Istanbul is the number one city in Turkey in its area, development and population. It is visited by capitalists from inside and outside Turkey since it has multiple excellent investment opportunities. All factors indicate the importance of buying apartments in it. Buying an apartment in Istanbul, you can achieve your ambition residing in a sea view place. Since you might not have the needed information about real estate in Istanbul, we will inform you in this article about all the real estate details.
The most important advantages of buying an apartment by the sea in Istanbul are:
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A charming view and luxurious facilities:
When you buy any apartment by the sea, you will guarantee that it will always be attracting and constantly demanded. This type of apartments is usually way more expensive than other offers. They provide quietness and comfort to their tenants. They are the perfect choice for those who are having hard times. Istanbul is one of the important cities around the world that provide residences by the sea whether apartments, hotels or luxurious villas.
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You can make a lot of money when selling the property.
There is a great demand on such kind of properties because the available number are limited. With time they are going to be more expensive. You should know that these properties are a very special opportunity in real estate investment since they can be sold for higher profits.
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They are a secure investment choice.
The Istanbul properties by the sea are known to be the highest in prices due to the greatly growing demand on them. This has made them a secure investment opportunity specially with the price fluctuation. They are never influenced by such crises and they keep their real worth.
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They give the highest rental prices.
Real estate investment by apartment rental is one of the most common ways. Especially when we talk about a city full of touristic, historical and natural locations like Istanbul. Every year, the city hosts thousands of tourists. So they give excellent revenue during these touristic seasons. If the apartment is furnished, this will even give you more revenue.
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Limitless luxury and comfort
Buying an apartment by the sea in Istanbul, you be buying pampering yourself with comfort and luxury. Be quite sure that you will not think of going in a cruise or trip by the sea. How beautiful it is to go to bed and wake up on such a sea view. In the neighborhood of such apartments, you will find lots of modern facilities that provide all kinds of services and everything you need. There are also many restaurants and cafes.
The best sea viewing areas in Istanbul
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Zeytinburnu- Istanbul
Zeytinburnu is one of the most important areas in the city. It is also an essential financial centre. It is characterized by its location in the middle of the city. It is close to many important areas and to the highway and the coastal road E-5. Zeytinburnu is a great choice for buying apartments in Istanbul because it has a modern transport system. The area is witnessing great demand on buying and renting properties. It is a good investment attraction that give back high revenue. There is a high number of investment projects under construction in the area.
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Arnavutkoy
Arnavutkoy is one of the most important areas in the European side of Istanbul. It is close to Besiktas. In this area, there is the largest airport in the world ( New Istanbul Airport ). Although it is very important, but its prices are still suitable and affordable. Arnavukoy also has the famous Belegrad forests. So it is a great attraction for real estate investment especially that it has lots of facilities which make your life easier.
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Zekeriyakoy
Zekeriyaköy is the area of celebrities where Turkish celebrities, TV stars and millionaires live because of the somehow high property prices in it. This area has lately witnessed many construction development that its properties became luxurious and classy leading to a dramatic raise in their prices. Zekeriyakoy lies next to the famous Belegrad forests. It contains many parks. Different species of animals live in these parks. You can also go walking or jogging in the walking tracks.
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Bebek
Bebek is one of the most famous and important area in Istanbul. It is a luxurious, modern area. Rich and wealthy people settle there. High class people often visit it. It has a mesmerizing view on the Bosphorus which encourages investors to buy properties there. It is suitable for real estate investment which gives back high revenue all year round especially in touristic high seasons.
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Bakerkoy
Bakerköy is the perfect place to find apartments by the sea. It lies in the European side of Istanbul. It has charming natural places. Thousands of people visit it every year. So we can say it is a proper choice for real estate investment especially with the attention it had lately regarding property and infrastructure.
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Beylikduzu
Beylikduzu is considered the modern architectural front face of the Istanbul. It has lately witnessed great development and built up extension. It has many luxurious residential compounds that are built according to the highest global standards. They are anti-seismic, soundproof and heatproof.
This area has a wonderful view on Marmra sea. It has large green areas which guarantees a healthy lifestyle. It is also far from the sources of noise and the hustle of transportation. The investment value of the area dramatically increased after the metro system passed through it. This transport system linked it with the city centre and with the other areas. Property prices in Beylikduzu are relatively affordable. But experts expect that they are going to witness dramatic raise because of the high demand on the area in addition to the development it is witnessing.
How to search for apartments by the sea in Istanbul?
The first question to ask when buying an apartment in Istanbul is: What is the strategy to follow when searching for apartments in Istanbul?
There is a number of details to take care of:
- You must set your goal from buying the property in Turkey. Standards differ according to the goals. If you are aiming to buy an apartment to live in, there are no rules. You can choose whatever suits you. But if you are willing to invest, your choice should be based on specific rules in order to reach your goals which are revenue and money making as fast as possible. If your goal is to obtain citizenship, you should definitely search for a property which meets the condition set for gaining citizenship. The condition is that the property must be worth at least 250000 $.
- The second stage of the search for a property in Istanbul is to set your budget to avoid any urgent, unexpected expenses.
- It is important to consult one of the experienced real estate companies in the country. They save you time and effort.
- You must make real estate tours and visit the best projects to have an idea about their privileges. You can have a overview of the given choices to pick the best for you.
The privileges of real estate investment in Istanbul:
It is no secret that Istanbul is the most important city in Turkey. It is also well known that buying a property in Istanbul is a privilege in itself. The city is perfect and it competes with the most famous European cities.
- Istanbul is one of the most dense populations in the world. This indicates the importance of choosing it fir real estate investment because the inhabitants’ need for properties is consistent.
- It is a fertile soil for starting economic and trading projects. It also hosts thousands of tourists from all around the world especially Arabs.
- Istanbul is suitable for work and education. It is easy to blend in the Turkish society. If you don’t have the intention to settle in the city, you can put your property for rent.
- Properties in a developed, modern city with a comprehensive boost in all sectors is considered a secure portfolio. The city is witnessing a lot of development and urban projects.
- The prices of the real estate properties are expected to grow higher and higher in the upcoming era because of the enormous and essential development projects. The most important projects in Istanbul are the New Istanbul Airport (IST ), The New Istanbul Canal, Basakseher medical city, Eurasia Tunnel, Sebiha Airport, Transportation Highways and many other projects.
- The price is one of the first points to consider when you want to buy a property. Despite the fact that properties in Istanbul have many privileges, the prices in the city are affordable and lower than the prices in Europe, America or even many Arab countries.
The procedures followed when buying apartments in Istanbul
- First, you should apply for security clearance. This is an easy step. It will not take more than one week. It aims to ensure that the apartment is not in a military area.
- A sales contract should be signed by the buyer and seller and two witnesses. Then it should be documented at the notary office.
- It is important to pay the price of the apartment at one of the Turkish banks and keep a receipt with you.
- The needed paperwork should be ready for ownership transfer which is done by going to the property register office in your area.
Whenever you want to buy a property in Istanbul, you should be aware of the importance of this step. This is why you can contact us to keep you up with the needed information to help you in the process of property owning in Turkey.
Don’t hesitate to contact us and see our best offers.
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