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Reasons To Buy Property In Istanbul

The distinct touristic appeal of Istanbul and the growth it is experiencing in terms of infrastructure, as well as massive real estate projects has made it the focus of global spotlight from Arabs as well as foreigners wanting to visit and invest in real estate, whether the goal is to benefit from the return on investment of the property or simply to live in a city Istanbul.

Here we will highlight the best benefits you can take advantage of when purchasing properties for sale Istanbul.

Suitable real estate prices:

In comparison to the prices of real estate in other developed European countries such as Britain, France and Spain Real estate in Istanbul is considered the cheapest in terms of value. It also has benefits that are comparable to those of other countries, and the wide range of real estate as well as its prices ranging from cheap to expensive provided the most comfort and variety. for the buyer.

Exemption from taxation on inheritances:

In this case, the Turkish state exempted children of deceased foreigners from taxes on inheritance on inherited property, unlike other European countries that charge taxes on the inheritance of property owned by a foreigner, which may reach 20 percent of the value the property within a country like Britain.

Diverse real estate investment methods:

The property located in the city of Istanbul offers a certain opportunity to earn a profit, either by taking advantage of renting it out during popular tourist season or by making improvements to it and reselling it at a higher price or even relying on it to serve as a hub for your business, commercial and office activity.

Istanbul is a low-cost city to live in. Istanbul:

Despite the beauty and beauty of Istanbul, which is comparable to similar European cities, its strong infrastructure, and its accessibility to different services, the cost of living is higher than other countries in terms of food, drink water, gas, electricity, fuel and other basics of living .

The promise of the real property market in Istanbul:

Recent studies have revealed that the Turkish real estate market has occupied an elevated position as the third largest real estate market in the world behind both China and the United States of America, which indicates the bright prospects for the future of in the market for real estate of Turkey in general and Istanbul specifically.

Full ownership of the property:

Whatever the type of property and no matter how many properties you own You can get rid of them and sell them when you want absolutely freely.

Obtaining real estate residency:

If you own a property in Istanbul, you can obtain an official residence permit for real estate and renew it on a regular basis as long as the property remains under your control.

The process of obtaining Turkish citizenship by the investment in real estate

This is in accordance with special conditions which require that the value of the property must be greater than $250 000 US dollars, and when you acquire Turkish citizenship, then you can apply for the Turkish passport, too.

Ease of access to Istanbul:

Istanbul has three international airports (Ataturk International Airport Sabiha Gokcen International Airport, New Istanbul Airport) which offer international flights round the clock without stopping.

The network of transportation that is advanced:

The areas and neighborhoods of Istanbul are linked to each another and with other cities of Turkey via a well-organized transportation network , which makes transport between them a breeze via Metro or internal buses. …..

The unique climate of Istanbul:

In Istanbul, Istanbul has a beautiful climate both in winter and summer free from heat waves, cold and storms, it’s additionally characterized by beautiful nature and charming views that provide peace and relaxation far from the bustle and noise of the city.

Ancient Civilization:

The ancient civilization of Istanbul isn’t the result of the last few decades It is rather a legacy dating from the past hundreds of years, as various civilizations merged with the Roman civilization, and later the Ottoman civilization that is followed by creation in the present Turkish state. This brought about the city of Istanbul an enormous cultural diversity , which reflected positively on the nature that is the structure of Turkish society.

Service facilities:

Istanbul is a city that Istanbul contains a large number of service facilities. Universities and schools were established which provided the latest technology as well as made them accessible to all, and areas of worship were created like mosques and churches, and public parks were established, as were a number of other services were provided.