Investing in Istanbul

4 reasons why Istanbul is the perfect choice for investment

Last edited:Feb 12 , 2024
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4 reasons why Istanbul is the perfect choice for investment
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Turkey is one of the countries that starred in the recent years in the field of real estate and real estate investment , as the attention of Arab and foreign investors and businessmen turned to it , due to the remarkable growth of residential and investment projects , in addition to the incentives and facilities provided by the Turkish government to investors , which gives them the right to obtain real estate residency and Turkish citizenship according to specific conditions .

Learn about news and laws of Turkish citizenship from here :Turkish citizenship

It has become easy to find suitable projects for housing and investment in Turkey , as the options and areas vary according to the areas and prices , so that it suits all tastes and classes and meets all needs .

 

 RH 80- apartments with Bosphorus view and suitable payment plans in Sisli 

A first class residential and investment project in the center of Sisli , specifically in the fast growing Bomonti area .

The project is located in one of the most famous areas on the European side of Istanbul , Bomonti district , a growing area that attracts the attention of investors at the moment , which is characterized by easy access to the most vital places in the city , and its proximity to shopping centers , airports , hospitals , universities and schools .

The project location is just 8 minutes away from Taksim .

This project has been designed in line with the highest quality standards in real estate in Turkey .

All apartments have private balconies with views of Istanbul or the Bosphorus .

The project includes special facilities that provide residents with comfort and entertainment and meet all their needs such as swimming pools , gym, walking paths , sport courts and restaurants , in addition to surveillance cameras and security .

Invest in this project today and benefit from its prices which will increase by 40% after the completion of the project .

All the project details in this link : RH 80

 

Turkey has come a long way in the field of real estate development , and has achieved great success in this area , and statistics indicate that the numbers of real estate sold in Turkey are increasing day by day , and the Turkish real estate market has become a competitor to European and Asian markets , and this development and remarkable progress attracts the attention of investors day after day.

 

 4 reasons why Istanbul is the perfect choice for investment 

  1. The Turkish economy is constantly growing :

The Turkish economy has witnessed development and growth during the past few years as it has achieved unprecedented growth rates , and accordingly , real estate prices in Istanbul have been greatly affected and recorded during the two years 2017 , 2018 , a remarkable increase due to the increased demand by foreign investors , especially Arab investors , as they were attracted by the low real estate prices in Turkey compared to real estate prices in the Arab countries and Europe . In addition , residential projects in Turkey compete with their quality and beauty for similar ones spread in Europe and the world in many aspects , such as interior decoration , materials used in construction , the natural surroundings of gardens , green spaces and charming sea views .

The Turkish economy is one of the most economies around the world that have a brilliant future . Expectations indicate that during the next ten years it will become one of the fastest growing economies around the world because of its attraction of $ 15 billion in foreign investment annually , and the amount increases every year , and it is the sixteenth largest economy around the world .

According to the opinions of economists , Turkey has developed investment plans for the year 2020 that will make it compete with the top 10 markets in the world , such as Russia , America , China and India , and it is moving steadily to achieve its goal , and we are now witnessing the beginning of this success of Turkey's investment plans that will see light by the year 2023 .

The real estate market in Turkey in general , and in Istanbul in particular ,  is witnessing a great recovery and development , witnessed by figures and statistics issued by the specialized institutions for statistics , where a previous statistic showed that the number of properties sold in Istanbul alone during only September of last year 2019 has reached 8 thousand and 347 properties , and Istanbul is considered as one of the biggest selling points where the best types of real estate investment are available in Turkey , and the Turkish real estate market is within the budget of most investors .

 

  1. Turkey's strategic location :

The geographical location is another important factor for the prosperity of Turkey , as it is a link between Europe and Asia , and has provided a functional role and a paradigm shift in the field of trade between the two continents . Turkey's strategic geographical location gives it weight and political importance , as it is the center of transformation in the Middle East and Europe . The distinguished location of Turkey has made it a tourist destination that millions of tourists come to every year from all nationalities and religions , which has increased the country's income and tourism revenues , and drew attention to investment in this country that has all the ingredients for success .

Besides , Turkey is characterized in general and the city of Istanbul in particular by the presence of the Bosphorus Strait , the Bosphorus Strait is the waterway that connects the Black Sea and the Sea of ​​Marmara , and it divides the city of Istanbul into two parts , one section on the European continent and the other part within the Asian continent .

The importance of all the straits in the world lies in its economic and political role , especially that the strait may at times be the only outlet for many sea routes , and the Bosphorus in Istanbul is of great importance in reviving the economy in Turkey and Istanbul .

The length of the Bosphorus strait is about twenty-seven kilometers , and its width from the northern entrance side of the Black Sea is approximately 3.9 kilometers , and the narrowest parts of the strait reach between sixty and forty to seven hundred meters only , while the depth of water in the Bosphorus strait ranges between six and thirty to a hundred and twenty two meters .

This strait is also called the Istanbul strait , because it is located in the heart of Istanbul , Turkey . The Bosphorus has two main ports in Istanbul , in the western part of the city there is the " Golden Horn " which is considered the western port for it , while in the eastern part there is the port of " Heydar Pasa " which is located in the Asian part of Istanbul .

The waters of the Bosphorus Strait are considered as part of international navigation , as ships pass from this strait in one direction , and at least fifty-five thousand ships pass through the Strait of Bosphorus annually , loaded with goods and holdings .

 

  1. Continuous development in construction , technology , and infrastructure :

The ongoing reforms undertaken by the Turkish government with the aim of constantly reviving its economy , as it is a country with a bright future . And from that , its total sufficiency of natural resources and its export of agricultural products , cars and furniture to various countries around the world . In addition to the huge development projects adopted by the Turkish government , such as the opening of Istanbul International Airport , the largest airport in the world , the launch of the Istanbul International Financial Center , and the continuous development of the transportation and train network .

The economy of Turkey is characterized by rapid growth and development . In the twenties of the last century , Turkey was only a fully agricultural country , but now it is one of the most important industrial countries that export its products to all parts of the world . The centers of Turkish industry and trade are concentrated around the Istanbul city area and in the rest of the major cities . In Turkey , the industrial , commercial , agricultural , tourism , real estate and educational sector thrives in Turkey , and from it the country became self-sufficient and its import from abroad decreased .

The infrastructure in Turkey has advanced high technology in all the things that a successful investment requires from transportation , remote means of communication and advanced marine transportation facilities and is characterized by its low cost .

Turkey allocates huge infrastructure projects to budget and well-studied and developed plans , all of which stems from its true belief in the importance of infrastructure and how the existence of such strong structures will be the first and essential step for development and confirmed renaissance .

The infrastructure projects planned by Turkey are in several directions , including :

First : Developing the transportation infrastructure :

As the Turkish government decided to pay special attention to intensive means of transportation , road networks , trains , and railways , as well , the Turkish government pays attention to airports and facilities for the public transportation sector , as it allocated to those structures in the range of 135 billion USD , and this is considered much of the budget for infrastructure development .

Second : Development of energy centers :

The Turkish government attaches great importance in the fields of energy and its sources , as it started to allocate a huge budget for the development of energy projects , such as centers for solar energy generation , and other nuclear and wind energy, and had been allocated to them in the range of $ 125 billion .

Third : the development of facilities and large cities :

The Turkish government has also made a comprehensive plan for the development of construction in large and vital cities , in order to make an integrated plan for the advancement and preservation of the beauty and legacy of those cities , which are a major source of tourist attraction and a facade that reflects the inherent beauty of Turkey , and the government has allocated it in 40 billion dollars in budget .

Besides , Turkey is closely following technological developments , and the Turkish government knows that supporting technological developments is a critical step , as this age is the era of technological progress .

 

 Special residential projects in Istanbul 

RH 163 - One of the best projects in Maslak , ready for housing with a view of Belgrade Forest 

Apartments for sale in Istanbul in a huge project like a full-service city , which includes a shopping center , 5-star hotel and integrated social facilities .

The project provides an ideal choice for housing and investment . The project was built in three phases : the units of the first residential phase have been completed and fully sold , the second phase includes shops and a shopping center , while the third and final phase is a mixture of residential and commercial apartments .

The project is located on the European side of Istanbul , specifically in Maslak , one of the largest real estate development areas in the city .

Maslak is one of the main central districts of Istanbul and it is one of the fast-growing areas of the city .

Maslak area is close to transportation links that will take you to all parts of the city in a few moments , and you can easily access the main areas and sights of the city .

Maslak is the ideal area for investment in Istanbul , where it promises high profits and high returns on investment in a few years .

The project is located only minutes away from Taksim and Levent , not more than 5 minutes from Bosphorus , and 25 minutes from  Istanbul's third airport , which gives it strategic and investment importance .

The project is located near the metro station and public transport .

The project is located in the Cendery Valley , among the regions of Istanbul that have gained the highest value .

The project is located next to Maslak and Levent , which provides a pleasant life with transportation opportunities .

The project attracts attention through its location close to shopping centers , arts , health facilities , transportation and education centers .

All the project details in this link : RH 163

 

  1. The incentives offered by the Turkish government to foreign investors :

As the Turkish government provides facilities and incentives for foreign investors who want to invest in Turkey , and through this it gives them the right to obtain Turkish citizenship according to several conditions :

  • When buying a property in Turkey with a value of two hundred and fifty thousand dollars at least $ 250.000 , provided that the property is preserved and not sold for three years .
  • When investing in fixed capital with no less than five hundred thousand dollars , $ 500.000 .
  • Turkish citizenship is granted to foreigners who show a document proving that they have deposits in the bank with a value of no less than five hundred thousand dollars , $ 500.000 , and that the deposits remain in the bank for a period of three years .
  • Turkish citizenship is granted to foreigners who prove that they have purchased borrowing bonds from the state , provided that these bonds are not sold for a period of three years .

And those who obtain Turkish citizenship enjoy many advantages , including :

  • The strength of the Turkish passport , as the Turkish passport ranks 39th globally , giving its holder the right to enter 72 countries without a visa .
  • Turkish passport and Turkish nationality are processed and delivered in a relatively short period of up to 30 days .
  • Turkey's relationship with the European Union , where negotiations and agreements are still ongoing between the Turkish government and the European Union countries regarding Turkey's accession to the European Union . Turkish citizens have the right to enter Europe without a visa in the future .
  • The ability of Turkish passport holders and Turkish citizenship to benefit from retirement programs as a Turkish citizen .
  • The Turkish government provides free education and payment plans to the university for holders of Turkish passport and Turkish citizenship .
  • The Turkish passport gives its holder all voting rights for all types of elections in Turkey .
  • The Turkish government allows dual citizenship for those who hold Turkish passports , as they can also have dual citizenship .
  • The Turkish passport has a validity of 10 years upon receipt and can be renewed for life .
  • The economic importance of Turkey , including the ongoing reforms undertaken by the Turkish government with the aim of always reviving its economy .

 

 RH 180 - Ready luxurious homes with direct sea view in Zeytinburnu 

The project was built on a land area of 63.500 square meters . It consists of 6 residences blocks plus 1 hotel block , with its green spaces of 51.500 square meters .

The project offers apartment options ranging from 1+1 to 5+1 , in addition to garden duplex and penthouse .

The project located on the European side of Istanbul , in Zeytinburnu district , on the shore of the Marmara Sea ,  just outside the walls of the ancient city .

The project located at the very intersection of all new transportation systems , road , sea and rail systems of Istanbul right beside the Historical Peninsula .

In this project , the sea will become part of your daily life . You can reach the marina with only one minute’s walk from your home over the footbridge directly connecting the project to the shore .

The project includes many services and facilities that meet all your needs , such as parking for cars , video intercom system , gardens , playgrounds , swimming pools , sauna and others .

The project also offers security and surveillance cameras 24/7 .

The project is ready for delivery , and for more details please visit the project link here : RH 180

 

Also , foreign investors can obtain a real estate residence or investment residence that facilitates them to conduct government transactions , travel to and from Turkey without the need to obtain a visa , and it has other advantages such as legal living in Turkey , and free treatment at the state expense in all government hospitals , and benefit from the retirement pension after the age of sixty , and the children get the opportunity to enter Turkish schools for free , and also , it helps the owner in obtaining bank loans , and other benefits granted by the Turkish government to the residents .

 

We at Right Home real estate company in Istanbul provide you with the opportunity to purchase a property in Turkey in an easy and reliable way with our legal team overseeing all procedures .

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