Istanbul is functioning as a historic, cultural, and economic hub with more than 15 million residents. It constitutes approximately 20% of Turkey’s total population and has the highest ratio of house sales thanks to its dynamic economy, pleasant climate, smooth functioning public transportation, high-quality infrastructure, and diverse residential-recreational complexes.
Today’s Istanbul offers investors an abundance of property options that cater to all sorts of budgets and needs and provide a sanctuary for upper and middle-income groups. We have collected a few advantages of buying property from Istanbul is a good investment.
1. Obtain your Turkish Passport effortlessly in Istanbul by investing in a smart way
If you’re interested in obtaining Turkish citizenship through investment in properties, Istanbul would be the most suitable place to apply for it. Most of our Citizenship applications take place in Istanbul. Because of the large number of applicants, Citizenship procedures are swift and smooth in Istanbul. Next to obtaining Citizenship, we’ll be able to offer you excellent investment properties specifically designed for those who are Citizenship applicants and generating rent income. It’s not just Turkish citizenship.
2. A wide range of real estate choices
You may be interested in modern Istanbul real estate in luxury towers, small apartments for families and lightweight units within low-rise structures, detached villas, spacious or small commercial establishments, or hotels for investment, Istanbul has the answer to your needs.
It is worth noting that you can choose from an array of “view” options for properties. Surrounded by landscapes and seas, Istanbul supply for all preferences. All these alternatives make Istanbul an exclusive choice for real estate investment.
The facilities offered by projects in Istanbul is an additional factor. In residential complexes that offer on-site facilities, you will see fitness centers, pools, a spa and sauna kids’ playgrounds, secure parking for private vehicles, 24/7 security CCTV and more. These facilities increase the value of properties.
According to the latest official statistics between January and June, house sales to foreigners rose by 72.7 percent over the similar period in the previous year and became 35 thousand 383 and with Istanbul placing first.
3. Istanbul to be the Center of Cultural Tourism
Home to many historical gems such as The Hagia Sophia to Topkapi Palace, Blue Mosque, archaeological museums, and more, Istanbul abounds in touristic visits every year. It’s for a good reason. With its rich culinary culture as well as nightlife and shopping possibilities, Istanbul offers more than tourist attractions, connecting the East and West geographically as well as culturally, thus offering the best of both worlds for those seeking a country that can combine “alaturca” with “alafranga” all in one pot. The rich cultural heritage of Istanbul certainly contributes to the rising cost of property in Istanbul.
4. Different districts and different lifestyles
Istanbul is a place where there is a huge variety in life. The welcoming and modern culture of the city makes you feel right at home.
The city is comprised of 39 districts, each distinct to itself, Istanbul has quiet spaces as much as more populated and dynamic ones. Buyukcekmece and Beylikduzu, for example, are popular spots for families because of their quiet area that has sea and lake views. Cihangir is the hub of bohemian life with boutiques and cozy cafes, historical structures, and late-Ottoman art nouveau and art deco apartment buildings. Levent as well as Sisli are the most important business districts , which are connected with Istanbul’s rest Istanbul by a variety of means of transport. On the Asian aspect, Kadikoy, Moda, and Bagdat Street are the most sought-after districts. With two independent cinemas, Rexx and Kadikoy, as well as the Sureyya Opera House, Kadikoy is a cultural center for Istanbul Asia and even perhaps Asian Cihangir.
5. Public Transportation
Istanbul is a massive city, much larger than some nations. If it weren’t for the highly developed public transportation system, in that case, the city could have had weakly connected districts which would make it nearly impossible to get around the city. Nowadays, Istanbulites have the privilege of enjoying a variety of transportation methods, such as Metrobus, subways, Marmaray, buses, minibus, boats, trains, trams, large yellow taxis(or smaller buses) that can accommodate 6 to 7 passengers, sea taxis, and many more. In short, Istanbul’s rich public transportation opportunities offer many options to experience and enjoy Istanbul and see its people in different places.
6. Find your fellow countrymen in a multi-national megacity
Because of the high migration rate, Istanbul is a global megacity. Istanbul can be a perfect option for those looking buying a house in a place where their countrymen reside. It’s important to know that if you’re planning to relocate to Istanbul, we can tell you that you won’t feel homesick.
7. A pleasant climate
Istanbul offers plenty of sunny winter days, and summers aren’t too hot. Istanbul is a warm climate.
8. Fast-growing economy
Istanbul has the largest economy in Turkey. It is rapidly growing in terms of its financial and international trading infrastructure, Istanbul is a regional business hub.
The share of Istanbul in the country’s GDP (gross domestic product) is over 31%, the country`s most affluent rate. Additionally, the unemployment rate in Istanbul is the lowest among other cities in Turkey. Both of these factors create Istanbul an efficient and growing economy. It is also the ideal option for investors looking to buy an apartment in Istanbul.
