Why buying real estate from Istanbul?

Gokce Nacar

Dec 24 641 read

Why buy real estate from Istanbul?

This question that may come to your mind when thinking about buying real estate outside your home country, turns your eyes towards the international cities that are most suitable for your choice, whether to live or investor to obtain certain advantages by buying a property in this city. The city of Istanbul, located between the continents of Asia and Europe, is unique Therefore, today it has become a destination for many foreign and Arab investors to buy a property, and the real estate market there has turned into a magnet attracting capital, businessmen, those looking for investment and profit, and even those wishing to live, residency and other advantages.

What distinguishes Istanbul?

Before starting to answer your question: Why would I buy an apartment in Istanbul, let us take you on a quick tour of the most important advantages of Istanbul, which made many think about it seriously for real estate ownership, investment, residence, and work:

1. The city of Istanbul is very large, providing many opportunities related to human resources, as it is the largest city in Turkey and the second-largest city in the world in terms of population.

2. The area of Istanbul is about 5460 square kilometers, and the land area is more than 5,300 square kilometers, while the area of the central city is about 1830 square kilometers, and it has 39 municipalities spread over the European and Asian parts of the city.

3. Istanbul is a central city, not on the level of Turkey, but the regional and global level

4. It is considered the economic capital of Turkey and the most attractive Turkish city for capital from inside and outside Turkey

5. Istanbul provides job opportunities for about 20% of the workforce in Turkey, contributes more than 22% of the Turkish national income, exports more than 55% of Turkey's exports, and collects about 40% of state taxes in Turkey.

6. Istanbul has ideal elements for tourism and is visited by millions of tourists annually About 1 million foreigners live in Istanbul, in addition to 14 million Turks

7. Istanbul is the gateway for Europeans to the East, and it is the crossing for Asians and Africans to the West

8. A cultural capital in every sense of the word, with a variety of cultural events and activities

9. It has 49 universities, 9 of which are public and the rest are private

10. It has about 30 hospitals, most of which are government hospitals, in addition to dozens of Turkish and Arab health centers

11. It has a large number of Arab and international schools

12. It has about 40 commercial malls, including huge and internationally known malls, such as Jawaher Mall

Why invest in Istanbul apartments?

1. In terms of tourism investment in Istanbul apartments, you are in a city that receives more than 25 million tourists a year, and it has all the elements of tourism, in addition to Istanbul Airport, which is equipped to receive more than 90 million passengers a year. These people need tourist and hotel apartments. It is your opportunity to invest.

2. As well as investing in an apartment in Istanbul as a student housing, for example, Turkish universities are full of foreign students who want to live in comfortable and quiet homes that achieve the ideal study atmosphere. Also, this is an ideal opportunity.

3. You can also establish a company in Istanbul, open it in an office equipped with the best services, or open a restaurant, cafe, school, or any other type of real estate investment, all of which can be easily achieved in Istanbul