Istanbul is one of the most attractive cities for real estate investors in Turkey and around the world, and among the investment options available in Istanbul, investment apartments stand out as one of the most popular and attractive investments in the real estate market.
In this article, we will explore the concept of investment apartments in Istanbul and shed light on what they represent and their importance in the real estate investment world in Istanbul and we will discuss the most important aspects that distinguish investment apartments and make them an ideal choice for investors interested in achieving a good financial return.
Investment apartments in Istanbul:
These are residential units that are designed specifically for investment use, and these apartments aim to achieve a financial return by renting them out to tenants or selling them in the future at a high price.
Features of investment apartments in Istanbul:
- Investment apartments are located in vital and desirable areas in Istanbul, which provides an opportunity to obtain a high return on investment. Apartments can be found in areas such as Beylikduzu, Basaksehir, and Sariyer.
- Featuring modern and contemporary designs, it offers ample spaces and ergonomic designs that suit the needs of the tenants and ensure comfort and attractiveness.
- Istanbul has a developed infrastructure, which means the presence of various services such as advanced public transportation, schools, hospitals, and commercial centers in the vicinity of the investment apartment.
- Many residential compounds have common facilities such as swimming pools, gyms, recreational areas, and gardens and these facilities enhance the attractiveness of the apartments and help attract tenants and buyers.
- Investment apartments in Istanbul are an opportunity to achieve a good investment return, whether by renting the unit to tenants at good prices or selling it in the future at a high price.
Specifications of investment apartments in Istanbul:
Learn with us the specifications of investment apartments in Istanbul:
Choose an apartment with a distinctive view:
- Distinctive locations attract many potential investors and tenants, which enhances the demand for investment apartments and helps sustain the investment return.
- Strategic locations ensure easy access to basic facilities such as schools, hospitals, shops and public transportation and this makes investment apartments more attractive to tenants and facilitates their access to necessary services.
- In Istanbul, there is rapid real estate growth in some areas, and the distinctive locations are usually in the neighborhoods that witness this growth.
- Distinctive sites with a good reputation and security are an important factor in attracting investors and tenants and the feeling of security and life in a safe area gives confidence to tenants and makes them more willing to live or invest in those areas.
Attractive design and solid construction:
- The attractive design of the investment apartments reflects quality and elegance, which attracts potential investors and the apartment design includes modern lines, the use of high-quality materials, the harmony of colors and unique details.
- The attractive design enhances the opportunity to rent the apartment quickly and at better rates.
- The solid structure of the investment apartments means that the property is built with high quality and has durability that allows it to withstand different conditions over time and this ensures the sustainability of the investment return and reduces future maintenance costs.
- When the tenant lives in an apartment with a comfortable, attractive design and a solid structure, he increases his desire to continue living in it and pay the rent regularly.
- When an apartment has an exceptional design and durability, the property becomes more attractive to potential future buyers, which translates to an increase in its value and return on investment.
Providing facilities and services:
- The presence of common facilities such as swimming pools, gyms, gardens, and recreational areas makes the apartment attractive to potential tenants, as these facilities provide them with places to relax, practice physical activities, and spend quality time within the residential complex.
- The availability of services such as security around the clock, reception service, and building maintenance enhance the comfort of the tenants and they feel safe and reassured by the presence of a strong security system and technical support available in the event of any problems or malfunctions.
- The presence of facilities and services such as restaurants, cafes, and small shops within the residential complex provides ease in the daily life of the tenants, as they will not need to go far to meet their basic needs.
Tips when buying investment apartments in Istanbul:
- Conduct the necessary research and comprehensive analysis of the real estate market in Istanbul, see the popular areas for investment and check their historical and future performance in terms of demand and investment return.
- Choose a strategic location for the investment apartment, the location must be close to public transportation, and basic facilities such as schools, hospitals, and commercial centers and it must also be in an area with high demand from tenants.
- Check the quality of construction and design of the apartment, make sure that the materials used are of high quality and that the design matches the modern and attractive needs of the tenants.
- Check out the services and facilities available in the residential complex, as facilities such as swimming pools and gyms enhance the attractiveness of the apartment for tenants and increase the opportunity to rent it out at good prices.
- Evaluate the expected return from the apartment and you may need expert help analyzing the numbers and estimating the expected monthly return from rents, maintenance and management costs.
- Ensure that all legal papers and necessary permits for the apartment are correct and complete.
Factors affecting the prices of investment apartments in Istanbul:
- The location is one of the most important factors affecting the prices of investment apartments in Istanbul and the vital and desirable areas such as Besiktas, Basaksehir, Taksim, and Fatih are usually more expensive than other areas, and the proximity to transportation and basic services increases the attractiveness of the location and positively affects the price.
- The size of the apartment and its internal distribution also affect its price and apartments with large areas and spacious designs are often more expensive, and the presence of additional elements such as a terrace or a private garden can affect the price.
- The effect of quality of construction and finishes on the price cannot be ignored and apartments with luxury finishes and high-quality materials are usually more expensive, however, you may also find apartments with mid-level finishes that are less expensive and may offer an opportunity to improve value in the future.
- The presence of common facilities such as swimming pools, gyms, and gardens in the apartment complex can increase the value of the apartment and thus affect the price.
Common questions:
What is the difference between investment apartments and regular residential apartments?
Investment apartments are characterized by the fact that they aim to rent and achieve a financial return, while ordinary residential apartments are considered a residence for permanent residents.
What is the importance of investment apartments in Istanbul?
Investment apartments in Istanbul are an opportunity to achieve a financial return by renting them and it also represents an opportunity to diversify the investment portfolio and achieve growth in its value in the future.
Can I use the investment apartment as my place of residence?
Investment apartments are usually only for rent, not for personal use, but in some cases you can use them as your temporary residence in non-rented periods.
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