Buy Property in Istanbul – Istanbul is the region where sales of houses are mostly made in Turkey. And, it constitutes almost 22 percent of the annual total house sales. Investment housing sales continue rapidly in Istanbul and the Marmara Region.
Istanbul is the first choice of domestic and foreign investors. And, it is the center of major real estate projects and real estate market has never been lost here in Istanbul.
Investors should not only depend on square meter prices in real estate purchases, but also should consider the development and growth of the region to be invested in the short term.
Where should you buy a house for investment in Istanbul?
In real estate investments, the districts that attract investors a lot in terms of apartments for sale in Istanbul are Eyüp and Göktürk regions. Due to the Kanal Istanbul project of which the construction will begin shortly; Housing, land, and commercial property prices in Başakşehir, Küçükçekmece, Esenyurt, Beylikdüzü, Avcılar, and Arnavutköy Regions are expected to increase significantly soon.
The increase in the population rate of the region and the potential to receive immigration in recent years is another feature to be taken into consideration when purchasing houses for sale from the owner. In particular, the investments to be planned on the Canal Istanbul and European side coastline routes are the types of investments expected to increase in price by more than 25 percent per square meter.
As in all the world, ‘‘stay home ” calls continue in Turkey as well. And in normal life, radical changes occur because of the virus. Since the process was not clear, many people and institutions switched to the home office working style. Changes reflected in working life are also reflected in private lives. We now prefer homes with lesser density, balconies, and gardens rather than central locations close to transportation.
Buy Property in Istanbul – Beylikdüzü, Çatalca, Silivri, Tuzla, Başakşehir, Bahçeşehir, Hadımköy, Zekeriyaköy, Kurtköy, and Kartal regions are very popular among families looking for a detached or low-rise lifestyle with gardens and opened spaces.
In order to realize the right real estate investment, many different dynamics must be taken into account. In addition to megaprojects, when projects such as shopping malls, schools, hotels are carefully analyzed, they will provide profit opportunities in housing investment.
What are the things that house buyers need to know for investment?
It is necessary to examine the deed of the house and find out whether it is a property with a floor or an altitude. It is important that the land planned to be purchased is located in the earthquake zone or water basin, to know the difference between gross and net square meters, to pay attention to social facilities and infrastructure and to know these differences.
Real estate investments continue to earn investors in every period. If you are planning to buy a house for real estate investment, you can contact RealistaTurkey’s expert professionals.