Istanbul is among the most desirable places to make investments, whether you’re looking for vacation homes, citizenship or even rental investment. If you’re interested in purchasing or investing in a home in Istanbul and are wondering where to invest or which areas to invest in, you will get the answers to your questions within this post.
Introduction to the Subjects
With Turkey particularly Istanbul expanding and evolving with new developments, the top real estate investment areas are growing. It is not uncommon to inquire regarding the most suitable areas to invest in property. Each investment zone has its own strengths and opportunities for profit. To better understand the area it is possible to find the most sought-after areas in Istanbul below.
Basaksehir – Bahcesehir
Basaksehir situated in the European side of Istanbul is now one of the most desirable locations to purchase real estate, both for foreign and local investors. Modern structures have the best quality of living and health, social, cultural and educational facilities are prominent in this investment zone. Additionally, this investment zone is located close to Istanbul Airport. Istanbul Airport. With the large housing estates with recreation areas, Basaksehir-Bahcesehir is one of the best places to buy property in Istanbul.
Basinexpress
The Basinexpress region, which connects E-5 as well as TEM Highway, is usually ideal for the buy-and-rent investment model , rather than family homes. Basinexpress is renowned for its investment opportunities including apartments that have a hotels as their layout. Being near major shopping centers like The Mall of Istanbul, hospitals and universities makes the location of the area crucial. Additionally, since the Basinexpress is located close to the Basaksehir Bahcesehir Bahcesehir location, it makes the area more appealing.
Beylikduzu
Beylikduzu is situated in the European side of Istanbul is among the most beautiful districts of Istanbul’s outskirts, with lush green spaces and broad streets. Since there is a gap from Beylikduzu as well as Istanbul central city, the Beylikduzu is the district with low-cost projects in Istanbul. Additionally, Beylikduzu is getting popular every day and is now one of the top locations for investors. There is a potential for an rise in the prices of Istanbul real estate due to the completion of the metro lines.
Zeytinburnu – Coastal Line
The area is home to luxurious developments with sea views and ideal for those seeking a luxurious lifestyle instead of investment. Zeytinburnu is a part of the Coastal Line is one of the most expensive and prestigious areas in Istanbul. Because of its favorable location, it is one of the most sought-after locations to invest foreign capital.
Taksim – Mecidiyekoy
Taksim Mecidiyekoy, which is in the oldest district, is home to the most expensive developments. The area is home to hotel-themed luxurious residences. Taksim Mecidiyekoy Mecidiyekoy is just a few minutes from the upscale communities, including Nisantasi as well as Etiler. Since this neighborhood is in a central area it is easily accessible from everywhere.
Maslak Maslak Levent – Kagithane
Maslak situated in the European side of Istanbul is the heart of investment and is one of the largest areas of development for property in Istanbul. As one of the major commercial centers of Istanbul There are a lot of high-end residences and towers. Kagithane district also has been gaining popularity lately due to its proximity with Maslak as well as Levent. Maslak is most well-known for its housing complexes as well as shopping centers.
Asian Side
Istanbul’s Asian side is home to a smaller inhabitants than its European part, while the Turkish residents favor to live on the Asian side. Because of the new developments the real estate market has risen quickly in recent years.
First, you must decide the reason you are looking to purchase an investment property? Are you buying it for living or for investment? You can then decide which are the most suitable areas to buy a house in Istanbul. Each investment area has its own possibilities, and prices will vary by neighborhood. Because Istanbul is the main economic commercial, cultural, and political central point of Turkey There is a growing demand for Turkey’s real estate investment, whether it’s for acquiring Turkish Citizenship through property investments or for investments. If you are looking to purchase properties for your own living You can look for areas located on the European side, like Beyoglu, Sisli, Bakirkoy, Beylikduzu, Sariyer, and Fatih. For those on the Asian part, most desirable places to live include Uskudar, Suadiye, Maltepe, and Atasehir. If you’re looking to purchase a property to invest in The best places to invest in on the European side are Taksim, Besiktas, Basaksehir, Beylikduzu, Basinekspress, and Maslak. For those on the Asian part, Kartal, Pendik, Cekmekoy, Atasehir, and Uskudar are among the most desirable regions to invest in.
Benefits of Property Investment in Turkey. Benefits of Property Investment in Turkey
Turkey has seen a significant increase in its development projects and mega-projects in the past decade. Turkey has attracted the attention of numerous investors from around the world with these advancements. Additionally, the real estate sector is among the most lucrative investment areas in Turkey. There are numerous advantages to investing in property, as well as investing into the real estate industry is always a good investment in Turkey. To summarize the advantages of investing in property in Turkey;
Due to the incentives for investment offered by the government this program offers great benefits for foreign investors.
Investors can be granted Turkish citizenship if they invest at least 250K USD in property investments.
Investors have the option to sell the property again after three years, with high-return profits.
High-quality, affordable lifestyle
The real estate market gains from the rapid growth of the economy.
If you’re looking to invest in Turkey and would like to know the reasons to invest in Istanbul contact our team.
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