If you are looking for distinguished investment opportunities for real estate investment in the Asian side of Istanbul, there are many suitable areas to buy a property in this section of Istanbul, which is distinguished by its ancient history, which made it an attractive point for real estate investment in Turkey, which is known worldwide for its high profit returns.
The best real estate investment areas in the Asian side of Istanbul:
Uskudar region:
It is located in the old city of Istanbul, smelling the fragrance of ancient history, which is stored in its buildings of ancient, historic villas and modern villas, all overlooking the banks of the Bosphorus, Uskudar is one of the most important areas in the Asian section of Istanbul due to many factors, the most important of which is the large population density that this region enjoys, which has a population of nearly half a million people. In addition to all of the above, it also includes a lot of shopping areas, markets and recreational facilities such as restaurants and cafes that offer the most delicious traditional dishes from the rich and delicious Turkish cuisine.
Kuzguncuk District:
Administratively, this area belongs to the Asian side of Istanbul, and it is classified as a colorful area and is dominated by the character of the Asian part. It is also separated from the rest of the city, which helps this area to acquire a very distinctive atmosphere dominated by calm and tranquility compared to the hustle and bustle of Istanbul, which never sleeps. The spread of distinctive ancient houses in the area, as well as the predominance of the natural character on it through the spread of nature reserves and spaces green, so that this area is significantly different from the rest of Istanbul, which contributes to attracting large numbers of tourists and visitors to it in order to enjoy the opportunity to live in this very unique place compared to the rest of Istanbul.
Cengelkoy area:
This area has developed very much and turned into a residential area in which the luxurious Ottoman palaces are spread, which is still steadfast to this time and is still in use today.
There are also many small cafes in the area with a romantic and gentle character that is in harmony with the nature of the Asian side of Istanbul.
Umraniye area:
It is one of the fastest growing areas in Istanbul and is considered the business center in this section of the city. In addition, many international companies take the Umraniye area as their headquarters due to the abundance of labor in it, Where the urban area is considered the largest area in the Asian section of Istanbul, as the number of people living in this area is equal to six hundred and fifty thousand people, because of its large size and area, it has been divided administratively into several municipalities in order to make organizing and maintaining the organization in them easier.
Forms of real estate investment in the Asian side of Istanbul:
The most characteristic of real estate investment in Turkey at the global level is the flexibility and the multiplicity of forms of real estate investment, as we will see:
business investment:
It means investing money in all real estate, such as shops, stores, warehouses, commercial, industrial and agricultural facilities, restaurants, cafes, and shops located in bazaars and large commercial complexes, designated for commercial activities only and not related to housing at all, as each real estate specialization has specifications that are consistent with this specialty. Autumn and winter are considered the most appropriate times for real estate investment in offices, shops and universities due to the diversity of economic and scientific activities in this period of the year, while summer is the golden season for real estate investment in tourist and recreational facilities, especially in a tourist country such as Turkey that attracts tourists and witnesses internal tourism movement and external from all over the world.
residential investment:
It means investing money in buying apartments, but in the golden time that creates the golden opportunity for you, which is before the peak demand period, which is usually either before entering the school year if the investment is in student housing, or after leaving the winter, i.e. in the spring if the investment was in regular and tourist apartments, and another group says that the summer is the best time because of the search for an apartment in Turkey, and the profits are reaped from real estate investment in apartments as follows:
Apartment rental:
In fact, it is difficult to limit the number of properties that are subject to rent in Turkey, where various types of properties are rented according to the peak seasons to take advantage of the highest level of rents, which rise annually in Turkey at a rate of 10%, as this type of real estate investment is profitable and guaranteed.
Resale apartments at a higher price:
This type of investment depends on a certain professional technology, it depends on buying damaged or simple apartments or apartments in projects under construction that have a low purchase cost, then the property owner completes the construction and engineering operations of these apartments at his own expense to make them appear civilized, contemporary and attractive to resell these buildings for huge sums of money and reap the return on investment that investors are waiting for.
Advantages of real estate investment in the Asian side of Istanbul:
When we take the step of buying a property in the Asian side of Istanbul, it is because this region has many investment advantages that guarantee the investor the success of the real estate investment process in this region, the most important of which are:
The Asian side of Istanbul is characterized by its fresh green and bustling nature, as it is a shelter for many away from the noise of the crowded city. Therefore, we find that the properties that are located within this part of the city are overshadowed by the character of calm.
Real estate in the Asian side of Istanbul is characterized by its proximity to the transportation network, which facilitates movement to and from the city of Istanbul.
Diversity of the important service facilities in the Asian side of Istanbul, including shopping centers, educational, health and entertainment centers.
Also, the Asian side of Istanbul has a well-developed infrastructure, which is an additional investment advantage for the real estate in the region.
There are many distinguished real estate investment opportunities in the Asian side of Istanbul because it has a fertile investment environment suitable for buying a property in it, entering the real estate market in Turkey and experiencing real estate investment with strength and confidence, while ensuring adequate profits from rents or capital gains.
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