achieve guaranteed profits from buying Istanbul real estate

Through this blog, we will learn how to achieve guaranteed profits from buying real estate in Istanbul .. For more details, keep reading

Istanbul is the vibrant city of history and culture and it is considered one of the most attractive cities for real estate investors, as it combines the past and the present and includes a variety of promising investment opportunities and among the global cities, Istanbul is characterized by a dynamic real estate market and sustainable growth in the real estate sector and if you are looking for how to achieve guaranteed profits from buying real estate in Istanbul, you are in the right place, as the city offers promising investment opportunities for real estate investors who seek attractive and guaranteed returns and in this article, we will talk about the ways that enable you to obtain huge financial profits from real estate investment in Istanbul.

The most popular way to make profits from buying real estate in Istanbul

The following are the most common ways among investors to achieve huge returns from buying real estate in Istanbul:

Buying real estate in promising areas

The best option to achieve profitable returns is to go to one of the promising real estate areas in Turkey, those areas that are witnessing urban development such as Beylikduzu in Istanbul, Esenyurt, Avcilar, and others and the promising areas are characterized by being the center of several new real estate projects, and they contain a strong and updated infrastructure, and this matter makes them witness a great demand by people wishing to buy real estate.

Buying a property in promising areas at the beginning of the construction of projects is an excellent option due to the future benefits that can be realized from the leasing and resale process, and thus provides a guaranteed success for the real estate investment planned by foreigners in Turkey.

Investing near mega projects in Istanbul

Investing in real estate near mega projects in Istanbul is a strategic and smart choice, Istanbul is one of the largest cities in Turkey and is witnessing rapid and continuous urban development and there are many mega projects that are transforming the infrastructure and improving the urban structure in the city.

Real estate investment near these projects provides excellent investment opportunities, when the mega projects are completed and it enhances the value of the surrounding real estate and attracts more residents and investors and in addition, these new projects provide new commercial, entertainment and service areas, which increases the attractiveness of the area and enhances leasing and resale opportunities.

However, mega projects should be checked for their credibility and reputation and there may be some projects that experience delays in implementation or may encounter management or maintenance problems.

Investing in real estate under construction

Investing in real estate under construction is an investment strategy aimed at buying and owning real estate in the construction phase or before its completion and this type of investment includes the purchase of residential or commercial units in projects under construction such as residential complexes, commercial complexes, or large commercial buildings and there are some benefits which are: when purchasing real estate under construction, the prices may be lower compared to real estate ready for sale, and once the project is completed, the price of the property often increases and generates a good return when reselling or renting.

In addition, in new real estate projects, you can choose the preferred unit according to your needs and preferences.

Renting real estate to tourists and visitors

One of the common beliefs about real estate investment in Istanbul is buying and renting real estate to achieve high and continuous monthly returns and profits, especially during the peak seasons that witness an increase in tourist demand or foreign arrivals, we must note that the percentage of rents that can be obtained is not fixed, but rather increases gradually with the increase in demand and the increase in the value of the property.

Buying a property suitable for Turkish citizenship

Buying a property suitable for obtaining Turkish citizenship is a strategic choice for many people, and it is tantamount to hitting two goals with one shot, as Turkey offers programs to obtain citizenship by buying a property worth 400 thousand US dollars and selling it after 3 years and obtaining huge returns, with the possibility of granting Turkish citizenship to the investor's wife and children under 18 years of age, and enjoying the rights of a Turkish citizen, especially after granting you a Turkish passport, you can enter more than 100 countries without making a prior visa.

Reasons for the rush of foreigners to buy real estate in Istanbul

1. Istanbul is located in a strategic area between the continents of Asia and Europe, which makes it an attractive center for many businesses and investments, and provides a good base for accessing global markets

2. Turkey's economy is witnessing strong and sustainable growth, and Istanbul is a major driver of this growth, which means that it offers great opportunities for investment and achieving good returns.

3. Istanbul is a world famous tourist destination, as it attracts millions of visitors annually, and this means that there is a strong demand for short stays and tourist leasing, which makes buying and renting real estate to tourists a rewarding option for investors.

4. Turkey has made legal amendments to facilitate the process of buying real estate by foreigners, and has granted many advantages and privileges to foreign investors, and this has made the real estate market in Istanbul open and attractive to foreign investors.

5. Istanbul includes many huge commercial centers and vast malls, including: Istanbul Cevahir Mall, Mall of Istanbul, and Venezia Istanbul.

6. The city is characterized by the presence of many tourist areas, archaeological museums and historical monuments, including: Hagia Sophia Mosque, Galata Tower.

7. Istanbul includes various types of real estate, including: penthouses, villas, triplexes, duplexes, and townhouses.

8. There is a wide network of transportation, including: dolmus, tramway, metrobus, ferries.

9. It contains many huge infrastructure projects, including: the new Istanbul Airport, the new Istanbul Canal, and highways.

10. The possibility of benefiting from the tax incentives granted by the Turkish government to foreign investors, especially Arabs wishing to invest in real estate in the real estate sector in Istanbul.

Common questions

What are the best areas in Istanbul to buy real estate with guaranteed returns?

Areas such as Beylikduzu, Esenyurt, Avcilar and Basaksehir are good for real estate investment and achieving guaranteed returns.

How does tourist demand affect the financial returns from renting real estate in Istanbul?

The demand for tourist rentals increases during peak seasons, which increases the expected financial returns for real estate during that period

Are there certain types of real estate that achieve guaranteed returns in Istanbul?

Apart-hotels, luxury apartments, and real estate located near commercial areas and vital facilities are usually better at achieving guaranteed returns.

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