Table of Contents
- Advantages for Investors in Istanbul Real estate:
- Disadvantages and risks of real estate investment in Istanbul:
Istanbul is the economic capital of the state of Turkey, and this is reflected in the development in the economic, urban and investment aspects in the region, as it has become today the main pillar of the real estate market in Turkey, as it is an important station for most investors wishing to buy real estate in Turkey because of its advantages and special attractiveness. The urban development that it witnessed in the past years made it one of the most important cities in Turkey, which includes a large real estate investment movement capable of developing the economy and advancing society as well as developing life in various aspects.
Real estate investment is one of the most important types of investments that are practiced in the city of Istanbul and this was a result of the great demand for real estate in Istanbul by real estate investors and tourists coming from outside the country. The importance of real estate investment in Istanbul is reflected in several areas at all levels and these areas:
- Economic field:
Real estate investment in the city of Istanbul has great importance and a great role in influencing the city’s economy through the revenues generated by the real estate market in Istanbul, and the real estate market is closely related to the strength of the real estate investment movement in the region, the more the investment movement is strong in the region, the more the real estate market is rich and huge and therefore the economy is prosperous and this development and returns to the people of the city with development, prosperity and openness to the huge commercial markets, but if the real estate investment in the city of Istanbul is somewhat weak, this in turn affects the real estate market in the city and makes it weak and poor to modern and advanced real estate and in turn it affects the economy in the region and makes it weak or do not change anything, and the doors remain closed to development and prosperity in all commercial, urban and political fields.
- Social field:
Real estate investment in Istanbul enhances social life and international interaction and makes real estate investors who came from outside the country engage in Turkish society and in the city of Istanbul in a life of peace, love and harmony, which in turn enhances the value of Turkish society and spreads its traditions and customs among other peoples to keep the world informed with the civilization of Turkey, the civilization and heritage of Istanbul, and the traditions for which the city of Istanbul is famous.
- Job Opportunities:
Real estate investment in Istanbul affects all commercial, economic and urban fields. As for commercial, real estate investment enhances trade within the city of Istanbul and was even the reason for the opening of large commercial markets in order to meet all requests at the best prices, which in turn affected the economy in Istanbul and made it a developed and prosperous city compared to the international and urbanism cities in Europe as well as.
With the increase in the arrival of real estate investors to Turkey and the city of Istanbul in particular, care has been taken to establish several real estate companies to meet all the needs of real estate investors, as well as work has been done to establish several residential complexes and develop old residential complexes. In these three areas, we see that job opportunities in each of them increases significantly with the development of real estate investment in the region, and this is due to the Turkish society with improvements in the field of living life and a development in the wages of employees and workers.
Advantages for Investors in Istanbul Real estate:
Investors who come to Istanbul enjoy many advantages related to it, the beauty of living in it, and learning about its traditions and customs. Therefore, real estate investors in Istanbul enjoy the following advantages:
-The good society in Istanbul and its preservation:
The Turkish people are considered one of the best people in the world because of their loyalty, honesty and peace, as well as the people of Istanbul. The Istanbul society is characterized by reservation and attachment to the Islamic religion, which stipulates moral values that must be available within the people in Istanbul, such as generosity of morals, generosity of souls, and moral reservation compared to the ethics of other societies in Europe Istanbul is the best city to live in, as it combines a sophisticated and simple society with high morals, a strong real estate movement and a thriving economy.
- The beautiful nature of Istanbul:
Istanbul is one of the most beautiful cities of Turkey, and it is the city visited by tourists from all sides to enjoy the beauty of nature and the splendor of the regional terrain in it. This picturesque nature is a mixture between water oases, lakes, beaches and green forests that spread on the outskirts of the city to give it a green character that purifies the air and makes life more beautiful and healthy. The topography of Istanbul also enjoys the green areas called tourist areas that celebrities and businessmen go to in order to spend enjoyable times in Istanbul by investing real estate in the region. Therefore, real estate investment in Istanbul gives you the opportunity to enjoy the beauty of nature in Istanbul and even provides you with ways to visit other cities in Turkey.
- Istanbul strategic location:
Istanbul is the link point in the middle of the state of Turkey, and it is a strategic location that sits on land and sea routes for trade, which makes it one of the best cities located on the best strategic locations in Turkey, which gives the city of Istanbul great importance above its importance, which is ease access to it via all land and sea roads, that led to the establishment of the new Istanbul Airport, which is expected to be a destination for real estate investors in real estate located inside or near the airport.
- Infrastructure development in Istanbul:
Istanbul is one of those cities that has a strong infrastructure represented by a transportation network that connects all areas of Istanbul, as it contains a large number of highways that make access to the famous and tourist areas in Istanbul easy and simple, so real estate investors who come to Istanbul enjoy the advantages provided in the field of infrastructure, public utilities and service centers spread throughout Istanbul.
Disadvantages and risks of real estate investment in Istanbul:
No investment can be without risks and defects, despite the many advantages that real estate investment in Istanbul enjoys, but these risks must be taken into account by every investor, whether local or foreign. Such as :
-The fear that new investors have when making the first purchase.
-A decrease in the real estate price as a result of supply and demand affecting the real estate market.
-Loss in the value of real estate as a result of fluctuations in the exchange rates of the Turkish currency.
-Loss in the value of the property, in the case of buying a property that is more expensive than its real price.
-Changing the specifications of a property, as the property does not match its specifications on the ground, and here we advise to inspect the property before buying it.
-There are many real estate fraud methods in Istanbul when buying a property, such as that the property is not fulfilling the conditions for applying for Turkish citizenship.
-Fraud so that the seller of the property can be impersonating the owner of the property and other methods of real estate fraud.
Thus, we have talked about the importance of real estate investment in Istanbul, the most important advantages of it, and the risks that may face investors.
Advantages of buying real estate in Turkey through Level Immigration Real Estate Company
Some of the advantages include:
We have a huge range of features available, so be sure you will find something that fits your needs.
We have a team of experienced professionals who will guide you through the process of buying real estate in Turkey.
- We provide you with too many options suitable for you, whether you want to pay in cash or want to pay in installments.
We offer a full range of services, so you don't have to worry about anything once you've made your decision to buy.
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