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Is Istanbul Good Place to Invest in Turkey?

26 September 2021
Is Istanbul Good Place to Invest in Turkey?

Investment popularity in Turkey is significantly rising every year and Istanbul is one of the most preferred locations in the country. If you are planning to invest in Turkey, you should consider both the European and the Asian sides of the city. Istanbul offers hundreds of options to those who would like to invest in the country. If you would like to learn more information about the city and the investment opportunities, we prepared an amazing guide for you! Let’s look at more details on why you should invest in Turkey, Istanbul right now!

Why Invest in Turkey, Istanbul?

If you are trying to find reasons to invest in Istanbul, you will be able to find many different advantages of investigating in Istanbul!

  • Istanbul has 2 different continents and you will be able to find properties that are appropriate for you. Both the European side and the Asian side of the city offer countless options to those who are planning to invest in Istanbul, Turkey.
  • Istanbul is one of the most preferred locations in the country by investigators because the worth of the properties is rising every year and investigators make a profit easily than other countries.
  • If you are planning to live in the city, you will be able to reach everything in every location. Hospitals, schools, business places, supermarkets, shopping malls, and various places are reachable and located in every district of the city.
  • Public transportation options make the city more valuable because wherever you are, you will be able to reach the place that you would like to go by public transportation.
  • Besides the reasons above, Istanbul is an extremely important city for history. Many different historical places are located in the both European side and the Asian side of the city and Istanbul takes the attraction of millions of tourists every year.
  • Also, Istanbul has a stunning atmosphere and natural beauties at the same time. The Bosphorus is one of the most known symbols of the city.
  • While you will be able to find luxury flats, houses, villas, mansions, and family houses in the city, you will also be able to find more budget properties and real estate in Istanbul as well.
  • If you would like to buy a property or real estate and start to live in the city, you will never have a problem finding a job because the job options are workplaces are extremely diverse in Istanbul.

Can Foreigners Buy a Property in Istanbul?

Can Foreigners Buy a Property in Istanbul?

Yes. If you would like to buy a property or real estate in Istanbul, you do not need to be a citizen of Turkey but if you like you will be able to apply for Turkish citizenship if the property that you are going to purchase will be a minimum $250.000. Citizens of the United Kingdom, EU countries, and the countries which are located in the European continent, the United States of America, countries in Asia, and Africa will be able to buy a property of the real estate in Turkey. Citizens of almost all countries in the world can buy property in the country but the facts remain that there are some restrictions for some of the countries and their citizens.

Citizens of Armenia, Syria, North Korea, Nigeria, and Cuba will not be able to buy property in Turkey.

Citizens of Israel, Jordan, Fiji, and East Timor will not be able to buy a property in Turkey but will be able t buy real estate in the country.

Citizens of Russia and Ukraine will not be able to buy property on the coastline of the Black Sea and area.

Citizens of Greece will not be able to buy a property or real estate on the coastline of the Black Sea and some of the cities and districts of the Aegean Coast.

Most Preferred Places to Invest in Istanbul, Turkey

While every district of Istanbul takes the attraction of investigators, there are some places that are more preferred in the city. You can see some of the most preferred places to invest in Istanbul, Turkey below.

Most Preferred Places to Invest in Turkey Istanbul,

 

  • Basaksehir
  • Fatih
  • Beylikduzu
  • Kadikoy
  • Basinkent
  • Taksim
  • Mecidiyekoy
  • Maslak
  • Kagithane
  • Levent
  • Asian side of the city
  • Districts around the Bosphorus for the luxury options
  • Kucukcekmece and Silivri for more budget options

 

 

We are ready to help and guide you! If you need more information about investment in Turkey or Turkish citizenship, you can directly contact us on our number +90 549 870 38 38 and send a message on WhatsApp.

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