Istanbul Property Market For Investors

Leading Sector Within the Turkish Economy

Real Estate market is the fastest growing sector in Turkish economy. According to KPMG report, growth rate of the construction sector is higher than the overall economic growth rate in Turkey for 2017,2018 and 2019. TUIK(Turkish Statistics Institute) reported that between June 2018 and June 2019 1.077.000 properties were sold in Turkey and the proportion of Istanbul is 17,5% itself.

High Return of Investment (ROI)

Popularity of the property market in Istanbul led to increasing price appreciation every year for the last 5 years. In 2019, real estate prices increased 20% in Istanbul averagely. Moreover, according to Zingat (market research company) in some areas, price appreciation reached to 143% in last 5 years. Most popular areas in central Istanbul terms price increase,

1-) Kucukcekmece – %143

2-) Kagithane – 95%

3-) Zeytinburnu – 91%

4-) Basaksehir – Bahcesehir – %86

5-) Şişli – %76

6-) Beylikduzu – %76

When also the rental income considered (average 6% annually), Return of Investment (ROI) became 106% – 173% for central Istanbul. It is not surprising that Turkish Real Estate Market attracts many investors from all over the world since it has the highest return of investment in comparison with the other economic instruments.

What Makes Istanbul Real Estate Market So Profitable?

Amongst the countless answers to this question, first 3 reasons could be listed as location, tourism potential and construction quality.

Istanbul has a unique location. It is the central point for Europe, Asia and Africa. There isn’t any other city in the world that you can reach to 3 continents and up to 60 countries by 4 hours or less flight. Location advantage makes Istanbul a city that will never lose its popularity, also makes investors sure that their investments will not lose value in a long term.

Istanbul is the 8th most visited city in the world in 2019. (According to Mastercard report). Istanbul’s 1000 years of history, natural beauties, active urban life and city investments attract many more tourists every year. That’s why Istanbul is expected to be in the most visited 5 cities in the world by 2025 (Mastercard report).

Number of the construction firms in Turkey is 10 times more than the number of construction firms in all Europe (TUİK report). That makes a huge competition in the market which is reflected on the quality of production. Also, the overseas experience of Turkish Construction Firms gives them an ability to catch world standards in their construction quality.

What to Consider When You Buy Property in Istanbul

There are more than 500 real estate projects in Istanbul in different areas. The rule is right location, right price and right apartment at the same time. Choosing the promising locations or popular projects also not enough to invest in Istanbul successfully. You need to know which type of property is popular in which area and what is the right price for that area.

For instance, small apartments (1 bedroom and 2 bedrooms) are very profitable in terms of price appreciation and rental income in the city center. But if you buy a small apartment in outer Istanbul, your investment may not be profitable as much as you desire. Or if you buy a flat with 3 bedrooms in a project mostly consists of small apartments again your investment will not bring you the return that you are wishing to.

Choosing the right property needs an expertise. We as Century21 Sinerji follows up the trends in every location in Istanbul and we have experience with all the successful construction firms. Our 10 years of experience in Istanbul Property Market gives us an ability to determine the projects with the highest return of investments . Before you make your investment, we evaluate numerous factors in order to make sure that you buy flat in Istanbul from a right place and right price.

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Deniz Istanbul is the largest real estate on Istanbul's European Side and which is on a 1,500 decare land where green meets the sea with sea view luxury apartments. Deniz Istanbul consists of
$ 142,000
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Cubuklu 28 project very near to 2nd Bophorus Bridge. You will spend less time in the traffic. You will be spending that time with your family by enjoying the social facilities offered to you at Cubuklu 28.
$ 190,000
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Park Residence Cadde Bagdat Street offers a unique lifestyle in Istanbul Asian Side's heart. In Sea Side Residence's 4 blocks and 44 floors, you are free to choose your Istanbul view as in Islands...
$ 298,000
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Limitless sea and lake view in the coast of Istanbul. You will never want to leave your home since you have the best view in the city. Kucukcekmece is one the most popular spots in Istanbul. Explore this...
$ 93,000
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Bahcesehir's greatest real estate project is welcoming you. Strada Akzirve Garden Homes Istanbul invites you a unique life with high quality apartments and its prestigious street with restaurants, cafes, banks
$ 96,000
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Nida Park Bomonti Sea View Residence is located in the fastest growing spot in Istanbul, Bomonti. It is located right next to main tunnels of Istanbul which is Kagihane Tunnel and Besiktas Tunnel.
$ 366,000
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15
Waves, ships, islands and clouds looking towards to you home. Just to make you to enjoy the view at its best, in Yedi Mavi Seven Blue there are no concrete walls but glass walls. At the one of the most popular
$ 197,500
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Do you ever dream about to live in a 5 star hotel? If yes, your dream came true. In Prime Residence Pullman Hotel Concept Homes, you can have an apartment from studio to 2 bedrooms in 5 star hotel.
$ 94,000
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Imagine a life that you step into the green and blue when you wake up every morning. A life within the city but all connected to the nature. Those who can't give up from the nature for a happier life, began their lives in Yesilyaka
$ 620,000
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The most central spot of Istanbul that will bring different pleasures to your life, with a green park that will help Istanbul to breathe, perfect indoor and outdoor environments cafes, restaurants, the brand-new
$ 479,000
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A beach town that is away from Istanbul's rush. We are inviting you to Marina 24 Sea Side Apartments for 7/24 holiday life with special beach and social areas right nearby Central Istanbul. Everything is near to you
$ 139,000
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6
Vadikoru Istanbul green real estate project invites you an exclusive life with residences, offices and shops. With 242 residences 84 offices and 12 street shops Vadikoru is center of perfect lifestyle, shopping and...
$ 128,000
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8
Deniz Istanbul is the largest real estate on Istanbul's European Side and which is on a 1,500 decare land where green meets the sea with sea view luxury apartments. Deniz Istanbul consists of
$ 142,000
Feature Image
Feature
9
Cubuklu 28 project very near to 2nd Bophorus Bridge. You will spend less time in the traffic. You will be spending that time with your family by enjoying the social facilities offered to you at Cubuklu 28.
$ 190,000
Feature Image
Feature
13
Park Residence Cadde Bagdat Street offers a unique lifestyle in Istanbul Asian Side's heart. In Sea Side Residence's 4 blocks and 44 floors, you are free to choose your Istanbul view as in Islands...
$ 298,000
Feature Image
Feature
7
Limitless sea and lake view in the coast of Istanbul. You will never want to leave your home since you have the best view in the city. Kucukcekmece is one the most popular spots in Istanbul. Explore this...
$ 93,000
Feature Image
Feature
7
Bahcesehir's greatest real estate project is welcoming you. Strada Akzirve Garden Homes Istanbul invites you a unique life with high quality apartments and its prestigious street with restaurants, cafes, banks
$ 96,000
Feature Image
15
Nida Park Bomonti Sea View Residence is located in the fastest growing spot in Istanbul, Bomonti. It is located right next to main tunnels of Istanbul which is Kagihane Tunnel and Besiktas Tunnel.
$ 366,000
Feature Image
15
Waves, ships, islands and clouds looking towards to you home. Just to make you to enjoy the view at its best, in Yedi Mavi Seven Blue there are no concrete walls but glass walls. At the one of the most popular
$ 197,500
Feature Image
12
Do you ever dream about to live in a 5 star hotel? If yes, your dream came true. In Prime Residence Pullman Hotel Concept Homes, you can have an apartment from studio to 2 bedrooms in 5 star hotel.
$ 94,000
Feature Image
9
Imagine a life that you step into the green and blue when you wake up every morning. A life within the city but all connected to the nature. Those who can't give up from the nature for a happier life, began their lives in Yesilyaka
$ 620,000
Feature Image
18
The most central spot of Istanbul that will bring different pleasures to your life, with a green park that will help Istanbul to breathe, perfect indoor and outdoor environments cafes, restaurants, the brand-new
$ 479,000
Feature Image
22
A beach town that is away from Istanbul's rush. We are inviting you to Marina 24 Sea Side Apartments for 7/24 holiday life with special beach and social areas right nearby Central Istanbul. Everything is near to you
$ 139,000
Feature Image
6
Vadikoru Istanbul green real estate project invites you an exclusive life with residences, offices and shops. With 242 residences 84 offices and 12 street shops Vadikoru is center of perfect lifestyle, shopping and...
$ 128,000