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What Makes Istanbul A Popular Destination To Buy Real Estate?

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The purchase of a home in Istanbul is among the best options for an investor planning to start investing in Turkish land due to the huge benefits that this city is famous for.

Why should you buy a house in Istanbul?

What do you think are the top factors that can lead an investor or foreigner regardless of nationality to invest in and purchase property within Istanbul and not other provinces or states of Turkey?

What’s been observed was that Istanbul is the city that has been that is favored by investors and foreigners across the globe, and not just with a range of motives and incentives.

In the next paragraph, you’ll be able to understand all the factors which encourage foreigners to invest in property in Istanbul.

First: Real Estate Investment:

One of the primary motives that drive foreigners to purchase a home to purchase a property in Istanbul is the desire to get into the world of real estate investment in order to make huge and substantial returns. There is no doubt that Istanbul is the perfect place for launching a venture like this. The end result will surely be distinct and give the owner plenty of profits and will be a huge the chance to succeed.

Second: Stability and housing:

Another of the primary motives for foreigners to purchase a home in Istanbul is the fact that he has discovered in the city the ideal place to settle down to live permanently, and where all the necessities of a perfect life are accessible like schools and hospitals, health centers malls, etc.
The third step is to obtain citizenship

One of the primary reasons for foreigners to purchase real estate within Istanbul is the desire to attain Turkish citizenship. According to statistics compiled this year, over 40% of people who bought property in Istanbul were looking to obtain citizenship.

Benefits of purchasing real property in Istanbul:

If you decide to purchase an investment property in Istanbul There are numerous advantages you’ll gain from it. This is precisely the reason that draws anyone from abroad or an investor to invest in Istanbul with no the other Turkish cities.

Below, you will be able to view it in its entirety, as the image will then be highlighted in greater detail.

Successful real estate investment:

If you decide to join the investment industry of real estate in Istanbul it is a good choice to make a profit and enjoy large and plentiful profit. Every indication suggests that Istanbul is an ideal place for this type of venture and the experience of businessmen, investors, and other investors prove this.

If you purchase a property in Istanbul valued at $400 thousand US dollars or higher, you’ll be eligible for Turkish citizenship as one of the most powerful and important nationalities around the globe. You must also maintain the property for a minimum of three years. During this time, you can’t sell the property. However and you’ll have the option of renting it out for enormous and huge yields throughout the year, particularly during the peak tourist season which is when the market for real estate rises dramatically, so it is unlikely that you will have a property that is empty of tenants.

Second: A variety of important facilities:

The Turkish government was not afraid to offer all the services and incentives to encourage foreigners to decide to go to Turkey in general , and Istanbul particularly, in contrast to the scenario in European countries, where there are many obstacles that make an investors reconsider their choice to purchase their property.

One of the main benefits offered in Turkey for foreigners are the option of getting an actual residence permit. This is considered to be one of the most essential and most desirable kinds of residences in Turkey for any reason, thanks to the simplicity of getting it, on one hand and the option renewal every year however.

What you are not aware of is that this permit allows you to travel between Turkish states without the need for an authorization to travel, and it also grants access to the entire family, i.e. the wife and children that aren’t yet at the age of 18.

It is not difficult to see it is one of the primary and primary advantages an investor will see before him (the simpleness of processes required to own real property in Turkey) and also with the transfer of ownership, as well as other details that are routine.

Third: The growth of the transportation system:

It is possible that you think the idea of having a home and living in Istanbul isn’t a good idea because of the massive crowds are a part of it and its high population density. One thing you don’t know is the fact that Istanbul is among the largest cities with the most people living around the globe and not just in Turkey.

This isn’t an issue at all since the transportation system and public transportation have been developed to a great extent, which makes it more important than some of the biggest cities of the world, and particularly European ones.

Transportation lines were linked to all regions and regions were fed from inside by buses, as well as other forms of transport, and highways were constructed, which contributed to the easy movement between areas and locations easily without having to invest much energy, time and money.

The growth of the transportation network linked the different areas of Istanbul to one another and eventually became an entire block. this interconnection was also a result of it’s Asian as well as European sections, too.

Fourth: It encompasses international universities:

Do you realize that Istanbul is a city? of Istanbul is home to the world’s most prestigious and prestigious private and public institutions, that have earned an important and prestigious rank around the globe, and not just in the context of Turkey and, thanks to the efforts of the people responsible for them the university was successful in entering the international competition.

Students enroll in these universities from all over around the globe, including the Arabs because they award their students degrees that are recognized internationally and, specifically, by European Union countries.

In addition, the study at these universities do not need a lot of expenses, and they are superior over the universities of Europe that are challenging for students to learn in due to the expensive fees they require on one hand, and on the other hand , due to the harsh conditions they impose.

Five: Major tourist attraction:

Istanbul is among the top cities around the globe for tourism because it draws thousands of tourists from various countries to its historical, tourist and natural attractions which are spread all over the world.

The tourism industry in Istanbul isn’t just restricted to historic and ancient locations, but it there are many modern attractions like huge and luxurious malls that draw a lot of Turkish and foreign visitors.

Sixth: A large real estate diversification:

Most likely, you’ve been informed about the vast real estate range that’s found in Istanbul and where you have to locate options that meet your needs in terms of specs and price and also.

One of the top alternatives that are in high demand in the city is the homes of residential complexes that are distinguished by the utmost sophistication, luxury and contemporary styles, and are equipped with a variety of important services and recreational amenities that enable you to lead a better way of life from the normal.

Seventh: Moderate real estate prices:

Despite the many advantages the city has however, the prices are to be very low and a good choice for comparing with prices are found comparable European cities, both in terms of prestige and importance.

According to a study published by The Times, an American The Times, a newspaper in the United States The Times, prices in Turkey generally are less expensive than prices for real estate in eastern Europe and have a higher proportion of as high as sixty percent. Furthermore, it is also less expensive than properties in the western region of Europe by an imaginary percentage of as high as ninety percent.

Alongside the right costs and the right prices, property for sale Istanbul is distinguished by its excellent quality and international standards Construction companies construct their properties in accordance with international standards for quality.