No Comments

Exploring The Real Estate Market in Beykoz

Beykoz is one of istanbul’s districts on the Anatolian side at the northern end of the Bosphorus. Surrounded by the Bosphorus to the west, Sile to the east, the Black Sea to the north and Cekmekoy, Uskudar ve Umraniye to the south. 

History of the District

The oldest known history of Beykoz dates back to 900 BC. In 395 A.D. Beykoz was part of the Roman empire until the Roman Emperor Theodosyus the Great divided into the Eastern Roman Empire (Byzantium) and the Western Roman Empire.

With its 3,000-year history, Beykoz is the first place in Istanbul conquered by the Ottomans.  51 years before the conquest of Istanbul by Sultan Mehmed the Conqueror, Beykoz was incorporated into the borders of the Ottoman Empire by Yildirim Bayezid. The Sultans and their court went to Beykoz for hunting and an escape from the city in the Ottoman period.

 

Life in Beykoz Today

The district is famous for its view, color houses and fishing actives. Fish restaurants in the district attract many local and foreign tourist. Colorful houses attracting photographers’ attention with their amazing appearances, and also arouse interest of a lot of  foreigner and local tourist.

 

Real Estate Market

The district consists of 45 neighborhoods.  This district is preferred by families looking a house for comfortable living and investment opportunity with many luxury property projects. Its real estate market is growing day by day. Beykoz holds some of the most luxurious new development in the Istanbul area.

 

Beykoz is a place for family life and a growing investment market for domestic and foreign investor at the same time. The district has many luxury flats and Istanbul homes for sale. There are also incredible luxury villas that attract investors’ attention.

You can find properties in Beykoz with high standards of quality and in an optimum location to fulfill your expectations. Whether you are looking for your own home, or an investment property, Beykoz has a wide variety of real estate options.

In other words, the real estate market of Beykoz appeals to different investors for different reasons. If you are interesting in learning more or need advice regarding neighborhoods, please call or message us. You can also visit our office to have a chat with a specialist. For more information you can also look our FAQ page and services.

Property Map

Location is very important when you are searching for a good property in Istanbul. The city has 39 district in its border, because of that finding a good property, whether for investment or living, can be challenging. It is important to decide which district of Istanbul you want to own an investment or a house before you start looking for property.

We know and understand the importance of the district decision for an investment. For that reason we have a page which you can find all properties with their district information. Besides, we prepared a property map for you. In this map you can find properties in Beykoz, and also you can see other properties which is near Beykoz. Other then that you can find the most important districts, such as Beylikdüzü, Esenyurt, Bomonti and Taksim in this map.

 

 

No Comments

Exploring The Real Estate Market in Arnavutkoy

Arnavutkoy is one of istanbul’s 39 districts. Arnavutkoy district sits in Northern Istanbul. It is the historic districts in Istanbul where people with different ethnic and religious backgrounds live together. And real estate Arnavutkoy has growing day by day.

Where is Arnavutkoy?

To the south is Buyukcekmece and to the east is Eyupsultan. It is also bordered by the districts of Basaksehir and Esenyurt to the southeast; and Catalca to the west. Arnavutkoy was upgraded to district status by a law passed in 2009. It also is near to connecting roads to the new airport and bridges.

 

Lifestyle

Arnavutkoy consists of 38 neighbourhoods. Although the settlements in the district show a dispersed structure, dense settlements are located in the east of the district. It has cultural centers and sports facilities for residents in Arnavutkoy. Also many schools, institutes and academies are located in the district.

 

Arnavutkoy Real Estate Market and Investment

It has become one of the largest real estate development areas in the city. The real estate investment has growing because of mega projects like new Istanbul Airport. It has become a preferred area for those looking for a home for investment or the purpose of living.

 

You can find properties in Arnavutkoy with high standards of quality and in an optimum location to fulfill your expectations. Whether you are looking for your own home, or an investment property, Arnavutkoy has a wide variety of real estate options. It has a developing real estate market due to its location.

In other words, the real estate market of Arnavutkoy appeals to different investors for different reasons. If you are interesting in learning more or need advice please call or message us. You can also visit our office to have a chat with a specialist. For more information you can also look our FAQ page and services.

Property Map

Location is very important when you are searching for a good property in Istanbul. The city has 39 district in its border, because of that finding a good property, whether for investment or living, can be challenging. It is important to decide which district of Istanbul you want to own an investment or a house before you start looking for property.

We know and understand the importance of the district decision for an investment. For that reason we have a page which you can find all properties with their district information. Besides, we prepared a property map for you. In this map you can find properties in Arnavutkoy, and also you can see other properties which is near Arnavutkoy. Other then that you can find the most important districts, such as Beylikdüzü, Esenyurt, Bomonti and Taksim in this map.

No Comments

Choosing the Right Project

Finding and investing in your dream house can be a difficult process. Choosing the right project is a big decision for a investor.  But you could go through some certain stages and determine the perfect project for your expectation. First of all you need to chose the perfect location. Do you want a house for your family? Do you looking an investment opportunity? Or you looking a house and an investment opportunity in the same project? These question helped the determined your location.

Choosing Right Project First Step:

You should list the features you’re looking for in your dreams’ home

Once you have decided on the location, you should list the features you’re looking for in your dreams’ home. Beforehand, it will help you decide in advance how many rooms you want in a house. After that you need to ask yourself about house benefits. For example; Do you want 24-hour security? Do you want open and closed car park for your vehicle? Sauna, gym, swimming pool, Turkish bath are the features you are looking for in a house? 

 

Where is the project close?

When you want to make a decision for “Choosing Right Project”, you need to ask yourself; “Where is the project close?” For instance you are looking for a house for your family but you want to near to business centers or you just looking for an investment opportunity, Basın Ekspress district would be perfect for you. Ekspress is on the European side of Istanbul. It is a rising real estate district attracting the attention of both Turkish and international investors. It offers many branded and qualified office and hotel projects to investors that have been implemented one after the other. Apart from office and hotel projects, the region offers a variety of living spaces in the center of city.

So you decided to choose buying a house in Basın Express district. One of the projects that attracts the most attention from investors at the moment is Wanda Vista. Wanda Vista is 30 minutes away from Istanbul Airport. And it is 20 and 25 minutes away from Mall Of Istanbul Avm and Istinye Park. Following that you need to ask yourself why buy this house? What is the benefits that differentiate it from other projects.

 

Why Buy Wanda Vista?

10% Rental guaranteed for the first 2 years.

20 Years rental contract in USD($)

Turkish Citizenship availability by investing in a 5 Stars Hotel concept

No hidden cost, the most transparent management firm

Choosing Right Project and More information…

Wanda Vista has 320 luxury residences rise above the top 32 floors of G Wanda Vista Hotel Istanbul and serve as hotel residence quarters for exceptional guests. It is the first offshore real estate project by China’s biggest luxury hotel chain owner, Dalian Wanda Group. Wanda Group offers a guaranteed revenue outcome for G Wanda Vista Residences, for 20 years, making the property the most profitable investment in Istanbul. For all that benefits, Wanda Vista is one of the most attractive projects.

If you are interesting in learning more or need advice, please call or message us. You can also visit our office to have a chat with a specialist. For more information you can also look our FAQ page and services.

Property Map

Location is very important when you are searching for a good property in Istanbul. The city has 39 district in its border, because of that choosing right project, whether for investment or living, can be challenging. It is important to decide which district of Istanbul you want to own an investment or a house before you start looking for property.

We know and understand the importance of the district decision for an investment. For that reason we have a page which you can find all properties with their district information. Besides, we prepared a property map for you. You can find the most important districts, such as Beylikdüzü, Esenyurt, Bomonti and Taksim in this map.

 

No Comments

Exploring The Real Estate Market in Esenyurt

Esenyurt is located in the European side of Istanbul. It borders Buyukcekmece on the west, Avcilar on the east, Arnavutkoy on the north, and Beylikduzu on the south.The district also connected to TEM road on the north side and E-5 motorway on the south side. It is one of the Istanbul’s largest and most populated areas.

Culture and Art in Esenyurt

Esenyurt benefited from a major development. Nowadays, it’s home to four cultural centers where public events such as concerts, theatres, festivals and sport events are organized every year. Their names are Esenyurt Cultural Centre, Saadetdere Cultural Centre, Yenikent Cultural Centre and Yunus Balta Cultural Centre. TUYAP Exhibition and Conference Centre is only 5km away from Esenyurt centre.

Economy

It is one of the most popular regions of real estate due to new construction projects. The region has a young population because of its close proximity to six universities. The district has three major shopping malls; Eskule Shopping Centre, Torium Shopping Centre and Akbatı mall. Also, the region is advanced in terms of public transport with several metrobus and bus lines.

 

The Real Estate Market in Esenyurt

Esenyurt is a region that should not be missed in terms of property with its developing economy and wide options. There is a wide range of properties in Esenyurt, from luxury residences to family apartments. The real estate market of Esenyurt appeals to different investors for different reasons.

Whether you are looking for your own home, or an investment property, Esenyurt has a wide variety of real estate options. If you are interesting in learning more or need advice regarding neighborhoods, please call or message us. You can also visit our office to have a chat with a specialist. For more information you can also look our FAQ page and services.

Property Map

Location is very important when you are searching for a good property in Istanbul. The city has 39 district in its border, because of that finding a good property, whether for investment or living, can be challenging. It is important to decide which district of Istanbul you want to own an investment or a house before you start looking for property.

We know and understand the importance of the district decision for an investment. For that reason we have a page which you can find all properties with their district information. Besides, we prepared a property map for you. In this map you can find properties in Esenyurt, and also you can see other properties which is near Esenyurt. Other then that you can find the most important districts, such as Beylikdüzü, Esenyurt, Bomonti and Taksim in this map.

 

No Comments

Excellent Reason to Invest in Turkey

Turkey is one of the most preferred countries in the search for investment. As the first three reasons for this, we can say its geographical, social-cultural and economic position. Low costs, medium and high yields, economic growth and the legal advantages offered by the country can be given as other reasons for investment. In this article, we have compiled 4 reasons to invest in Turkey.

1. Turkish Citizenship

Turkey offers citizenship investment program. The Turkish Investor Program is a privileged citizenship program which enables you to. receive a Turkish Passport, with the right to live, work, and enjoy easy access to Schengen zone countries, by investing in Turkish real estate.

In 2018, Turkey announced that the amount of investment required to apply for citizenship is $250,000. With the amount of investment previously reduced from 1 million to $250,000, many investors had the chance to become both hosts and Turkish citizens.

2. Strategic Location

Turkey is one of the most visited countries in the world. Also, it is a natural bridge connecting Asia and Europe. It has many trade routes throughout history. Nowadays, Turkey still has a strategic location that is commercially sensitive for Asia, Europe and Africa.

 

3. House Prices and Low Cost of Bills

In recent years, Turkish lira lost value. As a result of this situation, Turkey’s international housing sales increased. Corporate Income Tax reduced from 33 percent to 22 percent for 2018, 2019 and 2020. Foreign investors may be exempt from this tax in whole or in part in some special cases.

4. Young Population

Turkey’s young population is very large compared to European countries. The young population is important for investors who come for real estate investment and business purposes.

If you are interested in buying property Turkey and want more information or advice about Turkish property law, or any other issue you can call or message us. You can also visit our office to chat with a specialist.

No Comments

Exploring The Real Estate Market in Bakirkoy

Location and Transportation

Bakirkoy real estate market attracts the attention of both Turkish and foreign investors. The region is the first preference for real estate buyers who are buying for investment purposes. The district is located on the west side (the European Side) of Istanbul province, overlooking the Marmara Sea to the south, whilst the E-5 highway runs through the north of the district.

History of Bakirkoy

Konstantin founded Kucukcekmece in 384 A.D. on the west side of Istanbul as a place for a countryside retreat. There are fragments of various Roman and Byzantine ruins in the district. Archaeologists have also found many artifacts dating from the first Bronze Age in Ayamama Creek. Various structures, built during the period of Suleiman the Magnificent, can be found on this coastline, whilst the oldest building in the centre of Bakirkoy is the Carsi Mosque, which dates from the 17th century. 

 

Economy

Bakirkoy is close to many national and international companies and holds an important place in the economy of Istanbul. Being an important centre for the banking sector, there are currently 132 bank branches in the centre of Bakirkoy and its various neighbourhoods. The World Trade Centre, which exhibits Turkish export products, is also located in the district.p

Lifestyle in Bakirkoy

Bakirkoy is home to several cultural arts centres, with of five Municipal cultural centres and two private cultural centres, where public events such as concerts, theatres, festivals and sport events are organized every year.

 

The Real Estate Market in Bakirkoy

Bakirkoy has a wide variety of real estate options throughout its fifteen neighbourhoods. The district appeals to different investors for different reasons. If you are interested in learning more or need advice regarding neighbourhoods, please call or message us. You can also visit our office to have a chat with a specialist. For more information you can also look our FAQ page and services.

Property Map

Location is very important when you are searching for a good property in Istanbul. The city has 39 district in its border, because of that finding a good property, whether for investment or living, can be challenging. It is important to decide which district of Istanbul you want to own an investment or a house before you start looking for property.

We know and understand the importance of the district decision for an investment. For that reason we have a page which you can find all properties with their district information. Besides, we prepared a property map for you. In this map you can find properties in Bakirkoy, and also you can see other properties which is near Bakirkoy. Other then that you can find the most important districts, such as Beylikdüzü, Esenyurt, Bomonti and Taksim in this map.

 

No Comments

Exploring The Real Estate Market in Kucukcekmece

Kucukcekmece is one of the most preferred real estate market districts in Istanbul. It is attracting the attention of both Turkish and international buyers, who are looking for an investment or a property to live.

Location and Transportation

The district is located on the west side (the European Side) of Istanbul province.  It is close to major highways such as the Transit European Motorway (TEM-E80) and the D100 (E5). Both highway provides an Asian-European connection. It is also located on the railway network leading from Sirkeci to Europe.

 

History of Kucukcekmece

Kucukcekmece is the starting point for ancient life in Istanbul. Research, conducted by many geologists and anthropologists, has indicated that the region has a fairly old history. And anthropologists have even discovered evidence that prehistoric people lived in the district.

Due to its presence on the main road “Via Egnetia”, which connects the Byzantine Empire to the Western territories and Europe, Kucukcekmece boasts a strategic position. Throughout history due to it’s the strategic position and has been has been attacked by the Huns, the Bulgarians and the Crusaders.

Many structures in this area date back to Roman-Byzantine periods and geologists and anthropologists discovered the harbour structure and the pier peninsula surrounded by a few kilometres of walls on the peninsula north of Kucukcekmece Lake.

 

Lifestyle

Nowadays, people visit the 7 kilometre lakeshore to enjoy the activity areas such as jogging paths, picnic areas, cafes etc. There are four cultural centers in the municipality where public events such as concerts, theatres, festivals and Ramadan dinners are organised for residents. Kucukcekmece hosts various farmers markets for fresh organic fruit & vegetables on different days of the week.

 

The Real Estate Market in Kucukcekmece

Whether you are looking for a new home, or an investment, you should consider Kucukcekmece, which has a wide variety of real estate options throughout its twenty-one neighbourhood. The district boasts highquality real estate options to meet buyers’ expectations. If you are interested in learning more, or need advice you can call or message us. You can also visit our office to have a chat with a specialist. For more information you can also look our FAQ page and services.

Property Map

Location is very important when you are searching for a good property in Istanbul. The city has 39 district in its border, because of that finding a good property, whether for investment or living, can be challenging. It is important to decide which district of Istanbul you want to own an investment or a house before you start looking for property.

We know and understand the importance of the district decision for an investment. For that reason we have a page which you can find all properties with their district information. Besides, we prepared a property map for you. In this map you can find properties in Kucukcekmece, and also you can see other properties which is near Kucukcekmece. Other then that you can find the most important districts, such as Beylikdüzü, Esenyurt, Bomonti and Taksim in this map.

 

No Comments

How to Get Citizenship in Turkey

The Turkish Investor Program is a privileged citizenship program which enables you to. receive a Turkish Passport, with the right to live, work, and enjoy easy access to Schengen. zone countries, by investing in Turkish real estate.

Furthermore, through this program, for which demand is increasing every day, you may also have the right to work, set up business, have access to education and healthcare services in Turkey, and subsequently, when you apply for citizenship, you may easily have a Turkish passport and become a Turkish citizen with full rights.

“Turkish citizenship when you purchase real estate worth at least $250,000”

You may become eligible for Turkish citizenship when you purchase real estate worth at least $250,000, from any area of Turkey. Just tell us the property you are looking for, and your preferred region, and we will prepare a portfolio of selected properties, based on your requirements.

 

“How to get citizenship in Turkey?”

Once you have completed your real estate investment, you will be entitled to apply for.Turkish citizenship Turesta’s legal team and aftersales department will be.at your service to offer guidance and assistance in all stages of your property purchase.and citizenship application, including management of your property, should you wish to rent it.out after purchase.

For more information, you can also read our “Top 20 Question” article or you can download the PDF file that contains all the information here.

 

No Comments

Top 20 Question About Turkish Citizenship

The Turkish Investor Program is a privileged citizenship program which enables you to. receive a Turkish Passport, with the right to live, work, and enjoy easy access to Schengen. zone countries, by investing in Turkish real estate. We answered the 20 most frequently asked questions about this topic in 2019.

Q: How should I calculate the exchange rate of USD and TL?

A: On the date of your application, the Tapu Office will calculate the value of your investment according to the Central Bank selling rate, on the date of your transfer.

Q: How long does the process take to obtain Turkish Passport?

A: At the moment the processing time is between 3 to 4 months, but the Turkish Government  is eager to reduce this time.

Q: May I buy commercial properties with rental income and still get Turkish Citizenship by investment?

A: Yes, any property you buy counts towards your Citizenship application.

 

Q: It seems complicated to apply and get Turkish Citizenship. Do you offer any assistance for this process?

A: Yes. Our expert legal team is available to help you and to guide you all through the process.

Q: I do not have time to come to Turkey. How can I get Turkish Citizenship?

A: You just need to set up and send your Power of Attorney to us.  We can then follow all the processes, from buying your property, to receiving your Citizenship

Q: How many people may apply for on one Title Deed?

A: Only one person and family (spouse and children under 18) can get the Citizenship.

Q: I bought property property before 20.09.2018. May I apply for citizenship?

A: Yes.  If your investment was made before 20.09.2018, you can apply for citizenship by investing a total of $1.000.000.

Q: I bought property property before 20.09.2018. May I apply for citizenship by transferring ownership of my property?

A: Turkish laws restrict citizenship application via such transfer. You should sell your property and make a new investment to be able to apply for Turkish Citizenship.

Q: Do I need to complete Turkish Military Service if I become a Turkish citizen?

A: There are several answers to this question.  Children under 18 years old, will be obliged to complete Military Service when they reach military age.  It has a condition for dual citizenships; you can choose between your two countries. For example, If you have already completed Military Service in your own country,, you might need to prove it. For people older than 22 years old, you need to ask at the application stage whether there is a special condition at Population and Citizenship General Directorate for appropriate information.

Q: Which nationalities may apply for Turkish passport?

A: All nationalities who are able to buy property in Turkey, may apply for Turkish citizenship by investment.

Q: Can my mother and father obtain citizenship in Turkey? What about my child above 18 years old?

A: They can be eligible to apply, only if they buy property to the value of $250.000 or more, in their own name.

Q: I have an invalid (disabled) child above 18 years old? What about his/her situation?

A: Any dependent child, who is incapable of taking care of him/herself, can become Turkish citizens with their parents, on provision of special application documents which proves their disability.

Q: What are the required documents for citizenship?

A: We can help you to supply all the necessary documents after you have purchased property with us.

Q: You say, citizenship process might take 6 months time. Do I get Residence Permit on the application process?

A: Yes. A Residence permit (no:6458/31-J) is granted to you and your family.

Q: Is there any critical point that I should know?

A: The Turkish Ministry wants to be sure that the property value is a $250,000, thus sworn property valuation companies must verify that the price is correct, so as to prevent any price fraud. Appraisers might have up to 2-3% deviation (difference) than the property sales price, Turesta is able to advise you regarding property evaluation.

For more information, you can also read our “How to Get Citizenship in Turkey” article or you can download the PDF file that contains all the information here.

 

No Comments

How Does The Citizenship Application Process Work In Turkey?

The Turkish Investor Program is a privileged citizenship program which enables you to receive a Turkish Passport, with the right to live, work, and enjoy easy access to Schengen zone countries, by investing in Turkish real estate. We answered the 5 most frequently asked questions about process of Turkey citizenship 2019 application.

Q: How does the citizenship application process work in Turkey?

A: When you buy property/properties, with a combined value of at least $250,000, you can apply to the Tapu Office (General Directorate of Land Registry and Cadaster), and request to obtain Turkish Citizenship.

Your application is. sent to the Ministry of Environment and Urbanization, whose Appraisers check and verify the value of the property. The Ministry then places a statement on the Tapu (title deed) stating that you may not sell it for 3 years.

They then send your application to the General Directorate of Population and Citizenship Affairs and you are.later invited to give your signature and receive your ID card and Turkish passport.

Q: Can my family get Turkish Citizenship?

A: Yes. You, your wife (or husband) and your children who are under the age of 18 (on the application date) may get citizenship.

Q: Should I buy one property above $250,000 or can I buy multiple properties?

A: You can buy either just one property, or several properties which have a total value of more than $250,000 but remember that you need to apply for your citizenship at the same time for all. The Tapu office only accepts citizenship applications if the declared values are above $250,000.

Q: What is the responsibility of the Ministry of Environment and Urbanization?

A: The ministry verifies that the value declared on the Title Deed is correct and above $250,000, with sworn appraisers. All the property value must be. paid by bank transfer to the Property Sellers.

Q: What are the procedures and expenses to be.made for applications in 2019?

A: Article 20, of the Regulation on the Implementation of the Turkish Citizenship Law enacted.by the Council of Ministers Decision dated 11/12/2010 and numbered 2010/139 was.amended by the Presidential Decree of 18.08.2018, following which date, foreign investors were.entitled to acquire citizenship upon acquisition of immovable property for 250.000 USD. The fees and expenses required.for citizenship procedures are listed below.

 

Citizenship Application Process

According to this;

1- First of all, the Title Deed fee varies, according to the price of the immovable property to be purchased. Until 31.12.2019, both parties, the buyer and the seller should pay 1.5% of the immovable value.

However;

2- After the purchase of the immovable, an application will be made for the certificate of conformity.

3- The certificate of conformity is.sent to the applicant.within 15 days.

4- After receiving the Certificate of Conformity, 256 TL + 85 TL residence fee and 80 USD visa fee.are.paid. (If entry to Turkey was.during the month that referenced 80 USD is not paid).

5- Short term residence applications are.made after the related fees are paid by the investor. Citizens’ fee is 15 TL per person.

6- In addition, it is compulsory to have a health insurance to apply for residence permit, which varies according to the insurance companies, but an average of 300-350 TL health insurance premium will be paid.

When applying for citizenship, a notarized translation of passport, prepared.by a sworn translator, is.required for each person applying (ie, spouse/children).

7- When applying for citizenship, a notarized translation of passport, prepared.by a sworn translator, is.required for each person applying (ie, spouse/children). The fees and expenses to be.paid, including translation fee and notary approval, are approximately 200 TL per document.

8- If the applicant is.married, the notarized translation of the marriage certificate with APOSTILE costs 200 TL.

9- If there are children, the notarized translation of birth certificates with APOSTILE costs around 200 TL per document.

10- In order to benefit from the lawyer service while the immovable property is purchased, the attorney must be. given a Power of Attorney by the applicant,.issued by an approved notary, and a sworn interpreter service is.also required. Attorney and interpreter fees are around 350-400 TL.

For example, if 1 person wants to get citizenship with an investment of 250.000 USD, title deed + revolving fund will be around 23.000 TL.

Approx. 1750-2000 TL will be required for other expenses. Cost items that will vary here are interpreter fees.

Transportation, Communication etc. expenses will be around 500 TL.

For more information, you can also read our “Top 20 Question” article or you can download the PDF file that contains all the information here.

 

Open chat
Contact Us
Got any questions? I'm happy to help.