Investing in Ortakoy and its benefits

2024-03-07
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With the increasing interest in the real estate sector as one of the most sustainable areas in investment, the real estate market in Turkey is witnessing remarkable growth, and the Ortakoy region is emerging as one of the distinct investment areas in Istanbul and this region is attractive to investors from all over the world due to its unique advantages and the multiple benefits it offers.

So we will explore the benefits of investing in the Ortakoy region and how investing in it can be a smart and feasible decision and we will take a look at the advanced infrastructure, diverse investment opportunities, and geographical advantages that characterize this region, which contributes to providing a favorable and sustainable investment environment for ambitious investors.

 

Get to know the Ortakoy region:

Previously, the Ortakoy neighborhood in Istanbul was known as the "Resort of the Ottoman Sultans", as it was the custom for each Ottoman sultan to build his own palace as soon as he assumed power and the Ortakoy district in Istanbul has captured the admiration of the Ottoman sultans, kings and princes, as it embraces many monuments and palaces, among them the "Ciragan" Palace, which was built in 1863 by order of the Ottoman Sultan "Abdul Aziz" and with this, the Ortakoy district of Istanbul has become one of the most prominent historical areas of the city.

Ortakoy neighborhood is located on the European side of Istanbul, and it is one of the most beautiful and wonderful neighborhoods of the amazing Besiktas district and the Ortakoy district of Istanbul is known to some as the "middle village", due to its strategic location in the middle of the European side of the city and this wonderful neighborhood carries a long history of glories and historical events, which makes it an exciting destination for investment and exploration of the historical and cultural beauty of Istanbul.

 

A glimpse of investing in the Ortakoy region and its benefits:

  1. Ortakoy is located on the European side of Istanbul and is surrounded on both sides by the Bosphorus Strait and Ortakoy Bay, which makes it a strategic location overlooking the water and close to many landmarks and vital places.
  2. Ortakoy is a historical district par excellence, where you can enjoy visiting its historical attractions such as Ortakoy Mosque, Ortakoy Bath and Ciragan Palace and this adds an additional attractiveness to the area and increases its investment attractiveness.
  3. Ortakoy has multiple means of transportation and easy access to other areas of Istanbul, including metrobus, buses and boat lines.
  4. It is witnessing continuous development in infrastructure and facilities, which enhances the comfort and quality of life for residents and investors.
  5. You can take advantage of the availability of real estate investment opportunities in the area, whether you are looking to buy an apartment for housing or rent, or even investing in commercial real estate such as shops and offices.
  6. Ortakoy gives you opportunities to enjoy tourism and entertainment along the waterfront, in addition to many restaurants and cafes that provide a comfortable environment for spending time.
  7. The area embraces many facilities and services such as schools, hospitals, and commercial places, making it an ideal place for living and investment.
  8. Turkey is witnessing sustainable economic growth, which enhances the advantages of investing in regions such as Ortakoy.

 

Also be aware of the most important areas closed to ownership in Istanbul

 

The most famous tourist attraction in the Ortakoy region:

Let's get acquainted with the tourist attractions in the Ortakoy region:

Ortakoy Mosque:

One of the remarkable places in Ortakoy district is the Ortakoy Mosque, which was built in the 18th century and the mosque is distinguished by its amazing view of the Bosphorus Strait, and it is considered a destination for many, whether to perform prayers or to take pictures that highlight its unique beauty and the mosque was established by order of the Ottoman Sultan Abd al-Majid in 1853, and it is distinguished by the beauty of its decorations and design, which reflects the progress of architecture in that period.

Mosques in Istanbul

Ortakoy bath:

Ortaköy Bath is one of the oldest buildings in the neighborhood, as it was built in 1556 by the famous Ottoman architect Sinan, this hammam represents a masterpiece of traditional Ottoman architecture and reflects the cultural heritage of the region.

 

Ciragan Palace:

Çırağan Palace was built in 1863 by order of the Ottoman Sultan Abdülhamid, and is considered one of the most prominent landmarks of the Ortaköy district and the palace is distinguished by its exquisite design and beautiful architectural decorations, which make it an important tourist and historical site.

 

Ortakoy Markets:

In addition to the historical monuments, the Ortakoy neighborhood is characterized by the availability of modern commercial centers that reflect the modern side of the neighborhood, as Ortakoy Bazaar is known for offering a variety of goods and merchandise, from everyday necessities to antiques and souvenirs.

 

Ortakoy Restaurants:

Ortakoy Square includes a variety of distinctive restaurants and cafes that serve the most famous dishes and drinks and these restaurants come together in a relaxed and pleasant atmosphere, where visitors can enjoy tasting a variety of cuisines and there are also several stalls serving the famous waffle and cuper fries, which serve as a delicious snack that reflects the local character of Ortaköy.

 

Investing in the Ortakoy region for the purpose of Turkish citizenship:

Investing in the Ortakoy region for the purpose of Turkish citizenship Investing in the Ortakoy region with the aim of obtaining Turkish citizenship is a strategic and rewarding option for many investors looking to take advantage of the advantages that Turkey offers to foreign investors and by purchasing a property in Turkey worth $400,000, it is possible to obtain Turkish citizenship, a Turkish passport, and enjoy the rights of a Turkish citizen, in addition to the freedom to travel to more than 100 countries without making a visa.

 

Details that interest you about the importance of obtaining Turkish citizenship for the investor... learn about them now

 

Common questions:

What are the financial benefits of investing in Ortakoy?

Investing in Ortaköy can be an excellent opportunity to increase the real estate value of the properties over time, with the possibility of realizing an investment return from the rental.

 

What are the basic steps to obtain Turkish citizenship by investing in Ortakoy?

You must purchase a property worth 400,000 US dollars or its equivalent, and then submit an application to obtain Turkish citizenship from the competent authorities.

 

Is Ortakoy a good choice for real estate investment?

Yes, thanks to its historical advantages and strategic location, Ortakoy is an excellent choice for real estate investment, both financially and for obtaining Turkish citizenship.

 

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