Real Estate Investment in Istanbul - 9th in the World
Real estate investment is that type of investment that specializes in all types of real estate within a specific city or region, and each region or city is specialized in a specific type of real estate investment, and this type of investment is subject to several classifications globally, and investment in turkey, Istanbul came in the ninth place of this classification, Istanbul is one of the most important cities in which real estate is bought and sold with great facilities to Turkish citizens as well as foreigners coming from outside the country.
The importance of real estate investment in Istanbul:
It is considered one of the strongest and most successful investments that foreigners go to. It has a very attractive real estate market and a strategic location. It overlooks the most important seas of the world, making it a destination for foreigners and investors to buy real estate and undertake projects, especially real estate investment in Istanbul.
Istanbul occupies ninth place in real estate investment:
This global classification is carried out through several bases that determine the preference of cities over each other in real estate investment. This classification is carried out by certain committees and through reliable and very accurate data and information, and then the centers are determined from the first to the last for the cities with the most preference for real estate investment in their real estate.
The foundations of Istanbul's classification as the ninth center for real estate:
The city of Istanbul was not classified as a ninth center for real estate investment in vain. Rather, it was the result of the development and real estate boom in the region and as a result of the development of the real estate market in Istanbul and several things that contributed to making the real estate movement in Istanbul stronger and better than in neighboring cities and thus became one of the best real estate cities in the world. This is due to several grounds:
-Investors from outside the country:
Istanbul is one of the first cities visited by large numbers of real estate investors coming from outside the country, i.e. from other neighboring or non-neighboring countries such as the Arab countries or European countries neighboring Turkey. Therefore, the arrival of large numbers of real estate investors to Istanbul means that there are great advantages for investors in it, which contributes to the development of the real estate movement and making it one of the best real estate cities in the world and this was a major reason for making Istanbul in the ninth place for real estate investment in the world and from this we conclude that the most important foundations that contribute to the classification of the city globally at the level of real estate investment are the numbers of real estate investors who come from outside the country or how attractive this city is to real estate investors and the extent to which investors respond to the advantages of this city and that the city of Istanbul did not occupy the ninth place in the world in vain, but that was due to the great advantages of its properties that contributed to attracting large numbers of real estate investors from inside and outside the country.
-Government facilities for investors:
The Turkish government has a major role in making the real estate movement in the city of Istanbul strong and developed, due to the great facilities that the Turkish government departments within the city of Istanbul make regarding real estate investment papers, especially for foreigners, where most requests from real estate investors coming from outside the country are responded to, even from within, in order to facilitate accelerating the real estate investment process through buying and selling operations, which has helped to attract a larger number of investors who are afraid of the issue of papers required for real estate investment, so the government facilities carried out by the Turkish government contribute greatly to making Istanbul a developed city in the field of real estate investment, which made it ninth in the world in this field.
-Availability of many options in the Istanbul real estate market:
The real estate market in Istanbul is known for its development and richness, and it is one of the richest real estate markets in Turkey in general, and there are several options available to meet most desires. When the real estate investor comes to buy a property in the city of Istanbul, he finds in front of him many options, including the presence of several types of real estate and these types are apartments, villas and hotels. As for apartments, it is the type of real estate in which real estate investment is easily practiced. Investment in this type of real estate is intended for housing or sale.
As for villas, they are the type of real estate in Istanbul with great luxury and development. These villas receive great attention from the Turkish government and have also received a large attention by real estate investors with great experience or by famous people in Turkey or by large businessmen who want to buy a luxury villa to live in or to spend vacation and summer times in it, especially if it overlooks a particular beach or a tourist attraction in Istanbul.
As for hotels, it is invested by investors with large capitals, and this type of real estate returns to the investor with great profits because its purpose is commercial investment and not only residential investment. The investor can also find great options in the real estate market in Istanbul, especially in the field of real estate prices. There will be a big difference between cheap apartments and luxury apartments with high prices.
-Istanbul's economic stability:
Istanbul is the economic capital of Turkey, and it is the first city in Turkey in terms of economy and financial development. Therefore, Istanbul's classification is ninth in the world in real estate investment because of the great economic development that Istanbul enjoys, which contributes to the development of real estate movement and attracting investors from all over the world to Istanbul real estate.
This is due to the good living life that Istanbul enjoys as a result the strong economy in the city, as well as the availability of many job opportunities in the facilities of the city of Istanbul, and this has greatly contributed to the influx of investors from inside and outside the country to buy real estate in Istanbul for residence or for selling it and making commercial investment in Istanbul, which brings them profits and stability.
-Istanbul's commercial development:
After large numbers came to the city of Istanbul in order to practice real estate investment due to the great economic development that it is experiencing, especially in recent years, and because of the great options provided by the real estate market in Istanbul, as well as the government facilities by the Turkish government, it was a duty for the city of Istanbul to develop in the commercial field, especially after the presence of real estate investors coming from outside the country to invest in its properties, and this was at the level of shops, commercial centers and malls, which witnessed a great renaissance in the city of Istanbul at the level of goods, prices and magnitude, and this luxury was evident in the malls scattered in all areas of Istanbul, such as Mall of Istanbul, which is considered It is one of the most important malls in Istanbul because of its hugeness, luxury, vitality, and great features that make investors attracted to it and prefer Istanbul over other cities, and this was a major reason for Istanbul's ninth place in the world in terms of real estate investment.
-New construction projects:
The Turkish government has been interested in establishing several real estate projects in order to support real estate investment in the city of Istanbul, and this was evident after the great economic development that the city of Istanbul experienced. This is limited to residential projects only, but the government has also established other projects such as the new Istanbul Canal, which is one of the most important water centers that will be opened in Istanbul, as well as the new Istanbul Airport which is expected to attract very large numbers of travelers and airline users in Turkey and thus attract large numbers of real estate investors to Istanbul.
-The multiplicity of real estate companies in Istanbul:
When a real estate investor comes to Istanbul to buy a property, he searches for a real estate company in order to facilitate the process of buying a property, and Istanbul is characterized by the presence of large real estate companies that care about their properties, so the investor finds in front of him many options and chooses the appropriate company or that suits his requests and desires in order to do the process of buying a property in the city of Istanbul, and this is done through certain steps that the investor must follow for the safety of the property and the safety of the property owner from deception or the absence of valid government papers.
The real estate investor who chooses one of the properties and then visits this property on the ground in order to see its features with the himself and then begins the process of buying the property and signing contracts between the two parties in the presence of a notary, and then extracting the title deed papers of the property.
How to achieve success from real estate investment in Istanbul? Here are the details in the next article:
https://www.estatesforistanbul.com/en/blog/viewpost/57
Istanbul property features:
Real estate in Istanbul has several advantages that make it a center of attraction for real estate investors from inside and outside the country, and these features:
*Acceptable Prices:
The most important thing that distinguishes real estate in Istanbul is its acceptable and medium prices for the great features and luxury enjoyed by real estate in Istanbul. Compared to real estate in neighboring cities, real estate prices in Istanbul are medium and very acceptable for real estate investors coming from inside and outside the country, which gives great importance to real estate in Istanbul and attracts large numbers of real estate investors to Istanbul in order to practice real estate investment.
*strong infrastructure:
The city of Istanbul has a strong infrastructure surrounding all its real estate, and this structure is with the modern transportation network that is being developed on a permanent basis and the highways that are being built between the areas of Istanbul in order to facilitate access to all areas in it, especially the areas where there are modern housing projects as well as the presence of service centers in several areas of the city of Istanbul, such as universities and government schools, which receive all investors of all nationalities, as well as the presence of hospitals and health centers scattered in all areas of Istanbul, which are ready to receive all cases, that gives importance to the real estate of Istanbul and attracts large numbers of real estate investors to it.
*strong build:
The Turkish government and real estate companies specialized in building real estate are interested in a good and strong design of real estate and the selection of the best and finest types of building materials used in the construction of real estate in Istanbul, which gives great importance to real estate in Istanbul in terms of strength and ability to confront natural phenomena.
*Fantastic views:
The most important characteristic of real estate in Istanbul is the presence of wonderful views of all Istanbul real estate, and this is due to the presence of many and widespread tourist places in all parts of Istanbul, so any property in Istanbul overlooks a certain tourist or natural place in it; green or grassy, ??natural garden or water oasis surrounded by trees on all sides, so any property in Istanbul has a beautiful view of the landscape of Istanbul, especially since Istanbul is one of the most beautiful places on earth and is famous for its many tourist places in all its regions and there are many tourist attractions, as it has large green areas and is a great tourist destination for tourists who visit it from all over the world. Therefore, the views of real estate in Istanbul are a great advantage that Istanbul enjoys and make it preferable over other cities.
Some details about real estate investment in Istanbul that you can find in the following article:
https://www.estatesforistanbul.com/en/blog/viewpost/63
Advantages of real estate investment in Istanbul:
In addition to the advantages that Istanbul real estate enjoys, there are other advantages that the real estate investor enjoys when making a real estate investment in Istanbul, and these features are:
*Obtaining Turkish citizenship:
This is the most important advantage that a real estate investor can benefit from if he invests in real estate in Istanbul or in any other city in Turkey. This is done after he purchases a property in Istanbul, provided that at least three years have passed since the purchase of this property and that the price of this property is not less than 400,000 US dollars and other conditions such as that the intention to obtain Turkish citizenship is to practice life in Turkey and not only to enjoy its advantages.
If the investor fulfills all the conditions, he will be able to obtain Turkish citizenship and can enjoy its advantages, the most important of which is travel to more than 120 countries outside Turkey, as well as the ability to visit all regions of Turkey, not just Istanbul.
*Ability to socialize in Istanbul:
Most of the real estate investors come to the city of Istanbul from outside Turkey or from within it from areas far from the city of Istanbul in order to mix with the society and the people there, because the people in Istanbul are considered one of the kindest and simplest people in Turkey and they are distinguished as a conservative people who do not accept defects in morals or principles. Therefore, the real estate investor who is looking for a good education and preservation for his children should go to Istanbul real estate and buy in it.
*Enjoying the beautiful nature of Istanbul:
There is no need to explain the great beauty of Istanbul, as it has a great reputation in the world of picturesque nature, especially in the world of tourism. It is a great destination for many tourists who want to visit its natural areas and see water oases and green areas that sit on the banks of the Bosphorus Strait, as well as its green forests in which parts of the city were filmed such as the famous Ertugrul Resurrection series, and this is not new to the city of Istanbul, as it is God's paradise on earth.
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