Real estate investing is a successful investment that you can make. When it comes to buying a property abroad, it offers you advantages like a second citizenship. Among the many international locations, Istanbul is the best place to start your property search.

There are countless reasons for this, which we will explore in more detail in the article. Currently, note that it is a city with an excellent blend of cultural influences and a rich history. Moreover, investing in Istanbul real estate is more affordable than many other major cities in the region. Let’s discuss more.

Buying a property in Istanbul:

Istanbul offers a myriad of attractions for foreigners looking for real estate. It is a city where everything is easy to find: study options, shopping malls, fresh food and much more. It is also home to many expats which makes it easy to socialize and meet new friends. It is connected to the rest of the world thanks to its large airports so you can travel easily.

Why you buy a house in Istanbul:

Istanbul is the largest city in Turkey that is witnessing a rapid development in its real estate sector so far. With new land developments in the most desirable places, Istanbul attracts expats abroad to make real estate investments. Other than that, Istanbul location is best for expats as they can enjoy better quality of life with less spending. There are many other attractive reasons to buy a home in Istanbul.

• Profitable investment

If you have a long-term investment plan, you may get a good return on investment once you invest in Istanbul real estate. Thanks to the tourism and economic revolution in Istanbul, the demand for real estate in Turkey is constantly increasing.

• Acquisition of Turkish citizenship

This is one of the main incentives to invest in Istanbul real estate. If you buy a property in Turkey worth at least $250,000, you may be eligible to apply for Turkish citizenship. The citizenship by real estate investment program in Turkey was launched in 2016 and has attracted many expats from all over the world.

• Range of housing options

Istanbul is one of those locations in Turkey where you get a lot of options in terms of real estate. You can choose from built residences, apartments, townhouses, vacation homes, luxury villas and many more. All of these properties come at affordable prices, and you can even get stunning views and beautiful views all over your location.

What you should pay attention to when you buy apartments in Turkey:

Many international investors are now investing in Istanbul real estate. The main reasons are the reasonable prices and the ability to choose among different types of properties. However, if you have not been to Istanbul and know nothing about the market, here are some basic things to know.

do not hesitate to negotiate:

Negotiation is a part of the shopping experience in Turkey. This is no different when buying a home in the country. Before you start viewing the house, make sure you have a basic knowledge of prices so you can negotiate. It’s also a good idea to learn more about neighborhoods so you can compare and make realistic presentations.

Spend some time around:

When doing your research, take time to walk around the neighborhood: Are there parks nearby? Where is the nearest school? Is public transportation available? Are there cafes and restaurants nearby? This is an important but usually overlooked aspect of a home search.

Check the papers:

When you are looking for a home, you may find some homes cheaper compared to the rest of the neighborhood. This affordability may be due to a lack of paperwork, such as planning permission. This is why it is so important to conduct a thorough investigation and speak to professionals before allocating your money.

Talk to a real estate agent:

As we briefly emphasized, it is important to speak to a home buying professional. They can guide you through the process smoothly and will help you finalize the legal steps.

The most famous neighborhoods in Istanbul:

Many locations in Istanbul are perfect for all kinds of people, such as lovers of nightlife, shopping or family neighborhoods. Let’s take a look at them!

• BEBEK
• ETİLER
• CİHANGİR
• NİŞANTAŞI
• SARIYER

How long does it usually take to buy a house in Istanbul?

There are many steps involved in the process of buying property in Istanbul, such as searching for a property, finding an agent, negotiating the price, and much more. These steps take a lot of research and therefore more time.

The total process takes about two months. Most of this is spent on property searching.

Read more :