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Top 5 Reasons to Invest in Istanbul

24-January-2024

Istanbul is a real estate gold mine, not just for Turkey but for the world. This vibrant city, which connects two of the greatest continents, Asia and Europe, is obviously a worldwide sensation and a treasurehouse for real estate investors. In recent years, Istanbul has proven it’s riches in history, culture, commerce, and tourism. Let’s dig a little deeper and find the real reasons that have made the idea to invest in Istanbul a major crowning glory for all investors.

Here are the top 5 reasons to invest in Istanbul:

Strong Economic Growth: Turkey’s economy has witnessed skyrocketing growth in recent years, and a major credit goes to the heart of Turkey, “Istanbul.” Istanbul is home to a number of large companies, including Turkish Airlines, Zorlu Holding, and Koç Holding. The city is also a major tourist destination, with millions of visitors each year. Inviting many foreigners to invest in Istanbul real estate.

Strategic location: Istanbul is located at the crossroads of Europe and Asia, making it an ideal transportation and logistics hub. The city is also a major gateway to the Middle East and North Africa. The city's strategic location benefits those who invest in Istanbul’s transportation business as well. These businesses can benefit from the city's position as a major transportation hub and its proximity to important markets.

Large and Growing Population: Istanbul has a population of more than 15 million people, and it is growing so fast that by the time you read this article, it might have crossed 16. It is the most populous city in Turkey, which creates a lot of potential target consumers for any business in which you invest in Istanbul. 

Investment-Friendly Environment: The Turkish government has given a warm welcome to all the foreigners who want to invest in Istanbul. There is no restriction on foreign shareholding except in a few specific sectors such as media, education, and aviation, which also have a number of incentives in place to attract foreign investment. That means that foreign investors can own 100% of a business in Turkey. This is not the case in many countries, where foreign investors are limited to owning a minority stake in a business.

Also, there are no restrictions on the repatriation of profits, which means that foreign investors can freely transfer all their profits back to their home country. In addition to that, foreigners can get Turkish citizenship, which comes with benefits like visa free travel to 110+ countries and much more if they invest in Turkish real estate.

Affordable Property Prices: Property prices in Istanbul are still relatively affordable compared to other major cities in Europe and Asia. As compared to many other regions of the world, investing in Istanbul can be relatively easy on your wallet. The city offers a diverse range of real estate options, from new developments to older properties, catering to various budget levels. 

Additionally, the cost of living and property prices in Istanbul, while experiencing growth, can still be more reasonable compared to many other global cities. The Turkish government has also implemented incentives to attract foreigners to invest in Istanbul, including citizenship programs, favorable tax regulations, and a lot more.

While your desires to invest in Istanbul could be elevating. You need to make sure you take calculated risks and don’t let any allure fool you. Be aware and careful of the frauds, and do extensive and proper research before putting your money into something.

The fraud and con cases in Istanbul and overall Turkey continue to expand parallel to their legitimate and profitable investment opportunities. This happens mainly because there are truly so many attractive and profitable opportunities that Istanbul offers. One of the best ways to protect yourself from any kind of fraud is by getting in touch with legitimate, reputed, and well established companies like Rea-Turkey.

Rea-Turkey is the Most Trusted Way to Invest in Istanbul Real Estate

Rea-Turkey is a real estate company famous for sticking to strong ethics and principles while dealing with customers. We have been in the market for more than a decade and have only had happy customers with every deal. We have expert real estate agents and property listings of any and every kind. Everything you desire will be here.

We stick to our motto of providing the most for every penny spent by our customers.

Also, we will assist you with getting your Turkish citizenship, which will make you eligible for visa free travel to 110+ countries and has many more benefits. 

So what are you waiting for?

Your dream home is just one click away!

Explore Rea-Turkey Now!