Best Locations for Investment in Istanbul
Istanbul has long been one of the most attractive provinces in Turkey for both locals and foreigners to invest in.
Neighborhoods that were previously regarded as the finest places to purchase have been supplanted by new districts, which are constantly expanding as a result of new building and developments. The transformation is brought about by new developments and building projects. Urban transformation projects and transportation infrastructure are only a few of the appealing factors that draw the greatest attention from investors and offer long-term profit potential owing to capital gains and rental returns. Because of the new rules, Istanbul is also the most popular city for foreign investors seeking citizenship. That is why foreigners who wish to invest in Turkey take advantage of the benefits of Turkish citizenship. Buying a house is also extremely simple, and the Turkish government recently issued new laws allowing foreigners to own property in Turkey, so you may easily locate and purchase your ideal houses in Istanbul.
Now, let’s have a look at where you may put your money for investment in Istanbul, with some of the finest districts in terms of transit, culture, and safety.
Beylikdüzü is one of the other areas with the greatest value growth. The most significant reason for this is the high quality of the investment and transportation projects. With the Bakirköy-Avclar-Esenyurt-Beylikdüzü-Büyükçekmece metro line, transportation has been significantly simplified, and the price rise is anticipated to continue.
Kadikoy, located on the Asian Side, is the most popular investment location. Kadikoy provides the possibility for financial gains and excellent rental returns due to its closeness to the European side, convenient transit through the metro line, and proximity to attractions such as Acibadem and Bagdat Street. Average sales in the area are increasing as a result of urban transformation initiatives, particularly branded real estate developments. Besiktas, Sariyer, and Bakirkoy have become some of the most expensive neighborhoods in the last three years, with prices likely to increase further.
Esenyurt has long been a desirable area due to its position, and it continues to maintain its worth and sales interest. Especially the Sultangazi and Bagcilar provinces, which are growing in terms of investment value and profit due to new, high-quality real estate developments. Esenyurt is near to all modes of transportation and has the potential for returns on investment and rental yields.
Kagithane was one of the districts in Istanbul with the greatest sales and price growth during the past three years. Transportation takes less time since it is on the bridge highways linking the two sides, near to the workplaces owing to its central position, and the transition to Taksim and Istiklal Street with the latest tunnel developments. The Mahmutbey-Mecidiyeköy metro line will make it more simpler to travel across areas. As a result of these transportation developments, housing costs and demand for real estate projects are anticipated to rise.
Kartal district has become one of the areas with the greatest value growth in the past three years, thanks to transit projects like as the Kartal-Kadikoy metro line, urban transformation projects, and public investments such as the Istanbul Anatolian Justice Palace. Despite its distance from the city center, Kartal is easily accessible to both the D 100, the major route from Anatolia to the Bosphorus Bridge, and the TEM, the huge highway that spans the Bosphorus through the Fatih Sultan Mehmet Bridge. When the Marmaray project is finished, it will be feasible to reach the European side of Istanbul without having to change trains.