Property in Istanbul and its purchase and sale has recently become very attractive among investors due to the rapid development of prices.
Istanbul is one of the largest and most populated cities in Turkey, which is visited by millions of people from all over the world every year.
Due to its rich history and culture, numerous tourist attractions and its strategic location, this city is one of the most popular destinations for real estate investment.
There are many reasons why people buy property in Istanbul. Some of these reasons are:
Affordable property prices in Istanbul:
Real estate prices in Istanbul are much lower than in major European and American cities, making it an attractive option for investors with limited budgets.
The real estate market in Istanbul is booming now and will continue to do so in the future.
This makes real estate in Istanbul a safe investment.
Strategic location:
Istanbul is an international city located in the heart of Europe and Asia.
This city is connected to the rest of the world through the Atatürk International Airport and to the Black Sea and the Mediterranean through a strait.
This makes Istanbul an important commercial center.
Numerous tourist attractions:
The city of Istanbul has many tourist attractions, including Hagia Sophia Mosque, Topkapi Palace and Grand Bazaar.
These attractions make Istanbul a great place to live, work and invest.
Property buying guide in Istanbul:
If you intend to buy a property in Istanbul, you must go through the following steps:
- Find a reliable real estate agent: A real estate agent can help you find the right property and negotiate the price.
- Get the property document: After paying for the property, the appointment will be made at the registry office (Tapu) and the property deed will be issued in your name.
- Visit the property: Before buying the property, be sure to visit it closely and make sure of its conditions.
- Sign the purchase agreement: The purchase contract must be in Turkish and must be reviewed by a lawyer.
- Pay for the property: The payment for the property should be made through the bank and you must get a certificate of currency conversion, i.e. Alim Belgassi currency.
Before buying a property, do a thorough research on the current trends and prices of the real estate market in Istanbul.
Get to know the different environments of Istanbul and the growth potential and investment returns in different areas.
Choosing a reputable and experienced real estate agent who specializes in Istanbul properties is highly recommended.
A reliable real estate agent can help you choose the right property.
Important points when buying a property in Istanbul
When buying a property in Istanbul, you should keep the following points in mind:
- Property location: The location of the property is one of the most important factors to consider. The property must be in a safe area with proper access to public facilities.
- Property conditions: Before buying a property, be sure to check its conditions. The property must be in good condition and must not have any structural problems.
- Property size: The size of the property should be suitable for your needs. If you plan to live in the property, you should choose a property that has enough space for your family. If you are planning to buy a property for investment, you should choose a property that can be rented.
- Property price: The price of the property should fit your budget. When buying a property, be sure to keep your budget in mind and choose a property that is not too expensive.
- Construction permit: If you are planning to buy a property that is under construction, be sure to check its construction permit. Make sure that the property has a building permit and that the construction is done according to the rules and regulations.
Home buying sites in Türkiye
First, search the names of various sites related to buying a house in Turkey and read other people’s opinions and experiences. This way you can get more information about their credit.
It is very important to be official with the company before any interaction with it.
Ensuring that the company hasFull and official licenses is, can save you from dangers It protects against the possibility of fraud or deception in real estate transactions.
- investment
- Buy property
- Obtaining tourist accommodation
- Obtain Turkish citizenship and passport
- Company registration and work permit.
Why invest by buying property in Istanbul?
Buying a property in Istanbul can be a great investment. As one of the largest cities in Turkey and with a high population, Istanbul is an important financial and commercial center.
Due to the tourist attractions, business opportunities and economic growth potential, buying a property in this city seems attractive as a long-term investment.
As one of the main economic centers of Turkey, Istanbul provides many entrepreneurial and investment opportunities.
Over the years, Istanbul has seen urban growth and the development of various infrastructures, which can increase the value of properties in the future.
Istanbul is one of the world’s most popular tourist destinations, and this makes properties available as vacation rentals or rentals to tourists.
Due to economic growth and attracting tourists, there is a possibility of having good capital return over time in this city.
In general, although buying a property in Istanbul can be considered as a great investment, you still need to do detailed research, legal and financial advice, and check the condition of the property and the Istanbul real estate market.
Also, especially if you are not present in Turkey yourself, it is better to cooperate with reliable and expert representatives in this field in order to make the property purchase process safe and successful.
