Istanbul is the heart of Turkey, a sparkling and constantly active city. It is both entertaining and calm, full of magnificent beauties, which is a bridge from Asia to Europe. real estate istanbul is to enter one of the most promising real estate markets in the world. With hundreds of apartments, villas, and commercial properties being bought and sold every day, the city is working day and night to become one of the best financial centers in the world. This constantly rotating center is a center of excellence for investment in tourism, education, business, economy, and trade.
Real Estate Istanbul plays a huge role in Turkey’s 2023 vision plan to be the best-performing country, and it is also the beating heart of the country, although it is not the capital. That’s why real estate investors from around the world are flocking to increase their portfolios and take advantage of the massive capital valuation potential. If you are an investor or a home buyer who wants to own a property in this city that has shaped historical timelines for centuries, what do you need to know for your investment to benefit you?
Where to Invest to Buy Real Estate Istanbul?
The fast and busy lifestyle of the European side will make you feel alive. The Asian side also offers many opportunities, and places like Kadıköy and Üsküdar are high profile due to their frequent ferry services. While Sabiha Gökçen airport serves on the Asian side, the new Istanbul airport, Turkey’s largest and most ambitious mega-project, serves on the European side. It is the world’s largest air travel hub for airport users, connecting more than 300 countries around the world.
The gigantic size of the city encompasses 39 different districts. Some are more prominent in the housing market and therefore charge a higher price per square meter. Beşiktaş, Kadıköy, Şişli-Nişantaşı Etc. These high-profile areas are the most desirable places to live and work. Any neighborhood lined up on the shores of the Bosphorus will command a higher price.
Best Areas for Real Estate Istanbul
Real Estate Istanbul Housing, office and workplace opportunities in Başakşehir, Küçükçekmece and Bağcılar are very attractive for short-term investors who expect a return in 5-10 years. The factors that make these districts stand out are the changes in Istanbul and the developments in the region. The 3rd Bridge, the Northern Marmara Highway and the new airport Basın Ekspres road have made the districts around them very attractive. As you know, Istanbul continues to grow on this axis towards the north. The most important factor affecting sales of apartments in Istanbul is that the city is open to continuous development.
For those who want to make long-term investments, of course, the type of real estate we will recommend will be land. Çatalca and Arnavutköy maintain their attractiveness in terms of land for sale in Istanbul. In the coming years, Istanbul will continue to grow in these regions and the need for buildings will be met with lands that are still ‘mulberry’ here. You can get very valuable investment opportunities by correctly evaluating the current characteristics and potentials of the region where the field of interest is located and by making risk and price analysis.
Properties to Buy in Istanbul
Real Estate Istanbul is also a hub for purchased and rented properties. If you’re aiming to capture the tourism market, check out the Beyoğlu district known as the new Istanbul, or the old Fatih district with iconic landmarks such as Hagia Sophia, Blue Mosque and Topkapi Palace. Given the city’s high-profile status, it’s also a major business travel destination. The central business districts are Levent and Maslak on the European side. At the same time, Şişli is a retail venue boasting huge shopping malls and many stores. For real estate investors in Istanbul; New real estates are on sale every day.
How to Buy Real Estate Istanbul
The first step is to decide on your budget. When deciding on the budget, do not forget to calculate the other 9% costs besides the purchase. After you have determined your budget; Start exploring the city. It is very important to get support from reliable and professional Real Estate Istanbul. Consultants, while giving advice to you; they share with you the school, shopping mall, hospital, and transportation services around the property you will buy.
They answer your questions clearly and match you with a destination that fits your lifestyle needs. Once you’ve chosen the property to buy, we highly recommend working with a lawyer for every step of the way, including getting a tax number, issuing deposits, sending money, and securing title deeds.