|Thursday, January 12, 2023
Istanbul real estate is characterized by its wide diversity in many respects, where you can find the central areas with
What you do not know about Istanbul real estate:
Istanbul real estate is characterized by its wide diversity in several respects, where you can find central areas at high prices, and other residential areas with cheap and competitive real estate.
Turkey in general attracts Arab and foreign investors to search for apartments for sale in Turkey , and investors want to buy real estate in Istanbul in particular, as it is the economic and tourist capital of Turkey.
Istanbul has attracted the attention of foreign and local investors due to its important strategic location and being the economic capital of Turkey . In addition to its large population, which provides a wide range of consumers and labor force at the same time. Infrastructure projects carried out by the Turkish government in Istanbul also greatly affect the real estate market , such as Istanbul's third airport and the new Istanbul Canal.
When thinking of buying real estate in Turkey for investment, it is necessary to determine the investment destination and choose the best area to ensure a successful and safe investment. Before that, the investor interested in buying apartments in Istanbul must know the areas and real estate prices in them.
The real estate market in Istanbul is divided into three sections:
High value real estate:
These properties are located in the central areas of the city and are often characterized by a view of the Bosphorus Strait , and their high prices lie in the fact that they are areas where archaeological and tourist sites are located, in addition to being a commercial center in Istanbul. For example, the region (Sişli, Uskudar)
Medium value real estate:
You can find these properties in vital and upscale places, but they are farther from the center and closer to Ataturk Airport and Istanbul Airport. Such as (Kuchukcekmece, Basaksehir, Atakoy)
Cheap value real estate:
You can find cheap apartments for sale in Istanbul in the new and developing areas, where all service facilities are available and are characterized by new buildings such as (Esenyurt, Beylikduzu, Bahcesehir)
When you buy an apartment in Istanbul , you must determine the budget available for purchase, and if your budget qualifies you to buy cheap apartments in Istanbul , do not consider that your choice is wrong, because Istanbul real estate prices are always on the rise, so wherever you choose your apartment according to your budget, your choice will be right.
Real estate investment and the exchange rate of the Turkish lira:
The percentage of real estate purchases in Turkey increased more with the decline in the exchange rate of the Turkish lira against the dollar, which made Istanbul real estate a source of attraction and interest for many Arab investors looking for apartments for sale in Turkey and apartments for sale in Istanbul. They can buy a property in Turkey today at a lower price compared to Real estate prices in Istanbul before the decline in the exchange rate of the lira, and it is worth mentioning that the buying and selling transactions are done in Turkish lira, and the construction companies display the price list in Turkish lira as well . And above.
On the other hand, the decline of the Turkish lira has made Turkey an attractive center for investors wishing to buy apartments in Turkey, and this year in Europe has become (the year of Turkey) for everyone who wants to invest in the Turkish real estate market .
With the desire of Europeans to buy apartments in Istanbul , Arab investors flocked to search for houses for sale in Turkey and focused their search for villas for sale in Istanbul with sea views. Turkish construction companies also provided the best hotel apartments in Istanbul , which is considered one of the most prominent types of real estate investment as it provides a high profit return.
The most prominent types of real estate investment in Istanbul :
There are many real estate investment options in Istanbul, and the area that you must choose varies according to the desired investment type, such as:
- Buying real estate in Istanbul within projects under construction in vital areas, then selling them after the completion of the project. The most attractive thing for the Arab investor now is the search for apartments for sale in Turkey that are under construction. (Sarayer district, Buyukcekmece, Bahcesehir)
- Buying apartments in Istanbul within high-end residential complexes, ready to move in, and renting them out with a high profit return. These areas must have all services such as transportation, universities, schools and shopping centers such as Beylikduzu , Avcilar, Kucukcekmece.
FCC Real Estate Investment Group in Turkey offers you the best real estate opportunities in Istanbul for housing and investment. And because we at FCC care about the smallest details and accompany you on your way to owning apartments in Turkey from the first step, we offer free real estate advice and accompany you on a field tour in which we visit Istanbul complexes and help you choose the right property for your budget and request. We also carry out all legal procedures until you receive the title deed "Tapu".
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