Why Buying Land From istanbul?
Why Buying Land From istanbul?
In recent years, the expense of both enterprise and property prices has decreased as a result of an economic recession on the immobilization and new housing sector in Turkey. However, this situation offers investors great opportunities in Istanbul and even in Turkey to buy land. This is also the perfect time to invest in Istanbul real estate. Istanbul is one of the perfect cities in the world, if you're looking for a main house, nice buildings, a secondary property, a condo, hotels, vacation homes or just a rental purchase.
Istanbul is an attractive, thrilling and vivid area that you won't be forgotten whether you buy a resident house, an apartment, a holiday home or come to live here. This is a great way of living in the pretty and prestigious communities of the capital. The town is an outstanding blend of Asia and Europe. The city is the oldest and largest financial and cultural hub in Turkey. The vast city has 15 million inhabitants, and it is also one of the top 20 cities in the world which has most visitors.
Why Should You Buy Land in Istanbul?
We can give lots of reasons, but here are few most important ones about why you should buy real estate in Istanbul
First of all, Istanbul and around offer many excellent projects for sale with highly fair price, which offer investors a very high investment return, for newly constructed condos, houses, apartments and holiday homes and luxurious villas and land with sea or mount views. For buyers from all countries, Istanbul's property market is very lucrative. Secondly, Istanbul property is one of Turkey's finest properties which will surely be enjoyed by owners, and investors will enjoy plenty of rental opportunties and income prospects.
Next, Istanbul and its vicinity deliver sun and sea, magnificent views and lovely historical landscapes, welcoming citizens, value for money, freehold homes, low living costs, future EU accession and fantastic potential investments. Finally, buying an estate in Istanbul is an excellent investment because the area provides very fair rates for international buyers in particular. Approximately one hundred percent have grown over 10 years in average price of homes, villas and apartments in the city. The Turkish lira is still something to watch for. Turkey's Lira fell over a year, meaning that big foreign currencies are more expensive than the TRY as a percentage of 40. While real estate prices in Istanbul have dropped simultaneously, it will benefit mostly foreign investors twice.
Where To Buy Land in Istanbul?
In the center of the city, the European and Asian Bosporus neighborhoods, luxurious residences and households are the most expensive. Variety of new buildings are mainly constructed in high-rise tower complexes with shopping centers, restaurants and much more under a single roof attracting Turkish investers.
On the other hand the most costly districts in Istanbul are Besiktas, Bakirkoy, Kadikoy, Beykoz, Sariyer, Adalar, Uskudar, Sisli, Zeytinburnu and Beyoglu. The most renowned areas of Istanbul are the districts of Bebek, Etiler, Ulus, Fenerbahce, Caddebostan, Suadiye which Atasehir and sell very good prices compared with the comfort of luxury new tenants, homes and apartments that are found in Europe or elsewhere. Beylikduzu, Avcilar, Sancaktepe, Silivri and Catalca (by order) are the cheapest districts in the suburbs of Istanbul.
These were some of the reasons and information about buying land in Istanbul. There are lots of reasons to buy realestate in the city of culture and history, but it depends on you where you are going to buy the land and what you are going to do with it. For more information about the buying process, check our article about the process of buying property!