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Invest in the Asian Part of Istanbul and Get These Advantages

Invest in the Asian Part of Istanbul and Get These Advantages

We are talking here about one of the oldest civilized cities in history, which is the ancient city of Istanbul with its moderate climate and strategic location, where originality and antiquity meet with modernity and development at the same time, and the Turkish city of Istanbul is unique in that it connects the Asian and European part, which caused real estate investment in Istanbul's Asian part to become of great importance to Turkey and its investors.

 

Where is Istanbul located?

The Turkish city of Istanbul is located in the Asian part, which is considered the most important in the civilization of the city of Istanbul, and this part is characterized by peace, calm and tranquility unlike the European part, as well as the charming scenic landscapes, and many tourist areas and historical monuments, all these factors have made Asian Istanbul a destination for foreign investors and real estate owners, as well as tourists from everywhere.

 

 

Why do investors invest in the Asian part of Istanbul?

As the city of Istanbul is the economic and tourist capital of Turkey, and it embraces different cultures of both the European and Asian parts, it has made it a new attractive destination for foreign investors.

Because of the congestion of the European part with the delegations of tourists and visitors, and the increase in the volume of economic and tourist industry in the European side, there has recently been a boom and an increase in the number of people heading to the Asian side of Istanbul, and economic activity began to rise, so, real estate investment on the Asian side began from Istanbul.

 

Advantages of real estate investment in Asian Istanbul

There are many advantages that foreign investors are looking for in order to invest their money in a certain place, and to mention that, the most important advantages of real estate investment in the Asian side of Istanbul guarantees the investor financial development and upward profit, due to the continuous and upward demand for the ownership of real estate units in the city, and also because of the population density, which promotes economic and tourism investments.

 

General information about the Asian city of Istanbul

The total area of ​​Istanbul province is about 5461 square kilometers, with a land area of ​​about 5343 square kilometers, and the land in the city center is about 1830 square kilometers, and the Asian part occupies a large space of ​​the urban area, and vice versa for the European side.

Istanbul is filled with many high-end areas that are luxurious, and the high-end areas in the Asian city of Istanbul differ for many reasons, a large part of which enjoys the beauty of the picturesque nature, and another part enjoys urban and economic development, as well as countless numbers of different projects.

 

Important areas for real estate investment in Asian Istanbul

Çekmeköy area, which is one of the leading and prominent areas in the field of real estate investment and residential projects on the Asian side, where the return of residential investment is 24 years, and there is a metro line in the area that connects it with the Üsküdar area, and there are also many transportation projects such as the North Marmara Highway.

In the Basaksehir area, a significant increase in land and real estate prices has recently been observed, and the return of residential investment continues for 24 years. The authorities begin to develop Basaksehir area by building distinctive housing projects, especially in the western side of Basaksehir.

Umraniye area, real estate investment prices have increased in an Umraniye area due to the development of the financial center in Istanbul, and prices have risen regularly during the past three years, and the return of residential investment in this area is 23 years.

It is expected that Umraniye area will have a higher value than that, especially when the construction of the financial center is completed and the metro line near the area, which links between Uskudar, Umraniye and Çekmeköy, is completed.

 

The relationship between real estate investment in the Asian part and the rate of population increase

There is a parallel relationship between real estate investment prices and the rate of population increase, as two-thirds of the population of Istanbul now lives in the European part, and upon completion of the projects being implemented, it is expected that the population on the Asian side will increase to 40%, which of course leads to an increase in real estate prices in this area.

 

Areas in Asian Istanbul, Turkey:

The Asian city of Istanbul includes many areas distributed over its geographical area, and these areas include Kadikoy area, which contains 21 residential areas, not to mention the Maltepe area, which is one of the oldest cities in Istanbul, making it very famous, and then Skudar area, where calm and the splendor of the picturesque nature are, there is also a subway station that connects the two sides of Istanbul, and there are some urban areas that are famous for their vast green areas, then Tuzla area, which is located in the south of the Asian region and adjacent to the Sea of ​​Marmara, as well as the areas of Princesses Island, Kartal, Eli, Bandik, Sanjak Tepe and Sultanbeyli .

The diversity of these areas, and their advantages, provide the opportunity for investors to come for real estate investment in the Asian side of Istanbul.

 

Infrastructure advantages of the Asian city of Istanbul

In addition to the geographical advantages of Istanbul, the city's infrastructure is always a mere concern of the Turkish government, especially in the past two decades, where transportation is available to Kadikoy area, which is a transportation center that passes through Bosphorus Strait, which lies between Asia and Europe, service centers are also available in the city of Istanbul, not to mention the various shopping centers, and a number of mosques, schools, universities and institutes sufficient for the population.

 

The areas of Uskudar and Kadikoy in Istanbul

Uskudar is an area with a unique geographical location, as it is located next to the Bosphorus Bridge and the Maiden's Tower, which is one of the most famous and most important tourist attractions in Istanbul, and near Uskudar, there is a distinctive sea view of the Marmara Sea.

As for Kadikoy, it is one of the most prestigious areas as well, and is considered a gateway to the seaport of the Asian part of the sea lane, and the return on residential investment in this area lasts for 31 years.

 

The rest of the Asian Turkish areas of Istanbul

Recent data and statistics confirm that there will be a significant increase in the prices of Riva, Almadag, Kurtkoy, Polonizkoy and Sankaktepe areas in the next few years.

Hence, we have come to the conclusion of our topic in which we told you about the ways in which anyone can invest in the Asian side of Istanbul and get these advantages, related to Turkish citizenship, Turkish passport, tourist and student residency, and permanent one as well. We hope that we have provided you with comprehensive information about investing in Istanbul in general, especially real estate investment.

 

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

 

Editing by Ramzy Real Estate Team ©

 

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