Istanbul is the capital of Turkey and one of the biggest cities in the world. A populated city where many tourists and global investors are looking to buy property. Since the property market in Istanbul is dynamic, buying a property in this city is recognized as one of the best investments in the world. In the following, we will examine the advantages of buy property in Istanbul as one of the methods to buy property in Turkey.
If you are now planning to buy property in Istanbul, you can find a property that fits your budget and needs by receiving expert advice and full guidance from HausBiz consultants and buy it at the best price and with peace of mind.
Advantages of Buying Property in Istanbul
Buy property in Istanbul is one of the best ways to enter Turkey and live and stay in this beautiful country. Istanbul is a modern and advanced city that is divided into two Asian and European parts. Each of these parts has its own characteristics and advantages, and in recent years, many residential complexes have been built in both parts of Istanbul. In the following, you will get to know some of the benefits of buy property in Istanbul.
1-Real estate market growth: According to recent statistics, the real estate market in Istanbul is growing every day. Property prices in this city are increasing and it seems that this growth will continue. As a result, buy property in Istanbul can bring you significant profit in the coming years.
2-Geographical location: One of the most important benefits of buy property in Istanbul is the geographical location of this city. This city is located between the two continents of Europe and Asia, and it has a very convenient location for accessing other cities in Turkey and neighboring countries. Also, Istanbul International Airport is one of the largest airports in the world, which allows you to easily use it to travel around the world.
3-Installment payment: Another advantage of buy property in Istanbul is that you can pay the amount of the property in annual or monthly installments. This method is suitable for people who are looking to invest in property and want to make their payment in stages.
4-Rent the property: Considering that Istanbul is one of the most populated and trafficked cities in the world, the property rental market in this city is very prosperous. As a result, buy property in Istanbul can provide you with the possibility to rent your property and be more financially productive. Also, considering that the number of tourists and business trips to Istanbul is increasing, your property will be rented quickly and will be profitable for you.
5-Safety: Istanbul is one of the safe cities in Turkey, where the safety of society is very important. As a result, buy property in Istanbul gives you the assurance that your property is located in a safe city. Also, the Turkish government’s efforts to improve the safety of the city for investors make it better and safer for you to buy property in Istanbul.
6-Business opportunities: Istanbul is one of the biggest business cities in the world. With one of the largest stock exchanges in the world, buy property in Istanbul gives you the opportunity to start a new business in this dynamic and attractive city. Also, considering that you can participate in the Turkish market as a foreign investor, these business opportunities will be very attractive for you.
7-Turkish residence: One of the ways to obtain Turkish residence is to buy property in Istanbul. A one-year and extendable stay in Turkey is possible by purchasing a property worth at least $75,000. If you intend to stay in this beautiful and lovely city, you can confirm your stay in the shortest possible time with the help of HausBiz consultants to buy property in Istanbul and go through the necessary procedures to get a residence.
8-Obtain Turkish citizenship and passport: One of the methods that the Turkish government has provided to investors to obtain Turkish citizenship by investment is to buy property in Istanbul. You can get Turkish citizenship and passport for yourself and your family by buying a property worth at least $400,000 in Istanbul.
9-Quality of properties: The properties that have been built in Istanbul in recent years are of very high quality and equal to international standards. These properties offer great indoor and outdoor facilities and have good access to city facilities.
10-Urban facilities: Istanbul is an advanced and complete city that has all urban and recreational facilities. These facilities include all kinds of shopping centers, restaurants of different nationalities, many universities and schools, international airports, transportation facilities such as subway, bus, taxi, etc. No matter where you are in Istanbul, you will have easy access to the basic necessities of life.
Important Points of Buying a Property in Istanbul
If you are planning to buy property in Istanbul now, it is better to make your purchase process easier and shorter by consulting with real estate experts at HausBiz and enjoy your purchase. We at HausBiz assure you to protect your capital by introducing the best and highest quality properties available in Istanbul. Below are some points that you need to keep in mind before buy property in Istanbul.
- Location: The location of the property is very important. Keep in mind that your property must be close to your place of work or study. Also, pay attention to the location of the property in terms of access to city facilities.
- Rules and Regulations: To buy property in Istanbul, you must be familiar with the rules and regulations related to buying property in this city. Before buying, it is better to consult a lawyer and carefully check all the documents related to the purchase.
- Taxes: There are various taxes that must be paid to buy property in Istanbul. It is better to consult an accountant at the beginning of the purchase and carefully check all the taxes related to the purchase of the property. HausBiz does it for you.
- Price: Property prices in Istanbul are very variable. You should carefully check the price of the property and find the best price according to the location of the property, the market situation and other factors related to the price.
- Property amenities: Property amenities are also very important. You should check the facilities of the property according to your needs and it is better to choose a property that has proper facilities in the building.
Overall, buy property in Istanbul is a complex and challenging process that requires attention to detail. By consulting an expert lawyer and accountant and paying attention to important points, you can buy the best property in Istanbul. HausBiz is with you all along this path to provide advice and representation to buy property in Istanbul.