Luxury property for sale in Istanbul and real estate guides right now: Our goal in presenting these statistics is to clarify that the number of properties sold in Turkey, of which Turkish citizens constitute 97%, while the share of foreigners is only 3%, as shown in the figure below for the number of properties sold to foreigners in Turkey (compared during March 2021). From this we conclude that the vast majority of real estate was sold in the local market, and this clearly means that the Turkish real estate market is a profitable investment market, otherwise there would not have been an increased demand for new real estate purchases, especially under construction by Turkish citizens (who do not seek citizenship but a net investment 100%). Read additional details at Real estate agency in Istanbul.
Whereas London is already one of the world’s premier cities, the Turkey 2023 vision plan aims to boost Istanbul to equal status, and this gives real estate investors the edge. In 2016, Barnes International also ranked Istanbul as the number one city for potential. Gone are the days, when we buy a house for life. Changing lifestyle habits as well as work and career commitments means selling a house is just as important as buying it. Studies say current generations will own an average of three different houses in the lifetime, hence buyers are also hedging their bets when it comes to selling and that is where the Istanbul real estate market steps up.
The prices of ownership apartments in Istanbul vary according to the area in which you intend to buy and own an apartment, and the more equipped and modern the area, the more expensive the prices. Also, the larger the apartments are with a larger area or their finishing is distinctive, the more this will affect the prices of ownership apartments in Istanbul, in addition to the effect of the location of the apartment itself on the prices.
Many beginners in real estate investing in Turkey are looking for quick profit, which makes them rush in their decisions and they often end up in loss. The real estate sector is one of the most growing sectors in Turkey which provides all investors with a good investment return, but the key to success in this sector is time. Investor’s efforts must first be based on understanding the market and then choosing the best property in terms of region and quality. Then wait, as one real estate investment expert says. “Real estate investors are the only ones who make money while they are asleep.”
Istanbul, Turkey travel is one of the top reasons to invest in Turkey. If there is one thing that we wanted to try in Turkey was Turkish Coffee. We’d had it all over the world, but to have it in its country of origin was beyond heavenly. It takes great preparation to make this tiny little cup of caffeine, but the effort is worth it as it’s one of the most delicious and rich blends of coffee you will ever have. Don’t drink it to the last drop though, the bottom of the cup is filled with coffee grinds. (the secret ingredient perhaps?) The waterfront is filled with bars and clubs and this is where the hip young professionals of the city hang out. Dave and I clearly didn’t hang out here as we’re neither hip nor young, but we did take a stroll through the city and had a glass of wine!
Panorama is a leading company specializing in real estate consultancy and brokerage. We help buyers to buy and sellers to sell. We provide luxury apartments, smart homes, elegantly designed offices, modern constructions and all consultancy services. Our head office located in Istanbul, Turkey. Our goal is to earn your trust and make sure you are comfortable with the process of buying a home in Turkey from start to finish. The perfect place to witness the trace of emperors in Istanbul is Hagia Sophia. It was built in 537 AD, the impressive building first served as an Orthodox church, but after the Ottoman invasion, it was turned into a mosque in 1453. In the 20th century, the government decided to secularize Hagia Sophia and declare this historic building as a museum. It was first opened on February 1, 1935. The highlight of this Istanbul landmark is the massive dome. With 102 feet in diameter and 184 feet in height, the dome of Hagia Sophia is considered as the marvel of architecture in that timeline.
It is worth noting that today, by purchasing real estate online and by appointing one of our company’s lawyers, you can not only get the best investment opportunity while you are in your home, but also apply for Turkish citizenship for you and your family, and when you visit Turkey at a convenient time for you, you can directly receive the Turkish identity. We have always believed in Panorama that difficult circumstances carry distinct opportunities, and you too today can seize the opportunity of lower real estate prices and obtain Turkish citizenship while you are at your home sitting on a large sofa with your family. Find more details on https://panoramaturkey.com/.