best places to buy a property in Turkey in European Istanbul
The Best City to Buy Property in Turkey; Istanbul
When the investor market is evaluated in general, it is seen that one of the safest and least risky investment tools for investors is property investment. In a world where living conditions and standards are changing rapidly, it has been observed that people tend to invest in real estate with the desire to secure their future. For this reason, property investment is seen as the best and most reliable investment tool for the future of people.
Turkey is a country that is in extraordinary demand by foreigners in the real estate market with its location in the center of the world, stable economy, and luxury, and affordable housing projects. The number of foreign investors who want to invest in real estate in Turkey, especially in Istanbul, is increasing every year. Most foreign investors prefer to invest in housing in Istanbul. As one of the largest metropolises in the world, Istanbul attracts thousands of local and foreign people with its unique trade and business opportunities. With the increasing population, the need and demand for housing in Istanbul have also increased. In the face of these increasing needs and demands, the construction sector in Istanbul has shown great development and the number of real estate for sale in Istanbul has increased to a great extent.
Investment in Istanbul Properties
Real estate investment, one of the most reliable investment tools, is one of the most preferred investment types. Real estate investment, which is one of the investment types with the lowest risk and the highest return, is one of the most popular investment tools. There are a few important points that investors who are considering purchasing investment property should pay attention to. While investing;
- You should determine your budget and wishes well
When you decide to invest, one of the most important aspects to consider is setting a budget. While determining the budget, the payments for the real estate to be purchased must be at a level that will not lower your standard of living. For this reason, you should determine the amount you have and the number of installments you can pay. It is also important to be clear about your wishes.
- You must determine the type of real estate you want to invest in
It is of great importance in determining the type of real estate you want to invest in.
It is of great importance that;
- If you want to buy a house to earn rental income, its central location and proximity to transportation facilities,
- If you want to buy commercial real estate, central location, being in an area with heavy pedestrian traffic,
- If you want to invest in land, it should be a place with high development potential, far from the center but promising.
- You should choose the location for investment very well
The most important issue that an investor who wants to invest in real estate should pay attention to is the choice of location. An investment made in the wrong location can prevent you from making high profits. For this reason, location selection is the most important stage of real estate investment.
The best places to buy a property in Turkey in European Istanbul
Istanbul is the city most preferred by those who want to invest in real estate in Turkey. With the countless opportunities and possibilities, it offers, Istanbul is the best city in Turkey to invest in real estate. In this article, we evaluated the best places on the European side of Istanbul for those who want to buy real estate in Turkey.
Basaksehir is one of the most preferred districts of Istanbul for housing investments, which have shined in recent years. It is a peaceful living space close to everywhere, away from the noise and crowd of the city, but with advanced transportation options that can be easily accessed. Luxurious Basaksehir properties with spacious apartments built in large residential areas attract great attention from domestic and foreign investors. It is mostly preferred because it is close to Istanbul Airport and Istanbul Canal Project. Due to its proximity to giant projects, it offers high-profit investment opportunities.
Avcilar is a rapidly increasing district of Istanbul, where urban transformation works are progressing rapidly. The face of the district is rapidly being renewed and changed with the urban transformation works. It is also the starting point of the Istanbul Canal Project, which will be the first bridge foundation to be laid on June 26, 2021. The district, which will gain great value with the completion of the project, offers high-profit investment opportunities to investors.
Arnavutkoy is one of the greenest districts of Istanbul with the lowest construction rate. There is rapid urbanization work in the district, which is developing with huge investments. Istanbul Airport, which will be the largest in the world when completed, is located in the Arnavutkoy district. In addition, the endpoint of the Istanbul Canal Project is again in Arnavutkoy. On 20 June 2021, the first bridge foundation of the project will be laid in Arnavutkoy. Today, the district, which has land and residences at very affordable prices, offers investment opportunities that promise great profits in the future.
- Bagcilar/Kucukcekmece (Basin Express Road)
The surrounding of Basin Express Road, which separates Bagcilar and Kucukcekmece, is a rapidly changing and developing region. There are many luxury shopping centers (Mall of Istanbul, Turkey's largest shopping mall), business centers, and branded housing projects in the region. It is possible to find affordable housing and commercial real estate in this part of Istanbul, which is nominated to be the new business and life center after Maslak. When the transformation of the region is completed, it is expected that its value will increase, and housing prices will increase.
It is one of the districts of Istanbul where urban transformation works are progressing the fastest. Foreign investors mostly buy real estate from Esenyurt in Istanbul. Esenyurt is developing and gaining value every year with its urban transformation works. In addition, the surrounding districts such as Basaksehir, Avcilar, Beylikduzu, and Kucukcekmece are regions where large investments are made. For this reason, investments to be made in Esenyurt today are considered an investment opportunity that will provide great profits in the future.
Kagithane is one of the central districts of Istanbul. In recent years, major urban transformation work has been carried out in the district, which is rapidly developing and being renewed. The district, which attracts great attention due to its proximity to historical and touristic places of Istanbul, is frequently preferred by investors.
In this article, we talked about the best places to buy a property in Turkey and European Istanbul for investors. Especially the European Side comes to the fore in real estate investment in Istanbul, which offers high-profit investment opportunities in the medium and long term. If you want to buy a property in Istanbul, you should get help from a professional real estate agent and determine the most suitable investment region for your budget and wishes. Diyar Turk Real Estate is always ready to assist you in your investment process in Istanbul with its pre-sales and after-sales services. You can contact the experienced real estate consultants of Diyar Turk Real Estate to learn more about the best regions for investment in Istanbul.