Istanbul is among the most desirable cities to invest in regardless of whether you’re looking at vacation homes, citizenship or even rental investment. If you are interested in purchasing or investing in a home in Istanbul and you are thinking about where to invest or which areas to invest in, you will find answers to your queries by reading this report.
Introduction of the Areas
With Turkey and, in particular Istanbul, continually growing and evolving with new developments, the top real estate investment areas are growing. It is common to ask questions about the best places to invest in a property. Every investment area has different strengths and profit opportunities. To better understand the area, you can find the most sought-after areas in Istanbul below.
Basaksehir – Bahcesehir
Basaksehir situated at the European side of Istanbul is now one of the most attractive locations to purchase real estate, both for foreign and local investors. Modern buildings are built to the highest standards of comfort and the healthcare, social, and educational facilities that distinguish this investment area. In addition, it is located close to the Istanbul Airport. With the large housing estates with recreation areas, Basaksehir-Bahcesehir is one of the best places to buy property in Istanbul.
Basinexpress
The Basinexpress area, which connects E-5 to TEM Highway, is usually suitable for the buy-and-rent investment model , as opposed to family homes. Basinexpress is renowned for its investment projects, such as apartments with hotel-style layouts. Being near major shopping centers like the Mall of Istanbul, hospitals and universities makes the location of the area crucial. Also, because the Basinexpress is very close to Basaksehir – Bahcesehir location, it makes the location more attractive.
Beylikduzu
Beylikduzu, located to the European side of Istanbul is among the most beautiful districts of Istanbul’s outskirts, with lush green spaces and broad streets. Since there is a gap of a few kilometers between Beylikduzu with Istanbul city center, Beylikduzu is the district with low-cost projects in Istanbul. Additionally, Beylikduzu is getting popular daily and has been one of the top areas for investors. It is expected an increase in the value of real estate with the completion of the metro lines. Click here for info on house for sale in Istanbul.
Zeytinburnu – Coastal Line
This area has luxurious projects with a sea view and suitable for a luxurious lifestyle instead of investment. Zeytinburnu (Zeytinburnu) – Coastal Line is one of the most expensive and prestigious areas in Istanbul. Because of its favorable location, it is one of the most sought-after places of foreign investment.
Taksim – Mecidiyekoy
Taksim Mecidiyekoy in the oldest district, is home to the most expensive developments. The district is home to hotels and luxury residences. Taksim Mecidiyekoy Mecidiyekoy is just a few minutes from the elite neighborhoods, like Nisantasi and Etiler. Since this neighborhood is in a very central location it is easily accessible from every area.
Maslak Maslak Levent – Kagithane
Maslak is located at the European side of Istanbul is the heart for investment and is among the largest areas of development for property in Istanbul. Since it is one of the commercial hubs of Istanbul There are a lot of luxury residences as well as skyscrapers. Kagithane district has also gained popularity in recent years due to its close proximity close to Maslak as well as Levent. Maslak is the most famous for its residential areas as well as shopping centers.
Asian Side
Istanbul’s Asian side has less foreigner number than European part, while the Turkish people favor to live on the Asian side. Due to the development of new projects, real estate prices increasing dramatically in recent times.
In the beginning, you need to determine what you intend to do with an apartment? Does it have to be for living or investment purposes? Then you’ll be able to determine which are the best places to purchase a property in Istanbul. Each investment area has its own opportunities, and the prices differ by district. Because Istanbul is the major economic commercial, cultural, and political centre of Turkey, there is a rising interest in the country’s real estate investment, whether it’s for acquiring Turkish Citizenship by investing in property or profitably investment purposes. If you’re planning to purchase property for living purposes You can look for districts on the European side, including Beyoglu, Sisli, Bakirkoy, Beylikduzu, Sariyer, and Fatih. In terms of the Asian aspect, most suitable regions to live are Uskudar, Suadiye, Maltepe, and Atasehir. If you’re seeking to buy a home to invest in the best place to invest in the European side are Taksim, Besiktas, Basaksehir, Beylikduzu, Basinekspress, and Maslak. On areas on the Asian aspect, Kartal, Pendik, Cekmekoy, Atasehir, and Uskudar could be among the top regions to invest in.
Benefits of Property Investment in Turkey. Benefits of Property Investment in Turkey
Turkey has experienced significant growth thanks to its mega-projects and development investments in the past decade. Turkey has attracted the attention of many international investors with these developments. In addition, the property sector is among the most lucrative investment areas in Turkey. There are numerous benefits to owning real estate, and investing in the real estate sector is always a lucrative option in Turkey. To summarize the benefits of investing in property in Turkey;
Through the investment incentives that the government provides the government, it offers great advantages to foreign investors.
Investors can be granted Turkish citizenship when they earn at least 250K USD in property investment.
The owners have the option to sell their property after three years and earn high profits.
Quality, affordable and affordable lifestyle
The real estate market benefits from the fast-growing economy.
If you’re looking to invest in Turkey and would like to know what you can do to invest in Istanbul get in touch with our team.
