By Justin Mays:
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, Turkey, 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.