Real Estate in Turkey Real Estate Investment in Istanbul

Real Estate Investment in Istanbul
The Turkish economy is the 16th in the world and the sixth biggest economy in
Europe. This is an important incentive for investment and property purchases in
Turkey in general and Istanbul in particular, such as land, farms, apartments,
villas, hotels, buildings, shops, offices, stores and various types of residential,
commercial and investment properties.
On the other hand, The Turkish economy is booming, with prospects for a faster
growth rate than most of the world's economies, attracting nearly $ 15 billion a
year in foreign investment, not to mention local investment.
Investment properties in Istanbul
Property prices in Istanbul have increased recently, so real estate has become
an important investment tool in 2017 and 2018. Over the last ten years, property
prices in Istanbul have risen by nearly 100 percent.
When thinking to look for investment properties in Istanbul, it is not
recommended to focus on the high-priced areas of major cities, but it is advisable
to go to developing regions and under real estate development within the
cheapest areas to buy an investment property in Istanbul.
It is also necessary to research and investigate the reliability of the real estate
company or the real estate broker before buying the property, and to check the
price offered and specifications of the property, and to ascertain the technical
issues related to the property in all respects, in addition to the legal situation and
the form of registration in the register of real estate records.
What are the most important tips for choosing a property to invest in
Turkey?
First: Properties under construction: This is because real estate prices in Turkey
are very different if they are ready or under construction.
Second: Residential and commercial properties in Istanbul investment areas,
which are booming and growing up with a strong urban movement, can be grown
and rising constantly and a large difference, contrary to the stable and full areas.