Istanbul has become among the most attractive cities for investment in Turkey, as a result of its distinctive geographical location and ancient history, as well as the availability of many modern facilities and services. Because the need for modern commercial and office spaces increases day by day, it has become possible to find many offices for sale in Istanbul. To buy the most suitable office for you, in this article, we will present to you the most important characteristics and features of offices available in Istanbul.
Advantages of buying offices in Istanbul:
One of the main advantages of buying offices in Istanbul is the high investment value, as investors can obtain high financial returns through renting or simply using the office for their commercial purposes. Offices in Istanbul are also distinguished by their excellent location in the city center, which connects the East and the West and attracts business owners and smart investments.
Offices in Istanbul also provide many services and facilities that facilitate investors' daily needs, such as nearby public transportation stations, parking lots, and outdoor places for eating meals. Moreover, offices in Istanbul feature modern designs and advanced equipment that make it easier for company leaders and employees to work with high efficiency.
Rentability of offices in Istanbul:
Istanbul is known for offering offices of different sizes, locations, and designs for rent. Clients can obtain additional services such as real estate insurance and rehabilitation.
Here are some of the advantages that can be obtained when renting offices in Istanbul:
- Clients can get luxurious offices equipped with the latest technology and furniture.
- Affordable Istanbul offices are an attractive element for investors.
- Istanbul has an accessible international community.
- Istanbul has cultural and Islamic diversity at the same time.
- Istanbul is a vibrant environment for businessmen and opportunities to work in different fields.
Prices and real estate evaluation of commercial offices in Istanbul
- The high demand for commercial offices in Istanbul affects their high prices, and this demand may be related to the area in which the office is located, the type of work taking place in it, or the prices charged to clients there.
- Real estate evaluation is one of the factors affecting the determination of the price of commercial offices in Istanbul, and the financial value of the office is determined based on the evaluation method that was applied.
- Medium companies need an office space ranging between 25 and 50 square meters, while large companies need an office space ranging between 50 and 100 square meters, and may sometimes exceed these spaces.
Offices for sale in Istanbul in installments:
Most commercial properties in Istanbul are offered for sale in installments to make it easier for investors to purchase them and obtain long-term investment returns.
Istanbul includes important commercial areas such as Bayrampasa, Taksim, Taksim Square, and others. If you want a good investment opportunity, you must choose a suitable location.
The appropriate space must be determined for the planned purpose. A small space may be sufficient for a specific purpose, while large institutions may need larger spaces.
Your office, whether small or large, is considered your workplace and part of your wealth, so you must be careful to choose a safe place equipped with advanced security systems.
Care must be taken to choose an office that has a professional interior design and is suitable for commercial purposes.
A commercial office should be chosen with basic services such as internet, telephone, electricity, water, and sanitation, to ensure the best working environment for tenants.
You should check the real estate valuation of the office you wish to purchase to ensure that the asking price is reasonable and in line with the actual real estate value
You must ensure that there are flexible and appropriate payment options in terms of schedule and initial amount of payments
It is recommended to obtain professional real estate advice from a reliable real estate company before making the final decision if the party is unfamiliar with the commercial real estate market in Istanbul.
Disadvantages of buying offices and commercial real estate in Istanbul
- Commercial real estate in Istanbul has very high prices compared to many other cities in the world.
- Istanbul has business districts that face problems with traffic congestion and the provision of public services.
- Buying real estate offices in Istanbul requires complex legal procedures and this may cost companies more money and time.
- The overall political stability in Türkiye poses a challenge to international real estate investment.
Steps to buy offices in Istanbul:
- You should determine the office location and preferred area for you and your business, as well as the office sizes you are looking for.
- You must search carefully for the offers that are suitable for you and available in the market.
- You should determine your budget and see if it is enough to buy the right office.
- You should look for a reliable and experienced real estate broker to assist in the purchasing process.
- You must review all legal and tax documents related to the office you want to purchase.
- You must negotiate the price and try to reach an agreement that satisfies both parties.
The best areas of Istanbul to buy offices
- The Levent area in Istanbul is considered one of the best areas to buy offices, as it is located near the city center, surrounded by many facilities and commercial areas.
- Sisli district is located in the European part of Istanbul and is one of the city's most important commercial and financial areas. The area also features many modern and advanced buildings that provide luxurious, high-standard offices.
- The Maltepe area is located on the Asian side of Istanbul and is characterized by calm and tranquility. The area also provides a large group of offices that meet the needs of various commercial and financial activities.\
- Atakoy district is one of the best areas to buy offices in Istanbul. The region is characterized by cultural and linguistic diversity and also includes a large number of commercial and financial centers
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