Commercial or residential real estate in Istanbul

Istanbul is one of the most attractive cities for investors in the world, with a promising strategic location and an active economy and among the opportunities offered by the real estate market in Istanbul, there are areas that are witnessing an increasing demand day by day: commercial and residential real estate, which one is preferred? This is what we will talk about in this article, as we will monitor the most important advantages of both the commercial and residential real estate sector in Istanbul.

Residential real estate in Istanbul

Investing in residential real estate in Istanbul is a great choice for investors, as there are many options available among different apartments, villas and chalets overlooking the sea as residential real estate in Istanbul is characterized by a privileged location close to facilities and services, which makes it a favorite for many, and the location also plays a role in increasing the value of the property.

It is also characterized by the ease of renting, as there are many people looking for rent in Turkey and therefore, the return on investment is high and guaranteed. Perhaps the residential real estate in Istanbul is characterized by a good return on investment, however, investing in commercial real estate has some advantages as well.

The difference between commercial and residential real estate in Turkey

Commercial real estate in Turkey is characterized by the fact that it is used for commercial and rental purposes, such as: hotels, restaurants, and stores, while residential real estate is used for residential and personal purposes and in addition, commercial real estate has a higher return on investment due to long-term leases and contracts, while the return on investment in residential real estate is lower and more sensitive to changes in the real estate market.

As for the disadvantages, commercial real estate investments require more capital and higher levels of management, while residential real estate investors may face difficulty in obtaining high investment returns in some cases and if you are looking for a safe and stable investment, then commercial real estate can be a good choice for you, and if you are looking to invest in homes, the residential real estate market in Turkey provides you with a wide choice of luxury homes and modern apartments.

Benefits of investing in commercial real estate in Istanbul

Commercial real estate in Istanbul is an opportunity for good investment and high financial returns, as foreign investors flock to it heavily and one of the most important benefits of investing in commercial real estate in Istanbul is the possibility of achieving strong and continuous financial profits, as it is not subject to fluctuations in prices in the same way that residential real estate is exposed to, and it also has a high rental rate, which makes it an ideal investment for investors who want to achieve guaranteed financial profits. 

The most important commercial areas in Istanbul

Below is an overview of the most important commercial areas in the city of the two continents.

Basin Express incubator of commercial activities

The Basin Express area is a major area and incubator for commercial activities in Istanbul, and it includes many of the leading hotels in the city as this area is located in the heart of the city and features luxurious real estate projects and various commercial facilities that attract visitors from all over the world as by investing in real estate in this region, great financial returns can be achieved.

Beylikduzu and its commercial needs

Beylikduzu is one of the upscale and lively areas in Istanbul, as it provides all the commercial needs of its residents and thanks to the transformation of the region into a leading urban pole in the field of real estate investment, it includes many high-end residential and commercial complexes, with its proximity to shopping centers and large markets in the city, and it is considered as a vital commercial center that includes many companies, large institutions and business centers which provides great investment opportunities for investors and those wishing to work in the field of business.

Therefore, buying real estate in it is a suitable way for real estate investment and obtaining Turkish citizenship, in addition to enjoying the benefits of a luxurious life in a vital area full of vitality and activity.

Basaksehir and its attractiveness to the wealthy and businessmen

The Basaksehir area in Istanbul is one of the most important areas that businessmen and wealthy people want to buy residential and commercial real estate, thanks to its strategic location near Istanbul Airport and the city center and the residential properties are also characterized by modernity, elaborate modern designs, and high-quality finishes that are suitable for comfortable accommodation.

The most important residential areas in Istanbul

Here is an overview of the most important residential areas of Istanbul, get to know them and among the important residential areas in Istanbul, the Kadikoy district leads, as it contains many cafes, markets, and entertainment places as Kadikoy Port is also a major transportation departure point.

Among other residential areas, the Osmanbey district plays an important role in attracting families wishing to live in Istanbul, as it includes a wide range of high-end hotels, educational institutions, hospitals, and medical centers while the Florya area is considered one of the vibrant and active areas, as it has many malls, commercial and entertainment centers, and Florya is close to many residential areas, which makes it an ideal area for living.

Notes when buying real estate in Istanbul

You must ensure that there is a real estate appraisal report before purchasing, and consult a real estate expert to ensure the safety of the deal and in addition, the investor must determine his budget and see many properties in order to be able to choose the best property in terms of location, price and services provided as before making any purchase, you must ensure that you obtain a detailed purchase contract translated into Arabic and specify the desired residential or commercial area as it is recommended to consult the comprehensive legal guide to buying real estate in Turkey before embarking on any purchase.

Common questions

1 - Is it possible to obtain citizenship by purchasing commercial real estate?

In general, Turkish citizenship can be obtained on the territory of the Republic of Turkey by purchasing a property worth 400 thousand US dollars.

2 - Is it recommended to buy real estate in Istanbul?

It is highly recommended to buy real estate in Istanbul, whether it is commercial or residential, as real estate investments in it are among the most successful in the world as the Turkish government provided great facilities for real estate investors and reduced barriers to real estate investment.

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing in real estate in Turkey is only a way to gainTurkish citizenship or real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.

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