What are the Advantages of Property Investment in Istanbul ?
You will find a lot of advantages of property investment in Istanbul in this article. Of course, Istanbul is the biggest metropolis of the Europe and has a significant potential for future with new developing districts and billion-dollar projects. Istanbul holds the leadership of housing sales sector with 20% market share. Istanbul, which has been the priority city for both domestic and foreign investors for years, is located in a central location where the mobility in the real estate market never decreases. You can check out all of the available residence projects for sle by clicking here.
The Biggest Metropolis of Europe
Its population exceeding 15 million and the rate of population growth exceeding the expected make Istanbul the capital of major construction projects as well. You will find a lot of amazing real estate projects in all districts of the city. Especially, the investors from Gulf countries prefer the developing districs of Istanbul for property investment at the last times. With no doubt, the new citizenship regulation made easier to increase the amount of property investment to Turkey. It’s possible to get a Turkish citizenship by 250.000 USD real estate investment. In addition, your spouse and children under 18 years old will have a right to acquire Turkish citizenship. Also, your children over 18 years old will have a permanent residence permit in Turkey.
Geopolitical Position Advantage
Istanbul is located in the meeting point of Asia and Europe continents. This geopolitical position advantage make the city special. Throughout the history, Istanbul hosted many civilizations and people. So, the city has an important historical background with special historical buildings. The Bosphorus is the attraction point of Istanbul. The Bosphorus is the name given to the waterway connecting the Black Sea and the Marmara Sea. Besides all these, the geopolitical position of Turkey, we can say that the transition point of the power of the crossroads of the world economic and energy transfer, as well as IT infrastructure.
Istanbul is one of the transit flight centers of Europe. There have been some mega projects construction in Istanbul like Canal Istanbul and New Airport. With these new investments, Istanbul has been attracting the interest of foreign investors at the last years. Canal Istanbul is one of the most prestigious projects of Turkey. Canal Istanbul will be implemented on the European Side of the city. An artificial waterway will be opened between the Black Sea and the Marmara Sea in order to relieve the traffic of the ship in the Bosphorus, which is an alternative gateway between the Black Sea and the Mediterranean. At the point where the canal meets the Marmara Sea, one of the two new cities planned to be established by 2023 will be established. On the other hand, a new airport established in Istanbul. As of April 6, 2019, all flights at Ataturk Airport, which has been serving as a civil airport since 1953, have been made from the New Istanbul Airport.
Istanbul, which has become one of the most important transfer hubs in the world, has become unable to meet the rising demand with the existing Atatürk Airport and Sabiha Gökçen Airport. With the increasing strategic importance of the region, the arms rolled up to build a new airport. The biggest project in the world airline industry has been started and this project has been completed to a large extent. When Istanbul Airport starts operating at full capacity, it will be the largest airport in the world under one roof. The airport, which will have an annual capacity of 90 million passengers when its first phase is completed, is expected to have a 120 million passenger capacity in 2025. We’ve compiled all of the advantages of property investment in istanbul in this article. We hope it will be useful for you.ENQUIRE NOW