Buy Property in Istanbul can be a landmark due to its growth with many opportunities. When you have a home there or planning to shift then you can get property there to enjoy in the upcoming future.
Istanbul is a city that has been on the map for centuries, and it’s not going anywhere anytime soon. The population in Istanbul continues to grow year after year, and with this growth comes more opportunity. If you are thinking about making Istanbul your next home, we want to share some of our favorite reasons you should buy property in Istanbul.
Reasons you should Invest in Istanbul Property
Here are a few of the reasons you should invest in Istanbul real estate:
1- Foreign investment
The Turkish economy has been regaining strength over the last few years. With an increase in foreign investments, it is no surprise that there are more opportunities to invest in Istanbul real estate. The country’s strong economic performance has allowed many foreigners to benefit from tax breaks when buying property in Turkey.
This incentive makes investing very attractive for investors looking at long-term returns on their money. It also means that they can use rental income or resell properties for a profit. Besides, you don’t need to pay capital gains taxes if held for three years or more.
This preference extends beyond Istanbul and will remain even after new laws come into effect this year regarding non-residents selling a property back home.
2- Istanbul is not just one city
The huge size of Istanbul makes it a great place to invest in property. The metropolitan area has over 15 million. It will continue growing as more people move from rural areas into urban ones for work opportunities. It means that the economy will grow, increase real estate prices, and make buying property an excellent investment decision.
Property development companies are some of the biggest investors in Istanbul real estate, with many new projects underway all around town. There were 14 major developments completed last year alone.
These include luxury hotels such as Raffles Hotel Sisli and InterContinental Regency Katarina Towers near Taksim Square on Bosphorus Boulevard, providing excellent investment opportunities.
3- Istanbul is becoming more international
The city has become very popular with investors from all over the world. It’s no surprise, considering how easy it is to do business in this part of Turkey. It can offer great opportunities for those looking at real estate investments as a way to make some extra money.
With many visitors coming every year and new luxury developments increasing throughout town daily. There are plenty of reasons why you should invest now before prices start going up again.
It may seem like an impossible dream, but you could see your assets grow exponentially within a few years by investing your money into property in Istanbul right now. If you want to find out what options are available for you, head to our website today!
4- Location, location…
If there is one thing that Istanbul has in abundance, it’s great locations. Whether you are looking for a holiday home by the sea or something more commercial on business-friendly streets – we can help! We have agents all over town, and they know just where to find what you’re looking for, so don’t hesitate to get in touch today.
For those of you thinking about buying property in Istanbul: Why not take advantage of our free consultation? Just fill out this simple form with your requirements, and we’ll be back with some ideas as soon as possible.
5- Istanbul is a melting pot
With so many cultures and ethnicities living side by side in harmony, it’s no wonder that Istanbul has become an attractive investment option. The great thing about the culture here is that everyone gets along perfectly well. It means you can enjoy all of its benefits without worrying about crime or safety issues.
There are plenty of places to go for entertainment, including nightclubs, bars, and cafes – catering to every palette imaginable. So if you’re looking for something more exotic than London or Paris when buying property in Turkey, then look no further.
To find out more, send us your inquiry today with a few details regarding your requirements, and our agents will get back to you as soon as possible.
We are excited to offer you some amazing deals on property in Istanbul, so be sure not to miss out.
We have options for all types of budgets and needs, including brand new luxury apartments with panoramic views of the sea or stunning mansions overlooking the Bosporus Strait.
From simple studio flats to fully-furnished homes with high-tech amenities at every turn, we’ve got everything covered for investors looking for their next big deal.
Why wait? Click here now to see what’s available!