Criteria for choosing commercial real estate in Istanbul

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Criteria for choosing commercial real estate in Istanbul

How to choose the best commercial real estate in Istanbul

Criteria for choosing commercial real estate in Istanbul
15th January 2023
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Commercial real estate in Istanbul is one of the popular options for anyone looking for excellence in the investment sector or who wants to obtain high and abundant profits over time, but is it enough for that to choose any property without adhering to certain principles? Absolutely not, there are many criteria that must be taken into consideration first before embarking on the research journey, and this is what we will talk about in this article.

 

Learn about the criteria for selecting commercial real estate in Istanbul

When it comes to choosing commercial real estate in Istanbul, there are several factors to consider, location is the key – companies should look for commercial properties that are conveniently located close to transportation and customer hubs and it can be proximity to other facilities such as restaurants, shopping and entertainment centers.

Other important criteria include property size, price range, and potential for growth. Businesses should carefully evaluate the size of the property to ensure that it meets their needs in terms of space for employees and customers. Price range should also be considered when selecting a commercial property; You must set a budget before looking for real estate to avoid overspending or running into costs that are not in your calculations. Finally, companies should consider whether real estate offers any potential for growth; This could include further expansion or the addition of more services.

By doing this, companies can find a suitable commercial property that meets their needs and fits within their budget.

 

 

Commercial real estate in Istanbul 

The importance of investing in commercial real estate in Istanbul

Investing in commercial real estate in Istanbul has become increasingly attractive in recent years, with its diverse culture and rich history, the city is a vibrant center of global trade and the city boasts a wide range of industries, including finance, technology and tourism, making it an ideal destination for investors looking to take advantage of commercial real estate potential.

Commercial real estate investments in Istanbul offer many advantages for investors, and the high population density in the city means that there is always a great demand for quality real estate, making it an attractive option for investors who want to take advantage of these lucrative opportunities. In addition, the strong economic growth of Istanbul means that the city is a safe bet for those looking to invest in real estate with long term value.

Another important factor that makes investing in commercial real estate in Istanbul attractive is the fact that the city offers many tax incentives to investors. These incentives are designed to make investment more attractive and profitable for investors by reducing the total cost of ownership. Moreover, many of these incentives are designed to make it easier to buy. Foreign investors for real estate in that city.

 

Notes when buying a commercial property in Istanbul

Firstly, potential purchasers should be aware of local zoning regulations as they can have a significant impact on the use of the property and in addition, purchasers should be aware of the condition of the building and any necessary repairs that may need to be made.

It is also important to consider the taxes, fees and costs associated with purchasing commercial property, such as legal fees and transfer taxes and it is recommended that buyers hire a qualified real estate attorney to assist them through this process.

In order to ensure a smooth transaction, it is important to understand local real estate market trends and pricing levels. Buyers should also research economic indicators, such as unemployment and population growth, to determine how these will affect their investments.

It is important to consider the infrastructure of the area as a good infrastructure will ensure that customers and employees can easily access commercial properties. Look for well-developed transportation options, such as metro lines, bus lines, and highways. Additionally, make sure the area has reliable water and electricity supplies.

Finally, buyers should look for reliable sources to finance their purchases. This can include traditional lenders such as banks or mortgage companies, or alternative sources such as crowdfunding platforms or private investors.

 

Where to buy commercial real estate in Istanbul?

Firstly, the historic Sultanahmet area is an ideal area for real estate investment due to its architectural charm and proximity to major tourist sites. This area is also home to some of the oldest and most popular commercial properties in the city, including the famous Grand Bazaar.

Secondly, Kadikoy is a popular choice for investors interested in buying commercial real estate. Located on the Asian side of Istanbul, Kadikoy is known for its modern architecture, business-friendly environment and is home to some of the best universities in the city, making it an ideal place for start-ups and entrepreneurs.

Thirdly, Beyoglu is another great option for investors looking to buy commercial property in Istanbul. This area has seen a boom in recent years, with many new businesses opening and more people moving to the area. Beyoglu is known as a center of culture and entertainment, which makes it an attractive place for investments. in commercial real estate.

Fourthly, Sisli is located on the European side of Istanbul near Taksim Square and is often referred to as the financial district of Istanbul due to the concentration of banks, embassies and corporate headquarters.

 This area also contains some of the best shopping malls and designer boutiques in the city. Its proximity to Taksim Square makes it popular with tourists and locals alike.

Fifthly, Besiktas which is located on the European side of Istanbul and this area is home to some of the most luxurious real estate in the city, ranging from office buildings to shopping malls. Besiktas also boasts an abundance of restaurants, cafes, and luxury hotels, making it an attractive destination for those looking to invest in commercial real estate.

Sixth, another popular area for buying commercial real estate in Istanbul is the Fatih district, located on the European side of the city. This area features some of the most sought-after properties in Istanbul, where many companies and businessmen choose to invest in due to the excellent transportation links and proximity to important landmarks such as Sultan Square. Ahmed and Hagia Sophia Museum.

 

Commercial or residential real estate that you are looking for in that city, you only have to contact our real estate consultants, who will inform you of all available offers to choose the best for you and your goals.

 

WHY MUST YOU CHOOSE BINAA REAL ESTATE COMPANY AS A COMPANION IN YOUR REAL ESTATE INVESTMENT JOURNEY IN TURKEY?!


- It is partnering with the most trusted and successful construction companies in the construction of buildings and residential complexes in Turkey.
- Take your hand to choose the right property.
- It assists its clients in the procedures for obtaining real estate residenceTurkish citizenship, and Turkish passport.
-Signing contracts and required papers and legally ratifying them.
- Our motto is seriousness and credibility in dealing to ensure our clients successful real estate investment in Turkey.

 

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#Binaa_investment    #real_estate   #Turkish_citizenship
#Istanbul_apartments    #real_estate_investment

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