Do you think real estate in Istanbul is limited? So you are very wrong because the real estate market in Istanbul is one of the richest real estate markets in the world and in this article the full details of this matter.
Learn about the types of real estate in Istanbul.
Through the following paragraphs, we will talk about the most famous and important real estate options in that city, highlighting its most important aspects and the motives that encourage its selection.
Residential real estate
Residential properties in Istanbul are diverse, offering something for everyone. For those looking to buy an apartment, there are standard apartments located in popular neighborhoods where one can find a variety of amenities and services.
For those looking for a luxurious and modern lifestyle, there are modern apartments located within residential complexes, which come with many amenities such as security systems, reception, cleaning services, sports fields, swimming pools, Turkish baths, saunas, steam rooms, children's playgrounds, event and meeting halls, restaurants, cafes and more.
For those wishing to live in a more rural setting, there are villas nestled in remote locations near forests and seas, complex villas that share an entrance, pool, and garage, and for those seeking the ultimate luxury experience, there are penthouses in grand buildings and glass-walled skyscrapers to offer stunning panoramic views.
For families consisting of large numbers, there are duplexes and three-story apartments with multiple rooms, bathrooms, kitchens, and living areas.
Commercial real estate
Commercial real estate in Istanbul is incredibly diverse, from shops and shops to offices, companies, hotels, restaurants, cafes, schools, and educational bodies.
Shopping malls are particularly popular, as they offer a wide range of services, facilities, and attractions. Shops and shops are ideal for those looking to open their own business in the city, while offices are ideal for businesses such as law firms, real estate agencies, and more.
Companies such as import/export companies, real estate companies, and insurance companies can be found in buildings across the city, hotels offer customers a range of services with star ratings varying from two to five stars, and restaurants and cafés are found everywhere from public streets to shopping centers.
Schools and educational bodies are widely available in Istanbul, including private, Arabic, and international schools as well as language institutes and training centers. With so many options available, it is no wonder that Istanbul is a popular destination for commercial real estate investors and businessmen.
Industrial real estate
Industrial real estate in Istanbul is an attractive option for those looking to invest in the city. It consists of factories, warehouses, other buildings, and land used for industrial purposes. Many of these properties are located on the outskirts of the city, giving investors access to the land and resources they need to produce goods and services.
The city also offers a range of industrial parks, providing businesses with access to well-equipped buildings, including warehouses and distribution centers. These parks are often located near major transportation lines, making it easier to move goods around the country.
Istanbul also offers investors a set of incentives to help them grow their businesses and get the most out of their investments. For example, some industrial zones are designated as places only to establish those businesses and offer tax exemptions, in addition to other benefits such as lower electricity costs. In addition, Istanbul has invested in Infrastructure projects such as ports and airports, making it easier for investors to obtain the materials needed for their business.
Agricultural real estate
Agricultural real estate in Istanbul is an attractive option for those looking to invest in the city, as the city offers a variety of agricultural real estate, such as farms and orchards.
Farms are usually found in rural areas, far from city centers, and provide a great opportunity for those looking to buy land and grow crops. Orchards are also very popular, as they provide many opportunities to produce fruits and vegetables.
Advantages of buying real estate in Istanbul
Istanbul is one of the most sought-after cities for real estate investment due to its excellent investment environment and its many advantages, as the Turkish government offers generous incentives to foreign investors, which makes it an attractive option for those wishing to invest in real estate. The total number of home sales to foreigners increased to 58,576 homes in 2021 and continued at that pace. Rather, it increased in the current year and is expected to achieve higher numbers in the coming days.
Modern means of transportation are easily available and make transportation to and from schools and universities easier for students. International universities and famous tourist attractions such as the Hagia Sophia Mosque, Sultan Ahmed Mosque, and Topkapi Palace are located in Istanbul.
There are also many investment opportunities available such as warehouses, commercial offices, and factories that provide good returns on investment. Foreign investors prefer investing in Turkey over other European and Asian countries due to the high growth rate of house prices by 25%. Real estate investment is considered safer than other investments due to the increase in demand due to population growth as well as potential profits from the resale of real estate.
The most famous areas of Istanbul to buy an apartment
Esenyurt is one of the cheapest areas of Istanbul in terms of housing, with its relatively low prices compared to other regions and contains a diverse mix of different Arab nationalities and has multiple options for housing, including regular apartments and popular places, including upscale neighborhoods and luxury residential complexes, and the average apartment price is about 700 thousand Turkish liras with an area of 100 square meters.
Avcilar is distinguished by the passage of the Metrobus line, which is the most important and fastest means of transportation in that city, which connects the region to the city center and extends to the Asian section as well. It contains all the life necessities that every family needs, including schools, institutes, hospitals, shopping centers, and commercial centers.
Are you seeking a unique real estate opportunity in Istanbul? All those in charge of Number One Real Estate Company are fully prepared to provide you with all the assistance you need, starting from searching for suitable offers and ending with completing routine procedures and researching the legal aspect related to it and other details.
Services that Number One Property is proud to provide to its clients:
-Luxury apartments for sale in Istanbul are suitable for obtaining Turkish citizenship and others are suitable for real estate residence.
-The most distinguished real estate within the Turkish real estate market.
-Cheap real estate prices with high quality.
-Taking care of all the steps of buying a property in Turkey.
Our expert, specialized team is ready to answer any inquiries about real estate investment in Turkey. Just contact us to get what satisfies you.
Read Also:
Commercial and Residential Real Estate in Istanbul's Business Hubs
Types of luxury real estate in Istanbul