Shops for sale in Istanbul
Investing, the word that has always been mentioned when the word Istanbul is mentioned since Istanbul is a city that considered the conjunction of the east and the west. As it it a melting pot that has various nationality. Therefore, investing in shops is one of the lucrative businesses that investors and capitalists look for. Due to Istanbul's great economic value that helps develop funds and trade, as its location between the continents of Asia and Europe made it a link between the two continents at the commercial level, this has always positively affected the city's economy, which is constantly rising. Hence, in our article we will talk about shops for sale in Istanbul.
Why invest in shops in Istanbul
The field of real estate is one of the safest areas for those wishing to invest in Istanbul, and this field is represented in land, houses and shops whose value often remains the same, but it can increase in value significantly over time, and this also happens in the case of real estate especially, those that are still under construction, their price while they are under construction is lower compared to their price after they are ready, as it increases, and this increase includes shops whose price increases with time.
That is why there is a great demand for buying and investing in shops in Istanbul, as it is one of the investments that are considered less dangerous than others, at a time when Istanbul has turned into an investment and economic interface that attracts investors from different countries of the world, and this comes at a time when Istanbul receives millions of tourists On an annual basis, the economic and social life in it is constantly refreshing, which is why many investors are looking for shops for sale in Istanbul.
Types of commercial real estate to invest in Istanbul
The types of commercial real estate that can be relied upon in Istanbul for investment vary, and this diversity is often based on the purpose for which these properties are used, and this presence of many types has helped to provide diverse opportunities for investors on an ongoing basis, and below we review the most prominent of these types:
This type is represented in office real estate, which is often found in high-rise buildings within cities, and may be located in complexes and modest facilities on the outskirts of cities. Up to ten years, investment in offices is one of the most important types of investment in Istanbul.
Investing in shops in Istanbul is a special thing, as it is possible to rent shops after purchasing them, and it can also be done to sell them after a period to obtain profits from the price difference, and what distinguishes these shops is the continuous financial return, which is why many are looking for more shops for sale in Istanbul.
This type of commercial real estate includes those places that are used for trade purposes, and often depend on them for storage of goods and products. Perhaps investing in warehouses is one of the distinctive options that can be resorted to in Istanbul, for what can be obtained by renting them.
Due to the heavy and continuous tourist demand for the city of Istanbul, hotels are witnessing a continuous movement and an increasing demand by visitors and investors, so when investing in hotels in Istanbul, high financial returns can be achieved, at a time when Istanbul is approaching the nature of life in the Arab world, this means that it is preferred over other tourist cities in the region.
Learn about hotel apartments and investment details.
The most important specifications for choosing a shop in Istanbul to invest in
There are a set of criteria that must be met in any shops for sale in Istanbul that are desirable to buy, as they help to reach the appropriate shops for the desired goals, and the following are the most prominent of these criteria:
The location of the shop:
When searching for shops for sale in Istanbul, it is necessary to take into account the selection of the appropriate location that is compatible with the purpose of the purchase. The location of the shop if it is intended to be re-leasing, will differ from its place if it was purchased with the aim of displaying products or even to be sold afterwards.
Its presence in the city center:
When searching for shops for sale in Istanbul, one must take into account which is the presence of the shop inside or outside a market or complex, so that it is constantly close to the movement of people like the city center , and so that it can achieve the required returns and the desired goals.
closeness to transportation:
If the project you want to work on in the commercial shop depends on transportation in istanbul , the shop you want to own must be close to the transportation line, whether it is main roads or metro lines.
Proximity to public facilities:
where it is not possible to do without it when choosing any shops for sale in Istanbul, these facilities are car parks, ATMs, malls, commercial complexes, heating services, security system, etc.
Documents required to invest in a commercial store in Istanbul
Providing the required papers in order to achieve a safe investment in the shops in Istanbul is important and concerns all investors who come to Istanbul from all over the world, and the following are the papers that it is necessary to provide:
The passport is translated:
the passport is the document that expresses the person everywhere, especially in Istanbul within the Turkish territory. The passport must be prepared with a translator into the Turkish language, and it is possible to request proof of nationality in some cases, and this depends on the nationality of the willing Owning shops for sale in Istanbul.
This number is extracted through the Tax Department in Istanbul.
It is the paper that proves the transfer of foreign currency.
Real estate appraisal:
which is extracted by the real estate owner, and it must not have passed more than three months since its extraction.
It is provided when the buyer is not located in Turkey or cannot be present in it somehow.
How Right Home helps you choose the right store to invest in Istanbul
Right Home offers excellent options for those looking for shops for sale in Istanbul, and it shortens a lot of steps for buyers, based on its long experience in the labor market, and its possession of an integrated team that is able to connect you to the appropriate shops for the businesses you wish to open in Istanbul. At the time when the company provides shops for sale in Istanbul, it is among the best and most luxurious areas in the city, which is constantly attracting many tourists. Read More
At the end of our article, we have talked about shops for sale in Istanbul, and we have reviewed the papers required to invest in these shops, after we got acquainted with the types of commercial real estate in Istanbul, at a time when you can contact Right Home Real Estate Company to get the best investment opportunities