The best investment areas in Istanbul
The city of Istanbul is considered one of the most beautiful cities in the world and the most important in Türkiye. It also occupies an important position for real estate investment in Turkey, and sales have increased significantly compared to other Turkish cities.
It is worth noting that in the recent period, Turkey in general has become a major attraction for foreign investors to own a property and reap returns from it, whether by selling or renting it. The smart investor should choose the most important and famous city. Through this report submitted by Encomgalaxy, we will help you identify the best investment areas in Istanbul.
Why is Istanbul considered the best city for real estate investment?
The Turkish city of Istanbul has many advantages that make it the first choice for all businessmen and money owners who are thinking of investing their money and buying a property or apartment.
Istanbul is considered an important tourist city that includes a number of natural monuments and Turkish heritage. Its economic and commercial location is distinguished, so owning a property there is considered a rare and unique investment opportunity. This is what actually makes investing in this city attractive and attractive to many investors.
Conditions for real estate investment in Istanbul
These conditions are not limited to the city of Istanbul only, but as it is one of the most popular Turkish cities for real estate investment. These conditions have been established:
- The property must be far from any military area.
- The area of the property owned by the foreign investor should not exceed 10% of the area’s borders.
- The investor must be one of the nationalities allowed to own real estate in Türkiye.
The best investment areas in Istanbul
The city of Istanbul has a variety of distinctive areas that are famous for their distinctive views and the availability of public services and facilities. The most prominent of these areas are:
1. Basaksehir area
It is the region that was called the “area of the wealthy Arabs” because of the presence of a large percentage of Arabs there. There are also a variety of luxurious and distinctive real estate projects with international engineering designs.
This area is located on the European side of Istanbul. It is characterized by stunning views and wide green spaces. Its streets are also clean, and the most important landmarks in the Basaksehir area are the People’s Park and the Ataturk Olympic Stadium.
2. Kadikoy area
It is one of the most beautiful areas in Istanbul and is called the “Jewel of the Asian Section.” This is because of its upscale streets that have suitable specifications for settling in.
This area is located in the Asian part of Istanbul and is close to famous areas such as Besiktas, Kadikoy is characterized by the presence of many institutions that provide high-level services, from transportation to health centers that serve residents and tourists.
One of the most important landmarks in this area is the famous Baghdad Tourist Street, which encouraged the majority of investors to own a property or an apartment that would later reap high profits.
3. Esenyurt area
It is one of the areas that has received great development and many improvements in most of the educational, health and social services and facilities. In addition, the Turkish authorities have developed the infrastructure of the Esenyurt region and now own many luxury projects and distinctive residential apartments. This area is located on the European side of Istanbul.
The Esenyurt area is considered one of the areas characterized by a different living nature, meaning that it has luxurious residential projects that are characterized by tranquility and beauty. It also has traditional projects that are characterized by movement and popularity.
Knowing that this difference makes it an attractive factor for foreign investors to own a property or rent residential apartments, This area is famous for its tourist and entertainment attractions, as it is one of the areas that is highly visited by tourists.
4. Beylikduzu area
This area was nicknamed the Bride of the Sea of Marmara because of its distinctive sea views and the cultural development witnessed by its real estate and projects.
This area is located on the European side of Istanbul. It includes service institutions, public facilities, and large green spaces. It is one of the areas where you can live and settle in a clean and quiet environment.
5. Uskudar area
It is one of the most important areas in Istanbul with stunning natural landscapes and wide green spaces. Its distinctive geographical location makes it one of the most important investment areas in Istanbul.
Located on the Asian side of Istanbul, It is one of the areas that includes a large number of archaeological monuments, such as the Girl’s Tower and Pilar Bey Palace. This area is famous for the presence of the famous Uskudar Palace, which contains multiple floors and a restaurant in which you can invest and obtain a large percentage of profits in a short time. Therefore, it is considered one of the most important investment areas in Istanbul.
6. Sisli area
It is one of the areas famous for luxury real estate, skyscrapers, and high-end hotels. It also includes a number of luxurious residential complexes, making it a great attraction for investors for commercial or real estate investment.
It includes a number of complexes built in a modern style with luxurious designs. This area is located on the European side of Istanbul. It has the most famous tourist attractions, Mejdiye Koy. And Jawaher Mall, The Ataturk Museum and the Istanbul Military Museum.
7. Bahcesehir area
This area has distinct real estate importance due to its geographical location, as it is close to Istanbul’s third airport and the new Istanbul Canal. In addition, it is characterized by green spaces and stunning views.
It is one of the upscale and beautiful areas, its streets are clean, and it has all the public services and facilities that a citizen or resident needs. It has many luxury residential apartments with international designs suitable for the VIP business elite.
How do you know that it is a unique investment opportunity?
Encomgalaxy, the leading company in the Turkish real estate market, offers you… A set of tips to know that it is a successful and distinctive investment opportunity, You can get it by investing in one of the areas in Istanbul, These tips are as follows:
- Location: The location must be distinctive and close to public services and facilities such as shops, schools, hospitals, and public transportation. If the area includes all of this, it is considered a good investment opportunity.
- Investment returns: You must use real estate analyzes to predict the percentage of profit you will get from this investment. If it is a greater percentage than the amount paid at the time of purchase, then this is a tremendous investment opportunity.
- Property evaluation: The condition and quality of the property must be good in addition to its appropriate price.
- Development of the area: Verify that the area in which you will own a property has a future of development and planned improvements that increase the value of the property and increase demand for it in the future.
- Determine financial goals: Determine your budget and, based on it, choose the appropriate real estate unit. We at Encomgalaxy help you choose the most suitable property and the distinctive investment opportunity through a group of real estate options. We know when the right investment time is and where the appropriate place for investment is.
Why is Encomgalaxy considered one of the most famous real estate investment companies in Turkey?
Real estate opportunities come in many shapes and sizes. But less is better, If you are looking for low or high prices, You want completed or under construction properties, You dream of a house to live in that fulfills your ambitions, improve your lifestyle or increase your income, We are keen to provide real estate opportunities that suit your needs.
At Encomgalaxy we know that every investment has its own character and that every businessman is looking for a unique investment opportunity. We have created a special section for luxury and distinctive real estate in many investment areas in Istanbul and other Turkish cities, designed specifically for businessmen.
This section also includes a group of hotels, luxurious palaces, and luxurious residential complexes that are distinguished by the presence of important services such as hospitals.
We offer you an opportunity to invest in unique and distinguished properties that keep pace with your ambitions and aspirations. Through strategic partnerships with international and local companies. Join Encomgalaxy and discover real estate investments in new dimensions.
Conclusion
Türkiye has become one of the largest centers for attracting investments globally, especially in the field of real estate investment. Turkey has recently witnessed development and improvement in real estate and construction, especially in the city of Istanbul, which includes the best investment areas distinguished by services, public facilities, and luxury residential complexes. what are you waiting for!! Seize the opportunity and have a real estate experience with us through Encomgalaxy and obtain an attractive investment opportunity.