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Real estate investment in Gumhuryiat region of Istanbul

Real estate investment in Gumhuryiat region of Istanbul

Do you have an idea about real estate investment in Gumhuryiat Istanbul? It is one of the important areas in Istanbul, located on the European side, and it is intended for many real estate investors, after it witnessed a remarkable development in its real estate sector. 
You can read this article with us, which will talk about all its details and the most important information about it, and we will shed light in particular on real estate investment in it. 
We wish you a useful reading. 
 

The importance of real estate investment in Gumhuryiat Istanbul: 
 

Are you interested in learning about the real estate investment in this area? Through the following paragraphs that we will provide, you can discover everything related to this topic. 
The idea of ​​housing and residency in Gumhuryiat Istanbul is one of the options that Arabs prefer. 
You should know that (Gumhuryiat neighborhood) is divided into two parts, the first is located in Beylikduzu and the second is in the Esenyurt region, and the prices has increased significantly during the past years, so that the average price per square meter in Gumhuryiat of Esenyurt last year was 4086 Turkish liras, while it was recorded in Gumhuryiat of Beylikduzu about 2034 Turkish Liras. 
The same applies to real estate rents in this region, as it has also recorded successive increases over the past years. 

 

Real estate investment in Istanbul


 

Important information about Gumhuryiat Istanbul : 
 

We have already mentioned that it is located on the European side in Istanbul. 
Part of it is located in Beylikduzu and the other is in Esenyurt. 
The E-5 highway separates the two parts, which has given it a high investment value. 
The population of that area reached 38,200 people. 
The population density is concentrated in the part located in Beylikduzu. 
It is one of the areas suitable for families to live. 
It is one of the areas that Arabs choose to live in. 
Did you know that most of the population of this region are young people? 
It got several names, such as (Mahِallesi ). 
 

The areas near Gumhuryiat region: 
 

It is 27 minutes away from Avcilar, which is approximately (12.1) km. 
It is a way from Kucukcekmece  in a distance of 62 minutes (23.5) km. 
It approaches Buyukcekmece, in a distance of 25 minutes (16) km. 
It is 51 minutes (56) km from Istanbul Airport. 
As for Sabiha International Airport, it is 130 minutes away, or about (92.3) km. 
Did you know that its proximity to these areas and strategic projects made it a destination for real estate investment because it helps in increasing its value, and therefore the investor will ensure that he receives abundant profit. 

 

Buy property in Istanbul


Whether you want to invest in real estate in Gumhuryiat Istanbul, Beylikduzu or Gumhuryiat Esenyurt, you have an important investment future for the following reasons: 
The demand for real estate has increased dramatically. 
Relatively lower prices compared to other regions. 
High population density that specifically requests apartments and residential properties. 
The large influx of foreigners to it, especially the Arabs. 
The natural annual increase in real estate prices
Its presence on the European side makes it close to the most vital projects. 
 

Population in Gumhuryiat Istanbul: 
 

You must take a look at the population in this area and this is what we will explain right away. 
The proportion of the population under the age of 15 is approximately 20%. 
The population aged 15 to 24 years is 11.5%. 
Those aged 25 to 34 years are about 16%. 
Those aged 35 to 44 account for 20%. 
Those over the age of 65 are 10%. 
 

Check out the services in the Gumhuryiat region: 
 

When you take a look at its service side, you will be sure of the importance of real estate investment in it, so you should follow the following paragraphs, where we will mention them in detail. 


1 - Transportation in Gumhuryiat:
 

It is close to the most important and famous public transport lines, which makes moving from one place to another very easy. 
The main transportation line is the metrobus, which is the longest and fastest in the city. 
The distance from the center of Istanbul is no longer a problem. 
Transportation has added to the area a lively character and great activity. 
 

2- Banks and bank branches: 
 

In this region, you will find branches of the most important banks in Turkey, such as: 
Ziraat Bank - Halk Bank - Deniz Bank. 
QNB - Kuwait Bank - Granty Bank. 
 

3- Restaurants in Gumhuryiat: 
 

It has many restaurants and cafes. 
It is widely spread near the metrobus line. 
You can eat international delicacies. 
Many of them are Arabic, meaning you can eat the famous Arabic meals. 
These restaurants have given the area so much importance . 

In the context of talking about the services that you will find in this area, we must point out that there are many facilities available in government institutions, such as the Esenyurt Education Directorate, the Beylikduzu Directorate of Education and the Social Security Institution. 



Istanbul is a Prestigious Investment Destination

 

In addition to the importance of the tourist city of Istanbul, and its scenic beauty, it has recently become a prestigious investment destination, thanks to the giant projects that the Turkish government is currently implementing.

 These projects include the restoration of real estate, the construction of modern and advanced housing units, the construction of modern-style villas, and attention to unqualified places so that they are ready and qualified for housing as soon as possible.

These projects are the main factor for attracting foreign and Turkish investors, and working on these projects will continue for the next twenty years.

The Turkish government aims to build six million modern housing units, and it is expected that the headquarters of these units will be Istanbul.

 

Reasons to invest in Istanbul

If we look at the many aspects of investment in Turkey, we will find that the real estate investment market is the most prosperous and booming, and there has been an amazing development in the real estate market in Turkey recently, which made the foreign investor motivated to enter into real estate investment projects in Turkey.

 

Foreign ownership of real estate in Istanbul

One of the most important reasons for the popularity of the real estate investment market in Turkey is the flexibility and simplicity of the laws related to owning real estate in Turkey, as these citizens are the focal interest of foreigners, and in addition to the ease of foreign ownership of real estate units, getting a renewable real estate residency, or citizenship are more encouraging for any foreign investor.

Since learning the Turkish language is something that not every foreigner can do, there are new real estate companies that speak both Arabic and English, for the ease of buying and selling procedures, and they also provide after-sales service and foreign investors can ask for advice from these companies at any time.

 

The spirit of competition in the real estate investment market in Istanbul

There is no doubt that the increased demand for buying real estate units in Istanbul has contributed to the increase in real estate prices and the cost of rent, which made it an irreplaceable opportunity for profit.

For this reason, there is a fierce competitive spirit between foreign and Turkish investors, and the good news is that the real estate market is taking more investment projects, as statistics for the year 2018 indicated that the number of properties sold exceeded the 1.3 million property.

It is noteworthy that the percentage of Turks buying real estate in 2020 increased by only 3%, which is a rather small percentage, while the percentage of foreigners buying real estate units increased to about 74%, which is good for the country's economic situation.

 

Real estate investment options in Istanbul

There are three options available to the foreign investor who wants to invest in real estate in Istanbul, we present them as follows:

• Investment of houses and apartments

This option is common among investors in Turkey, especially Arab investors, and most of them are Saudi investors, because they want to buy suitable units for vacations, and if the price of apartments rises, they sell or rent them.

 

• Investment of villas

This type of real estate investment is characterized by the possibility of making a distinct and high rate of profit, where the villa can be rented to private companies, health service centers, or restaurants and cafes, but it is worth noting that the prices of villas are constantly increasing annually, and perhaps this is what makes foreign investors accept to buy them.

 

• Investment of buildings

The most important feature of the investment in complete the buildings is that it provides the opportunity for the investor to establish large private companies with multiple services and specializations, or major educational institutions, or medical centers at a high level, and recently, after the increase in the number of Arabs residing in Turkey, Arab schools have become one of the best investment proposals in complete buildings.


Finally, it is important to tell you that if you want to obtain Turkish citizenship through real estate investment, there are many suitable offers for this in Gumhuryiat Istanbul. You only have to contact us because we seek in Ramzy Real Estate to help you obtain it through: 
-Providing appropriate offers. 
-We take into consideration what specifications you would like to have in your apartment. 
-Our good relationships with construction companies help you get high discounts. 
-We save you a lot of effort and the trouble of an unorganized search based on our deep experience in the field of real estate in Istanbul.

 

Editing by Ramzy Real Estate Team ©

 

related articles : 

buying property in Istanbul
Istanbul luxury real estate 
Turkish citizenship by investment 
Istanbul property prices 2020-2021
Turkish citizenship by buying property 
Real estate prices in Turkey 2020-2021
Istanbul property investment 
Villas for sale in Istanbul European side 
obtain permanent residence in Turkey
cheap apartments for sale in Istanbul 2020-2021

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