Istanbul population growth good news for investors, argues turkish property firm

Istanbul's booming population is good news for investors, one Turkish property firm has claimed.

Istanbul property consultants Universal21 attribute some of the political tensions that have arisen in the country in recent months to the pressures of a sudden rise in urban populations.

Adil Yaman, Managing Director of Universal21 commented, “Istanbul has offered property investors the best capital growth in Europe for most of the past three years. Major global brands such as the Hilton have recently opened flagship hotels in previously unfashionable areas of the city which are now seeing a ripple effect as the overall population increases."

"From an investment point of view, a city that is home to more than 13 million people with living standards rising by the year is the stuff of dreams," adds Universal 21.