Waterfront
Istanbul developments on the shoreline itself, not merely facing it. What direct water access adds, and the maintenance realities of building next to the sea.
Waterfront and sea view are not the same product, and the price gap between them is the clearest evidence. A sea-view apartment looks at the water. A waterfront development sits on it, usually with its own promenade, and often with the shoreline access written into the project's own permissions rather than borrowed from a public path.
Building on the shoreline is regulated tightly in Istanbul, which is precisely why finished waterfront stock is scarce and why it holds value. The same regulation limits what can later be built between an existing waterfront project and the sea, which is the structural reason these outlooks tend to survive.
What to check. Salt air is a maintenance line item, not a detail. Ask what the building's façade and window maintenance cycle costs before you model a yield.
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Eligible under published government conditions. A licensed appraisal decides the value.
Eligible under published government conditions. A licensed appraisal decides the value.
Eligible under published government conditions. A licensed appraisal decides the value.
Eligible under published government conditions. A licensed appraisal decides the value.
Vocabulary
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The most requested feature in Istanbul, and the one most often sold as something it is not. How to tell a view you own from a view you are borrowing.
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How a return on an Istanbul apartment is actually built, and why the yield figure you were quoted is almost always the wrong one.
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