We saw big jumps in Turkey’s property market in 2017. Then when we come to 2018, with the new decree of government, the rules of citizenship in Turkey changed.
Istanbul Real Estate Market
We saw big jumps in Turkey’s property market in 2017. Then when we come to 2018, with the new decree of government, the rules of citizenship in Turkey changed. Accordingly, Turkish citizenship will be granted to foreigners who purchase equivalent of 250.000 USD property in Turkey.
Istanbul, Most Popular Zone For Property Investments
Istanbul is the biggest city in Turkey and also has cultural heritage, a long history and a vibrant social life that makes it attractive for all people. Istanbul real estate market is considered to be one of the most attractive destinations for international investors with its safe environment and high return on investment. For finding the best property for sale in Istanbul, it is recommended to check several options and get professional assistance.
So are you looking for apartment for sale in Istanbul what is the best way to continue about it and what are some things you need to look out for? Here are some tips about Istanbul properties.
The areas at the forefront of Istanbul real estate boom are central city districts, prime location properties in Macka, Beyoglu, Mecidiyekoy, Sisli, Levent, Bebek and similar Bosporus line districts, where luxury residences are highly sought after.
Most of the Istanbul real estate favored by foreign buyers as investment options are far more affordable and generally off plan properties in Istanbul outskirts such as Beylikduzu, Bahcesehir, Buyukcekmece, Esenyurt and Kucukcekmece. Those projects in Istanbul's fast growing suburbs are offered to investors with promises of strong rental and steep price growth income as the city inevitably and rapidly expands outwards forming extended cities within a city.
Apartments for sale in İstanbul
Branded luxury, well-managed residences, generally built in high-rise tower complexes with restaurants, shopping malls, many other facilities all under one roof and a extreme price tag to match. At the forefront of this activity are areas within and close to the city's business districts such as Mecidiyekoy, Sisli and Levent.
Old Turkish-style apartment blocks in Istanbul with few facilities available, but in some of the best places in Istanbul. Depending on the location and quality, these can have a high price. In comparison with newly built residences and luxury towers, these are very basic with little in the management of the facilities. That said, they are generally houses of prime location, like houses along the Bosphorus with incredible views, apartment blocks in Nisantasi, Sisli and most of Bebek's apartments, which are some of the most costly real estate in Istanbul.
Last Updated: 11.10.2018 00:00:00