Buying a property in Istanbul is an ideal opportunity for Iranians and other countries’ citizens who are interested in buying a home in Istanbul due to its high investment value and excellent return on investment. Istanbul is one of the most beautiful, modern, and fascinating cities in Turkey, welcoming a large number of tourists and immigrants every year.
Due to its historical museums and touristic attractions, exciting beaches, and a blend of modern and traditional neighborhoods, this city is an excellent choice for real estate investment and immigration to Turkey.
Buying a property in Istanbul is a good idea, why?
According to official statistics of Turkey, the majority of immigrants to this country choose Istanbul for real estate investment and apartment purchase. Istanbul is the largest and most populous city in Turkey, which has been able to attract many immigrants and foreign nationals to buy property due to its mosques, historical and sight-seeing places, affordable housing, high job opportunities, and many other advantages for living.
You can choose your desired apartment, villa, or suite from the available options on our website and talk to our consultants to complete the purchase process. You can also get help from Home Turk’s experienced professionals for buying apartments in other parts of Istanbul or any other type of property from scratch to the end.
Why Istanbul is better than Other Cities in Turkey?
With a little thought, it becomes clear that we cannot ignore the role of Istanbul in Turkey’s economic progress. This metropolis of Turkey plays a significant role in the country’s economy, and its economy is constantly growing, partly due to the large number of immigrants who come to this city every year.
1. Istanbul’s Significant Role in Turkey’s Economy
If we take a brief look at Istanbul’s role in Turkey’s economy, we will see that Istanbul has captured 38% of all industrial production, 57% of national exports, 60% of national imports, and 40% of all taxes collected. In fact, Turkey has grown and progressed thanks to Istanbul’s industry, and this city is also a financial source for Turkey, employing about 35% of the country’s workers.
2. Experience a Profitable Investment
Modern and European real estate projects (administrative, commercial, and residential) are under construction and completion in all parts of Istanbul. Some of these projects are sold in installments and are delivered within 6 to 24 months. Given the significant increase in property prices in Istanbul, you can be sure that your investment will grow significantly by the time the property is delivered.
3. Obtaining a Turkish Passport and Citizenship
Buying a property in Istanbul worth at least $400,000 is a quick and easy way to obtain citizenship of this country. The risk of this method is zero compared to other methods of obtaining a Turkish passport, and you can get your passport in less than 6 months. You have no limit on the number of houses or properties you buy. You just need the total amount of your investment to be at least $400,000.
4. Enjoying the Benefits of a Turkish Passport
By buy property in istanbul for $400,000 and obtaining a passport of this country, you can enjoy various benefits such as:
- Traveling to 70 countries in the world without a visa
- Using all free educational, medical, and social facilities
- Obtaining Turkuaz Card and Turquoise Card
- Participating in elections and referendums
Obtaining Turkish Citizenship by Buying Property in Istanbul
As explained in the previous section, one of the best advantages of buying a property in Istanbul is obtaining a Turkish passport. This means that if you can buy a property for $400,000 or several properties with a total value of $400,000, you can obtain Turkish citizenship by following the terms and conditions of this country. We recommend reading the article “Obtaining a Turkish Passport by Buying Property” for more information.
Conclusion
Investing in real estate in Istanbul is so profitable that, without exaggeration, obtaining a Turkish passport is completely free for you and is a kind of bonus for this investment. After buying a property in Turkey, your passport will be issued in up to 6 months. Since the Land Registry Office (TAPU) puts a note on your property deed, you have no right to sell it for 3 years. But after this period, you can easily sell the property and there will be no problem with your passport.
if you have any questions about Turkish residency buy buying apartment in turkey or Turkey Citizenship by Investment and so on, take a look at our other articles.
Travok company will be delighted to give you more information about buy aparment in alanya or buy aparment in turkey and so on.