Demand continues in the Beşiktaş residential market, but buyers and tenants are becoming more selective.
While in previous periods the value a residence would add to the quality of life and the level it would reach were the dominant determining factors, now the financing aspect is also an important consideration.
Demand for residences in Beşiktaş is always satisfactory.
Buyers and tenants of Beşiktaş residences come from both within Turkey and abroad.
The composition of buyers and tenants changes depending on the period and conditions.
While in previous periods the value a residence would add to the quality of life and the level it would reach were the dominant determining factors, now the financing aspect is also an important consideration.
The return on investment period, maintenance fee level, rental income, and value appreciation level of the purchased residence are important factors that buyers pay attention to.
Another important issue is liquidity performance. How quickly and satisfactorily the property can be sold when desired is also an important factor that investors pay attention to. In this context, the number of people who choose to rent instead of investing in a residence is also not small.
In Beşiktaş, where demand for residence projects is higher, the segment of buyers or those with higher financial power focus on projects in the Zincirlikuyu, Nisbetiye, and Etiler areas. Buyers or tenants, however, feel stronger in terms of demand.
They are more selective about aspects such as view, location, proximity to the metro, tranquility, and interior design.
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