Buying real estate in Istanbul requires as much information as possible about the city’s neighbourhoods, the property market, and the costs involved with owning property there. So you can make an informed decision when it comes time to buy a property in Istanbul. That’s why we have compiled this guide to know before buying a villa for sale in Istanbul, to help you better understand what this purchase will entail.
Research
Like some countries, Istanbul experienced rapid economic growth over the past decade. Unlike many other parts of the world, this expansion has been accompanied by massive residential construction, which has resulted in increased speculation as prices continue to climb.
What about buying real estate property in Turkey, particularly in Istanbul? The first step is to research the market and properties’ prices. Suppose you don’t live in Turkey or are busy running your business. This is where you need help from a competent real estate consulting company.
A good company will help you achieve your goal of owning a villa for sale in Istanbul. Get in touch today; we can help.
Location
Istanbul is the second-largest city in both Europe and Turkey. Located on the Bosphorus, this cosmopolitan metropolis features vibrant neighbourhoods and diverse cultures. Situated at the crossroads of Europe and Asia, Istanbul has always been one of the world’s excellent natural harbours.
Home to mosques, synagogues, churches, skyscrapers, and well-preserved Byzantine sites such as Hagia Sophia, it also offers lovely seaside towns like Bebek and Kızıltoprak for those who prefer living near nature. Before buying a villa in Istanbul, choose the best neighbourhood.
Developer Check
One of the most important things you should do before purchasing any property abroad is to consult with a realtor specializing in international property. You don’t want to make a mistake because buying a home is an essential investment.
You should check the project development history of a place before making a decision. This will allow you to buy a property that is strategically developed. Again, the builders should have a credible record and be competent in delivering qualitative projects.
Consult a Real Estate Consultancy
Deciding where to buy a villa can be one of the most challenging decisions when living abroad. Luckily, some reliable real estate firms like us specialize in selling expat-friendly homes in Istanbul. Please consult with the best local firms and discover their speciality areas (e.g., low-rise property options) before you start your property search. These consultants know what questions to ask, so don’t hesitate to take advantage of their expertise.
Consider What Can Go Wrong During the Ownership Period.
When purchasing real estate, there are many things to consider. It would help if you knew about the current buying and selling regulations. One of the most critical factors is local taxes on foreign buyers, which vary by province.
The economy also plays an important role; Turkey has experienced inflation and the rise of middle-class citizens making it more competitive than other countries in the region. And, of course, we can’t forget safety considerations. Be sure you do your homework before deciding where you want to purchase a villa in Istanbul.
What are the Features of a Good Villa to Buy?
Buying or building a villa is the dream of many people looking to invest their money in real estate. However, purchasing a villa means considering many aspects, starting with the location and then the structure and amenities. You need to ensure you will be satisfied with your purchase in the long run and that you will be able to reach your objectives through your investment. To help you find out if your next villa investment meets all these criteria, here are some features that any good villa should have.
Number of Bedrooms
A 2 or 3-bedroom home is perfect for single or double-income couples, small families, or alternative guest quarters. You might want to add an extra room if there are three or more occupants in the household.
Size of Plot
One of the most important considerations when buying property is the size. Generally, the bigger the plot, the more expensive it will be. If you have more than one family living in your home, you may want to consider purchasing land that can comfortably accommodate each person with room for everyone.
Proximity to Amenities
Your new home must be close to the necessary amenities like work, shops, schools, and friends. You want it to be as convenient as possible to run all the errands in your daily life without having to get in your car or take public transport for miles. Also, if any key landmarks are nearby, make sure they’re on your list. So next time you’re out looking at homes, check these things off:
Proximity to major airports and tourist attractions is essential for your convenience and guests.
Villas should be tailored to suit residents with disabilities or those in wheelchairs. It must have all-access routes from the house entrance through all areas, and doors should be easy to open. Bedrooms must have wider doorways, an ensuite bathroom with an extra-large shower enclosure, and a bathtub without thresholds.
Conclusion
There are many things to consider when purchasing your new home abroad. From amenities and affordability to the location and natural environment, it can be hard to know where to start looking. But remember, that’s what our specialists are here for! Call us for more advice about the villa for sale in Turkey Istanbul, and we will gladly provide some feedback so you can make an informed decision.
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