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Buying property in Turkey https://hayatestate.com/en/katalog/f/currencies__eur/operations__prodazha/locations__alaniya,turtsiya/sort__new/types__kvartiry
Istanbul is an ideal place both for buying a home for yourself and for choosing objects for investment. Istanbul can rightfully be considered the business center of Turkey, however, in addition, it is also related to resort real estate.
The city is located on the Bosphorus Strait and has its own resort coasts with access to the Marmara Sea.
If you are choosing a home for yourself in order to get a residence permit or just live for a while in Turkey, pay attention to inexpensive areas. These include: Gungeren, Sanjaktepe, Sultangazi, Sultanbeyli, Esenyurt. On average, the cost of housing in these areas is about 0.4 million Turkish lira, or about €35,000, if we use the average statistical data indicated by analytics portals. However, we, working with real estate in Istanbul, can safely say that these figures show the cost of a rather shabby "secondary", and the real cost of good housing in these areas of Istanbul will be about €130,000-€150,000.
If you are interested in investing for rental income, you can choose more expensive areas. The period of return on investment there will be higher (on average, in low—cost areas, investments return after 15 years, in expensive ones - about 22 years). But this is solely due to the high cost of the real estate objects themselves. Although the rent for housing can be almost twice as high. Such districts include: Besiktas, Adalar, Beykoz, Bakyrkey, Kadykey, Saryer and Shile.
Buying property in Turkey https://hayatestate.com/en/katalog/f/currencies__eur/operations__prodazha/locations__alaniya,turtsiya/sort__new/types__kvartiry Istanbul is an ideal place both for buying a home for yourself and for choosing objects for investment. Istanbul can rightfully be considered the business center of Turkey, however, in addition, it is also related to resort real estate. The city is located on the Bosphorus Strait and has its own resort coasts with access to the Marmara Sea. If you are choosing a home for yourself in order to get a residence permit or just live for a while in Turkey, pay attention to inexpensive areas. These include: Gungeren, Sanjaktepe, Sultangazi, Sultanbeyli, Esenyurt. On average, the cost of housing in these areas is about 0.4 million Turkish lira, or about €35,000, if we use the average statistical data indicated by analytics portals. However, we, working with real estate in Istanbul, can safely say that these figures show the cost of a rather shabby "secondary", and the real cost of good housing in these areas of Istanbul will be about €130,000-€150,000. If you are interested in investing for rental income, you can choose more expensive areas. The period of return on investment there will be higher (on average, in low—cost areas, investments return after 15 years, in expensive ones - about 22 years). But this is solely due to the high cost of the real estate objects themselves. Although the rent for housing can be almost twice as high. Such districts include: Besiktas, Adalar, Beykoz, Bakyrkey, Kadykey, Saryer and Shile.
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