In Iran’s unstable economic conditions, many individuals are considering migration and investing abroad. However, some take this step without a well-thought-out plan, relying solely on their passport and the ability to leave the country. One of the most crucial factors to consider before migration is learning the language of the destination country. Language is not just a tool for communication—it enables you to manage your limited capital wisely and seize the right opportunities. Many individuals have secured suitable jobs and made the most of their minimal investments by mastering the local language.

Buying Property in Istanbul, Turkey

One of the most popular investment options abroad is purchasing property in Istanbul, Turkey. As one of Turkey’s key economic and tourism hubs, Istanbul presents an excellent opportunity for those looking to generate stable income and grow their capital. With its thriving real estate market, this city offers a promising long-term investment option. Mastering the Turkish language can help you navigate the property-buying process, understand contracts, and effectively communicate with local authorities to take full advantage of the opportunities available.

Moreover, purchasing property in Istanbul can serve as a step toward financial security and residency in Turkey. However, without thorough market research, legal due diligence, and choosing the right neighborhood, this decision may turn into an expensive and stressful mistake.

Residency in Turkey Through Buying Property in Istanbul

Many individuals who have purchased property in Istanbul over the past three years have not only benefited from property value appreciation but also gained currency profits by converting their investments into Turkish Lira or US Dollars. Conversely, those who bought properties in less desirable areas without proper market knowledge have not seen significant returns. This highlights the importance of carefully selecting locations and properties with high investment potential.

While the real estate market in Iran is stagnant, Istanbul’s property market continues to show growth potential. If you are considering buying a house in Istanbul through online platforms or researching property prices in Turkey, comparing listings on reputable real estate websites can provide better insights. Additionally, some real estate agencies offer property catalogs to help potential buyers make informed decisions.

Inflation: Comparing Iran and Turkey

Inflation exists worldwide, but a key difference between Iran and Turkey is that in Turkey, wages generally increase in proportion to inflation. In contrast, in Iran, salary adjustments do not always align with inflation, leading to a decline in purchasing power. If you plan to migrate to Turkey, it is crucial to secure a steady income in Turkish Lira. Otherwise, relying solely on limited capital will quickly deplete your resources, potentially forcing you to return.

Due to Turkey’s economic policies, inflation is often counterbalanced by wage increases. When prices rise, the Turkish government attempts to adjust salaries accordingly to maintain the population’s standard of living. However, in Iran, this balance is often absent, contributing to reduced purchasing power for citizens.

Working in Turkey: A Realistic Goal or a Misconception?

Many people believe they can find jobs in Turkey with a minimum salary of 35,000 TL, which, at the current exchange rate, is approximately 90 million Iranian Tomans. However, the reality is that living expenses in Turkey have also risen significantly. For example, the monthly rent for a standard one-bedroom apartment in Istanbul starts at 30,000 TL, meaning a large portion of one’s salary would go toward rent alone. This underscores the necessity of securing a stable and sufficient income for a sustainable life in Turkey.

Those planning to work in Turkey should research job opportunities before migrating. Many positions require proficiency in the Turkish language, making it challenging to find a suitable job without language skills.

How to Avoid Investment Traps in Turkey

Buying property in Istanbul can open the door to a secure future and residency, but without understanding the market, conducting thorough legal checks, and selecting the right neighborhood, it can become a costly and stressful decision.

Many investors who purchased properties in Istanbul over the past three years have seen significant returns due to rising real estate prices and currency appreciation. However, those who invested in low-value properties without proper research have not experienced the same level of profit. This emphasizes the importance of selecting properties in prime locations with strong investment potential.

For those looking for houses in Istanbul through platforms like “Divar” or researching property prices in Turkey, comparing listings on reputable real estate websites can provide valuable market insights. Additionally, some real estate agencies offer property catalogs to help potential buyers make informed decisions.

Individuals who enter Istanbul’s real estate market with clear objectives and thorough planning can avoid investment traps. Consulting reputable experts and carefully evaluating available options can help minimize potential risks. If you are serious about migration and investment, seeking professional advice is essential for making the right investment decisions.

It is also crucial to verify the legal status of a property before purchasing. Some buyers unknowingly purchase properties with legal complications, only to later realize they cannot obtain official ownership documents. These issues often arise when dealing with untrustworthy real estate agents.

Buying a House in Istanbul with a 5-Year Installment Plan: A Good Option?

One common method for purchasing property in Turkey is through a 5-year installment plan. Many new residential projects in Istanbul allow buyers to acquire property without paying the full amount upfront, spreading payments over five years instead. While this is an attractive option for those with limited budgets, it is essential to thoroughly review the payment terms and interest rates before committing.

Additionally, browsing photos and property prices on reliable real estate websites can help buyers better understand Istanbul’s real estate market. Viewing images of properties in Istanbul provides insights into the quality and types of homes available.

Conclusion

Migration and purchasing property in Istanbul can be a golden opportunity—but only if done with knowledge and careful planning. Investing without proper market research and expert consultation can lead to financial pitfalls. The 4kGroup consultants are dedicated to providing accurate and reliable information to help you make informed decisions.

If you are looking for a secure real estate investment in Turkey, now is the time to take action!