According to studies presented on the subject of real estate ownership, it was found that Turkey is one of the 10 countries around the world suitable for buying real estate and is also an ideal environment for stability and residency. Istanbul is one of the states most visited by foreigners as a natural result of the many privileges it offers.
Have you thought about looking for apartments for sale in Istanbul? What is the significance of this step? And where can you look for it?
In this article, we will provide you with the most important information related to the dimensions of owning real estate in Istanbul.
If you want to buy a property in Istanbul, there are many privileges that will be yours, and through the following paragraph we review the most important of them:
1 - Obtaining Turkish citizenship if the value of the property is two hundred and fifty thousand US dollars or more, and immediately after obtaining that citizenship, you can apply to obtain a Turkish passport.
2 - It is possible to apply for real estate residency, which is one of the best types of residency.
3 - Turkey is an ideal environment for living and stability, where all the necessities of life are available.
4 - Investing in apartments and obtaining high returns, especially during the tourist seasons.
5 - What encourages the investor to search for apartments for sale in Istanbul is that their prices are rising significantly and continuously.
6 - The investor can link his investments between East and West, thus increasing his chance of profit.
7 - It cannot be overlooked that Turkey has all the necessities of a comfortable life.
8 - Arabs prefer to live and settle there because of its close geographical location and the presence of some common customs and traditions.
9 - Do you think that finding an apartment for sale in that city is difficult? You can easily find what suits you due to the abundance of offers available for sale that suit all tastes and budgets.
10 - It contains many important international universities and schools, and also witnessed a recent development in its medical sector, and many government and private hospitals were built, such as (Bashakshehir Medical City), which opened in 2020.
In the context of talking about the importance of owning real estate in this city, it must be noted that its prices are very appropriate compared to other important cities around the world.
The distinguished geographical location of this city, spanning two continents at the same time, made it a great diversity in its real estate, and the number of its districts reached 39. Due to this, the buyer stands in a position of confusion, which areas are the best?
We can tell you that your choice of area should be according to your financial balance. If it is a little, you can look in Esenyurt, Beylikduzu or Kartal.
In general, the prices on the Asian side of the city are lower than what you find on the European side.
In the city center, such as Eyup Sultan or Sisli, there is an abundance of real estate and investment projects that you can look at to choose what suits you.
It should be noted that the closer to the city center, the higher the prices, so people with low budgets are advised to go to search in remote areas or relatively far from the center.
What is the mechanism of buying real estate in Istanbul? This is sure what will come to your mind at first, but when you know that there are many real estate companies, you will surely feel that the matter has become easier. The advantages of using a reliable real estate agency is that it will save you many procedures and steps thanks to its distinguished relations with the most important companies.
If you want to invest in real estate in this city, there are many points that you must take into consideration in order for your investment to be successful and profitable.
1 - Istanbul is full of distinctive strategic projects, and therefore it is preferable to buy a property near it because its prices are constantly increasing.
2 - Choose areas with rapid urban growth, such as Basaksehir, Beylikduzu or Esenyurt.
3 - If you do not have enough money to pay the value of the property in cash, you can look for installment offers, as construction companies are racing among themselves to provide the best.
4 - It is preferable to choose real estate with modern designs, such as residential complexes, as they are the most in demand.
There are some differences between the Asian side and the European side, so you need to know them well before you start your search.
- This side of the city is quiet and suitable for those looking for a peaceful life.
- There are plenty of green spaces, gardens and parks.
- There are many luxury residential complexes.
- It contains some development projects such as the Eurasia Tunnel.
- A tourist destination for many world tourists due to its important tourist attractions.
- It is more luxurious and modern than the Asian side.
- The Turkish government pays special attention to it being a tourist destination.
- Real estate prices are quite high.
- It is characterized by its large variety of real estate suitable for different tastes.
Before you look for apartments for sale in Istanbul, determine if your goal is real estate investment, housing and stability, or obtaining Turkish citizenship. Monitor your financial budget well, and do not forget to take field tours to visit the most important real estate projects available.
You can tell us the specifications of the apartment that you dream of owning so that we can help you find it. Based on our experience and our distinguished relations with construction companies, visit our website frequently to be informed of everything new related to the real estate market in Istanbul.