The most important infrastructure projects that encourage investment in Istanbul

Created: 2022-04-14
Last Updated: 2024-04-25
Views: 1163

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Check out the most important infrastructure projects in Istanbul:
Other advantages of real estate investment in Istanbul:
Other reasons that encourage investment in Istanbul

The Turkish government did not hesitate to provide everything that contributes to attracting foreign investments to it, investors and businessmen because of its belief in the great impact that it will have on various sectors and fields in Turkey.

One of the most prominent factors that encourage foreigners to invest in Istanbul or in Turkey in general are the advanced infrastructure projects that have ranked highly at the global level.

These projects have a positive impact on real estate, as they contribute to an increase in their value. Through the following article, you can learn about the most important of these projects.

Check out the most important infrastructure projects in Istanbul:

Through the following paragraphs, we will inform you about the most important infrastructure projects in Istanbul, which had a role in attracting investors to it, and which were built in recent years, and we have chosen for you the largest and most important.

1 - New Istanbul Water Canal:

- It is considered one of the largest and most important projects in Turkey at all (it was called the Century Project).

- Its construction began in the middle of last year.

- It extends from Lake Kucukcekmece in the south to the Black Sea in the north.

- Its importance lies in the fact that it will relieve pressure on the Bosphorus.

- It provided job opportunities for many people.

- When completed, it will have a positive impact on the Turkish economy.

- It will contribute to the rise in real estate prices in the city, especially near it.

2 - New Istanbul Airport:

- It is one of the most important and modern airports in the world.

- Although it is modern, it has gained an advanced position in the world.

- It has won many awards and is still in the process of being built and designed.

- The purpose of its presence is to relieve the pressure on Ataturk Airport, and it was an ideal solution to address the population density in the city and to receive the millions of tourists who flock to it annually.

- It has a capacity to receive more than two hundred and fifty million passengers each year.

- It is spacious and can accommodate about five hundred aircraft in its runways at the same time.

3 - Basaksehir Medical City:

- Turkey has recently witnessed a great renaissance in its medical sector and has developed many advanced hospitals and medical centers that have been ranked internationally.

- Did you know that it has a capacity equivalent to eight hospitals at the same time?

- It has been equipped with the latest technologies and staffed with the most important specialized medical staff.

- It ranked first in Istanbul and third in the world.

- Its great impact on the real estate and investment sector in Basaksehir cannot be overlooked.

4 - Eurasia Tunnel:

- This tunnel is considered one of the most important projects implemented in Turkey.

- It linked the European and Asian sides with each other.

- It was officially opened in 2016.

- One of its most prominent features is that it is equipped with an earthquake-resistant system.

- It is about 14 meters high and 15 kilometers long.

- It is classified as one of the unique projects because it is not ordinary, but rather passes under water.

- It reduced the distance from 100 minutes to only 15 minutes.

- It was one of the effective solutions to the congestion and high population density in Istanbul.

- Significantly raised the importance of real estate investment in the city.

Other advantages of real estate investment in Istanbul:

Through the previous paragraphs, we presented to you the most important projects in Istanbul, but it is certainly not the only reason that prompted foreigners to invest in it, as there are many other reasons, and this is what we will talk about in the next paragraph.

1 - Istanbul, the economic capital of the Turkish state.

2 - It ranked fifth among the most densely populated cities in the world.

3 - There are many high-end and modern real estate projects (residential complexes).

4 - Real estate prices in that city are low compared to prices in other countries of similar importance.

5 - Real estate residency can be obtained when purchasing residential real estate.

6 - The possibility of applying for Turkish citizenship if the property value is two hundred and fifty thousand US dollars or more.

7 - You will get a great profit and a high return, especially in the tourist seasons.

8 - There is a great diversity of real estate, meaning that you will not be in front of specific options of real estate.

9 - The value of real estate is constantly increasing, especially with this great development that the city is witnessing.

10 - There is great ease in buying real estate in this city or in other cities where you can find government departments everywhere.

Other reasons that encourage investment in Istanbul

The motives that encourage investment in this city are not limited to the aforementioned, but there are many other advantages such as:

1 - The geographical location, which extends over two cities at the same time (Asia and Europe), which gave it great importance and made it possess the characteristics of both.

2 - The reviving economy in Turkey, which recorded significant growth in a short period thanks to the strategic plans set by the Turkish government.

3 - The political stability that was a catalyst for many investors, especially the Arabs, in light of the collapses that their countries are witnessing.

4 - It is expected that real estate prices in Turkey during the coming period will rise up to fifty percent.

5 - The possibility of buying real estate in installments if you do not have a sufficient financial budget to pay in cash.

In the context of talking about real estate investment in Istanbul, we advise you to deal with a real estate company when searching for properties for sale, as it reduces you a lot of effort, fatigue and the trouble of random search.

We at Ramzy Real Estate provide you with the best real estate investment opportunities in Istanbul. Do not hesitate to contact us to provide you with the required assistance in finding the right property for your aspirations.

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.

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