"Apartments for sale in Istanbul" is the most exciting sentence for Arab and foreig investors in Turkey, especially in the past years, which witnessed a great development in the construction sector in Istanbul, accompanied by a significant increase in the number of foreigners buying properties
. in this article, you will learn about the most important details and secrets of why Istanbul real estate is attractive for foreigners
Why are you looking for apartments for sale in Istanbul?
As a foreigner staying in Turkey, what motivates you to inquire about real estate ownership in Istanbul? What makes you spend hours looking for an apartment in it?
Of course, there are strong reasons that motivate you to look for an opportunity to own an apartment in this state
The most important reasons are:
-The importance and vitality of Istanbul, as it is the first tourist and economic center in Turkey
- The need for accommodation and stability in Turkey, and is what Istanbul provides more than other provinces, from services, government concerns, jobs and study opportunities, and many other elements of a decent and stable life.
-Real estate prices in Istanbul are considered good prices if we compare them with real estate prices in some European capitals.
-The opportunity for real estate investment in Istanbul is greater than other provinces, because of the great demand for accommodation, whether from the locals themselves or from other foreign nationalities.
-Istanbul has a distinguished list of vital projects that make the real estate market live and guarantee an increase in real estate prices as well as the annual rents which lead to reducing the number of years to recover
the capital and this is considered one of the biggest motivations to search for apartments for sale in Istanbul.
- Also, the urban transformation projects in Istanbul are considered one of the largest urban projects in Europe. Most of the construction and real estate contracting companies in Turkey have chosen Istanbul to build the finest modern residential complexes that are equipped with the latest services as well as it is overlooking the most beautiful natural areas in Istanbul.
- The real estate options in Istanbul are unlimited and suit all tastes, and the investment options are very wide and indefinite.
It is not enough to refer only to these motives, but we must talk about them in detail and provide a full explanation so the respectable reader can accurately learn about the secrets of why it is so attractive to buy apartments in Istanbul, and the reasons that motivate the search for it especially for foreigners
And the next paragraphs will be devoted to these details.
Istanbul has the largest ownership percentage in Turkey
Not in statistics, not in a year or two, but in general, it became obvious of statistical news that Istanbul's share of real estate sales, whether to foreigners or to Turks, is always the highest.
Most Turks prefer Istanbul to own real estate
The annual statistics issued on the number of real estate sales in Turkey indicate that the largest proportion of these sales are for the province of Istanbul, and this can be clarified through the following table, which was reviewed by the editorial team in Al-Fanar, quoting from- National Statistical Institute of Turkey – TURKSTAT:
Even foreigners, most of them prefer to live in Istanbul
and their search for apartments for sale takes the highest percentage in Istanbul, and this is shown at
this year’s statistics since its beginning, according to the numbers in the following table, which we quoted from the periodic report of the National Statistical Institute in Turkey-TURKSTAT
Other statistics about owning real estate in Istanbul
we find Istanbul the most preferred for Turks and foreigners, and it always has the largest proportion of selling real estate in Turkey, and the following are the most important results that clarify what we mean by our words, according to the statistics of the first half of 2021.
Real estate prices in Istanbul
In our introduction, we mentioned what increases the importance of buying an apartment in Istanbul to investors is the prices.
Here is some information about apartment prices in Istanbul in 2021
Average price per square meter in Istanbul 2021
According to the latest real estate appraisal reports, the average price per square meter in Istanbul reached 10,027 Turkish liras (ten thousand and twenty-seven Turkish liras) in 2021, and it is considered the highest real estate value for apartments in Istanbul.
The average price for an apartment of 100 square meters in Istanbul ranges from 770,000 Turkish liras to 1,330,000 Turkish liras, however, there are many factors that affect increasing or decreasing of the price for an apartment in Istanbul.
If we take a quick tour of the average prices of 100 square meters apartments for sale in Istanbul in several areas, we will find the following details:
Increasing real estate prices in Istanbul
The state of Istanbul has witnessed a significant increase in the prices of the properties over the past years, where it has made remarkable leaps in this field, for example:
As for the increase in the monthly rent values of rentals in Istanbul, it also witnessed a significant increase, as shown in this table:
The economic feasibility of investing in buying a property in Istanbul:
What will you benefit from buying an apartment in Istanbul? This question will be answered by Al-Fanar in the following example:
Supposedly you bought an apartment in Istanbul of 100 square meters at an average price of one million Turkish liras, the expected investment schedule will be as follows
Also read: Apartment prices rise in Turkey at the beginning of 2021
Istanbul complexes
Istanbul is famous for many modern residential complexes, which provide the finest Appartement choices through:
Attractive engineering designs for residential complexes –
Real estate options and apartments of various sizes and styles-
Integrated social services. -
-Entertainment services
-Green spaces and places for children
Shops centers -
-The complexes are also distinguished by their vital location and high investment value
-Some complexes provide distinguished services such as smart home systems, hotel apartments with full services, or office apartments (home office), with special services for offices, such as reception halls.
Therefore, when you look for apartments for sale in Istanbul at residential complexes, be sure that you will choose the most convenient apartment for you.
And you definitely need to have a real estate consultant who advises, guides and helps you to complete the procedures of owning an apartment with the specifications you want in a legal and official way, step by step until receiving the key to your property.
Apartments for sale in Istanbul from Al Fanar
Al-Fanar Real Estate is one of the branches of Al-Fanar Group, which is known for its services and dedication while being responsible, proficient, and sincere.
Therefore, our company "Al-Fanar Real Estate" was clearly a pioneer in this sector
Al Fanar Real Estate Services
Al-Fanar group provides a distinguished set of services that facilitate the process of owning a property in Istanbul which will save you the effort and fatigue of searching and find your desired request easily through
our following services:
- will do our best to help you find your dream property by providing a very large data of real estate options that include all neighborhoods in Istanbul with prices available, in the most prestigious residential complexes.
- We provide a real estate consultancy service with responsibility and honesty.
- We will accompany you on a special real estate tour of your most important real estate options in Istanbul.
- We provide you with free legal services through our own legal office, including the process of obtaining Turkish citizenship through real estate investment if the price of your property is 250 thousand US dollars.
- We provide you with after-sales services to ensure a safe and satisfying real estate ownership experience
- We offer you a free real estate residence permit service.
- Al Fanar Real Estate Projects
We will not talk much about this subject, but we will give you the opportunity to see for yourself all our unique real estate projects with detailed reports on each project, about its location, advantages, and prices with payment methods, provided with pictures and videos.
Kindly Do not hesitate to view Al-Fanar projects by clicking on the Apartments for sale in Istanbul.
