Properties for sale in Istanbul – Is buying a property in Istanbul a good idea?
Istanbul is one of the most important cities in Turkey. Moreover, Istanbul is a favorite destination for thousands of tourists and investors from all over the world. Foreign and Arab Investors are interested in the properties for sale in Istanbul. Many of them ask if it is a good idea to buy a property in Istanbul for investment.
Therefore, in this article from Ebla Real Estate, we will provide a guide on investing in properties for sale in Istanbul.
Buying properties for sale in Istanbul:
Foreigners can buy real estate in Istanbul for any purpose, whether for living or investing.
Turkish law allows foreigners to own real estate in Turkey, with the exception of citizens of 4 countries, Syria, Cuba, North Korea, and Armenia, in accordance with the law of reciprocity.
Istanbul tops the list of the best-selling real estate in Turkey for foreigners, according to the data of the Turkish Statistics Authority, as buying properties for sale in Istanbul is a successful investment project.
Factors that encourage investors to buy a property in Istanbul:
- Istanbul is one of Turkey’s largest and most important cities.
- Furthermore, Istanbul is Turkey’s cultural, historical and economic hub.
- Istanbul’s vital and strategic location.
- Istanbul’s developed infrastructure and integrated services.
- Its cultural value, and its tourism and investment importance.
- Moreover, Istanbul has many options of real estate with developed services and charming views.
- Istanbul city includes many urban expansion projects built to excellent standards.
- Istanbul also includes contemporary projects with the latest equipment and the best services.
Advantages of buying properties for sale in Istanbul:
- The real estate market in Istanbul is one of the best real estate markets in Turkey.
- Investing in the real estate market in Istanbul generates a high return.
- Property prices in Istanbul are affordable compared to European countries.
- Moreover, prices of properties in Istanbul are constantly rising.
- Istanbul is characterized by modern means of transportation, international universities, and ancient tourist attractions.
- Furthermore, Istanbul has a low crime rate, making it a safe destination for buying properties.
- Obtaining a real estate residence by buying a property in Istanbul worth 75,000 $.
- Obtaining Turkish nationality by buying a property in Istanbul worth 400,000 $.
- The possibility of obtaining a strong Turkish passport internationally, after obtaining Turkish nationality.
Factors affecting real estate prices in Istanbul:
The real estate market in Istanbul offers various options of real estate. However, prices of properties in Istanbul differ from one region to another according to many factors, including:
- Location of the property in Istanbul.
- The construction lifespan of the property.
- Interior decorations and exterior finishes.
- Social and service facilities of the complex.
- View of the property.
Ebla real estate services for buying properties for in Istanbul:
- Ebla Real Estate provides free real estate consultancy to all clients in Istanbul.
- Moreover, we provide free real estate tours in Istanbul.
- Furthermore, Ebla offers exceptional apartments for sale in the best areas of Istanbul.
- Additionally, Ebla Real Estate provides under-construction apartments and ready-to-move-in apartments for sale in cash and in installments, at reasonable prices in Istanbul.
- In addition, we offer houses with full range of facilities with charming views
Edited by: Ebla Group Real Estate
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