Almost No Mansions For Sale In The 'Middle Segment' On The Bosphorus!
Almost No Mansions For Sale In The 'Middle Segment' On The Bosphorus!
More than 40 of the large and small 600 mansions on both sides of the Bosphorus are waiting to be sold. However, it is not possible to find a mansion for sale in the middle segment with a price between 20 and 40 million dollars. Recently, the upper segment, called 'Father Mansion’ which costs up to 100 million dollars, and the lower segment, called 'Little Yali', which costs between 6-16 million dollars, are on sale.
The historical and architecturally rich mansions of the Bosphorus attract great interest. The mansions with a fascinating Bosphorus view have gained significant value over the years. Among the more than 600 mansions strung like pearls on both sides of the Bosphorus, there are more than 40 large and small mansions waiting to be sold. However, it is not possible to find mansions for sale in the so-called middle segment, with prices ranging between 20-40 million dollars. The upper segment, called 'Father Mansions’, with a price of up to 100 million dollars, and the lower segment, called 'Little Yali', with a price ranging between 6-16 million dollars, are waiting to be sold. Depending on economic conditions, the number of mansions for sale can sometimes reach 50.
Price Range of Father Mansions: 40-100 million dollars
The upper segment mansions on the Bosphorus are generally located in Kandilli, Vanikoy, Anadoluhisari and Yenikoy neighborhoods. The prices of these mansions, which are called 'Father Mansions' in terms of their gardens, dock lengths, interior usage areas, parking lots, pools, outbuildings, security huts and the number of employees, vary between 40-100 million dollars. The number of these mansions, which have very high daily expenses, is lower than the others. In this price range, 26 mansions are for sale on the Bosphorus. Middle segment mansions are located in neighborhoods such as Beylerbeyi, Kanlica and Cengelkoy.
Business people prefer these mansions with prices ranging between 20-40 million dollars. The more sustainable mid-segment mansions, which do not have the size and expense of large mansions, are almost not sold. In terms of price and accessibility, these mansions are always preferred by business people. Only 4 mansions from this class are on sale.
The distinctive feature of the lower segment mansions, which are mostly located in neighborhoods such as Kuzguncuk and Yenikoy, is that they can be thought of as a house or a detached house and they face the sea. 16 of these 'Little Mansions' on the Bosphorus are for sale between 6-16 million dollars.
Emperor of the Bosphorus is 100 million dollars
In the sale of mansions, attention is paid to the neighborhood, dock length, view angle, parking lot, pool, interior usage features, whether it is an old monument or a masonry structure, as well as its legal status. The most expensive mansion on the Bosphorus is the 'Emperor of the Bosphorus' Zeki Pasa Mansion with a price of 100 million dollars. Zeki Pasa Mansion, which has been waiting for a buyer for years, has a garden area of 4000 square meters and an interior usage area of 2500 square meters. Zeki Pasa Mansion is a coastal palace that has survived to the present day.
Business people who are looking to buy a mansion are mostly industrialists and come from the food and beverage, energy, textile, real estate and construction, finance, and recently, technology sectors.
A Must For Turkish TV Series
Turkish TV series, which are exported all over the world, depict a wealthy business person and mansions play a leading role as the family's living space. The idea that the owners of some mansions would look negatively at the idea of renting them out to TV series has been greatly broken by the daily shooting fees paid by the production companies. Considering the monthly returns that can reach 1-2 million TL, for some mansion owners, there is both an income item and the comfort of continuing to live in the mansion they rent. There are almost no mansions that are considered to be rented as residences. For example, for a 300 square meter mansion in Kanlica with a very well-maintained private dock, parking lot and outbuildings, a monthly rent of 500.000 TL is requested.
