Is it better to buy a property in Istanbul or Trabzon
Is it better to buy a property in Istanbul or Trabzon? We will learn about this through this article and we will provide you with all the details
We will provide you with a comprehensive comparison between Istanbul and Trabzon in terms of investment opportunities and the main factors that must be taken into consideration when making the decision to buy a property in one of these two wonderful cities and this comparison will help you decide which destination best suits your needs and investment goals.
Buying a property in Istanbul
1. Istanbul is located on the northern coast of the Marmara Sea and is considered a meeting point between the European and Asian continents and this strategic location makes it an important city for business, trade and tourism.
2. Istanbul is a vital economic center in Turkey and includes many national and international companies and trade centers and this means great job and investment opportunities.
3. You can find a variety of properties in Istanbul, from residential apartments to commercial properties and luxury villas and you can easily find the type that suits your needs and budget.
4. Istanbul is a historical city with a rich culture, containing many tourist sites, museums and historical monuments that contribute to an enriching experience.
5. Istanbul includes many prestigious universities and educational institutions, making it a favorite destination for students and researchers.
6. Istanbul has advanced infrastructure including a sophisticated public transportation system, hospitals, schools, and recreational facilities.
7. Due to the increasing demand for real estate in Istanbul, you can achieve good returns on investment when purchasing a property here.
8. Istanbul is a cosmopolitan city that welcomes residents and visitors from all over the world and this creates a diverse and civilized environment.
9. Istanbul is easily accessible through its international airports and available public transportation.
10. Istanbul continues to grow and develop, and with improved infrastructure and major projects in the city, investment opportunities are expected to increase in the future.
Buying a property in Trabzon
1. Trabzon is located on the northern coast of Turkey, and is considered a gateway to the cities located on the Black Sea and this strategic location makes it a meeting point for trade and investment.
2. Trabzon is characterized by its stunning natural scenery, including its mountains, forests, and charming beaches and if you are a lover of nature and stunning landscapes, this area offers you great opportunities to enjoy them.
3. Trabzon has an active and diverse real estate market, giving buyers many options to choose from and whether you are looking for a residential apartment, commercial property, or agricultural property, you will find what you are looking for here.
4. The real estate market in Trabzon is considered stable and property values are expected to increase over time and so investing in real estate here can be rewarding in the long run.
5. The city of Trabzon allows you easy access through its international airport and advanced transportation network, which facilitates movement within the city and communication with various regions in Turkey.
6. Compared to some larger cities in Turkey, Trabzon is an area with an affordable cost of living, making it an attractive option for living or investment.
7. In addition, Trabzon is home to several prestigious universities such as Karadeniz Technical University and Ataturk University, making it an important educational center.
8. In addition to residential real estate, you can invest in commercial, agricultural or tourist real estate in Trabzon, allowing you to diversify your investments and increase economic opportunities.
Buying a property in Istanbul for the purpose of Turkish citizenship
1. You must purchase a property worth 400,000 US dollars to be eligible for Turkish citizenship and the required property value changes from time to time and depends on current legislation. Investors must verify the required value before starting the process.
2. You must keep the property for a certain period after purchasing it, usually three years and this means that you cannot sell the property within the specified period of time.
3. You must comply with all regulations and legislation in force in Turkey regarding obtaining Turkish citizenship and it is always preferable to consult a lawyer specialized in real estate and nationality issues to ensure full compliance with the laws.
4. The decision to grant Turkish citizenship to major investors also includes their family members, including spouses and minor children.
Buying a property in Istanbul for the purpose of Turkish real estate residency
1. You must buy a property in Turkey with a minimum value of 75 thousand US dollars and this minimum can change from time to time, so it is important to check it now.
2. After purchasing a property in Turkey, a set of required documents must be prepared and submitted to the relevant authorities such as the Turkish Immigration Office and these documents usually include a passport, personal photos, a real estate contract, and a bank deposit certificate for the value of the purchased property.
3. Applicants for real estate residency are required to undergo a medical examination to verify that they are not infected with contagious diseases.
4. Fees must be paid for submitting and processing applications to obtain real estate residency.
5. Real estate residency in Turkey is initially granted for one year, and can be renewed after expiration and holders of real estate residency, in addition to their family members, can benefit from additional benefits such as freedom to travel and work in Turkey.
Buying a property in Istanbul in residential complexes
1. Residential complexes are often well protected and equipped with advanced security systems such as 24/7 security and camera surveillance systems and this provides a high level of security and privacy for residents.
2. The residential complexes include various facilities such as swimming pools, fitness gyms, children's play areas, green spaces, and commercial centers within the complex and these facilities provide residents with a comfortable and integrated lifestyle.
3. Apartment complexes are usually run by professional management who handle maintenance, support services and cleaning and this reduces the burden of taking care of the property and facilities.
4. Thanks to the presence of facilities and services in the complex, residents can easily meet many of their needs within the complex without having to search elsewhere.
5. Residential complexes are a good option for real estate investment in Istanbul, as you can easily rent the property due to the strong demand for residential units in Istanbul.
6. Residential complexes in Istanbul are often in central locations close to important amenities such as schools, shops, and public transportation.
7. Apartment complexes can be found in various sizes, designs and specifications, allowing buyers to choose the unit that meets their needs.
In conclusion, we must note that the decision to buy a property in Istanbul or Trabzon depends largely on your personal needs and goals, as Istanbul is considered one of the largest, busiest and most diverse cities in Turkey, making it a prime place to invest and live if you are looking for a vibrant urban life and diverse employment and educational opportunities.
Related Article:
Turkish citizenship through real estate investment 2023.
Apartments for sale overlooking the Bosphorus in Istanbul.
Istanbul's earthquake resistant real estate.
Features of residential complexes in Istanbul.
Apartments for sale in Turkey in installments.
A comprehensive guide about real estate residence in Turkey.
A report about apartment prices in Turkey.
Steps to buy villas in Turkey in detail.
goals for buying an apartment in Istanbul.
real estate investment methods in Turkey.
tips when owning real estate in Turkey 2023.
#apartments_for sale_in_Istanbul #kataliyaproperty #Turkish_Citizenship
#real estate_investment #Turkey_real estate