Whether you are looking for a place to live in Istanbul or planning to invest in the city's diverse and growing real estate market, “ownership apartments” are an option full of opportunities and therefore, we will explore the world of ownership apartments in Istanbul, by exploring its diverse styles, suitable markets for investment, and the advantages and challenges facing buyers and investors in this exciting real estate sector.
Types of ownership apartments in Istanbul
- Standard apartments (one or more bedroom apartments): This is the most common type of apartment in Istanbul and they can range greatly in size and design and fit a variety of budgets.
- Luxury Apartments: If you are looking for luxury, Istanbul offers many luxury apartments in areas such as Bebek Okmet.
- Apartments with sea views: Because of its location on the sea, you will find many apartments in Istanbul that allow you to enjoy stunning views of the sea waters, such as the Bosphorus.
- Investment Apartments: Apartments are available specifically designed for real estate investment and these apartments can be small in size and suitable for rent or sale.
- Apartments in residential complexes: In Istanbul, you will find many residential complexes that include apartments and shared facilities such as swimming pools and gardens.
- Apartments in traditional neighborhoods: If you are looking for a traditional experience, you can look for apartments in traditional neighborhoods such as Sultanahmet or Fatih.
- Apartments in the mall: If you are working or looking for a location close to malls, neighborhoods like Laleli or Maslak offer many options.
- Under construction apartments: You can search for projects under construction and buy an apartment before completion at a lower price.
- Apartments with specific architectural styles: You find apartments with specific architectural styles such as traditional Ottoman apartments.
- Apartments in suburban areas: If you are looking for a lower budget, you can consider purchasing an apartment in suburban areas outside the city center.
Features of ownership apartments in Istanbul
- Istanbul is a city located at the intersection of the European and Asian continents, making it a strategic urban center.
- Various apartments are available in different sizes and designs to suit different needs.
- Most apartment complexes offer shared facilities such as swimming pools, fitness centers and gardens.
- An advanced security system that includes 24/7 security and a monitoring system.
- Many ownership apartments in Istanbul offer stunning views of the Bosphorus and the Black Sea.
- Advanced technical equipment increases comfort and efficiency.
- Its proximity to schools, hospitals, stores, restaurants and public transportation.
- Possibility of renting it to tenants or selling it at a profit.
- Istanbul offers a reasonable cost of living compared to many international cities.
- A multicultural and multinational city.
- Modern water, sanitation and electricity facilities.
- Istanbul provides high-quality international schools.
- A wide range of stores, markets and commercial malls.
- Theaters, museums and cultural events.
- Restaurants serving traditional Turkish and international cuisine.
- Various gardens and green areas for leisure time.
- An advanced public transportation system.
- It provides advanced hospitals and medical clinics.
- Discover tourist and historical places.
- Shop in high-level malls.
- Istanbul offers diverse job opportunities.
- Luxury apartments with high quality finishes.
- Opportunities to participate in social and cultural events.
- A group of organizations and associations that contribute to the development of the city.
- Provides places of worship for different religions.
- Discover the stunning landscapes surrounding Istanbul.
- By purchasing a property in Istanbul worth 400 thousand US dollars, you can obtain Turkish citizenship
- After you are granted Turkish citizenship by purchasing a property in Turkey, you can obtain a Turkish passport and enjoy the rights of a Turkish citizen and freedom of travel and movement.
- You can obtain real estate residency in Turkey by purchasing an apartment in Turkey worth 75 thousand US dollars
Which is better, apartments or villas in Istanbul?
Choosing ownership apartments or villas in Istanbul depends largely on your personal needs, preferences, and investment goals and here are some comparisons between apartments and villas to help you decide:
Ownership apartments in Istanbul:
- If you prefer city life and want to live close to public transportation, services, commercial and cultural activities, a private property apartment in Istanbul will be a suitable choice.
- In general, apartments are less expensive than villas to purchase and maintain.
- You can easily rent your apartment to tenants and increase your income from real estate investment.
- Most apartment complexes provide an advanced security system with guarding and surveillance.
Villas in Istanbul:
- Villas in Istanbul offer greater privacy and more space to live and enjoy outdoor spaces such as gardens and private pools.
- The villas come with lavish designs and high-quality finishes, making them ideal for luxurious living.
- If you have a large family or need extra space for guests, villas offer plenty of space and extra rooms.
Is it possible to obtain citizenship through ownership of apartments in Istanbul?
- The value of the property you buy must reach a certain amount specified by the government.
- You must hold the property for a certain period after purchase to be eligible for Turkish citizenship.
- Taxes and fees related to the property must be paid on a regular basis.
- You must comply with all Turkish laws and regulations during the period of your ownership of the property.
- The citizenship granting process may require a security check.
In conclusion, ownership of apartments in Istanbul represents a unique opportunity to live and invest in a historic and modern city at the same time, as Istanbul combines historical appeal, cultural diversity and a vibrant economic environment, making it an ideal destination for many people.
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