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Thursday, December 12, 2013

The Secretive World of Turkey's Market for Historic Mansions - WSJ.com

Turkey's Secret Mansion Market

Despite numerous sales of Istanbul's waterfront 'yalis,' few owners will admit their homes are even listed

The elegant waterside mansions lining the Bosporus strait in Istanbul have been the city's most prized real-estate assets for more than two centuries. Now, more owners are listing these rare, iconic properties, tempted by the potential of a multimillion-dollar windfall.

More:The Secretive World of Turkey's Market for Historic Mansions - WSJ.com