Hello to our dearreaders. We would like to welcome you as a guest of Hata Matata. Once again, we would like to drawyour attention to Istanbul. The demand for real estate in this unique metropolisis growing year by year. Investment forecasts in this direction are the mostfavorable, there are excellent conditions notnot only for living, but earnings from rent or resale of successfully acquired real estate.real estate. In addition, in Istanbul, unlike European cities, you canfind a fairly cheap and promising real estate.

“Decide, act!”

Buying real estate in Istanbul is not a dream to be put offin a long time. Turkey is a very young and progressive country with aa very large percentage of the population is of working age.Surprisingly, almost one in four of Turkey's residents lives or hasin Istanbul. If at the moment in the former capital city there are already more than20 million people living in the former capital, then in the comingthis figure will only increase in the coming years.

For owners of large properties, this is only a plus. For example, it is very easy to find tenants for any property, or to sell the apartment in a few years much more expensive. More people - less oxygen =) More precisely, to live more comfortably, for each resident will need additional living space. Therefore, it is quite profitable to invest in Istanbul in under-construction. And if you take into account European foreigners and local Turks, these are people who have never seen our Khrushchevoks and are used to living spaciously. They determine the demand not for one-room tourist studios, but for good family apartments with several bedrooms and bathrooms.

Until a few years ago, if you talked to a local about Istanbul.you'd hear back that the city was difficult to live in because of the traffic jams. But the city governmentis fighting tirelessly for a convenient and accessible infrastructure. New roadsnew roads are being built. In 2013, the Marmaray metro line was opened. It's a uniquesubway line running under the Bosphorus and connecting the Asian and Europeanparts of the city. In 2016, the third bridge over the Bosphorus was opened with rails for theelectric train and four lanes of traffic for cars. Last yearthe world's largest international airport, the new Istanbul International Airport, became fully operational.Istanbul.

In closing, a parallel can be drawn in terms of price: either aa tiny studio in conservativedank London, or a three-bedroom in promising Istanbul (with the acquisition of the right to a residence permit).In my opinion, the choice is obvious!

Overview of real estate in Istanbul's neighborhoods

Let's get back to comparing Istanbul with other major cities in Europe. How much cheaper than in the EU is it to buyhousing?

For example, if you have 50 -60,000 USD, then youcan certainly qualify for an excellent apartment, but not in the center, but in the periphery of Istanbul.periphery of Istanbul. Unfortunately, in the center of Istanbul for that money you can only buyin the center of Istanbul for this money. There is almost no new housing in the center, almostevery building needs to be repaired and maintained in one way or another.of its appearance. Here prices start from 120 000USD, and in elite neighborhoods the average price is from 250 - 300 thousand USD.

Besiktas.

A neighborhood in the European part of Istanbul, the absolute center of business life.of business life. It is full of high-rise buildings, luxury villas and mansions.