Why You Should Buy Real Estate in Istanbul

With over 15 million inhabitants, Istanbul is a cultural, historical and economic center. It accounts for about 20% of the total population of Turkey and it has the highest rate of home sales due to its dynamic economy, pleasant climate, good public transport, quality infrastructure and diverse residential and leisure complexes.

Istanbul today welcomes its investors with a wide range of real estate options, catering to all possible budgets and needs, especially offering a safe haven for the middle and high income groups. Here, we've rounded up some of the reasons why buying property in Istanbul is a good investment.

1. Get your Turkish passport easily in Istanbul with a smart investment

If you are ready to acquire Turkish citizenship through real estate investment, then Istanbul is the right choice. At Turkey Expert, most of our citizenship applications are processed in Istanbul. Due to the high number of applicants, the naturalization process in Istanbul is smooth and fast. In addition to obtaining citizenship, we can also provide you with quality investment properties that are specially packaged for citizenship seekers and provide rental income. Except for Turkish nationality.

2. Wide selection of real estate

Whether you are interested in modern real estate such as luxury towers, small family apartments, light low-rise units, detached villas, spacious or small commercial buildings or investment hotels, Istanbul has the answer.

It's also worth noting that you can provide a variety of "view" options for attributes. Surrounded by landscapes and the sea, Istanbul has something for every taste. All these options make Istanbul an exclusive option for real estate investment.

Referring to the facilities of the Istanbul project is another important factor. In residential complexes that offer on-site amenities, you will find swimming pools, fitness centers, spas and saunas, children's playgrounds, private parking, 24/7 security, video surveillance, and more, which add to the value of the property.

Home sales to expatriates rose 72.7 percent to 35,383 units in the January-June period from a year earlier, with Istanbul leading the way, latest official data showed.

3. Istanbul as a center of cultural tourism

Istanbul is home to many historical treasures, from Hagia Sophia to Topkapi Palace, Blue Mosque, Archaeological Museum and many more, which are visited by a large number of tourists every year. And with good reason. With its rich food, nightlife and shopping culture, Istanbul offers more than just sightseeing, it connects East and West geographically and culturally, offering the best of both worlds for those looking for a country that combines 'alaturca' and 'alafranga' Experience. This cultural heritage has undoubtedly contributed to the rise in real estate prices in Istanbul.

4. Different regions, different lifestyles

Istanbul is a place where you can find a variety of lifestyles. The progressive and welcoming local culture will make you feel right at home.

Istanbul is made up of 39 districts, each unique in its own right, ranging from quieter places to busier, more vibrant ones. For example, Buyukcekmece and Beylikduzu are popular spots for families because of their quiet neighborhoods overlooking the sea and lake. Cihangir is the center of bohemian life, with boutiques, cozy cafés, historic buildings and late Ottoman Art Nouveau and Art Deco apartments. Levent and Sisli are the main business districts, connected to the rest of Istanbul by various means of transport. On the Asian side, Kadıkoy, Moda and Bagdat streets are the most popular areas. With two independent cinemas Rexx and Kadıkoy, and a Sureyya Opera House, Kadıkoy is the cultural center of Istanbul Asia and Asia Cihangir.

5. Public transportation

Istanbul is a huge city, bigger even than some countries. And assuming it's not for a well-developed public transit system; in that case, the city could end up with inaccessible areas that make commuting within the city nearly impossible. But today, Istanbulites are blessed with multiple modes of transportation, including Metro, Metro, Marmaray, buses, minibuses, boats, trams, trains, and large yellow taxis (or minibuses for 6-7 people ). Sea Taxi and more. In short, Istanbul's rich public transport system offers many opportunities to enjoy and experience the city and observe indigenous peoples in different environments.

6. Looking for compatriots in multinational metropolises

Due to high immigration rates, Istanbul is a global megacity. For those who prefer to buy property where their fellow countrymen live, Istanbul is a perfect choice. It's good to know that if you're planning to move to Istanbul, you won't be homesick.

7. Pleasant climate

Istanbul is sunny in winter and not too hot in summer, and the climate over Istanbul is pleasant.

8. Rapidly growing economy

Istanbul has the strongest economy in Turkey. With its rapidly developing financial and international trade infrastructure, Istanbul is a regional business center.

Istanbul accounts for more than 31% of Turkey's GDP (gross domestic product), the highest in the country. Furthermore, Istanbul has the lowest unemployment rate among other Turkish cities. These two factors make Istanbul a strong and fast-growing economy and the best choice for investors to buy property in Istanbul.