Istanbul luxury real estate and its future
There is no doubt that buying luxury Istanbul real estate provides you with many advantages, including successful investment and obtaining multiple advantages that we will mention in this article
Together, we will explore the world of luxury Istanbul real estate and take a look at its dazzling future and we will cover a variety of topics, from the factors that make it a desirable investment destination to modern trends in luxury real estate design and their impact on the real estate future.
Valuable benefits when owning luxury Istanbul real estate
1. Luxury Istanbul real estate often increases in value with the passage of time and the development of luxury areas and projects in Istanbul can contribute to an increase in the value of real estate and thus achieve an excellent investment return.
2. Luxury properties are often in demand for rent by many residents and investors, and this can open up opportunities for you to achieve high rental returns.
3. Enjoy a luxurious and comfortable lifestyle by living in luxury properties in Istanbul, these properties often include premium facilities such as spa baths, private gardens, equipped gyms, swimming pools, and more amenities.
4. Istanbul is a popular tourist destination, and luxury real estate may be an opportunity to invest in the short-term rental sector for tourists, which can increase investment returns.
5. Besides the investment, you can have a second home in Istanbul for regular visits or vacations.
6. Luxury Istanbul real estate has a positive impact on social status, owning a luxury home can enhance your position in society.
7. Luxury real estate can be a way to protect against the impact of inflation on the value of money
8. The Turkish government offers a real estate residency program in Turkey and Turkish citizenship by purchasing real estate in Istanbul, which gives you stability and enjoyment of the rights of a Turkish citizen
Where to find luxury Istanbul real estate?
Here are the most prominent areas where luxury Istanbul real estate is available:
Besiktas:
The Besiktas district is located in the European part of Istanbul, and it is characterized by a wonderful strategic location and a beautiful view of the Bosphorus Strait, between the Kabatas and Ortakoy areas, and it is only a few distance away from the Taksim area, as Besiktas is among the most prominent tourist attractions in Turkey, thanks to its rich historical and cultural heritage, distinctive monuments, exciting museums, diverse markets, fine restaurants, and many other options.
With regard to real estate investment in the Besiktas district of Istanbul, this investment is one of the encouraging and promising successes that predict a promising and prosperous future and this comes as a result of the availability of a variety of tourist places, business centers, economic life, and social, educational and health facilities, which are key factors stimulating investment activity in the Besiktas region.
In addition, Besiktas is home to one of the most prestigious neighborhoods in Turkey and it is the neighborhood of Bebek and this neighborhood is characterized by the gathering of rich people, prominent personalities, big businessmen, and political figures.
Uskudar:
Uskudar is one of the most developed areas of Istanbul, stretching along the coast on the Asian side of the city and this region is located opposite the Besiktas region on the European side, and is famous for its beautiful beaches, places like Çamlıca Hill, Fethi Pasha Grove, and other historical sites such as 16th-century mosques, fountains, and many other places that hold historical values.
Beyoglu:
Beyoğlu is considered one of the most important real estate areas located in the heart of Istanbul, as it carries a rich history and great historical importance and this region was a major station for the wealthy from the Levant, Greece, Armenia and other countries, full of international civilization centers, such as the Naoum Theater, the German language school known as "Deutsche Schole Istanbul", the "Galatasaray" school, the University of "Beykent Taksim", "Mimar Sinan" and the shopping street "Independence" and in addition to the availability of many restaurants, cafes, resorts and complexes.
Beyoglu apartments in Istanbul are characterized by preserving the character of Turkish traditions in design, way of living, and traditional decorations, despite the continuous development in the field of architecture and the use of modern technologies in Turkey, and when you tour the Beyoglu area, you will feel the classic style that characterizes the apartments there, which carries a distinctive heritage, so it is recommended to search for luxury Istanbul real estate in this area.
Kadikoy
Kadikoy is located in the Asian part of Istanbul and it is famous for its luxurious apartments, and this distinction is not limited to the interior design of the apartments, but extends to the entire area, as its general features reflect positively on the apartments and add additional value to them.
Kadikoy is witnessing remarkable investment growth, as it provides a wide range of services, including shops that include the most famous international brands, in addition to that, the area offers a group of distinguished restaurants and it enjoys the availability of the main means of transportation, note that Kadikoy also provides a variety of picturesque nature and tourist attractions that are popular with visitors, such as the Maiden's Tower.
In general, Kadikoy is an excellent choice for buying luxury Istanbul real estate that overlooks the pure sea waters, where luxury blends with being located in a vital and integrated area.
Basaksehir
Basaksehir is located in the European side of Istanbul, and it is a modern center par excellence and this region is characterized by its large and important projects, including the huge health care complex "Sakura", which is considered the largest medical city in Europe and in addition to the People's Park, which is the largest garden in Turkey, Basaksehir is also a connection point with the new water canal, which is one of Turkey's largest projects ever.
This region contains a huge and integrated project such as the "Mall of Istanbul" complex, which is considered one of the largest shopping centers in Europe for the year 2016 and this is not only limited, as it contains the vital industrial area of Iki Talli, and a modern and comprehensive transportation network linking it to all parts of Istanbul, and this network includes subway lines and 58 public bus lines, starting from Istanbul International Airport to various neighborhoods and regions.
Among the most prominent features of Basaksehir is the presence of luxury residential complexes, and this makes it a preferred destination for Arab investors who are looking to invest in this modern and distinguished area and buy luxury Istanbul real estate.
Common questions
Are there restrictions for foreign investors to buy luxury real estate in Istanbul?
No, foreign investors are allowed to buy real estate in Turkey, there are some laws and conditions that must be adhered to, but the door is open for foreign investors.
What are the expectations for the future of the luxury real estate market in Istanbul?
Interest in luxury real estate is expected to continue to rise, given urban developments and the drive towards luxury and quality.
Does Istanbul offer citizenship programs through real estate investments?
Yes, Turkey offers programs to grant Turkish citizenship to investors who invest in luxury Istanbul real estate of a certain value.
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