Istanbul is one of the most important cities attracting real estate investment and a preferred destination for international tourism, so many investors want to buy buildings in Istanbul for various purposes such as tourism, accommodation, and investment.
The decision to buy a building in Istanbul for the purpose of investment, a right decision where:
Turkey is strategically located between Europe and the Middle East, where you can find a variety of golden deals in the growing areas of Istanbul.
Apartments prices in Istanbul have increased significantly in recent years, thus, the purchase of buildings and residential buildings is becoming an important investment in 2017 and 2018, buying buildings for investment in Istanbul is one of the most profitable options, the rate of increase in apartment prices during the last ten years within big cities such as Istanbul have reached approximately 100 percent.
Why buy buildings and buildings in Istanbul?
First, buying a whole building, or building with several apartments and shops is more like a wholesale trade, and it is known that wholesale trade is the biggest source of profit, thus, buying a building or a residence in Istanbul is a good investment decision, especially as the buyer gets competitive prices incomparable to single apartments prices.
Second: buying buildings in Istanbul shortens construction efforts, risks, and fluctuations in construction prices and cost for the investor...
It is important to investigate the reliability of the real estate company or the real estate broker before buying, and to verify the price offered and specifications of the property, also to ascertain the technical matters relating to the building in all respects, in addition to the legal situation and the form of registration in the real estate records.