Profitable Purchase Of Real Estate In Istanbul

Real estate investment in Istanbul is very popular among foreign investors. They are focused on new villas and apartments. It’s possible to find many options while working with a developer. In this case, investors can save money if they are going to buy property under construction. Stay Property developer is a famous company that is ready to offer real estate of the economy and premium class.

How To Make Profitable Investments

There are several steps that you should follow to make profitable investments in Istanbul real estate.

1. Make a market analysis before investing in Istanbul real estate. It is important to do to understand the current situation and trends. This will help determine which types of property are in demand.
2. Choose the district. There are many districts in Istanbul. It’s better to focus on areas that are developing fast. In this case, you could get a higher income.
3. Choose the property type. You can choose an apartment, villa, or townhouse. Many investors prefer to buy property under construction. However, make sure that you choose a reliable developer with a good reputation and a transparent construction procedure.
4. Get legal advice before buying a property in Istanbul to make sure that all documents are drawn up correctly and comply with Turkish law.
5. Make the deal in compliance with Turkish law. If you are not going to move to Istanbul, it will be reasonable to consider hiring a professional manager who will help you monitor the condition of the property, rent it out, and deal with maintenance and repair issues.

Instead of speculative investments, consider the option of long-term ownership of real estate in Istanbul. This can help ensure stable passive income from renting out or reselling real estate in the future when the value of the property increases.

5 Reasons To Buy Istanbul Real Estate

Let’s check the reasons of the Turkish real estate popularity:

1. Turkey offers high investment income due to the rate of inflation. According to the data, the annual property price increase reaches 40%.
2. Low demands to get a Turkish passport and residence permit. In this case, investors can move to the country.
3. It’s easy to rent the property out to get the additional income every month.
4. A new canal is being built in Istanbul. After its construction, the value of real estate in the city may rise fast.
5. Istanbul is developing fast. It’s possible to find real estate in compliance with your demands and financial features.

Just contact Stay Property to find some options that are already built and that are under construction. There are many variants in different districts of the city. You can find both: luxury and economy class real estate. Specialists are ready to answer your questions and to help in making a deal in compliance with the law.