Competition in the International Real Estate Sector Has Led to the Revival of the Real Estate in Istanbul
International real estate industry continues to come one of the most important sectors with volume of 790 billion dollars last year. Dubai, Warsaw and Istanbul are following after the city such as Monaco, London, Los angeles, Tokyo, New York and Chicago with the highest prices per square meter in the World.
Foreign investors begin to turn the other cities like Istanbul due to increasing prices on the global scale.
Competition in the international real estate sector has led to the revival of the real estate in Istanbul. Already now, 3 streets able to attract the attention of foreign investors with high value. According to the report of Cushman & Wakefield, Istiklal Boulevard, Abdi Ipekçi Avenue and Bagdat street appear the most valuable streets of Europe under favour of high rental income.
Besides that, rural and out of city areas like Sultanbeyli, Tuzla and Sile seems extremely ideal for large-scale real estate projects.
Real Estate in Istanbul Will Gain Value Rapidly in the Upcoming Years
In Istanbul, the city is growing on different axles. Considering investment opportunities in the Asian side, Cekmekoy seems quite high potential. Apart from this, Maltepe, Tuzla, Atasehir, Kartal and Pendik which will soon be undergo changed are the top fields will have a significant long-term returns. On the European side real estate in Istanbul, the situation is little different. Old buildings and roads which is settled in the city does not offer too many possibilities for new real estate areas. So, the old parts of the city undergo a major urban transformation. Following this transformation, Kagıthane and Gaziosmanpasa districts are among places to gain serious value.
Real estate in Istanbul will gain value rapidly in the upcoming years. In parallel with the development of the main arteries in Istanbul, field that will make a splash is rapidly growing. Significant point is how to shape these links and routes. It was made plans for a large-scale which mention as 1/100000 in Istanbul. Accordingly, some subway and commuter rail operations are continue. In spite of the situation not clarified, spoken some routes on the third bridge. This route that links places to main arteries will increase a significant value in the near future. In fact, real estate investments that always capable of to be a premium house are in the city center. In crowded cities, there is a word “If you can get there handily, you should settle there”. Therefore, central region real estate in Istanbul always increase the value.
Real Estate in Istanbul Located On the Coast is Preferable For Summer Vacation
The Marmara region and Bosphorus shore are most important real estate in Istanbul for investors who look forward to get a perfect place. Istanbul's islands and coastal regions such as Buyukada, Sile, Silivri, Gumusyaka, Selimpasa and on the other side, Hisar, Kemerburgaz and Gokturk are among the best alternatives to live for summer. Transportation problems of the past are now completely resolved with various transportation opportunities. You can easily change hands without losing value when you want to sell real estate in this region. Summers are periods of increased residential mobility. Prices of real estate in Istanbul fall in the winter. Therefore those who want to invest can buy a garden house or villa in winter with a more reasonable and advantageous prices.
Real estate in Istanbul located on the coast is preferable for summer vacation. Istanbul's islands and coastal areas have a pleasant climate that you can spend your summer vacation. Burgazada, Buyukada, Kınalıada, Heybeliada and Sedef islands are has private beaches and wealthy forestland. You can purchase a summer house with a large private garden, swimming pool and a sweeping waterscape. You can travel around the island by a bike; swim and diving where you want freely.
Real Estate in Istanbul Will Add Your Life Too Many Different Facilities
When you come as a tourist, you can enjoy the beauty of Istanbul for a few days. On the other hand, if you have a home, living in Istanbul will be a completely different experience. Real estate in Istanbul will add your life too many different facilities. Some of these opportunities are listed below;
Historical places integrated with modern city:
Istanbul has a living history literally with city walls, mosques, palaces, and museums. To be witness and feel the nostalgia, no need to go very far. Because sections of Istanbul carry historical events in every corner. The Topkapi Palace, fascinated by the splendor and architectural, is located at the beginning of historical places to see in Istanbul. Hagia Sophia Museum surprised many domestic and foreign tourists in Sultanahmet Square. Basilica Cistern, which is used by the Byzantine Emperor's palace to meet the water requirements, with column in the rising waters is among the most curious places in Istanbul. Gulhane Park, Blue Mosque, Dolmabahce, Beylerbeyi and Ciragan Palace, Suleymaniye Bath, Rumeli and Anadolu Fortress and bazaar are top historical places that must to see in Istanbul.
Istiklal street, one of the most crowd boulevard in Turkey, welcome thousand of people in a night. Istiklal street is full of pubs, cafes, restaurants, discos and perfect stores to shop. In Sultanahmet area, you can find too many gourmet delicacies in restaurants and smoke nargile or have drinks in company with local songs. Karaköy,Ulus, Bebek and Nisantası, too precious real estate in Istanbul, has a complicated nightlife that has all kinds of places. Here are modern face of the city.
Istanbul Sports and leisure time activities:
Sport is an outstanding activity of modern and social life in Istanbul. The city life procures the facility for too many different sport activities such as fishing, sailing, watersports, football, basketball or tennis.
Concerts and Festivals in Istanbul:
Istanbul, European Capital of Culture in 2010, hosts too many different festival every year such as International Dance Festival, Rock and Coke, Istanbul Shopping Fest, Istanbul Jazz Festival and ıstanbul Film Festival. And also many world-famous artists and bands are visiting Istanbul. You can do whatever you want among many different activities.in Istanbul.