Istanbul is functioning as a historic, cultural as well as an economic and cultural hub that has more than 15 million people living there. It constitutes approximately 20% of Turkey’s total population and has the highest ratio of house sales thanks to its dynamic economy, pleasant climate, smooth functioning public transportation, high-quality infrastructure, and diverse residential-recreational complexes.
The city of today Istanbul is a great place to invest with an abundance of property options that cater to all sorts of budgets and needs in particular, providing a refuge for middle and upper-income households. We have collected a few reasons to consider buying a properties within Istanbul is a smart investment.
1. Receive your Turkish Passport quickly in Istanbul by making a smart investment
If you’re interested in obtaining Turkish citizenship through property investment, Istanbul would be the ideal location for you. The majority of our citizenship applications take place in Istanbul. Because of the large number of applicants, procedures for Citizenship are easy and quick in Istanbul. In addition to getting Citizenship, we’ll be able to provide an excellent investment property specifically targeted for applicants to Citizenship and generating rental income. In addition, you will be able to obtain Turkish citizenship.
2. Variety of real estate options
If you’re looking for modern real estate in luxury towers as well as small apartments for families as well as lightweight units within low-rise buildings, detached homes with spacious commercial establishments, or hotels to invest in, Istanbul has the answer to your needs.
It is important to note that you can choose from many “view” alternatives for homes. With a backdrop of seas and landscapes, Istanbul supply for all preferences. All of these options make Istanbul the perfect choice for real estate investment.
Noting the facilities available in the projects that are located in Istanbul is another essential factor. For residential communities that have on-site amenities, you can find pools, fitness centers sauna and spa kids’ playgrounds, secure parking with a 24 hour guard, CCTV, etc. This increases the value of properties.
According to the latest official statistics from January to June, home sales to foreigners grew by 72.7 percentages compared to identical period of the prior year. It was 35 thousand 383 and with Istanbul being the first in the list.
3. Istanbul is one of the Center of Cultural Tourism
The city is home to many treasures of the past including Istanbul’s Hagia Sophia to Topkapi Palace, Blue Mosque, archaeological museums, and many more, Istanbul abounds in touristic visits annually. There’s a good reason. With a rich culture of food nightlife, shopping, and nightlife opportunities, Istanbul offers more than sightseeing, tying East and West geographically and culturally, thereby offering the best of both of people looking for a country that combines “alaturca” and “alafranga” together. This rich culture certainly contributes to the rise in property prices in Istanbul.
4. Different Districts and Different Lifestyles
Istanbul is a place where you will find a wide range of cultures in terms of lifestyle. Modern and friendly local culture will make you feel at home.
The city is comprised of 39 districts, each distinct to itself, Istanbul has quiet spaces as much as more populated and active ones. Buyukcekmece and Beylikduzu as an example are popular destinations for families because of their peaceful neighbourhood that is surrounded by sea and lake views. Cihangir is the center of bohemian lifestyle with boutiques as well as cozy cafes, old buildings, and late-Ottoman art nouveau and art deco apartments. Levent and Sisli are the major business districts , which are connected with other parts of Istanbul through a variety of modes of transportation. To the Asian area, Kadikoy, Moda, and Bagdat Street are the most well-known districts. Two independent cinemas are located there, Rexx and Kadikoy, and the Sureyya Opera House, Kadikoy serves as the center of culture in Istanbul Asia and even perhaps Asian Cihangir.
5. Public Transportation
Istanbul is a huge city, much larger than many countries. And suppose it wasn’t for the well-developed public transportation system that case, the city could have ended up with poor connectivity between districts and it would have been nearly impossible to move around within the city. Nowadays, Istanbulites have the privilege of taking advantage of a variety methods, such as Metrobus subway, Marmaray, buses, minibuses, boats, trains, trams, big yellow taxis(or smaller buses) with a capacity of 6-7 people sea taxis, as well as many more. The city’s extensive public transportation opportunities offer many ways to explore and appreciate the city and observe its people in different places.
6. Find your countrymen in a global megacity
Because of the high movement rate, Istanbul is a global megacity. Istanbul is a great choice for those who prefer to purchase a home in the same area where their people from their country live. It’s important to know that if you’re planning to move to Istanbul and we are able to assure you that you will never feel like you’re home.
7. A pleasant climate
Istanbul offers plenty of sun-filled winter days, and summers are not too hot, over Istanbul is a warm climate.
8. Rapidly growing economy
Istanbul is the country with the strongest market in Turkey. With its fast-growing infrastructure for international trade and financial services, Istanbul is a regional business hub.
The proportion of Istanbul in the country’s GDP (gross domestic product) is higher than 31%, making it the country’s highest percentage. Additionally, the unemployment rate in Istanbul is the lowest among other cities in Turkey. These two aspects make Istanbul a powerful and fast-growing economy and an ideal choice for investors who want to purchase Istanbul houses for sale.
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