Double your profits from real estate investment in Istanbul

2024-03-08
136 مشاهدة

Istanbul, the beautiful and modern city, is one of the most attractive cities for real estate investment in the world and it has a rich history and a strategic geographical location that makes it a bridge between the continents of Europe and Asia, but what really makes Istanbul unique as a destination for real estate investment? Through this article, we will explore ten reasons that make your real estate investment in Istanbul a unique opportunity to achieve double profits, as all you have to do is continue reading to find out more information and details that will help you when investing in real estate in the charming lands of Istanbul.

 

How do I double my profits from real estate investment in Istanbul?

  1. Choose properties in desirable areas such as upscale neighborhoods or areas close to public transportation and vital facilities such as schools, hospitals, and commercial centers and ensure that the site has potential for future growth and development.
  2. Try to identify the right market times to buy real estate and you may find times when the market is in a temporary state of decline, which provides opportunities to get good deals and monitor the markets and ask local real estate companies.
  3. In some cases, you can increase the value of the property by making some simple improvements such as internal and external renovations or limited renovations, this can contribute to an increase in the price of the property and thus increase the return on it.
  4. Try to rent the property effectively to ensure that you benefit from a stable income, market the property well and set a competitive rental price that reflects the added value of the property, be prepared to negotiate and cooperate with the tenants.
  5. .It is a local real estate company with valuable experience in the local market and real estate legislation and cooperates with a reliable and specialized real estate company in Istanbul to obtain professional advice and help in making the right decisions.
  6. Stay up to date with real estate developments in Istanbul, such as new projects and changes in real estate regulations and policies, as this may provide you with opportunities for smart investment and outperform competitors.

 

Read more about buying real estate in Asian Istanbul and the appropriate areas to start your real estate investment journey in Istanbul

 

 

Reasons to encourage real estate investment in Istanbul:

  1. The distinguished geographical location of Istanbul, as it is located at the intersection of the continents of Europe and Asia.
  2. Strong economic growth of Turkey and Istanbul in particular.
  3. The presence of Istanbul as a global commercial, economic and tourist center.
  4. Rapid urban expansion in the city and huge development projects.
  5. The high demand for residential and commercial real estate in Istanbul.
  6. Flexible laws and government facilities for foreign investors.
  7. Political and economic stability in Turkey.
  8. The continuous population demographic growth and population increase in Istanbul.
  9. Advanced infrastructure and availability of vital facilities such as schools, hospitals and commercial centers.
  10. The continuous rise in real estate prices in Istanbul in the long term.
  11. Good investment return from real estate in Istanbul.
  12. The active tourism sector and the increase in the number of visitors who need temporary residence in the city.
  13. Availability of advanced means of transportation such as metro, buses and metro bus.
  14. The rich culture and ancient history of Istanbul attract visitors and investors.
  15. Strong business structure and availability of international companies in Istanbul.
  16. Low cost of living compared to many other global cities.
  17. Upscale neighborhoods and modern areas that provide a comfortable and sophisticated lifestyle.
  18. The recovery of the real estate sector and the increase in interest in real estate.
  19. The high sustainability of real estate demand in Istanbul.
  20. Possibility of obtaining Turkish citizenship through real estate investment at a specified value.

 

Promising areas for real estate investment in Istanbul:

  1.  Beylikduzu: It is considered one of the emerging areas in Istanbul, and is distinguished by its coastal location on the Sea of ​​Marmara and the region is witnessing rapid development and offers exciting investment opportunities in residential, commercial and development projects.
  2. Basaksehir: It is a diverse and highly demanded area in Istanbul, characterized by the availability of modern facilities and excellent transportation, in addition to the rapid urban development and there are wonderful opportunities for investment in apartments and residential complexes.
  3. Kagithane: It is located on the European side of Istanbul and is considered one of the emerging and developing areas and it is characterized by stunning landscapes, advanced infrastructure, and luxurious residential complexes, as Kagithane is a good choice for investing in residential real estate, hotels, and commercial facilities.
  4. Besiktas: It is one of the most vibrant areas in Istanbul, where many commercial, cultural and entertainment facilities are located and there are various investment opportunities in residential apartments, commercial offices, hotels, restaurants and cafes.
  5. Bagcilar: It is a diverse and lively area on the European side of Istanbul, characterized by stunning sea views and beautiful nature, and offers opportunities for investment in apartments, villas, and luxury residential projects.
  6. Maltepe: Located on the Asian side of Istanbul and characterized by charming landscapes and a mild climate, Maltepe is a quiet and desirable residential area, offering investment opportunities in apartments, villas and upscale residential complexes.
  7. Kadikoy: It is considered an upscale coastal area in Istanbul, and it is characterized by stunning sea views and modern facilities and there are investment opportunities in luxury residential apartments, commercial real estate projects, hotels and restaurants.
  8. Maslak: Maslak is located on the European side of Istanbul and is characterized by its tranquility and beautiful nature and Maslak is a good choice for investing in residential real estate, villas and high-end residential complexes.
  9. Atakoy: It is a coastal area on the European side of Istanbul and is characterized by stunning landscapes and sandy beaches. In the region, there are investment opportunities in apartments, residential complexes, and villas.

Real estate investment in Istanbul

Do I have to be a Turkish citizen to invest in real estate in Istanbul?

No, foreign investors can legally own and invest in real estate in Istanbul.

 

Are there facilities for foreign investors in real estate investment in Istanbul?

Yes, the Turkish government offers facilities and privileges to foreign investors in real estate investment, including facilities for obtaining real estate residence, Turkish citizenship and a Turkish passport.

 

What are the expected returns from real estate investment in Istanbul?

Returns vary according to location and type of property, but returns are usually good in Istanbul and exceed returns in many other markets.

 

Common questions:

Is the real estate market in Istanbul stable?

Yes, the real estate market in Istanbul is stable and diversified, and is witnessing continuous development.

 

What are the factors that make Istanbul attractive for real estate investment?

Istanbul enjoys a strategic geographical location, strong economic development, continuous population growth, modern facilities, and government facilities for investors.

 

Is there a high demand for real estate in Istanbul?

Yes, there is a constant and high demand for real estate in Istanbul due to population growth and economic development.

 

 

 

 

 

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