Where to Buy Property in Istanbul
The development of new projects has also increased the interest in real estate investment in Istanbul. However, choosing the right place for investment is a very significant factor. Population opportunities and surrounding social activities should be considered to buy property in Istanbul. In this case, a more profitable investment can be made.
Property Prices in Istanbul by Region
Especially in the last decade, property prices in Istanbul have changed in a more suitable range compared to other countries. Experts emphasize that the price of the property to be invested in is substantial. However, the short-term growth and development potential of the region where the property is purchased should also be taken into consideration.
Best Locations for Real Estate in Istanbul
Istanbul is a very large city with a population of 15 million. For this reason, there are many regions for property investment due to both population crowd and wide opportunities. These regions are.
It is located on the European side of Istanbul. Some of Istanbul’s best universities and hospitals are in this region.
It contains villas and apartment projects built in a modern style. It is one of the most preferred regions of Istanbul in terms of quality of life.
It is located on the European side of Istanbul. There are both modern and historical buildings. It is also within walking distance to Taksim and Beyoglu.
It is a very profitable area due to new modern apartment projects. It has very good transportation systems. There are also many schools, universities, and hospitals for a high-quality life in the region.
Beyoglu is the heart of Istanbul. There are many restaurants, cafes, and Istiklal Street, which is the symbol of Istanbul.
It carries many traces of Ottoman history. The Sultan Süleyman Bridge and Sultan Süleyman Mosque, built by the world-famous Mimar Sinan, Sultan, are located here.
What Should Be Considered When Making a Property Investment in Istanbul?
Experts emphasize that those who want to buy property for investment purposes in Istanbul must first take steps according to the sales rate in the regions.
In this regard, they mention that the sales prices of the property, built recently, should be taken as a basis.
Recently, the increase in the population rate of the region and the potential to receive annual immigration stand out as another important feature in property purchases.
Apart from this, the situation of the neighborhoods around the house to be purchased, the possibility of urban transformation, and the condition of investments in the region are also very important.