Istanbul real estate has become a destination for many capital owners and those interested in the field of investment.

Istanbul Real Estate is an ...

Date:

Wednesday, September 21, 2022

Istanbul real estate has become a destination for many capital owners and those interested in the field of investment.

Istanbul real estate has become a destination for many capital and those interested in the field of real estate investment, as it has recently witnessed a lot of urban development and now construction companies are racing to build luxury projects in it within the studied international standards required by buyers.
In this article, the editorial team at FCC Real Estate will provide you with some information related to the real estate sector in Istanbul.

Reasons for the development of the real estate sector in Istanbul:

Istanbul has a long and diverse history that is reflected in its architecture. The city has been home to a number of civilizations, each of which has left its mark. This makes Istanbul an ideal place to invest in real estate. The city has a fast growing economy, which is attracting more companies and investors. This has led to an increased demand for office space and apartments.
Istanbul also has a large population, the number of which is expected to increase in the coming years. This will create additional demand for housing. The government is investing heavily in infrastructure projects, which makes Istanbul more accessible and attractive to investors. These projects include the construction of new airports, highways, and hospitals.

Reasons for the high real estate prices in Istanbul:

Istanbul is one of the most expensive real estate markets in the world. City prices have quadrupled in the past decade, and there is no sign of slowing down. The main reason for the high prices in Istanbul is simple:
Demand far outstrips supply as the city is growing rapidly, and there is not enough new construction to keep up with demand. This has caused prices to highly increase. In addition, Istanbul has become a popular destination for foreign investors, who are paying more and more prices.
Finally, the Turkish government is encouraging real estate investment through a series of tax incentives. This has led to more investment and higher prices.

Asian or European section to buy real estate in Istanbul?

Your choice of Asian or European section to buy property in Istanbul really depends on what you are looking for and according to your budget. If you are looking for a more luxurious property, the European side is probably your best bet. However, if you are working on a smaller budget, the Asian side may have some better options for you. In the end, it really comes down to what you are looking for and what you can afford.

The future of real estate investment in Istanbul:

The future of real estate in Istanbul is very promising. The city has a lot to offer to investors, and there are many reasons why the city is a good choice for investing in real estate. Istanbul is a city with a population of more than 14 million and is the largest city in Turkey. The city also has a diversified economy, with industries such as tourism, finance, manufacturing and retail.
The city also has a very young population, with more than 60% of the population under the age of 30. This gives Istanbul a very large potential customer base for companies.
Istanbul also has a very convenient location. The city lies between Europe and Asia, making it easy to access both markets. In addition, Istanbul is located on the Bosphorus, one of the world's busiest shipping routes.

The most luxurious real estate in Istanbul:

The search for luxury real estate with international specifications is a common goal among many wealthy people, businessmen and people with high budgets, as this city is a product of creativity, distinction and luxury.

1 - Penthouses:

Istanbul is one of the most luxurious real estate markets in the world, and penthouses are among the most desirable properties in the city. Penthouses offer a number of advantages over other types of property, including:

-Unobstructed Views:
Penthouses are usually located on the top floor of a building, giving them unobstructed views of the city skyline.
-Privacy and security: Penthouses also tend to be more private and secure than other types of properties, as they are often far from street level.
-Luxurious Amenities: Many penthouses come with luxurious amenities, such as swimming pools and private terraces.

2 - Villas:

Villas are among the most popular choices of luxury real estate in Istanbul. Villas offer a number of advantages compared to other types of real estate, such as apartments.
Some of the advantages of choosing a villa as a luxury real estate option in Istanbul include:
-Privacy: Villas offer more privacy than other types of properties. This is because they are usually detached houses with their own gardens. This means that you don't have to worry about your neighbors being able to see your house.
-Size: Villas also tend to be much larger than other types of properties, such as apartments. This is because they often have multiple floors and a large plot of land. This extra space can be used for a variety of purposes, such as adding an outdoor pool or garden.
-Security: Villas also tend to be more secure than other types of properties.

3 - Residential complexes:

You will have access to world-class amenities that will make your life more comfortable. These complexes are usually located in key areas of the city, so you will be close to everything you need. Security is usually much better in these complexes, so you can feel safe.
The building quality is much higher in these complexes, so you can be sure that your investment will last for many years to come.

4 - Hotel apartments:

The most luxurious hotel apartment properties in Istanbul are usually located in the most popular tourist areas of the city. These apartments offer travelers the opportunity to enjoy all the comforts of home while being close to the city's top attractions.
Some of the advantages of choosing a hotel apartment over a traditional hotel room include more space, privacy and often better amenities.
The hotel apartments also gives travelers the ability to prepare their own meals, saving money instead of dining out.

The most developed areas in Istanbul to buy an apartment:

The city of Istanbul embraces a wide range of important areas, which are considered one of the most luxurious areas, not only in Istanbul or Turkey, but on the global level, and this is what we will highlight in the following paragraphs:

1 - Sariyer:

Sariyer is one of the most popular areas of Istanbul among foreign investors. This is due to many reasons, the most important of which are:
-Location: Sariyer is located on the European side of Istanbul, on the Bosphorus. It is close to many important areas such as Maslak, Levent and Besiktas.
-View: Since Sariyer is located on the Bosphorus, many properties have beautiful views of the strait and the city skyline.
-Green spaces: There are many parks and green spaces in Sariyer where you can relax and escape the hustle and bustle of city life. Kucukcekmece Lake is also nearby, where you can enjoy many outdoor activities such as fishing, cycling and hiking.
-Social facilities: There are many hospitals, schools, shopping malls and restaurants in Sariyer.

2- Basaksehir:

Basaksehir is a developing district of Istanbul and is one of the most attractive places for real estate investment. The transportation network and social infrastructure are being developed day by day in Basaksehir. The Marmara Line, which will provide a direct connection between Europe and Asia, has been completed, and the Mew Airport in Istanbul is located near Basaksehir and is set to be the largest in the world when completed.

3 - Bahcesehir:

Some of the main advantages of investing in real estate in Bahcesehir, Istanbul include:
- Proximity to major highways and transportation hubs
- Growing population and economy
- Wide range of housing options
- Excellent education system.

4 - Maslak:

Advantages of buying real estate in Maslak Istanbul:
- The area is very central and well connected, making it easy to move around
- There is a wide range of property types and prices, so you can find what fits your budget
- The area is home to many international companies, so there is a universal feel
- There are many greenery and gardens making it a pleasant place to live.

How do you find apartments for sale in Istanbul?

Istanbul is a huge city, and it can be difficult to find the right neighborhood and apartment complex for your needs and budget. Here are some tips to help you:
-Know your budget: This is the first and most important step. You should have a good idea of how much you can spend on an apartment before you start your search. Otherwise you will waste a lot of time looking for places outside your price range.
-Decide what type of apartment you want: do you want a studio, a one-bedroom apartment or a two-bedroom apartment? Do you need a furnished or unfurnished one? How about amenities like a pool, gym, or concierge? Once you know what type of place you are looking for, it will be easier to narrow down your options to find the right one.
-Use the Internet to Find an Apartment: There are many websites and apps that can help you find apartments for sale in Istanbul (and other cities). These tools allow you to search by price, location, and number of bedrooms.

Reasons to buy a property in Istanbul:

There are a number of reasons that encourage the search for apartments and real estate for sale in Istanbul in particular, and not in other cities in Turkey, as follows:

-Transport lines and public transportation:

The city has developed rapidly in recent years, and this is reflected in its transportation infrastructure. Istanbul now has an extensive network of highways, bridges, tunnels and railways. The city also has two international airports, and the third is under construction. Istanbul's public transportation system includes buses, metr-obus, trains, trams, funiculars, ferries and taxis.

-A wide network of sophisticated restaurants:

The city has a variety of restaurants, from casual to fine dining. Here are some of the features of Istanbul restaurants that you should know before dining in the city:
*Istanbul restaurants are spread all over the city, but most of them are concentrated in the tourist areas. This area includes Sultanahmet, Beyoglu and Taksim Square.
*Istanbul restaurants serve a variety of cuisines, including Turkish, Mediterranean, Middle Eastern and European cuisines. You can find almost anything you are looking for in Istanbul, from kebabs to pizza to sushi.

-Modern markets and malls:

Istanbul's modern markets and malls are a great place to shop for everything from clothes to electronics. There is a variety of stores to choose from, and the prices are very reasonable.
Among the best places to go for shopping in Istanbul are:

-Istinye Park:

It is one of the largest and most famous shopping centers in Istanbul. It has more than 200 stores, including international brands such as H&M, Zara and Mango. There is also a food court with a variety of restaurants.

-Cevahir Mall:

Cevahir is the largest shopping mall in Europe, with more than 300 stores. It has a variety of shops, ranging from high-end brands to more affordable options. There are also many restaurants and cafes.

-Akmerkiz Mall:

This is another big shopping mall in Istanbul, with more than 150 stores. Akmerkez is known for its high-end boutiques, such as Louis Vuitton, Gucci and Dolce & Gabbana. There is also a large selection of restaurants, cafes and bars.
All of these elements that we mentioned above and that Istanbul owns are enough to make it a suitable environment for real estate investment and for housing and stability alike. In order to see the most important real estate offers available for sale in it, contact our consultant to provide you with a list of what suits you and your aspirations.