Real estate Turkey Istanbul- Buy your property now

08.08.2020

Why should you invest in Real estate Turkey Istanbul?

  • Owning a property in Istanbul allows you to witness the intricate works of architectural geniuses playing with landscapes designs, decor, and so much more.
  • Real Estate in Turkey is nothing more than a profitable investment with a 10% more resale value. You can also rent your property receiving rental yields as high as 8% per annum.
  • Owning a property in Turkey for over 5 years allows you to get Turkish citizenship-with tax advantages.
  • Owning a property in Turkey brings you the freedom to go on brief holidays any time you want. 

Points to know before investing in the best real estate Turkey Istanbul

  • Know your market

Before buying real estate Istanbul you must know the market well. You need to ascertain where you are planning to buy your property.

If you are preparing to buy properties in established investment areas, then look for places like

  • Bomoti
  • Beyoglu
  • Caddebostan
  • Bahcesehlr
  • Besiktas

If you are preparing to buy properties in up and coming areas, then look for places like

  • Beylikduzu
  • Kaglthane
  • Fikirtepe
  • Discover your investment options

The next point to consider is the type of real estate you are looking for.

  • High-end luxury projects

If you want high returns on your property, then you should invest in high-end projects.

For looking at high-end options you should have a minimum budget of $1 million, to start with. 

  • Mediocre luxury projects

If you have a good-but-not-great budget, then look for properties with mid-range luxuries. The minimum investment starts from $40000 and goes as high as $ 1million. These properties provide good returns. 

  • City suburbs commuter property

If you are looking for projects with safe investment but favorable returns, then go for

City suburbs commuter properties. For this, you should have a minimum budget of $100000 to $400000

  • Outer city commuter property 

If you have a low budget, worry not! Look for properties on the city’s outskirts. These places are growing too fast; though you need to have an open mind towards returns which are not that great. For buying a property on the outskirts, your budget should be between $ 50,000 to $100000.

Final Words

Real estate Turkey Istanbul is one of the best investment decisions one can make. Though it can be challenging at times with proper knowledge and guidance, you can easily get it done. The rate of real estate investment in Turkey is increasing by leaps and bounds and it has become a haven for foreigners from the middle east, Asia, and European countries.

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