What to Know About Real Estate Investment in Istanbul

What to Know About Real Estate Investment in Istanbul

Today, many people want to invest in real estate in Istanbul. Especially in this certain period, when property prices in Istanbul start to rise every year, real estate investment gain much more importance. People who are thinking of buying a real estate in Istanbul is looking for a house without wasting much of a time. Istanbul, one of Turkey's metropolitan cities, offers an extremely large number of real estate options in its different districts. People who want to invest in real estate in Istanbul should evaluate the real estate options very carefully in order to make the most logical and profitable purchase. Right real estate investment in Istanbul means the highest profit margin.

 

Invest at the Right Time

The first thing that people who want to invest in real estate in Istanbul should pay attention to is investing at the right time. For example, since the outbreak of the coronavirus started, property prices in Turkey have started to increase considerably. Therefore, people who did not invest in real estate at the right time had to buy the same property at a much higher price. At this point, those who want to buy a real estate in Istanbul should search for real estate options quickly and use their time well. It is possible to shorten this period even more, especially by choosing the developing districts of Istanbul. At this point, it is advantageous to buy a property in Istanbul at the right periods.

 

Focus On the Strong Locations

Another point that those who want to invest in real estate in Istanbul should pay attention to is the location of the properties to be purchased. For example, factors such as the close location of the property to transportation points, shopping centers, universities or airports affect the both sales and rental prices considerably. When you are buying real estate in Istanbul; it is important to pay attention to such crucial factors. If the property that you are buying in Istanbul has an advantageous location, there is a good chance to rent out faster and from a higher price. In addition to that, good location increases the re-sale capability of the property.

 

Developing Areas

In order to invest in real estate in Istanbul, it is important to consider developing areas and mega projects in Istanbul. For instance, the Kanal Istanbul project, which has been on the agenda for a long time and started to be built this year, has had a great impact on the surrounding districts. In regions such as Kucukcekmece, Kemerburgaz, Basaksehir and Avcilar, prices are increasing day by day due to the Kanal Istanbul project. People who want to invest in real estate in Istanbul can also make a profit in a short time by buying property from these regions. In addition, it is possible to benefit from the new housing projects started in these regions due to the mega project. By purchasing new apartments at much more affordable prices, very good profits can be made in the future. People who want to invest in real estate in Istanbul should give importance to these mega projects.

 

Consider New Housing Projects

The last point to be considered for making a real estate investment in Istanbul is new housing projects. In general, people who want to buy a property in Istanbul prefers a new real estate projects. In addition, the fact that the property is located in a compound, has a separate social life center and all other factors affect the purchase. Therefore, people who want to invest in real estate in Istanbul should definitely consider the new housing projects. Properties can be purchased at much more affordable prices, especially on projects that have been started or are about to be completed during this period.

 

Best Real Estate Opportunities in Istanbul

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