The real estate market in Istanbul is full of options and offers suitable for applying for Turkish citizenship and luxury and modern projects.
In this article, the editorial team at Hana Real Estate will provide you with a lot of the important information and details you are looking for.
Who gets Turkish citizenship?
Turkey offers citizenship to foreigners who make a significant investment in the country. The minimum amount required is 400,000$, which must be invested in Turkish real estate or government bonds. Alternatively, a foreigner can invest 500,000$ in a Turkish company. There are also other requirements which include having at least 50 Turkish citizens, no criminal record, and being over 18 years old. The application process usually takes about six months to complete.
Reasons why someone might want to apply for Turkish citizenship include:
-Turkey has a strong economy and is a fast growing market for foreign investment.
-Turkish citizenship gives its holder the right to live and work in any of the 28 European Union countries.
-Turkey is strategically located, giving its holder easy access to Europe, Asia and Africa.
-Turkey offers a high standard of living, with good infrastructure.
When buying an apartment in Istanbul, it is likely that you will obtain Turkish citizenship through it if its specifications match the conditions for obtaining it.
How is the apartment in Istanbul suitable for citizenship?
There are many conditions and criteria that must be met in suitable apartments to apply for Turkish citizenship, which are:
-The value of the apartment should not be less than 400 thousand US dollars.
-The apartment must be kept for a minimum of three years.
-Verify that the apartment has not been previously used in order to obtain it.
-The apartment must be purchased from a Turkish citizen or a Turkish seller.
-Extracting the real estate appraisal document.
-The price of the property must be paid through a Turkish bank and taking the receipts that prove it.
Features of apartments in Istanbul:
Istanbul apartments offer a wide range of prices and sizes, making it easy to find what fits your budget. In addition, Istanbul apartments offer a number of amenities that make life easier, such as swimming pools, fitness centers and a 24-hour security system. Most importantly, Istanbul apartments are a way to obtain Turkish citizenship. By buying an apartment in Istanbul, you can obtain a Turkish passport and enjoy all the benefits that come with it.
Istanbul apartments offer a great quality of life at a relatively lower cost than other major cities. The city has a variety of apartments to choose from that will suit any budget. In addition, Istanbul apartments are located in a central location and provide easy access to public transportation.
The most important areas of Istanbul for buying apartments:
In the following paragraphs, see the most important areas of Istanbul, which contain modern real estate projects.
-Istanbul, Basaksehir
Basaksehir is a large and modern district in the European side of Istanbul. It is home to several new apartment complexes, as well as shopping malls, restaurants and cafes. The area is well connected by public transport, with many bus and metro lines passing through it. Basaksehir is a popular choice for families and young professionals looking for a safe and comfortable place to live.
-Uskudar district of Istanbul
Uskudar district is located on the European side of Istanbul. It is an urban area with many residential complexes. The area has plenty of green spaces and is well connected to the public transport system.
-Bahcesehir district, Istanbul
Bahcesehir district is famous for its luxurious residential complexes. One of the distinguishing features that you will find in the region are the expensive cars, such as BMW and Mercedes, which are a common sight in the region. The streets are lined with trees and there are many parks and children’s playgrounds. There is also a large shopping center and many restaurants. The area is also very safe and guarded by security guards.
-Beylikduzu and its modernity
Beylikduzu is a district and one of the 39 districts of Istanbul, located in the European side of the city west of Atakoy and Bakirkoy. Beylikduzu Municipality was established in 2008, and covers an area of 72 square kilometers.
The area has become a popular destination for Istanbul residents who are looking for a suburban lifestyle outside the city center, due to its urban modernity and vast green spaces. New developments in the area include shopping malls, hospitals, schools and parks. There is also a growing expat community in Beylikduzu, which is attracted by its convenient location and good infrastructure.
The most important types of apartments in Istanbul:
Istanbul apartments are a great way to live in this vibrant city. There are many different types of apartments, from small studio apartments to large and luxurious penthouses. The prices of apartments in Istanbul vary greatly depending on the neighborhood, size and facilities. There are also many furnished and unfurnished apartments available for rent.
Istanbul hotel Apartments
Istanbul hotel Apartments is a great way to experience all that Istanbul has to offer. These apartments are centrally located and provide easy access to many of the city’s attractions. The apartments are well equipped and comfortable, making them a great choice for short and long stays. The Istanbul hotel apartments are great value for money and provide an excellent base for exploring all that Istanbul has to offer.
Complex apartments in Istanbul
Several new complex apartments have been built in recent years to accommodate the population growth.
Most of Istanbul apartments are located in large complexes that offer a variety of amenities such as swimming pools, gyms and playgrounds. These complexes are usually located near public transportation and shopping centers. Many of them also have 24-hour security system.
Renting an apartment in Istanbul is relatively expensive, but prices vary depending on the location and quality of the complex.
Studio apartments in Istanbul
Istanbul is a bustling city and has a lot to offer its residents. One type of housing that is popular with young professionals and students is the studio apartment and is often in a central location so that residents can easily walk or use public transportation to work or school. Studio apartments in Istanbul are usually equipped with a kitchenette and bathroom, and some may also have a balcony or terrace.
We at Hana Real Estate are pleased to be your real estate guide in the Turkish real estate market and to answer your various questions and inquiries.
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