Posted in:

Guide to Investing in Istanbul Real Estate

In 2023, property investment in Istanbul is one of the most promising areas of interest for many investors from all over the world. The city is located at the junction of two continents and its picturesque architecture complements the overall picture of one of the most comfortable cities to live in. As more investors are eyeing this dynamic city for potential real estate opportunities, it’s essential to find trusted sources to navigate the burgeoning market. One such reliable platform for property projects in Istanbul is decosta.group https://decosta.group/projects/country-turkey/city-istanbul/. The unique Turkish flavor, delicious folk cuisine, and superb landscape outside the window create an impressive backdrop for the intense life pace in the big city.

Recently, the market has almost doubled and prices have diversified following current trends. The cost of housing in the city center is relatively high, but this is compared with the largest metropolises on the planet. On the outskirts, life is inexpensive, so the city experiences an influx of tourists and those wishing to purchase housing for permanent residence.

Real estate in Istanbul. Investment opportunities and advantages

Government support for the real estate market has provided a huge service to investors by making the market more liberal and allowing persons with foreign citizenship to inject significant capital into the development of the city, thereby expanding its infrastructure and making it a real pearl of Eastern Europe, a gateway to the Orient.

  • The market for apartments and private houses is expanding along with the hotel infrastructure, allowing the city to receive more visitors from all over the world every year. There are many hotels in the city and thanks to excellent service, each rental residence has a unique design, which attracts a large number of businessmen to the city. An intermediate stop in Istanbul on the way from Europe to Asia and back is a guaranteed chance to spend an unforgettable weekend in one of the most colorful cities in the world;
  • Investments in real estate have become one of the key areas of activity for large tycoons and investors from all over the world, guaranteeing profits within a relatively short period of time. The unique model of government support provides businesses with a fairly broad framework of capital injection, allowing the city to constantly grow. The historical areas of the city alternate with new buildings, creating a futuristic look and colorful shape. Comfortable life in the heart of the East with a view of Europe – what could be better for a businessman?
  • The proximity of Cyprus and the developed banking infrastructure guarantee support for foreign capital. Purchasing real estate within the city has a quick procedure and the transaction is closed within a minimum period. This makes the city very attractive to foreign investors, makes them invest in Istanbul property, guaranteeing a constant source of profit for large businesses.

Advantages of living in Istanbul

First, let’s consider the main advantages of Istanbul investment. Property in the capital of Turkey is reasonable for diverse types of residents as it is one of the most visited cities in the world. Thanks to the unique traditions and atmosphere of the Middle East, the city is visited annually by millions of tourists from all over the world.

The surrounding landscape will provide a breathtaking view if you purchase housing on the outskirts of the city. The calm atmosphere and constant development of the city provides a comfortable life, clean air and creative inspiration, which is extremely interesting for designers, IT workers and businessmen.

Families with children can take advantage of a large number of public and private schools, both with a general educational program and various specializations. The city is famous for its musical component – a large number of music schools allow the city to sound unique, complementing traditional oriental colors with a long accompaniment of melodic compliments. Your children will be happy.

High-quality medical care and a developed entertainment infrastructure allow the city to remain one of the world leaders in terms of quality of life. Remaining one of the oldest cities in the world, Istanbul today delights with all the colors of technological progress – traditional bazaars have long used digital banking systems, and the unique Turkish architecture, with many mosques and other attractions, is adjacent to glass sculptures hundreds of meters high. Housing in almost any style can be quickly found and purchased at a low price – the assortment of real estate in Istanbul investment market is incredibly wide and provides almost any type of housing at a traditionally reasonable price for Turkey.