The advantages of the real estate market in Istanbul

The real estate market in Istanbul is one of the most distinguished markets you will ever encounter, as it contains many positive points and advantages that are difficult to find elsewhere in this world, and all this is accompanied by government support and equality of foreigners with Turks and others.
In this article, get acquainted with some of the characteristics of the real estate market in that city.

What do you know about the real estate market in Istanbul?

The real estate market in Istanbul is booming, as prices have increased significantly over the past few years. Population growth and economic development in the city are the main drivers of this demand.
Just as Istanbul has a variety of housing options available, from traditional Turkish apartments to luxury international developments, there is something to suit every budget and taste.
The city is also an attractive investment destination for foreign buyers, due to its relatively low prices and strong rental demand and thus offers excellent ROI potential and is expected to continue to increase in popularity in the coming years.

Ways to buy real estate in Istanbul:

In this city, you will have several options when buying real estate. If you have the full price of the property, you will be able to buy in cash, and if you cannot choose to buy in installments, you can also buy properties under construction and others. Here are the details about each of them:

Buying real estate in Istanbul in installments:

The most important advantage of installments is the possibility to buy a property without needing a large amount of money at one time and this option is suitable for those who want to buy a property but do not have the required amount of money.
- Another advantage of annuity is that it helps spread the financial burden over a period of time, making it easier for you to manage your money.
- You may be able to negotiate a lower interest rate on your loan if you agree to make payments.
- You can fix the price of a property today, even if its value increases over time.

Own real estate in Istanbul under construction:

There are also some advantages to buying off-plan properties in Istanbul. The first is that you may be able to negotiate a lower price because the developer is usually eager to sell the apartments quickly in order to generate cash flow for the project. In addition, many construction companies offer attractive payment plans that allow buyers spread their investment over time.
There are some risks involved in buying an under construction property in Istanbul and the most common one is that the developer may not finish the project on time, or may not finish the project at all and this may leave you without a home after you have made several payments of its value and there is also a possibility Final specifications do not match plans or expectations originally undertaken.

Buying a ready-to-move-in property in Istanbul:

The most obvious advantage is that you do not have to wait for the construction of your property to be completed and this can save you a lot of time and effort.
Another advantage is that you can be sure of what you are getting and when you buy off-plan property there is always the risk that the end results will not meet your expectations and with properties ready to move, what you see is what you get.

Own real estate in the center of Istanbul:

The city center is the most popular and most expensive area to live in Istanbul. It is also the most convenient place to live with easy access to public transportation, schools, hospitals and shopping malls
Another advantage of investing in real estate in central Istanbul is that you will be able to find a variety of properties to choose from and you can find apartments, houses, villas and even commercial properties such as office spaces and real estate spaces.
If you are looking for an investment property, the city center is also a good option because it is usually easier to find property tenants in this area and the central location means that there is always a high demand for rental properties.

Buying real estate in the countryside of Istanbul:

The countryside of Istanbul has many advantages for those who are looking to buy real estate. First of all, the prices are much lower than in the city center and this is due to the fact that the infrastructure is not developed and there are fewer facilities.
However, the countryside of Istanbul is still within walking distance of the city center, so you can enjoy all that Istanbul has to offer without having to pay the prices that you would find in the city center and the landscape is even more beautiful in the countryside, with rolling hills and greenery.
If you are looking for a quieter lifestyle, buying real estate in the countryside of Istanbul is a great option.

Where to buy real estate in Istanbul?

If you want to buy a property in Istanbul, you should see the most popular candidate areas to search:
- Basaksehir is one of the most important areas of Istanbul for buying real estate. It is located on the European side of Istanbul and is famous for its architecture and modern infrastructure. The area has a lot of green spaces and is well connected to the city center.
- Esenyurt is another important area in Istanbul for buying real estate and it is located on the European side of Istanbul and offers a good quality of life. The area has a lot of shopping centers and is well connected to the city center.
- Beylikduzu is another important area in Istanbul for buying real estate and it is located on the European side of Istanbul and offers a good quality of life. The area has a lot of shopping centers and it is well connected to the city center.

Advantages of buying a property in Turkey through ist Homes Real Estate company:

One of the leading companies in the field of  real estate investment in Turkey. We have extensive experience in theTurkish real estate market and are connected to the best residential complex constructioncompanies in Turkey.

We offer our customers a wide range of:
 Luxury real estate overlooking the sea in Istanbul , you can also find the cheapest apartments for sale in Turkey,hotel apartments, varioustypes ofcommercial real estate, villas for sale in Istanbulsuitable for obtaining Turkish citizenshipand others suitable for obtaining real estate residence.

The real estate market in Istanbul is full of excellent options that suit your goals. Our real estate consultants are always ready to provide you with all the help you need from advice and consultations to field trips and then to completing paperwork and routine procedures.

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