Bosphorus prices vary
Güncelleme Tarihi:
ISTANBUL - Tarabya is a valuable district alongside the Bosphorus and property prices in this area vary according to the view of the beautiful waterway through Istanbul.
Old apartments, villas, waterside mansions, new apartments in new living compounds are all available, TURYAP’s Tarabya representative Nedim Aktaş said. Mansions right near the Bosphorus are invaluable. Prices of villas further inland range between $3 million and $4 million.
Mansions are priced from $5 million to $10 million. Duplex apartments in luxurious building compounds have a price tag around $1.5 million. The most important factor influencing prices is the Bosphorus view.
If an apartment or villa has a view of the Bosphorus, even a corner view or a side view pulls the price of the property up, according to Aktaş. "In a building where top floors have a Bosphorus view are rented out one-third more than on bottom floors where there is no view," Aktaş said.