How and which property in Istanbul is better to choose?
Buying a property is a serious decision, especially when it comes to Istanbul, Turkey’s largest city. The real estate market in Istanbul is diverse and may be of interest to different categories of buyers: from investors who want to get high returns to those who are looking for a property for personal residence. In this post, we will tell you how and which real estate in Istanbul is better to choose.
The purpose of buying a property
Before choosing a property in Istanbul, it is necessary to determine the purpose of the purchase. If you want to invest in real estate, then you need to consider high-yield properties, for example, ready-made apartments that can be rented out, or commercial real estate facilities. If you are looking for a property for personal residence, then you need to pay attention to the quality of housing, location, infrastructure, transport accessibility, etc.
Area and location
The area and location of the property is one of the most important factors to consider when choosing a property in Istanbul. Each area has its own characteristics, prices and standard of living. For example, the Besiktas area is the tourist center of the city and is of interest to those who are looking for high-yield real estate. The Fatih district, on the contrary, is a historical part of the city, where you can find apartments in old buildings. The districts of Leitepe, Bakhchelevler and Esenler are distinguished by more affordable housing prices and are considered among the most promising for investment.
New buildings or secondary buildings
When choosing a property in Istanbul, you can choose between buying a new building or a secondary one. New buildings, as a rule, have a more modern design and equipment, as well as a guaranteed guarantee from the developer. However, new buildings can be more expensive, and you need to make sure that the developer is reliable and the project has all the necessary permits and documents. On the other hand, secondary real estate may be more affordable and located in more established areas. However, you should definitely check the condition of the property and make sure that it meets all your requirements.
Price
Determine your budget and look for a property that matches your financial capabilities. Please note that the price may vary depending on the area, condition and size of the property.
Availability of infrastructure
Check the availability of infrastructure in the selected area: shops, schools, kindergartens, parks, transport infrastructure, etc. Determine how convenient it is for you to live in the area and whether it will meet your needs.
Construction quality
Check the quality of the construction and finishing of the property, especially if you are going to purchase a new building. Make sure that everything meets modern quality and safety standards to avoid problems in the future.
The reputation of the developer
Check the reputation of the developer if you are considering a new building. Explore their previously built facilities and read reviews from other customers. This will help you understand how reliable the developer is and how much you can trust him when buying a property.
Hiring a real estate agent
Hiring a real estate agent in Istanbul can help you choose the most suitable property option according to your budget and requirements. The agent can also provide access to the best options that may not be available for self-search. However, you should choose a reliable and experienced agent who will work in your best interests.
Choosing a property in Istanbul is a complex and important process that requires careful analysis and study of many factors. Choose a reliable partner who will help you make the right decision, and remember that the most important thing is your needs and budget.
✅ Comparison of Russian-speaking neighborhoods in Istanbul
Download the checklist. Free!