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Know in Details about Istanbul Real Estate Market

3 February 2021
Know in Details about Istanbul Real Estate Market

If you look at the Istanbul property market for Turkish citizenship, you are on the right track. The city, Turkey's largest and most prominent business, education, tourism, health, and economic center, is often the first choice for those who want to get into citizenship through an investment program , they prefer to buy or invest on at reasonable price to buy atleast a Second hand property in Istanbul.

Housing investors are flocking around the world to buy property, often opting for off-plan and new developments to harness the power of affordability. The city's housing market is a global hub, and the eyes of the world are on to see how it works in the next decade. Indeed, not even a major epidemic could strike.

  • About Istanbul Real Estate Market

Istanbul has been a world power for centuries, and this trend continues to this day. Sales and inquiries have declined in early 2020, as the COVID virus is spreading worldwide. However, as the Turkish government reopens its economy, they are reappearing.

While institutions such as Fatih and Beyoglu will remain prominent for their location, many investors are looking to emerging areas of Basin Express Road, such as Kucukcekmece, Bahcesehir, and Basaksehir. Their reason is simple. The regions outside Europe are focused on major developments including the new Istanbul airport and highway, as well as the planned Istanbul canal and some are focuses to buy Second hand property in Istanbul.

Investors looking for a long-term and long-term project with great value for money have the perfect playground to add to their portfolio. Many are interested in areas and also looking to buy Second hand property in Istanbul that allows them to qualify for citizenship.

  • Turkish citizenship through the Investment Program

Turkish citizenship through the investment program was born in 2016 but did not start well. The low entry level of 1 million USD is close to investors who can get cheap passports elsewhere. Come 2018, the government has reduced this entry rate to $ 250,000 and people are flocking from around the world. All that is required is that the applicants retain their property that people prefer to buy at least a Second hand property in Istanbul, which costs this amount, for three years.

The average installation time is 3 to 4 months, and it is one of the quickest and easiest procedures, compared to countries like Spain and Portugal. In 2019 alone, we assisted 168 clients with their citizenship investment application applications which prove to be successful with those real estate investors seeking residency or would like to invest on an affordable Second hand property in Istanbul and work rights in Turkey as does Turkey. (More on how to apply for Turkish citizenship)

  • Istanbul National Property

Anyone with $ 250,000 who wants to get into the citizenship investment program will be amazed at the wide range of options. Many investors are choosing Second hand property in Istanbul as the first choice and new houses to build in larger living rooms that include public spaces such as a swimming pool, planned gardens, gyms, saunas, and much more as a second choice. The following are complete examples.

 Zeytinburnu Apartments

The seafront is overlooking the sea in Zeytinburnu and is located near the central region of Fatih which is the tourist capital of Istanbul. Other features of good transport connectivity include the E-5 highway, the Metrosus, Metro and Tramline lanes, docks, Eurasia Tunnel, and Marmaray Line.

Its coastline offers a spectacular view of the Marmara Sea, while its central location makes it a potential rental place. 1 to 6 room apartments and villas are available, but another reason that influences investors is interest-free payment plans.

Beyoglu Houses

Beyoglu is what many call a new part of the city. The famous Taxim Square home and Istiklal Avenue is a center of tourism, arts, culture, food, shopping, and nightlife, which is why investor investment rates have skyrocketed. The development of two to four bedrooms, five-star apartments, resides in the Piyalepasa area.

Residential amenities include a warm indoor swimming pool, children’s play area, fitness center, Turkish bath and sauna, basketball court, service facilities, valet parking, games, and cinema room, and 24-hour reception.

Boutique buildings in Beyoglu

This upgrade provides one-bedroom apartments with 3-bedroom apartments and duplicates at large prices for this central area. Alternatively, buyers simply place a 35% deposit and pay another over three years with a 0% interest rate. What makes this development stand out, however, is the unique style of exterior beehives. And by installing suitable kitchens and toilets, residents will be able to enter the reception area.

If you want to know more about the Istanbul stock market and Turkish citizenship through an investment program, contact us today. As an established real estate agent, with offices throughout Turkey, we have helped thousands of buyers become proud Turkish homeowners. We were also featured in a TRT World video about investing in Istanbul.

How to Buy Property in Istanbul: This article discusses the process of buying apartments and houses in a major city in Turkey. Including tips and tricks for finding your dream home, it is the first practical guide for first-time buyers in Turkey. If you are looking to buy homes for sale in Istanbul, here are a few tips you can use to make the cycle straight. Therefore, you can find a suitable home.

Do research:

Before choosing any area as the ideal destination, you should take the opportunity to explore the area. You need to make sure it fits inside your lifestyle and that you will be happy there. It's a great way to look at local things to make sure you have everything you need. You should search for a specific location to find the one you like best from then on. You may need to talk to a few people who live there to find out what they like about the place.

Think about your Drive time:

Before choosing the right location, you should consider how long it will take to drive your car. This depends on where your office is, if any, and how long you will be working. Your drive is an important part of your day, so it's important to keep this in mind when choosing the right location. Fortunately, Summerlin is not a long way from many important places, including Southwest bodrum and bursa.

See some houses:

You may not choose the first home you visit. You can enjoy it a lot, though right now, you should take the opportunity to look at different houses to find the one that suits you. The first thing you travel is not ideally perfect; However, if you say that after seeing some houses, at that point, you may be willing to make a proposal and think it is the right house for you. There are many types of homes in LA, so you should take the opportunity to see several or two.

Conclusion:

There is so much fun in this place, and it is close to good schools, safe places, lots of work openings, and the highest party and entertainment you can understand. Take your time to find the right home for these tips, and you will be happy in area for a long time to come. For help finding the right home, be sure to contact your Real Estate neighbours.

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