Want to buy cheap property for sale in Istanbul Turkey? You are at the right place!. Here we have prepared provided all information related to buying cheap property for sale in Istanbul. Keep on reading to know more…
Why should you invest in cheap property for sale in Istanbul Turkey?
- Cheap real estate in Turkey is nothing more than a profitable investment with a 10% more resale value. You can also rent your property to be sure of receiving rental yields as high as 8% per annum.
- Owning a cheap property in Istanbul allows you to witness the intricate works of architectural geniuses playing with landscape designs, decor, and so much more.
- Investing in cheap property for sale in Istanbul Turkey gives you enjoy the freedom to go on a brief holiday any time you want, without much to worry about.
- Owning cheap property in Turkey for over 5 years allows you to get Turkish citizenship-with tax advantages.
Places to buy the best cheap property for sale in Istanbul?
To locate cheap property for sale in Istanbul, investors should look for areas on the outskirts of the city.
- Bakirkoy- well-known for shops and restaurants
- Beyoglu- well-known for European architecture, immigrants, and embassies
- Kucukcekmece- famous for the abundance of space and opportunists.
- Sariyer- famous for its scenic beauty and holiday homes
- Besiktas- famous for skyscrapers and beautiful palaces.
- Kadikoy- famous for residential complexes.
- Fatih- famous for being one of the most important cultural and commercial points.
- Beylikduzu-famous for modernization of housing stock
- Atasehir- famous for office spaces and apartment buildings
- Kartal- famous for its convenient location.
Ways to buy best cheap property for sale near Istanbul Turkey
1. Through Emlak
- “Emlak’s” are real-estate agents in Istanbul that keep the real estate market pulsating. You can locate them throughout the city; with their street-front windows covered with pictures of different properties available
- Getting a property through Emlak is surely beneficial where you get to choose from various cheap properties available for sale. The downside of hiring an Emlak is- they are expensive and charge an extra commission for their services.
2. Directly from the owner
- This is probably one of the easiest and safest ways to get cheap property for sale in Istanbul Turkey. Some homeowners want to rent their properties to foreigners only as they know it is on rent and they will get their property back.
- This advantage of this process is- you get well-furnished flats with good amenities without paying any extra charges. The only downside of this process is the restricted number of options to choose from.
3. Through Agencies
- Once you book your apartment through agencies, they will take care of your needs in advance. Once you reach the airport, you will be taken directly to your rented property- without the need to worry much.
4. Renting a room/flatsharing
- If you are looking for budget-friendly options to get cheap properties for sale in Istanbul, there is no better option than this! Renting a room or sharing a flat is much cheaper and flexible.
Is there any advice for foreigners looking for cheap property for sale in Istanbul Turkey?
Anyone who is looking forward to buying cheap property in Istanbul, here are a few of the tips to bear in mind.
- Beware of fake agencies that promise you to get cheap property in Istanbul. Do your research and choose the best.
- You may face a language barrier, so be prepared to deal with the situation.
- Don’t just hop on any car sent by your agencies. Know them first!
- Make your safety and access to public transport your priority.
Final words
Buying cheap property for sale in Istanbul Turkey is a great way to dive into the investment market of Istanbul, Turkey. It has alot in store to offer it’s investors.
