Istanbul is a leading hub when it comes to the best European real estate markets. It features a lot of attractive features for smart property investors. Over the years, the Istanbul property market has grown tremendously. The market caters to both local and foreign investors.
About the investment properties in Istanbul
In Istanbul, numerous properties are suitable for numerous budgets. You can get a wide range of apartments from the humble to the premium options in the country. All of these properties are sold at competitive prices.
This is a huge opportunity for first-time property investors to key into this massive potential to make profits. In the city, there are many exciting districts and neighbourhoods where investors can find their dream homes to invest in.
Available properties in the city include commercial buildings, hotels, villas, apartments, and so on.
Off-plan developments
In Istanbul, numerous construction developments are still in progress. An investor can choose to buy any of these off-plan properties as they are. They are usually sold at lower costs and then appreciated on completion.
Residential real estate
You can invest in residential real estate in Istanbul. The best investments are properties that are located in prime areas with highbrow residents. When it comes to suitable areas to invest in residential properties in Istanbul, there are several options.
Hotels and hotel projects
There are many hotels in Istanbul. It is always best to invest in hotels that are located in highly desirable areas in Istanbul. Istanbul needs quality hotels – due to the increasing number of tourist visits that the city gets every year. With the tourist potential of Istanbul, there are a lot of opportunities in this segment of the market.
Commercial units
Many commercial units can be found in most busy areas of the city. Investors can get their capital in 8 to 10 years when they invest in commercial units in Istanbul. There are a lot of opportunities in Istanbul for investors looking to invest in profitable commercial developments.
Land Investment
Istanbul offers an amazing opportunity for investors to invest in various lands that can be found in the external areas of the city.
Several reasons why you need to invest in a property in Istanbul
Istanbul is home to various types of properties. Apart from the opportunity to choose from a wide range of real estate assets, Istanbul offers various other benefits.
Strategic location
The city of Istanbul is strategically located between Asia and Europe – one reason many international investors find the city very attractive. The city comes with a unique location as well as a rich history and diverse culture.
Growing Demand
The population of Istanbul is growing consistently. This means that property/housing demand in the city is growing steadily. The population in the city is dynamic and young which means that there are opportunities to invest in both commercial and residential real estate.
Competitive prices
Istanbul boasts of a booming real estate industry. However, despite its attractive landscape, the property market in Istanbul still offers competitive prices in comparison to many global cities.
This is why many investors fancy the investment opportunities in the city. In Istanbul, you can enter the market cheaply and make a lot of profit.
Strong infrastructure
If you are looking for robust infrastructure all over Turkey, then Istanbul is your best bet. The city comes with advanced infrastructure which includes one of the best airports, modern systems of transportation, developed communication systems, developed healthcare facilities, and many more infrastructural benefits.
Tourist destination
Istanbul is a popular tourist hub as millions of guests travel; to the Turkish city every year. This is why the country has an attractive real estate market which fetches guaranteed rental income, Istanbul always has something for everyone.
