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A residential project at reasonable prices in Beylikduzu, Istanbul
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A distinctive residential project at cheap prices in Beylikduzu
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The best investment at Affordable prices in Istanbul Safakoy.
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A residential project at special prices in Istanbul, Beylikduzu
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Affordable apartments with sea view in Buyukcekmece
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Apartments with sea views and affordable prices in Beylikduzu, Istanbul
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A luxury residential project in the western part of Istanbul, Beylikduzu
Why Istanbul?
Between the beauty of nature and the blue of the sea, Istanbul is the center of the heart of the world, and also forms a bridge between East and West, which trade and civilization depend between peoples, chosen by thousands every year for stability, investment and the launch of new commercial projects, within a balanced and attractive economic environment for various types of investment.
Istanbul, the Best Turkish cities of foreign investors
Turkey: Your Real estate investment gate
Throughout the ages, real estate was the safest, most stable and profitable type of investment, and the Turkish real estate market was not that strong and growing like now, with year-to-year registration rates increasing in the influx of foreign investors to own property in various Turkish cities...
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Tur Property
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Do you intend to search for cheap apartments for sale in Istanbul? Can this type of apartment befound in that city?
Istanbul is the city of real estate diversity, as it has many real estate options that suit all tastes and budgets without exception and is no less important than any of the important European cities.
In this article, the editorial team at TUR PROPERTY Real Estate will share with you the most important information related to the possibility of buying cheap real estate in Istanbul, and the most important areas in which this real estate category is available will be indicated.
Can I find cheap apartments for sale in Istanbul?
One of the important questions that is asked by everyone who intends to enter the real estate market in Istanbul is whether there is a possibility to find cheap apartments for sale, or is this impossible due to the high luxury that characterizes real estate in that city and also because of the luxury and modern residential complexes.
In fact, it is very easy to find cheap apartments for sale in Istanbul for several reasons, the most prominent of which are:
- Firstly, the real estate market in Istanbul is full of abundant real estate offers that satisfy all desires.
- As a result of the construction companies' tendency to build many luxury residential complexes, we have a balance in the volume of supply and demand.
- The real estate appraisal document controlled real estate prices in Turkey and prevented sellers from manipulating prices.
- The Turkish government's monitoring of the Turkish real estate market and its imposition of some strict laws.
In the context of talking about real estate in Istanbul, it is important to point out that it is one of the most sought-after destinations in the world for apartments or properties for sale in the world. obtained through this investment; this is a natural result of the many advantages that can be obtained through this investment.
Importance of buying cheap apartments in Istanbul:
In your opinion, what is the benefit that you will get by buying a cheap apartment in Istanbul rather than other Turkish cities? Is it really a right choice? Through the following paragraph, you can see some of the advantages of buying this type of apartment in Istanbul:
1 - First of all, you should know that cheap apartments in Istanbul are a great idea for real estate investment and a good start in order to make abundant profits. The reason behind this is that real estate prices, whether in Turkey or in other developed and high-end countries around the world, cannot remain constant for a long time, as it always rises and increases according to the strong economy of the Turkish state on the one hand and all the manifestations of modernity that surround the Turkish real estate sector.
2 - If the value of the apartment is 75 thousand US dollars or more, it enables you to get a real estate residency, which is one of the most important types of residencies in Turkey, which a foreigner usually seeks to get because it is the legal means that authorizes him to reside in Turkey.
3 - Most of the urban transformation projects are organized in the cheap or remote areas of Istanbul, and this guarantees you that real estate in those areas will have successive rises, which guarantees you a huge profit.
4 - Did you know that this type of apartment is an important alternative to renting? You guarantee that this apartment is yours, while rents are endless.
5 - In cheap areas, you guarantee that no additional revenues will have to be paid, while in modern apartments or in luxury residential complexes, monthly returns are a burden for many people.
6 - If you think that cheap apartments in Istanbul do not provide you with the high-end lifestyle you are looking for, then you are in a big mistake, as they do not lack any of the public facilities, service and entertaining facilities such as schools, hospitals, entertainment places, parks and others.
7 - The Turkish government is constantly working to provide these areas with public transportation networks in order to make transportation to and from them very easy.
How to find cheap apartments for sale in Istanbul?
Now we have come to the most important question, which is how to find cheap apartments for sale in Istanbul. Is it easy or are there some difficulties in it? In fact, it is easy when you follow some procedures and steps, which we will review through the following paragraph:
Cheap apartments in rural areas:
If you want to find an apartment with a reasonable or moderate price, we advise you to head towards rural or remote areas far from the city center because the rule says that the further away from the center of Istanbul, the lower the prices and vice versa.
The cheapest apartments in Asian Istanbul:
One of the options available to you to buy a cheap apartment in Istanbul is to choose the Asian side of the city, despite its high importance and the unparalleled luxury of real estate, but the prices of apartments are cheaper than those in the European section.
Stay away from modern real estate:
One of the most popular ways to buy a cheap apartment in Istanbul is to stay away from newly built or luxury apartments with modern designs, because the more distinguished the property is, the higher its price.
Don't choose sea views:
In terms of the views of the apartments for sale, the apartment should not have a charming view of the sea, green spaces, mountains or the like. The more distinctive the view, the more it will have a significant impact on the price of the property or apartment.
Where can I find cheap apartments for sale in Istanbul?
In fact, many people are wondering where to look for cheap apartments for sale in Istanbul. Should they go to the European side of the city or to the Asian side? Should their research focus in the city center or on the outskirts?
Below, we will have a long talk about the most important areas to search for cheap apartments for sale in Istanbul, and we will highlight some of their advantages and many information related to them.
1 - Court Coy area:
-It is considered one of the most important areas of Istanbul at all.
-It contains a lot of luxury real estate with a high-end urban style.
-Despite the development of the real estate sector in it, the real estate prices are considered very suitable.
-Many real estate investors choose to invest in real estate, believing in the high percentage of profits that will be made through it.
- Construction companies are constructing many real estate projects with a unique architectural style that many people around the world are looking for.
2 - Pendik Istanbul area:
This area is also located on the Asian side of the city.
- You will find a lot of luxury real estate projects with a high-end architectural style.
-Real estate projects in that area are distinctive and of high quality.
- you can find the most high-end residential complexes in that area, which provide you with a luxurious life.
-Real estate prices in this area are very suitable compared to the real estate prices that you will find in -the neighboring areas.
- Of course, real estate prices in Pendik Istanbul or in other areas of Istanbul vary depending on many factors.
3 - Beylikduzu area:
- Now we are going to refer to one of the most important European areas of Istanbul at all, which contains many modern real estate projects that were recently developed in it.
- One of the information that you do not know is that Beylikduzu is the focus of the attention of many construction companies that are working to build the most important and finest residential complexes in it.
-There is a great deal of demand for buying and owning real estate and apartments in Beylikduzu, and this is due to its uncountable privileges.
-It witnesses a remarkable real estate diversity, where you can find apartments, and is also famous for its high-end villas with a charming view.
- Real estate in Beylikdüzü overlooks the green spaces and sometimes overlooks the Marmara Sea and Büyükçekmece Bay.
An important detail that we must point out about Beylikduzu is that real estate prices in it are rather cheap compared to the real estate prices that you will find in its neighboring areas such as Basaksehir or Sariyer. But you should know that prices in it will not remain the same for long, as it is expected to have a significant rise in prices during the coming periods, and this is a natural result of the increased demand for it on the one hand and its location in the European side in the city on the other hand, which made it close to the most important infrastructure projects Like the new airport and the new canal.
Housing and stability in that area for those who no longer face any difficulty after the Metrobus line passed through it, and this gave it a lot of investment importance and connected it with all areas of the city and with its center.
Finally, you should know that green spaces, parks and gardens occupy a lot of space from this area.
4 - Basaksehir area:
- It is a great idea to look for apartments for sale in Istanbul, Basaksehir, as it contains a variety of real estate that has never been found before, as it is famous for having many high-end and luxurious residential complexes equipped with everything that makes life in it classy and distinctive.
-Construction companies are keen to build a lot of high-end and distinctive projects to meet the largest possible demands.
- The infrastructure of this region is very strong and developed, and there are many public transport lines that have linked it with more than 80% of the areas of Istanbul.
- Başakşehir includes one of the largest hospitals in Europe (Başakşehir Medical City), which is equivalent to eight hospitals at the same time, which is a qualitative leap in the world of medicine and health in Turkey and is ranked third in Europe.
Real estate prices in Basaksehir are constantly increasing and rising, and this is what encouraged many investors to choose to search for apartments for sale in them, as they ensure that their money will grow and increase constantly.
5 – Esenyurt Istanbul area:
- Also, this area is located on the European side of Istanbul and is considered one of the main options for many people looking for real estate for sale in Istanbul, especially if they are looking for cheap apartments in particular.
- The real estate style prevalent in that city is old or popular, and you also find a lot of modern properties that meet different tastes without any exception.
-Real estate prices in Esenyurt Istanbul are cheap because it does not have any metro line.
But in your opinion, will the prices of apartments in Esenyurt remain cheap? Certainly not, as it is expected to rise in the coming days with the completion of the construction of the new metro line, which will increase the value of real estate investment and real estate prices.
Therefore, everyone who wants to buy an apartment or property in that city should go to Esenyurt at the present time and seize the opportunity to buy a cheap apartment and then resell it shortly after to earn high and abundant profits and thus achieve the rule that states the need to buy at a low price and sell at a high price if you want to get a profitable and distinctive real estate investment.
Is Turkey real estate confined to the rich only?
Many people interested in real estate markets around the world raise many questions about the real estate market in Istanbul in particular, and not in other important cities, especially in light of all the many facilities offered by the Turkish government and the many privileges that can be enjoyed by the investor or the property buyer.
In fact, the city of Istanbul, with this great real estate diversity that characterizes it, provided a lot of options for buyers, and it became very easy to find the right property for them in terms of specifications and prices as well.
Cheap apartments by installments in Istanbul:
If you do not have enough financial balance to buy an apartment in Istanbul and pay the full price in cash, you should not give up your dream of owning real estate in that city, but there are many other ways that make you able to own it without borrowing, which is (buying an apartment by installments), because of this huge demand for real estate market in that city, construction companies have worked to create a lot of luxury projects in order to cover all requests and needs, whether local or foreign.
To buy a cheap apartment in installments in Istanbul, you have two main options:
The first: buying an apartment through one of the construction companies with a direct sale contract between the two parties, through which the specifications of the apartment, its price, the method of payment and the date of payment of installments are determined, and it is the choice of many looking for apartments for sale in Istanbul, where they do not have to pay high interests.
The second: purchasing an apartment by installments through a bank, who had previously purchased apartments from construction companies and paid them in installments to the buyer, but these entail greater benefits.
Benefits of buying an apartment by installments in Istanbul:
If you choose to buy an apartment by installments in Istanbul, I am absolutely confident that you will get a lot of privileges, as this is one of the most appropriate ways to buy and own real estate in Turkey, especially for those who do not have a sufficient financial budget.
Below we will provide you with many points that summarize the most important advantages of buying installment apartments in Istanbul:
1 - It allows you to get Turkish citizenship if the value of the property is 400 thousand US dollars or more.
2 - Through it, you can obtain real estate residency, which is one of the most important types of residencies in Turkey at all.
3 - Also, you will not have to face many financial pressures if you were to pay the price of the property in cash.
4 - Installment real estate is a more distinguished option than renting, as in the end the property will be yours.
5 - You can benefit from the property before you pay all the fees and installments you have to pay.
6 - You will find in front of you many important and distinguished options and offers that suit you, making the choice easier.
The importance of buying real estate in Istanbul:
Have you wondered about the reasons that drive foreigners and investors around the world to search for apartments and real estate for sale in Istanbul specifically, and not in other cities around the world?
Through the following paragraphs, you can see everything related to the benefits and importance of buying real estate in Istanbul:
1 - Obtaining Turkish citizenship:
One of the main reasons that encourages any foreigner to search for apartments for sale in Istanbul is that it is an opportunity to get Turkish citizenship, which is one of the most important and powerful nationalities in the world, according to the many privileges and unlimited advantages that the holder can have.
How to get Turkish citizenship when buying an apartment in Istanbul?
Simply, its price must be at least 400 thousand US dollars, in addition to the need to commit not to sell it before passing three years since the date of its purchase.
2- Applying for a real estate residence permit:
Do you have a complete idea of real estate residency in Turkey and the most important privileges that its holder can get?
-It is one of the most important types of residencies in Turkey, as mentioned above.
-It can be obtained by purchasing an apartment with a value of at least 75,000 $.
-The property must be specifically residential.
-All family members get it, not just the property owner.
-Through it, it is possible to move between the Turkish states with complete comfort.
- It allows its holder to get a lot of public services, whether medical or educational.
3- A successful investment opportunity:
The real estate sector in Istanbul is a profitable opportunity for many investors around the world, especially those who want to make abundant profit and high returns, especially in the tourist seasons, where foreign demand increases dramatically in order to see the monuments, historical places and charming nature.
One of the most important reasons why real estate investment in Turkey is profitable are:
-The large population that is growing day by day.
-The advanced infrastructure with which the most important countries in the world compete.
-Real estate prices that we can describe as moderate or appropriate.
- Diversity of real estate that suits different tastes.
- A safe environment for permanent stability and enjoyment of a life of luxury.
-The economic capital of the Turkish state.
4- Government facilities and support:
The Turkish government has spared no effort in attracting foreign investments to it, because of its absolute belief in the necessity of their presence there, because this provides them with a lot of development for the country and enhances the status of the Turkish economy.
The Turkish government has worked to reduce real estate taxes, which are a burden for any investor, and thus these reductions open the way for him/her to make more profit.
It also exempted the foreigner who buys real estate in Turkey for the first time in Turkey from paying the value added tax and recognized the necessity of extracting the real estate appraisal document, which is the document that preserves the rights of the foreigner from theft and prevents him/her from falling victim to real estate fraud.
5- The developed Turkish economy:
It is no secret to anyone that the Turkish economy has reached an advanced position in the world, and this made it a dangerous competitor to the most important economies of the world. According to many expectations, the Turkish economy is likely to be ranked fifth in the world by 2030 for two main reasons:
-The young Turkish population in Turkey contrary to the situation in most countries of the European continent, which are experiencing a huge population deficit.
-The many strategic plans developed by the Turkish government.
Are there disadvantages to buying cheap apartments in Istanbul?
Before deciding whether cheap apartments in Istanbul are the best option for you or not, you should look at their negative aspects, which are as follows:
-The buildings that are located in the cheap or remote areas don not provide the services that are found in the luxury residential complexes in the central areas.
- Sometimes some areas may be far from public transportation lines, schools, hospitals and universities.
- If your goal is real estate investment, you will not get the investment returns that you aspire to get.
-Real estate prices in those areas do not rise in proportion to the high rates recorded by real estate in high-end or luxury areas.
- These properties, due to their low value, are not suitable for getting Turkish citizenship, and their specifications often do not match the conditions for getting it.
- Its view is normal and not distinguished as apartments overlooking the sea.
You can visit our website frequently to see the most important information and details related to the real estate market in Istanbul and Turkey in general and to explore the latest news related to the real estate sector in Turkey.