Istanbul property investment to be boosted by new universities

Property investors considering an investment in the Istanbul student property sector will be looking even more closely at the city in the next 12 months, as 9 new universities are opened. This will take the total to 166 universities.

This year some 895,000 students took the Transition to Higher Education Examination (YGS), but there are only 700,000 places available in undergraduate and postgraduate courses throughout the country. The 9 new universities will make it easier for all to find placement on courses.

Istanbul is currently being perceived as one of the hottest residential investment spots in the world, and student property investment is really taking off as well. This can only to increasing interest in that field, as well as hopefully increasing demand, increasing occupancy and of course, increasing yields.

Süleyman Åžah University will add 300 places in the Kartal district, 60 with full scholarships. Süleyman Åžah will have courses in the following psychology, sociology, Turkish language and literature, economy, business, political science and public administration.

Source: Novrealty.com