Istanbul Real Estate Tops Sales in the Turkish Real Estate Market
Istanbul real estate continues to lead sales in the Turkish real estate market. According to the statistics registered with the Turkish Statistics Authority, the percentage of real estate sales in Istanbul has exceeded 25% of the sales percentage for real estate markets in other Turkish cities
In this article, we will try to focus on the real estate markets in Istanbul and the reasons that led to Istanbul leading the percentage of sales in the real estate markets in Turkey.
Real estate markets in Istanbul top sales in the real estate markets in Turkey
The real estate market in Istanbul is one of the most active global markets, as it is considered one of the strongest real estate markets in the world. The multiplicity and diversity of real estate in the city is one of the most important features for those wishing to buy real estate and real estate investment, as the real estate market in Istanbul covers all the objectives of investment projects, whether they are tourist, residential, commercial or industrial, the investor is always looking to get the best prices before starting a private investment project, as the real estate market in Istanbul provides the best and most suitable prices for most investors wishing to buy real estate in Turkey.
The investor can find a property, apartment or house at a price that is cheaper compared to nearby European countries. Many investors go to the real estate market to buy real estate, which has been positively reflected on the movement of the market in general, which is described as one of the most successful real estate markets in the world because of the factors it has that can enhance opportunities and achieve great success in the real estate markets in Turkey.
The importance of real estate investment in Istanbul
Real estate investment in Turkey in general and in the city of Istanbul in particular is considered one of the strongest and most successful investments that are intended for foreigners. Real estate in the city of Istanbul has been the most prevalent process during the past few years, and this was evident in the trend of foreign investors coming from outside the country to Istanbul real estate, and this was due to the great importance of real estate investment in it and the numerous advantages of real estate, which made it an attractive center for real estate investment, which contributed to the development and upgrading of the level The real estate market in Istanbul and in Turkey in general.
The reasons that made Istanbul markets top sales
What distinguishes real estate in Istanbul is the presence of several motives that would encourage investors to go through this experience and trust the success of it, especially businessmen and capitalists.
-Diversity of options in the real estate market in Istanbul
Istanbul real estate is characterized by the huge diversity that meets all the desires of investors, according to the desire and strategy of the investor, he chooses a target where he can find villas for purchase, apartments, office apartments, studio apartments, apartments within residential complexes, shops, smart homes and many other types of real estate that he desires to bought.
-The touristic place of Istanbul
Istanbul has an attractive green nature, beautiful terrain, and a moderate climate suitable for tourism and living in it. The presence of many natural ingredients and many tourist places that investors and tourists can visit and enjoy their beauty is a strong motivation to buy real estate in them.
-The cultural position of Istanbul
Civilization in the city of Istanbul has always been in the minds of real estate investors who want to buy real estate in it and it was a main goal for them to enjoy the cultural and historical areas, one of the most important of these areas is the Sultanahmet area, which is an ancient area with an ancient civilization that contains many famous palaces and mosques such as Sultan Ahmed Mosque and the Hagia Sophia Mosque, therefore, this civilization and heritage in the history of Istanbul has always been a center of attraction for real estate investors from all over the world.
-Real estate prices compared to other countries
Turkey, including Istanbul, is considered one of the cities with medium or cheap prices in real estate compared to neighboring European countries, due to several reasons and factors, which made Istanbul a center to attract investors from all over the world to buy real estate and investment, and thus these prices and low cost facilitate the purchase process and ensure success in investing, and profits are guaranteed and it motivates investors to purchase real estate.
-Government facilities for investors
The Turkish government has provided a large number of facilities in the field of real estate investment and the conditions related to the sale of real estate, especially to foreigners, and worked on the rapid completion of transactions related to the sale of real estate and absolute comfort in dealing with investors in order to complete the process of buying a property as soon as possible, and also worked to exempt investors from the added tax , which provides the investor with a sum of money, which attracted foreign investors and urged them to buy and invest in real estate in Istanbul.
-Good financial returns that can increase over time
Real estate investment in Istanbul enables you to profit more than other investments, the investor in Istanbul guarantees the stability of the capital in the worst case, but if the purchase period is long, it guarantees definite and huge profits, and the monthly or annual benefit from the property by renting it. Renting real estate must takes place in the places where tourists and temporary visitors are located, and this is in the places of tourism and natural areas overlooking the lakes, and these places abound in Istanbul in its Asian and European parts.
-Getting a chance to succeed
Real estate investment is considered one of the profitable opportunities for foreign real estate investors, as the main goal for them is to have a chance of success. This can be done by buying a property in the city of Istanbul, which opens the doors of success for them by investing this property by selling or renting it, which guarantees them success in investment in the territory of Turkey for several reasons, including the continuous increase in demand for Istanbul real estate
-Strong city 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 spread throughout the city 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.
-Strong construction of real estate
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 face natural phenomena.
In conclusion, we can say that the real estate markets in Istanbul are one of the best investment plans to achieve financial profits.
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