The prices of villas in Istanbul are very competitive in the real estate market
Buying property in Turkey is one of the best investment decisions that you can make as a foreign investor, as the real estate market in Turkey has features and factors that make it the leader in the real estate investment sector around the world, and many investors prefer real estate in Turkey without From others, because it is considered a guaranteed way to achieve profits and investment returns quickly, and the most important thing that distinguishes Turkey’s real estate is the great diversity of options it offers to investors, and one of the most distinguished of these types is the luxury real estate in Turkey, the most famous of which are the villas in Turkey and you own various cities Turkish are ideal areas for buying villas in Turkey, but Istanbul, in particular, is considered the best place for those wishing to buy villas in Turkey.
Prices of villas in Istanbul:
The most important thing that distinguishes real estate prices in Turkey, in general, is the great competition that it enjoys when comparing its prices with real estate prices in neighboring European countries, and the prices of villas in Istanbul are not different from them, as they are also considered very competitive prices compared to the prices of villas in other countries. Europe and what distinguishes it and attracts foreign investors to it instead of that European real estate is its low prices in general, especially the prices of villas in Istanbul, which makes it an irreplaceable deal for many of them, as you can get a property in Turkey with much higher specifications What you can get for the same price in neighboring European countries.
Factors that determine the prices of villas in Istanbul:
* The location of the villas in Istanbul:
Istanbul is the largest Turkish city in terms of area and has the largest population among them, which means that there are many and many areas that provide places to buy property in Istanbul, and that each of these areas has features and ingredients that directly affect the prices of villas in Istanbul, as the location in which the villas are located in Istanbul is the most important factor in determining their price, especially near or far from the location of the villas from the center of Istanbul. This plays an important role in determining their value. This is noted when comparing the prices of villas in Istanbul. Within the city center villas in Istanbul are located in the outskirts or outskirts of Istanbul, the first of which has significantly higher prices than the second.
The neighborhoods of villas in Istanbul are also a key factor in determining their price, as the presence of historical and tourist landmarks, the fact that the villas are located within a historical area, or owning villas in Istanbul with a sea view, means that their price has certainly increased significantly, as it has a high market value, due to the high demand on her.
* The general condition of the villas in Istanbul:
The prices of villas in Istanbul are directly affected by the condition of the villa when it is purchased. For example, the villas under construction are usually of relatively lower prices compared to the villas in Istanbul that are ready for housing, and many investors in the villa under construction find a golden investment opportunity. Because it provides a greater margin to achieve investment returns, as well as it provides a greater possibility of a rise in its price in the future.
*The area of the villas in Istanbul:
It is obvious that the area of villas in Istanbul play an important role in determining their prices, as the price rises steadily with the increase in the area enjoyed by the villas in Istanbul, but attention must be paid in this regard to important details such as protrusions, net area, and total area, as well as Internal division, as these details are also important and have a major role in the rise or fall of the prices of villas in Istanbul.
* The luxury of finishes for villas in Istanbul:
The concept of finishes for villas in Istanbul can be explained as the last stage of the construction process, which is represented in the details of the walls, floors, and ceilings, as well as the ceilings of the villa. It can be said that the finishes are of great importance because they will later be the facade of the villa and the apparent surface of each part. Parts of this villa, whether internal or external.
And the level and quality of the finishes for the villas in Istanbul can be controlled, as well as the extent of their luxury and spending on them by choosing the supervisor of their construction, so we find that it is directly involved as a factor in determining their price.
* Supply and demand for villas in Istanbul:
The extent of the discrepancy between supply and demand is a key factor in determining the price of anything and the various investment sectors, not only villas in Istanbul, as they, like other goods, are directly affected by the law of supply and demand, meaning that the availability of supply significantly will automatically mean a decrease The prices of villas in Istanbul and vice versa, on the other hand, are true, i.e. the scarcity of villas in Istanbul will mean that the prices of these villas will rise automatically.
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