What is the reason for the increase in demand for Istanbul real estate
Last Updated: 2023-07-27What is the reason for the increase in demand for Istanbul real estate
When talking about real estate in Turkey and real estate prices in Turkey as a main topic, we are in front of a wide range of options, addresses, prices and real estate systems, so how if our topic is about real estate in Istanbul? It is one of the most active real estate areas in Turkey?
The subject of selling real estate in Istanbul is one of the popular and strongly discussed topics due to the combined elements in Istanbul real estate _Turkey_, which made buying an apartment or any property in Istanbul;
Let us explore the most important reasons behind this phenomenon as follows:
Real estate in Istanbul is characterized by many features and characteristics that make it an achievable dream and a profitable and prosperous investment project, and these characteristics formed the main factors that were the reason behind making the sale of Istanbul real estate increasingly recognized:
The law of granting Turkish citizenship to foreign investors through real estate investment or buying a property in Turkey
This law has been one of the main factors behind the increase in real estate sales in Istanbul and Turkey in general, as it has been a great attraction due to the importance of obtaining the Turkish passport, and the ease of obtaining it through real estate investment on the other hand.
How can you obtain Turkish citizenship by buying a property in Turkey?
This is done by buying a property in Turkey, and not selling it for three consecutive years, provided that the price of the property is (400) thousand US dollars or its equivalent according to the currency exchange rate, and you can buy more than one property in more than one place in Turkey or Istanbul, meaning that this process is not required to buy only one property. The Turkish naturalization law through real estate investment was considered one of the smooth ways to obtain Turkish citizenship and enjoy its advantages, in addition to establishing a profitable real estate project in Turkey, and this law has contributed to making the movement of sales of Istanbul and Turkey real estate in general a remarkable increase.
Quality and high efficiency of real estate in Istanbul Turkey
All real estate in Turkey is witnessing a remarkable renaissance, and the quality in building materials and methods used is one of the most important things that earns real estate in Istanbul a good reputation, efficiency and sustainability.
Services Available in Istanbul Turkey Real Estate
The services available in Istanbul real estate are one of the most encouraging for stability and housing, and thus increase the demand for them, and we mention these services: delivery, cleanliness, protection, security, safety, and proximity to the main public roads and modern and fast means of transportation.
The appropriate standard of living contributes to the increase in real estate sales in Istanbul
The Turkish state of Istanbul has many job opportunities and the standard of living in Istanbul is suitable for many segments of the people, so we find a great trend of residents from around the world towards settling in Istanbul in search of a healthy, high-end and appropriate life, which is reflected in the increase in real estate sales in Turkey.
Competitive prices for real estate in Istanbul Turkey
One of the essential factors that determine the amount of sales and the degree of demand is prices, as real estate prices in Istanbul are very suitable and competitive when compared with similar European properties in terms of specifications and quality, so many investors and residents prefer to search for a property to buy in Istanbul instead of one of the other European countries.
Real estate diversity in Istanbul, increases the percentage of real estate sales in it
Istanbul extends over the continents of Asia and Europe, which gives it geographical, environmental and climatic diversity, and its Asian and European parts are separated by the Bosphorus Bridge, which gives the region a very special importance at all levels in life, so real estate in Istanbul varies, where you can find houses, apartments, shops, villas, lands, huge resorts, hotels, cafes, residential and hotel apartments, and others, not to mention the diversity in the characteristics of each type of real estate, as the specifications of residential properties in European Istanbul differ from Asian Istanbul, for example.
Availability of reliable real estate companies in Istanbul Turkey
Real estate companies in Istanbul are considered the best broker to promote the finest real estate investments, or even buy a property in Istanbul. Where it accomplishes many tasks and steps and coordinates their sequence, as well as works to display the most accurate real estate details, and win the property at the lowest possible price, relying on long experiences and experiences, its wide local and international network of relations, as well as its distinguished and diverse staff, and real estate companies in Istanbul are one of the things that the pioneers of the real estate market in Turkey need, due to the diversity of real estate and the multiplicity of options available.
According to all the above factors, Istanbul has formed the appropriate ground that real estate investors and residents are looking for and have come to it from all sides and directions, and Istanbul is crowded with real estate and investors and is witnessing a daily increase in real estate sales in it despite various local and global political and economic conditions and fluctuations.
Istanbul real estate - Turkey has become a safe haven for many investors, and the history and real estate present in Istanbul testify to the success and leadership of real estate in it
Editorial Mersat Real Estate Team©
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