Istanbul Is a Deep-Rooted Past and a Prosperous Future of Investments

The city of Istanbul is one of the biggest cities in the world, founded in 1000 BC. The city is located in northwestern Turkey in the region of Marmara. It passes through the Bosphorus, dividing it into two parts, east and west. The eastern part in the continent of Asia, and the west is located in the continent of Europe, the population density in the European part is larger compared to the Asian part of the city.

Istanbul’s Borders:

The city is bordered to the north by the Black Sea, to the south by the Sea of Marmara, to the east by the provinces of Sakarya and Kocali, and to the west by the province of Tekirdağ.

In reports by Jones Lang LaSalle a Real Estate Consulting Agency, Istanbul is ranked among the top four cities in Europe with a similar ranking to the cities of London, Paris and Moscow. Investment of the real estate in Istanbul has already outdistanced large number of European cities. The development plans prepared by the Turkish government and the location of the city, which is a strategic location, have contributed to the importance of the city in terms of investment.

The Top Landmarks in the City:

Istanbul is home to thousands of historical landmarks attracting millions of tourists annually. Many different nationalities tend to the investment in Istanbul, especially real estate investors searching for Istanbul properties for future projects. From the landmarks:

The Mosque of Hagia Sophia: One of the masterpieces of Byzantine art, built in five years, with marble walls decorated with golden vases and shiny stones, it has nine doors and four Ottoman-style cylindrical minarets were added to it.

The Blue Mosque: It was built during the reign of Sultan Ahmad I and was named because of the blue tiles that cover its floor and it contains the tomb of the Sultan who founded it.

Bosphorus Bridge: a bridge that connects Europe with Asia and has a length of about 1500 meters. It is ranked the sixth among the longest standing bridges in the world.

Yildiz Palace: A palace built in 1880, it was the seat of the Sultan Abdul Hamid II, a complex of many small houses.

There are many other landmarks in the city of Istanbul, including the obelisk of Thutmose the third, the Sultan’s Mother’s Mosque, the Palace of the High Gate, the Chora Museum, Fethiye Mosque, the palace of Dolmabahçe, Galata Tower, the Sultan Mehmet El Fateh Bridge, the Romeli Siege Citadel, the Gray Falcon Canal and other monuments that attract tourists and investors to look for property in Istanbul for sale in distinct locations.

Istanbul is the city with the most real estate in Turkey in terms of apartments’ sales. Reports also indicate that the purchase of real estate in Istanbul is an easy process, and experts categorize Istanbul real estate investment as the best investment in Turkey and in a steady growth in recent years as Istanbul offers mega developmental projects. The key factor in the booming real estate market in Turkey is the political, economic and social stability of the country and the adoption of laws in favor of the foreign investor to facilitate searching for the best properties for sale in Istanbul like apartments or villas for ownership or investment.

There are many options for those wishing of the investment in Istanbul in the field of real estate where they can invest in land through purchasing it with the possibility of building on it in the future and then sell it at double prices, or looking for real estate for sale in Istanbul from the old apartments and then renovating and selling it at a high price, or leasing them monthly. Finally, properties in Istanbul, which are under construction can be bought and sold after its completion and this is what most investors are looking for recently.

See also:

Houses for Sale in Turkey & Turkey real estate