why to choose real estate investment in Istanbul 2021-2022
As the financial crisis continues, the idea of protecting money through safe and profitable investment possibilities has caught everyone's attention lately. Investing in the real estate market is one of the most important and perhaps the safest investments that come to everyone's mind. When searching for the best countries to invest in real estate development, Istanbul properties in particular and Turkey, in general, are among the first results that appear. Turkey is a country with local and global influence, and it is an important member of the Group of Twenty, as it is characterized by multiple economic factors and an important geopolitical location, which makes it one of the best countries to invest in, especially in real estate investment, both now and in the future.
In the last year alone, more than 50,000 foreigners bought real estate in Turkey, the majority of whom reside in Istanbul, which has great economic importance both locally and globally. Despite this, many foreigners looking to invest in real estate in Istanbul ask themselves, “Why should I invest in real estate in Istanbul?”
An article titled “Top 10 Places to Buy Real Estate Abroad in 2021” stated that “Istanbul ranked ninth among the most visited countries in the world in 2018, preceded by Berlin, Barcelona, Rome, Los Angeles, and other important countries.
protected capital
Real estate investment in Istanbul is very encouraging because of capital protection because real estate prices always change with the value of the Turkish lira, and if the local currency rates drop, the value of the property rises logically to offset any decrease in the price of your property. In addition, the Ministry of Economy and the Central Bank of Turkey are major players in ensuring the stability of real estate and products and the balance against the Turkish lira.
Easy purchase
When you are considering investing in real estate, you will consider all the factors, including the lengthy and complex legal procedures that may be involved. But fortunately, Turkey in particular is considered one of the easiest countries in terms of real estate ownership, because the procedures for owning real estate in it are simple and easy, and it does not require the presence of a lawyer; however, you must be proficient in the Turkish language or have the help of an interpreter to translate all the legal documents required to complete the transaction. Hiring a lawyer is generally not a bad idea, but it isn't always necessary. Buying property in Turkey usually takes three to six weeks.
modern real estate architecture
Real estate in Istanbul in particular is characterized by being beautiful, new, and modern because the Ministry of Housing in Turkey urges real estate developers to implement modern, environmentally friendly, and economically efficient architectural styles in general. In Istanbul, you will find many real estate investment options that provide architectural beauty and thoughtful green spaces in addition to being economically efficient and with an acceptable profit return.
What are the advantages of living in Istanbul?
Istanbul has the best elements for a rich, dynamic and diverse life, from history, modernity, and sophistication. Where beauty is everywhere. Owning property is also an ideal option, as there are endless options, including luxury apartments and premium properties, among the newest and finest buildings and properties, and the most beautiful luxury decor finishes. It also contains dozens of international universities and schools, various integrated services, and cheap prices compared to many European countries.
Suitable for families
Istanbul is an ideal choice for families, as Istanbul brings together many options for those who want a life away from the noise and speed of life in some areas of Istanbul. Likewise, it is also close to the movement centers so that families can directly access their business and educate their children in different universities and schools.
What are the best options?
Many areas are suitable for owning real estate and buying apartments and villas in Istanbul, such as Basaksehir, which is located in European Istanbul. It has the most advanced infrastructure in the city, by virtue of the region's modernity and establishment, and it is one of the most attractive areas for investors due to its infrastructure and social, cultural, health, and educational facilities.
It is located within a very close point to the new Istanbul International Airport, as well as the Beylikdüzü district to the west of Istanbul. The region is witnessing an unparalleled boom in high-quality real estate investment, due to the good organization and the spread of advanced infrastructure from hospitals, shopping centers, factories, new real estate projects, transportation routes, high schools, and universities. In addition to the presence of commercial malls.
The area is divided into 10 main neighborhoods, the most important of which are: Al-Jumhuriya District, Adnan Kahwaji District, Kavakli District, and Al-Sahel District.
Bahcesehir is also a wonderful district located at a strategic point northwest of Kucukcekmece Lake and easily accessible from all areas of the city through the modern road network that surrounds it. In addition to the railway connecting the European side of Istanbul, it also has a strong infrastructure, as well as the Atakoy region, as well as the Beyoglu region, between the Bosphorus and the Golden Horn.
Istanbul is the bride of East and West together. Whatever your choice in Istanbul you will find, for you and your family.
The cultural and urban prosperity that Istanbul is witnessing heralds a beautiful and fruitful future that will make Istanbul at the forefront of the cities in which one would like to live for the rest of his life, or for a young investor to start his working life in it.
Did you love Istanbul?
