Jul 04, 2022

Istanbul Istanbul - a glimpse of real estate investment

Istanbul Istanbul - a glimpse of real estate investment

In recent years, the Istanbul real estate sector has become one of the most growing real estate markets in the world, as Istanbul has become more developed and real estate projects are constantly expanding.

The real estate market in Turkey competes with its European and Arab counterparts, but it has become the best choice for investors and those wishing to settle in Turkey because of Turkey’s strategic location that connects the continents of the world, and the amazing thing in all of this is the divine beauty that Istanbul enjoys. Istanbul has become the preferred destination for families and businessmen who prefer to settle in an environment that combines modern civilized development while maintaining the values of safety, respect and morals.

Everyone is interested to know: Are Istanbul real estate prices high?

Certainly, the value of real estate in Istanbul is not low, but it also varies from time to time, but in general, Istanbul real estate is relatively high, and this is thanks to the continuous work undertaken by the Turkish government in improving infrastructure, as well as a result of the remarkable growth in the Turkish economy, as well as the impact of the huge volume of demand in the Istanbul real estate market, and the announcements of renovations and new features.

Istanbul Istanbul - the most important types of real estate investment

The best types of real estate investment in Istanbul: residential real estate investment, and commercial real estate investment.

Residential real estate investment is defined as investing in Istanbul real estate that is used for residential purposes and does not have any commercial objectives.

 While commercial real estate investment is defined as an investment in Istanbul real estate that does not include family housing, such as investing in (offices, shops, real estate used for industrial purposes, retail real estate, hotels, student housing) and commercial investment is considered the strongest real estate project in Istanbul.

Istanbul Istanbul - Advantages of real estate investment in housing

The most prominent feature of all is the ease of finding a tenant in Istanbul, the place will not be emptied at any time, whether the economic conditions are difficult or not, and this is because of the ease of selling housing projects in Istanbul, especially if it is in a privileged area.

And if there are some negatives to residential real estate investment in Istanbul, it is direct responsibility towards the tenant, especially to solve some issues related to the maintenance of the house, or you can use some specialized real estate companies in Istanbul.

Istanbul Istanbul - Advantages of commercial real estate investment

The guaranteed advantage is the monthly income and relatively high investment returns. In Istanbul, it is not necessary for the property owner to deal with the expenses related to the repair, maintenance or development of the commercial property, because in many cases the tenant is authorized to deal with the commercial property in a manner that suits his work and the purpose of renting it. In addition, the tenants of commercial real estate in Istanbul have money! So you will have no problem paying rent on a regular basis.

And if there are some negatives to this type of real estate investment in Istanbul, It is only the lack of demand for commercial investment if some economic or international conditions are a bit volatile, commercial real estate is not as essential to daily life as residential real estate!