Advantages of buying an apartment in Istanbul
Many advantages push any investor or person wishing to settle down to buy an apartment in Istanbul, and the following is a summary of the most prominent of these motives and reasons:
- Obtaining a real estate residence in Turkey.
- If a property worth 400 thousand dollars is purchased, an application can be submitted for Turkish citizenship and thus obtaining a Turkish passport.
- If you do not want to settle within the purchased property, it is possible to rent it and thus secure a stable and guaranteed income with high profits
- Well-off living within a comfortable environment in which it is possible to settle down and think about the future of the family and children, especially at the academic level, where international schools and universities with high ratings are available in Turkey.
- Real estate prices in Turkey and low cost of living compared to European countries, with a strong infrastructure environment, high quality, and all services
- Conservative environment close to eastern customs.
Important tips before buying an apartment in Istanbul
There are a set of necessary tips before buying an apartment in Istanbul that we have compiled for you as follows:
- The location of the property and the characteristics of the building play the main role in making the right and appropriate choice. It should also be noted that the home property to be purchased is suitable for the housing system (regulations).
- Determining the appropriate budget and adhering to it to ensure that there are no financial problems when purchasing the property, especially in the case of buying the property in installments, the possibility of making the payments on time should be studied.
- It is recommended to choose a property in the areas under development because the real estate prices within them will increase with time.
- It is better to avoid crowded and central areas as they are expensive, and therefore to get a property with good features, lower price, and higher profit, it is necessary to stay away from the central areas
- Constant access to real estate studies and statistics, by investors, plays an important role in choosing the most appropriate price. Studying the real estate market situation and following up on its developments contributes greatly to choosing the optimal property.
How to buy an apartment in Istanbul
The right choice of property is a major reason for a successful real estate investment. Therefore, it is necessary to focus on a group of essential factors when buying a property in Istanbul, the most important of which is choosing the appropriate location and specifications of the property. It is necessary to review the characteristics of residential real estate and identify the characteristics that achieved investment success for investors and led to a doubling of profits, and the areas that embrace the best real estate should be studied…