Best Real Estate in Istanbul – Property in Turkey
Here at best real estate in Istanbul, we are committed to helping our clients find the best summerhouses, villas, apartments, and more. We are a private company that strives to provide efficient consultation services to people who would like to purchase Istanbul real estate properties.
Istanbul’s Top Real Estate Agency
What makes us better than other real estate companies in the area?
We pride ourselves on our professionalism and trustworthy business ethics.
We make sure we’re always two feet ahead of our competition.
Our primary goal is to present investors with real estate that meet our client’s needs – to ensure the deal goes smoothly from beginning to end.
A Refined Buying Experience
We promise to deliver a polished and systematic method of purchasing a property. This way, you will never feel any tension or stress, which is usually associated with buying real estate for the first time. We have distinguished ourselves from our competition by the highest standards of sophistication, integrity, and expertise.
How We Can Assist You
We have a complete service package for clients that include property management, resale management, legal process follow-up and property visit. We do this so that your buying and selling process in Istanbul is smooth.
All you have to do is to get in touch with us, get all the information you need, and book a professional agent for properties visits, we’ll show you around the various projects available.
Smart Buying Decision
We look forward to assisting and guiding you through the process of buying a property in Turkey,
which is a noteworthy and a life decision that is financially substantial.
Take advantage of the professional supervision we offer to invest in Turkey and earn significant profits.
Save Money When Buying Real Estate In Istanbul
When you work with us, we make sure to secure deals that are in your favor. This includes providing you with no-hassle properties and clear titles. We are well-known for offering the best real estate investment opportunities at an affordable price due to our extensive industry network.
Whether the economy is in good or bad shape, we will give you recommendations, so you end up with the right choice. We assure the buyers we have knowledgeable professionals who understand the local market and the communities around Istanbul. We use an approach where we lead the clients step-by-step so they receive the best buyer representation they can find.
Our company and our agents are certainly not like this assumption. You may think that an early consultation has no point, but we assure you that you will find it fruitful at the end of the discussion. After you have talked to one or more of our agents, you will get the clarification you have always needed, particularly when it comes to your wants and requisites for an investment and its location. Our agents will ensure that the property or properties you end up purchasing will meet your conditions, including your budget and inclinations.
Istanbul Real Estate Market Grows Amid Global Crisis
When you’re in the market for real estate investment options in and around Istanbul, you want a company that has years of experience and knowledge about the market. Many novices and established investors want to buy apartments to rent out – both in the short and long-term. This page will provide you with a small sample of the many Istanbul properties we have to offer.
Our books provide a more in-depth look at the properties we have for sale.
When you’re looking for real estate investment in Istanbul, we are the company that you need by your side to make it happen.
What Makes Istanbul So Worthwhile To Investors?
The benefits of investing in Turkey real estate isn’t limited to one or two cities but many of them. However, Istanbul seems to be the prime area of interest. Why is that? It’s quickly moving up the ranks of being financial epicenter thanks to its economy.
Istanbul is often called Europe and Asia’s gateway – perhaps that’s the reason many investors of Istanbul property have. Istanbul has other noteworthy projects investors are considering – strategic development, speeding trains, metros, etc. There are so many benefits that can be reaped in the city. With its robust construction industry and affordable, superior homes, it’s no wonder investors are choosing Istanbul, Turkey to invest in.
While many countries have had a sluggish real estate market, the problem appears to have bypassed the Istanbul real estate. It’s been quite resilient when other places have waned. Turkey, as a whole, has experienced a more than 20 percent rise in the real estate industry. 15 percent of the real estate has taken place in Istanbul.
It’s the thought that the real estate market is a good investment vehicle that has led to the rise in Istanbul, assuring it’s the leader in prime investments.
As more and more investors look for worthwhile rental returns and capital appreciation, they’ll realize Istanbul properties are good investment choices. The distance of the properties for sale in Istanbul to the sea, capital, and other interesting spots will be driving motivators for investors. They’ll also be looking at the advantages of both construction and infrastructure of property for sale in Istanbul.
Is Buying A House In Turkey Expensive or Cheap?
While this question is always open for interpretation, Turkey is generally seen as one of the best values in terms of real estate anywhere in the region. For investors coming from the European Union, this will be particularly true as prices are generally much lower than anywhere else in the EU. Investors coming from the Middle East and Gulf states will find that they can get a much bigger property for the same money than they could elsewhere. Combined with the relatively low cost of living across Turkey, it is easy to see why the housing market is really beginning to heat up.
Turkey offers great value for your home. Homes are generally viewed as inexpensive compared to other similar destinations. Many people will find that they can afford a luxury condominium in Turkey that would otherwise be out of reach in countries such as Spain or Portugal. When compared to the United Kingdom, Turkish investors can buy a 3 or 4 bedroom villa for the price of a one bedroom flat in London proper. Many such examples can be cited to illustrate why many view Turkey as an excellent to buy real estate at the current time.
Because all types of property are available to foreigners, the savings keep coming. A certain amount of land can be owned, making home ownership a distinct possibility. From Istanbul to cities along the coast, good buys can be found throughout the country.
Is the Turkish Real Estate Investment Citizenship Program True?
Yes, under the Turkish real estate investment citizenship program, foreigners can gain entitlement to citizenship under specific conditions. A regulation was added to Article 20 of the Turkish Citizenship Law which regulates the conditions for exceptional acquisition for those who seek Turkish citizenship. One of the reasons this regulation was added is to boost the country’s infrastructure to include banking, investments, and the real estate market through foreign investment.
To gain Turkish citizenship, there are four ways:
1. Employ 50 Turkish citizens
2. Invest $250,000 USD in the real estate market without selling the property for three
3. Invest $500,000 USD in a fixed capital investment
4. Invest $500,000 USD in a Turkish bank for a minimum of 3 years or longer
For all investments, the time condition is three years. After 3 years, you can become a Turkish citizen and take back all of the investment along with legal revenues after the 3-year period has finished.
One factor that is making this citizenship program very attractive is that the Turkish government recently announced this new law and it reduces the previous minimum real estate investment price from $1,000,000 to $250,000 USD. When it comes to the investment choices with the lowest cost to gain Turkish citizenship, investing in real estate is the way to go since it has a much lower cost when compared to the other options.
If you are a property investor or a homeowner, you should consider this opportunity to learn more about that advantages of owning property in Turkey as well as the benefit of gaining citizenship. Click on the ‘Request a Callback’ button for more information.
How Can A Foreigner Buy Property in Turkey?
If you are looking to invest in some real estate outside of your home country, Turkey is a great place worthy of your consideration. Compared to other countries around the globe, Turkey makes it relatively easy to purchase property as a foreigner. This has led to a 2/3 increase in the number of foreign buyers in recent years. With that trend likely to continue, you will be in good company when opting to invest in the property market in Turkey.
Apartments and condominiums are the most popular targets amongst foreign buyers, particularly in the nicer suburbs of Istanbul. There are some legal stipulations to purchasing as a foreigner, so it is important to have all the required documents before taking ownership of the property. You will be able to buy real estate in Turkey on either a short or long-term agreement. The latter is generally a useful arrangement for individuals looking to live in Turkey, while short-term property ownership is preferable for those looking at investment properties alone.
At the current time, foreigners are limited to 30 hectares of land in Turkey. Also, you will not be permitted to purchase any property that is near a military installation. Finally, foreigners may only comprise a total 10 percent of the properties within a specified geographical area. Beyond that, there will be the required documents that you will need to present and then the property will be yours.
Which is the Best Place to Invest in Real Estate in Turkey?
Turkey is a hot spot for real estate investments today. While the entire country is beautiful, particularly given its rich history and cultural diversity, there are a few places that stand out as the best places to invest in real estate in Turkey.
Istanbul is the first area that comes to mind, and for a good reason. There have been many new projects launched in recent years that provide a healthy mix of luxury and great value. The cities real estate market still has not caught up price rise to its Asian and European rivals, meaning that the potential for equity gain is substantial and undeniable. You really cannot go wrong investing in the real estate market here.
There is also Fethiye to consider. This is the region on the Mediterranean Coast, and it is stunning. There is always an influx of tourists in the summer, providing a great opportunity to capitalize on the lucrative investment rental market. Many foreigners are residing in this area, providing the international mix that many real estate investors today crave.
One other area in Turkey that should be considered from an investment perspective is Bodrum. Dubbed the hub of the Turkish Riviera, this area offers many properties for those who are on a budget. There is the accessibility of a nearby airport to attract short-term visitors as well. In short, you cannot go wrong with any of the three areas mentioned here if you’re considering an investment in Turkish real estate.
Is It A Good Time To Invest in Istanbul Real Estate?
When it comes to global real estate investments, this is a great time to consider Istanbul. As a city, this is one of the most culturally rich and historical capitals in the country. Beyond that, recent decades have seen a stark increase in modernity that has brought the infrastructure forward to be more in line with other similarly sized cities in Asia and Europe. Out of this has come a property boom that foreign investors can begin to take advantage of.
The economy of Istanbul is growing. In fact, the past five years have seen growth rates average around 7.5 percent. This makes it is one of the fastest growing economies from a Gross Domestic Product point of view. By the year 2025, Istanbul should have the 14 highest GDP growth in the world. Much of this will be fueled by a property sector that is seeing a record number of condominium and apartment complexes being built.
Turkey has also opened its borders. Not only is it easier than ever for foreigners to buy real estate, but the number of visitors and tourists also continues to increase year after year. This demonstrates a sincere interest in Istanbul on the part of foreigners, which bodes well for future property values. From an investment perspective, prices still have not peaked in Istanbul. This means that great buys can be had today, with an increase in equity the near-certain result in the future.
What Are Some of the Best Areas to Invest in Real Estate in Istanbul Turkey?
Istanbul might be one of the oldest cities in the world, but it is still growing. Because of this rich history, many areas are worthwhile to invest in from a real estate perspective. From the area surrounding the new airport to the residential area of Pendik and points beyond, there is great potential all around the city. The best part is that foreigners can purchase property in most areas, making this a popular region from an investment perspective.
The airport in Istanbul is brand new as of 2018. It is designed to the biggest and most efficient in the world, and the area surrounding the airport has been under development for a few years now. With the availability of a new metro line nearby, property values will only increase in the long term. This is a great place to live, as well as to buy an investment property.
One of the most popular areas of Istanbul has long been Kadikoy. This is a place that gets a mix of students, business people, and tourists. You will find a street bazaar that is famous the world over, making this is an area that people want to buy in. There are more than 7,000 properties sold in this district alone every year.
Some other areas to consider investing in real estate in Istanbul include Sanyer, Beylikduzu, and Pendik. Each offers a host of advantages to local and foreign buyers alike.
We are committed to offering our customers with high-quality services, especially when it comes to the consultation that only experts can provide. After almost 12 years since the company was established, we saw that our sales increased up to 40%. It is because more and more clients have come to trust the name of our firm over the years.
We aim to not only make the company well-known, but it is our goal to ensure our clients get the highest return on investment. We have real estate agents who have dedicated themselves toward helping the customers achieve their profitability targets. As we see that these individuals have reached their goals, it inspires us to perform even better so we can assist more clients than ever.
With new methodologies, it was easy to shun the traditional and non-effective models of how managing and purchasing real estate properties were practiced. Our agents are knowledgeable, influential, and real experts who have the essential contacts to secure clients with better representation and a competitive edge.