Real Estate in Turkey Commercial Properties in Istanbul | Page 3
The 3 star, 4-star and 5-star hotels and resorts are the favorite destinations for most Arab tourists
who travel to Istanbul and other Turkish cities. You can find a very exceptional hotel and its
business is thriving and ready to handle once the purchase is completed.
If your choice is to buy a ready-made hotel, be sure to have a permanent permit from the
municipality, and it is allowed to renew and transfer it to a more modern stage and development
year after year.
Building for Sale in Turkey
Why Istanbul?
Istanbul is one of the most important cities attracting real estate investment and a preferred
destination for international tourism, so many investors want to buy buildings in Istanbul for
various purposes such as tourism, accommodation, and investment.
The decision to buy a building in Istanbul for the purpose of investment, a right decision
where:
Turkey is strategically located between Europe and the Middle East, where you can find a variety
of golden deals in the growing areas of Istanbul.
Apartments prices in Istanbul have increased significantly in recent years, thus, the purchase of
buildings and residential buildings is becoming an important investment, buying buildings for
investment in Istanbul is one of the most profitable options, the rate of increase in apartment
prices during the last ten years within big cities such as Istanbul have reached approximately 100
percent.
Why buy buildings and buildings in Istanbul?
First, buying a whole building, or building with several apartments and shops is more like a
wholesale trade, and it is known that wholesale trade is the biggest source of profit, thus, buying
a building or a residence in Istanbul is a good investment decision, especially as the buyer gets
competitive prices incomparable to single apartments prices.
Second: buying buildings in Istanbul shortens construction efforts, risks, and fluctuations in
construction prices and cost for the investor...
When buying buildings for sale in Istanbul for investment, it is not recommended to focus on the
popular areas with expensive prices in the city, but it is advisable to go to the investment areas
and areas under development, as well as to search for the best areas of Istanbul in terms of
offices and companies.
It is important to investigate the reliability of the real estate company or the real estate broker
before buying, and to verify the price offered and specifications of the property, also to ascertain
the technical matters relating to the building in all respects, in addition to the legal situation and
the form of registration in the real estate records.