limits, this has become more of a financially viable option many prefer. Depending on the requirement you could even arrange to extend the rental period once agreed with the renter. This is also a great way to check whether you can adjust to an apartment style living. If the lifestyle appeals to you, with time, you could also consider owning an apartment of your own.

To cater to much of the demand to wanting to buy apartment properties, there have been several investors and developers who have taken interest in developing projects which are in demand for this market. Among these companies there are several reputed apartment builders operating in the island that have produced several leading apartment projects and have several others lined up as future projects.

How to Search a Suitable Student Apartment

Searching for student apartments require more effort than usual. This is because, students have special requirements like proximity to college, libraries and other frequently visited places based on their needs. As students have special requirements, they have some additional ways to search an apartment than others. They can search an apartment in two ways- on campus and off campus apartment search, which includes both online and offline searches.

On Campus Apartment Search: On campus apartment search is the basic way of searching a student apartment.

o It is easy to get information regarding a vacant apartment from your seniors, friends or classmates.

o Check whether your college/school has any magazine, so that you can find or give any advertisement or classified about a vacant apartment.

o Check through the various student clubs like alumni, where you may find information about any vacant apartment.

If you could not find a suitable apartment through these methods, you can search for an apartment through agents. Check for the agents who can give information about vacant apartments in the neighborhood of your school/college. Look specifically for the services run by or for students which may also have a tie-up with your school/college. Also find out if there are any websites run for the students that may help you.

Off Campus Apartment Search: Off campus apartment search is an effective way of searching an apartment as you have better sources.

o Check the advertisements in the local news papers and tabloids for the apartments.

o Approach agents who can reduce your effort of searching an apartment. Go for the one who has experience in finding student apartments.

o Check for the websites that have listings of vacant apartments in the localities you are looking for. Through online apartment search you can instantly access number of apartments rather than offline.

o Look specifically for specialists in student apartments. They will have advertisements or classifieds regarding vacant apartments and some asking to share an apartment, which is more helpful if you are searching for a roommate also.

o Some apartment search websites allows you to post an advertisement free of cost, where you can give your details like the requirements, budgets, locality etc.

Some of these websites also provide ratings to the apartments given by the past and current residents of the particular apartment. These ratings are very much helpful in selecting the suitable apartment.