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August 31, 2021
How to invest in Real Estate in Turkey ?

Real estate investment is the practice of owning immovable assets “real estate” for the purpose of selling or exploiting them. Real estate investment is one of the most important types of investment around the world, because it provides long-term stability for investors, unlike other types of investments such as trade offers, stock trading and other types of investment that Involve risk. This stability or “security” is mainly due to the fixed and permanent nature of real estate, and this is what prompts many major companies and global investors to invest part of their capital in the real estate sector, even if real estate is not the main form of investment that they practice.

This demand for real estate investment prompted many countries to compete to provide facilities and incentives to investors wishing to invest in real estate to attract them to it, such as tax exemptions and amending laws and government procedures and the renewal of infrastructure and the provision of building materials at reasonable prices.

 Turkey was among the pioneers in the real estate investment sector, as the Turkish government worked to provide the necessary facilities for local and foreign real estate investors alike and worked to attract capital from all over the world to invest in real estate in Turkey.

There are many ways and forms of real estate investment in Turkey in terms of the time set for this investment, and in terms of the amount of investment return, and this varies according to the investors’ view of the market, their plans, and their goals for this investment.

Before talking about the types of real estate investment in Turkey, it is necessary to highlight some of the main points that must be considered before deciding to invest money in the real estate sector.

Important points to ensure a successful real estate investment In Turkey

♦ Investment evaluation and market monitoring: This is one of the main steps that precede the real estate purchase process, where the investor must calculate the feasibility and investment return from the purchase, determine the best areas and type of investment required, is it short or long-term, in short, determine the expected future return from this investment.

♦ Searching for the best price in the market, and the most appropriate time to buy.

♦ Determining the costs of the purchase process and the expenses that it entails, as well as the annual fees, expenses, and taxes for the property.

♦ Consultation with a real estate expert: This is one of the very important points before any investment, which is to seek advice from experienced people, and this is what we at Taksim Real Estate Consultancy offer to you based on our experience - more than 10 years - with the movement of the real estate market in Turkey and the best real estate suitable for investment.

Real estate investment styles in Turkey

By this expression, we mean the expected period to achieve a return on investment, and accordingly we can define it in three styles:

1- Long-term investment: in which the investor does not aim to achieve immediate profit, but rather looks to achieve a double profit after a relatively long period of time, while maintaining the value of the capital, and therefore this type of investment involves a desire for current savings and future profit.

2- Short-term investment: It is the opposite of the previous style, the investor is intended to achieve immediate profit through resale operations, without freezing the capital for long periods, and this type of investment requires experience in the real estate market and continuous monitoring of market movement.

3- Periodic profit investment: This style includes features from the two previous types, as it involves the investor’s desire to save, such as long-term investment, but at the same time, making a profit in the short term, but this profit is in the form of a periodic return from the exploitation of the property, and this return is low. If we compare it to the quick profit that the investor achieves in the short-term investment.

Types of real estate investment in Turkey

Considering the foregoing real estate investment styles, we can summarize the types of real estate investment in the Turkish market in the following forms:

1- Buying and reselling: It is the most common type of real estate investment, as it simply depends on the market movement and the increase in demand, which raises the price of real estate and thus achieve profit, and its forms include:

• Buying agricultural land, waiting for it to enter the regulatory area, allowing building on it, and then reselling it. This type of land is widely spread in Turkey, especially outside Istanbul and in the eastern states.

• Buying real estate that is still under construction where prices are low and installments are comfortable and sell it on delivery.

• Purchasing lands intended for construction and building on them, and this type requires a relatively large capital in addition to experience, and this may force the investor to form partnerships to execute the project.

• Buying ready-made properties (whether residential or commercial and reselling them).

• Buying, renovating, and reselling old real estate.

2- Purchasing real estate for the purpose of renting: This type achieves for the investor a periodic return (monthly or annually) while retaining the value of his capital as real estate, and this type also can be in several forms, including:

• Buying and renting shops: It achieves a higher investment return than residential real estate.

• Buying and renting residential real estate: This type can achieve a return either by renting the apartment on an annual basis, or the apartment can be furnished and rented on a daily or weekly basis as a furnished apartment with a higher return.

• Buying and renting ready-made hotel apartments, which are popular in Turkey due to the demand of tourists.

3- Acquisition of Turkish citizenship: The Turkish Nationality Law and its amendments stipulate that anyone who owns a property worth $250,000 or more can apply for Turkish citizenship with his wife and children under the age of 18. We have included this item among the types of real estate investment in Turkey because it is already considered a long-term investment. If the family of an investor consists of 5 people on average, the value of obtaining Turkish citizenship for an individual is only $50,000, frozen for 3 years, as the ownership of the property remains for the investor. He can dispose of it after 3 years. While many countries grant their citizenship at an amount higher than this amount and without the right to recover it by the investor later.

 

In this article, we discussed the most important real estate investment methods in Turkey in general, and we will talk in detail about the expected return on investment for each type of investment in a another article. 

Read also : What is the value of return on Investment (ROI) of real estate in Turkey

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August 23, 2021
Canal Istanbul ... Mega project in Istanbul within this decade

The Istanbul Canal is a project for the artificial sea-level waterway, which is planned by Turkey, connecting the Black Sea to the Sea of Marmara. Istanbul Canal would bisect the current European side of Istanbul and thus form an island between Asia and Europe.

The Istanbul Canal project also includes the construction of ports (a large container terminal in the Black Sea, close to the Istanbul Airport), bridges, businesses, touristic districts, artificial lakes, logistic centres, and artificial islands to be integrated with the canal, as well as the construction of new earthquake-resistant residential areas with 250,000 residences along the channel. The artificial islands are to be built using soil dug for the canal. Transport projects to be integrated with the canal project include the Halkali-Kapikule high-speed train, the TCDD train project, the Yenikapi-Sefakoy-Beylikduzu and Mahmutbey-Esenyurt metro lines in Istanbul and the D-100 highway crossing, Tem highway and Sazlibosna highway.

Following a tender process, the project is expected to be completed in seven years, with around one and half years of preparatory works and five and half years of construction.

History

The concept of a canal linking the Black Sea with the Sea of Marmara has been proposed at least seven times in history.

The first proposal was made by Ottoman sultan Suleiman the Magnificent (reigned 1520–1566). His architect Mimar Sinan was said to have devised plans for the project. The project was abandoned for unknown reasons

On March 6, 1591, during the reign of Sultan Murad III, an imperial order was issued and work on the project recommenced, but again for unknown reasons the project was stopped.

In 1654 during the reign of Sultan Mehmed IV, pressure for the recommencement of the canal was applied but to no avail.

Sultan Mustafa III (reigned 1757–1774) attempted twice in 1760, but the project could not go ahead due to economic problems.

During the reign of Sultan Mahmud II (reigned 1808–1839), an Imperial Ottoman Committee was established to examine the project once again. A report was prepared in 1813, but no concrete steps were taken. 

Layout

The project will pass through Lake Küçükçekmece near the Marmara Sea. It will pass through the districts of Avcılar and Başakşehir before reaching the Black Sea in the Arnavutköy district north of the city.

The waterway will have a length of 45 km (28 mi), with a depth of 20.75 m (68.1 ft). Its width will be 360 m (1,180 ft) on the surface and 275 m (902 ft) wide at the bottom.

Benefits

  • The stated purpose of the project is to reduce the large marine traffic through the Bosporus and minimise the risks and dangers associated particularly with tankers.
  • The new canal will prevent and reduce the sea traffic problem the Bosphorus Strait is currently experiencing by prevent long waiting times and delays for its users.
  • Reducing the environmental risks to which the Bosphorus strait is exposed due to the passage of tankers that threaten marine life in the strait and the surrounding areas and reduce waste that may harm the surrounding archaeological areas.
  • The new canal will provide numerous Earthquake Safe urban projects & development.
  • Six bridges will be built over the canal, transforming Istanbul into a city with two seas.

The importance of real estate investment near the Istanbul Canal

The new Istanbul Canal and the nearby areas are considered a compass for investors from all around the world, whether they are interested in buying land or apartments in modern complexes, as these areas promise to achieve high profits in the long run.
The real estate surrounding the Istanbul Canal is suitable for housing, investment and Turkish citizenship.
The areas near the Istanbul Canal are : Kucukcekmece - Atakent - Avcilar - Arnavutkoy - Ispartakule
You can view our available properties For sale near canal Istanbul on the following links:

Apartments For Sale in Kucukcekmece 

Apartments For Sale in Atakent 

Apartments For Sale in Avcilar 

Apartments For Sale in Ispartakule

If you have any other inquiries about Properties For Sale Near Canal Istanbul Please Contact us.

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August 10, 2021
Beautiful Istanbul.. A city between two continents

If we want to talk about the city of Istanbul, perhaps the best phrase to with will be the saying of Napoleon Bonaparte I when he said: “If the whole world were one country, Istanbul would be its capital.”

History and Geography of Istanbul

Throughout its history, Istanbul was the capital of several major states. It was the capital of the Roman Empire, followed by the Byzantine Empire, as well as the Ottoman Empire, where the city became the capital of the Islamic Caliphate. during these eras Istanbul was known by several names: Byzantium, Constantinople, Constantinople, and Islampol which means “the city of Islam,” a name given to it by the Ottoman Sultan Mehmet the Conqueror “Fatih” after the conquest in 1453. This conquest was an event of great importance in the world’s history, as most historians consider it, The end of the Middle Ages and the beginning of modern times.

After the establishment of the Turkish Republic in 1923, the capital was moved from Istanbul to Ankara, that became the political capital, but Istanbul retained its position as the tourist and economic capital of Turkey.

Istanbul is in the northwest of the Marmara region in Turkey, and it is divided into two parts separated by the Bosphorus Strait, which makes the city located on two continents at the same time, the western part located in Europe, while the eastern part is in Asia. The city occupies ​​1,830.93 square kilometers, while the metropolitan area, or Istanbul Governorate, occupies ​​6,220 square kilometers.

Istanbul has a temperate climate similar to all parts of the Marmara region, but because of the city's distinctive location, its climate is considered a "transitional climate", as it is located in a middle area between the regions with the oceanic climate of the Black Sea, the humid continental climate of the Balkan Peninsula, and the Mediterranean climate. This diversity in climatic patterns was reflected in the plant diversity, as different types of plants and trees characteristic of each region separately can be found collectively in this region, Istanbul is bordered on its Asian and European sides by two ancient mixed wet forests, the Asian forest is known as the "Alemdağ Forest", and the European one is known as the "Belgrad Forest", and they are the city's lungs and main outlet.

Istanbul is divided administratively into 39 districts, of which 27 make up the actual city, and all these districts are known as "Greater Istanbul", and they are administered by the "Istanbul Büyükşehir Belediyesi Municipal Council". The following link shows the location of Istanbul on the map: https://goo.gl/maps/ukiMUskVp9YK4rip6

Architecture and Historic Landmarks of Istanbul

The urban landscape of Istanbul was - and still is - in constant change. During successive historical periods and due to the diversity of races and cultures of the peoples who inhabited the city, the prevailing style of architecture changed with the change of eras. We find in the buildings of Istanbul evidence of the Roman, Byzantine, Genoese, and Ottoman styles, as well as Modern European architectural styles "Baroque and Rococo", all these and other styles contributed to the construction of Istanbul’s diverse identity.

In recent decades, many tall buildings have been built around the city, and the surrounding towns have become part of the city due to the latter's rapid expansion and assimilation of those towns. The highest residential and office buildings are located in the north of the European section, especially in the financial and business districts in the neighborhoods of "Levent", "Maslak" and "Mecidiyeköy", located in the area between the Bosphorus Bridge and the Fatih Sultan Mehmet Bridge. The centers of the largest and most important Turkish companies and banks are in these areas.

The Asian side of Istanbul, that used to be home to summer resorts and elegant cottages surrounded by extensive gardens of canopy pines, has been growing rapidly since the early second half of the 20th century. The depopulation of these places until the 1960s helped build better infrastructure and create a more organized urban planning than that of other residential areas in the city. However, the real prosperity of the Asian side came with the opening of the "Ankara Asphalt" highway, the Asian extension of the E5 highway, which is located north of Baghdad Boulevard parallel to the railway.

If we want to talk about the tourist and archaeological attractions in Istanbul, perhaps we will need a book to list them all. Here we mention the most prominent and famous ones such as: Hagia Sofba, Sultan Ahmed Mosque, Topkapı Palace and Dolmabahce, Galata Tower and Ortakoy Mosque, and many many other tourist and archaeological attractions that each needs a separate article to describe its beauty and its history.

Public Services and Infrastructure of Istanbul

Istanbul, especially the modern areas surrounding the old city, has a modern and high-tech infrastructure. In Istanbul today, there is a chlorinated filtered water supply, and a sewage treatment system, which is managed by the Istanbul Water and Sanitation Authority, as well as several private sector organizations that undertake water purification. and distribute it to homes. As for electricity, it is secured by the state through the ground distribution networks, and natural gas (home gas) reaches most of Istanbul's homes through the Istanbul Gas Distribution Joint Stock Company, İGDAŞ.

Air and sea navigation of Istanbul

Istanbul has two main airports, Sabiha Airport on the Asian side, and Istanbul Airport on the European side, where Istanbul Airport is the largest in Europe. Maritime navigation is also vital for Istanbul, since the seas surround the city from all sides, and many Istanbul residents live on the Asian side of the city and work on the European side, or vice versa, so passenger ferries form the basis of daily transportation between the two parts of the city for many of them., even more so than the three suspension bridges that connect both ends of the Bosphorus. Also, these fast-moving ferries and cruise buses form the main link between the mainland of Istanbul and the Princes' Islands.

Highways of Istanbul

The international route D100 and the European route E80 are the main highways connecting Turkey with Europe. The road network in Istanbul is highly developed and organized, and it is still expanding, and it connects the city from the east to Ankara and from the west to Edirne. There are also two highways surrounding the city, the inner and outer belts of Istanbul.

Read also : Most important highways of Istanbul , Bridges of Istanbul

The July 15 Martyrs' Bridge, located within the inner belt, and Sultan Mehmet Fatih Bridge, located within the outer belt, are the two-connecting links between the European and Asian sides of the Bosphorus. The northern and southern shores of the Golden Horn Strait are connected by a few bridges: Galata Bridge, Ataturk Bridge, and the Gulf Bridge, Which in turn forms part of the network of roads in the outer belt of Istanbul.

The metro, tramway, and express bus network of Istanbul

Istanbul has one of the widest and most modern subway networks around the world, and it is still under expansion in order to achieve the slogan of the Greater Istanbul Municipality (Metro from anywhere to anywhere), where one or two new lines are opened every year, and this network will become in its final form as shown in the following map: Istanbul has one of the widest and most modern subway networks around the world, and it is still under expansion in order to achieve the slogan of the Greater Istanbul Municipality (Metro from anywhere to anywhere), where one or two new lines are opened every year, and this network will become in its final form as shown in the following map:

https://www.metro.istanbul/YolcuHizmetleri/AgHaritalari

The uncoloured lines on the map indicate metro lines that are still under construction.

Read also : Metro lines of Istanbul , What is the Metrobus in Istanbul

Education and health in Istanbul 

Istanbul has many of the best higher education buildings in Turkey, as it has more than 20 public and private universities, and most of the reputable universities are public universities, but in recent years there has been a sudden rise in the number of private universities. Istanbul University is the oldest Turkish educational institution in the city, founded in 1453, and Istanbul Technical University is one of the oldest universities in the city, founded in 1773, and it is also the third oldest technical university dedicated to teaching engineering sciences in the world.

Istanbul has many governments and private hospitals, in addition to a number of clinics, laboratories and research centers equipped with the latest technologies, which has contributed to an increase in the number of tourists coming for the purpose of "medical tourism". Istanbul has become a global destination for laser vision correction, plastic surgery and hair transplantation.

Investment and business in Istanbul

Successive Turkish governments have worked to attract foreign investments to the country, by providing incentives to foreign investors, starting with tax exemptions and up to participation and partial financing of projects in some states.

As for Istanbul, the name of the city alone may be enough to attract investments, and Istanbul has already witnessed, during the past two decades, a huge turnout by foreign investors in various fields, of which the real estate and construction field had the biggest share.

This turnout from investors coincided with a boom in the Turkish real estate market, which culminated in Resolution No. 5091 relating to Turkish citizenship and its amendment issued on 09/18/2018, which granted those wishing to invest in real estate in Turkey the right to obtain Turkish citizenship in return for buying a property worth 250.000 USD.

This decision and many other government measures constituted support for the national economy and a source of foreign currency for the treasury, as this decision is still in effect until the date of writing this article.

In the following link you can check our Lists of properties for sale in Istanbul 

Apartments for sale in Istanbul 

Villas for sale in Istanbul 

Commercial Property for Sale in Istanbul

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August 03, 2021
What is the Metrobus in Istanbul
The Metrobus (Turkish: Metrobüs) is a 50 km (31.1 mi) bus rapid transit route in Istanbul, Turkey. The system has 45 stations that follow the city's ring road via Avcılar, Zincirlikuyu and the Bosphorus Bridge to Söğütlüçeşme using dedicated bus lanes for almost the entire length the route.

The busway, the first section of which opened in 2007 after two years of construction, is used by several Metrobus lines which operate within a ‘closed’ system carrying 800,000 people daily. Its name was coined by the İETT to suggest that the system is a hybrid between a metro train (Turkish: metro) and a bus (Turkish: otobüs).

Metrobus lines of Istanbul 

♦ 34 (Avcılar – Zincirlikuyu).

♦ 34A (Söğütlüçeşme – Cevizlibağ AÖY).

♦ 34AS (Avcılar – Söğütlüçeşme).

♦ 34BZ (Beylikdüzü – Zincirlikuyu).

♦ 34C (Beylikdüzü – Cevizlibağ).

♦ 34G (Beylikdüzü – Söğütlüçeşme) from 10PM to 6AM.

♦ 34U (Uzunçayır – Zincirlikuyu).

♦ 34Z (Zincirlikuyu – Söğütlüçeşme).

Daily number of trips

♦ Weekdays: 4,034.

♦ Saturdays: 2,632.

♦ Sundays and holidays: 1,724.

Metrobus, Metro and Tram lines intersection points

♦ With the M1 Metro line in Merter, Zeytinburnu, Bahçelievler and Şirinevler.

♦ With the M2 Metro line in Mecidiyekoy and Zencirlikoy.

♦ With the M4 Metro line in Uzunçayırç.

♦ With the M5 Metro line in Altunizadeç.

♦ With the T1 and T2 Tram Lines in Topkapı, Cevizlibağ, Edirnekapı and Zeytinburnu.

Why should you choose to live near the Metrobus line in Istanbul

♦ Does not get stuck in traffic since it has its own dedicated lane.

♦ Always available thanks to its 24/7 working hours with an interval on 1-2 minutes between trips (during morning hours).

♦ Most of the attraction sites and famous shopping malls are a walking distance to the metro line.

♦ Links both sides of Istanbul (Europe and Asia).

♦ Intersects with different Metro, Tramway, and bus lines.

♦ Properties close to the Metrobus line are always in high demand (easy to rent and re-sell properties).

♦ Always having a wide choice of projects and investment opportunities.

Fees and Payment Methods for metrobus in Istanbul

In order to use all public transportation in Istanbul (boats, subways, buses, tramways, funiculars), you will need the magnetic card (IstanbulKart).

You can purchase the İstanbulkart from the yellow vending machines located in every station of the subway, trams, metrobus, funiculars and some kiosks located near most stops of the public buses. The cost of the card is only 10 Turkish Liras (TL) for the card itself and you need to add credit to it depending on how many trips you are going to ride. Crediting the card is quite simple, just place the card in the right place on the yellow machines, like the one where you purchased the card, wait for the card to be scanned and deposit cash to load your Istanbulkart.

At stations, there will be card readers; just bring your card close once and you can pass through the metal gate.

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July 26, 2021
Maslak Area In Istanbul ... The Business and Finance Center Of Istanbul

During the past two decades, with the influx of foreign investments into Turkey, the Turkish government has established business centers in various Turkish states, as these centers have become a destination for many international companies that have taken them as a base, and speaking of these investment centers, we find that Maslak tops the list in Turkey in general and Istanbul in particular.

Maslak is a neighborhood in the municipality of Sarayer in the European part of Istanbul, this district houses the main campus of Istanbul Technical University `İstanbul Teknik Üniversitesi` and the Military College, in addition to skyscrapers and huge commercial centers. Maslak is one of the leading areas in Istanbul, which has witnessed rapid development in terms of business and urbanization.

The following link shows Maslak`s location on the map  https://goo.gl/maps/weaX9dv1hg2LxgN49

History and reason behind name of Maslak:

There is no evidence that the naming of Maslak if of Turkish, Persian or Arabic origins but it is believed that the reason for the name is a waterway that used to pass through this area to distribute water from the dams according to Nisanyan linguistic dictionary.

At the beginning of the republic era during the years between 1930-1954 Maslak was a village belonging to the municipality of Beyoglu and then in 1954 transferred to the municipality of Sisli  later with the change of the nature of Maslak from a small neighborhood to a huge commercial center, it was attached to the municipality of " Sarıyer" with  both the regions of "Huzur" and "Ayazağa", by the decree of the Federation of Municipalities issued in 2012.In the past, Maslak included the headquarters of the Istanbul Golf Club, which was located on a 350 dunums of land that had been rented from the leadership of the war academies since 1922, and in 2012 this contract was not renewed, and it was found that residential complexes and hotels will be built on this land belonging to the Staff Commander.

Maslak today:

30 years ago, Maslak was only a small neighborhood with several buildings and shops, while today it has become one of the most important investment areas in Turkey in general and Istanbul in particular, with its skyscrapers and heavy traffic, and hosting the headquarters of many international companies. Given that the Maslak area is a business and not a residential area, it has a population density during working hours, which reaches hundreds of thousands, while this density decreases outside working hours to only a few thousand. It is worth noting that the highest tower in the Maslak area is the "spine tower", 192 meters high and 47 floors.

Shopping and entertainment places in Maslak:

Maslak is home to two of the most important shopping centers in Istanbul, namely "Istinye Park" and "UNIQ İstanbul". Uniq Istanbul is characterized as an integrated entertainment city that offers visitors multiple options from shopping, eating delicious meals, watching art shows and visiting the Science Museum, in addition, Unique Istanbul includes the adventure city "Xtrem Adventures İstanbul", an amusement park among the forests that provides an enjoyable experience of climbing and zip-lining between trees and wooden houses. The Istinye park mall is a giant attraction for shopping enthusiasts, with an indoor market and an outdoor shopping area that includes the finest international brands, providing everything you may need.

Transportations:

Public transportation is not a preferred option for visiting Maslak as only the M2 metro line passes through it which goes from Yenikapi to Haciosman via Sisli, this line serves Maslak with only two stations, in addition to public transport buses otobüs, but by using private means of transportation, access to Maslak is very easy, since it is in a privileged location adjacent to the main line E80, which extends to the Sultan Mehmet Al-Fatih Bridge and the Asian side of Istanbul.

Investment Opportunities:

After this explanation, it is no secret that Maslak is a leading investment area, as the percentage of real estate used for commercial purposes constitutes the largest percentage of urbanization in the area. However, many large construction companies have recently started building luxury residential complexes in Maslak, in the areas that lie on its outskirts. Not in the middle of the commercial center. The most distinguished of these complexes are the ones located north of Maslak, in the side adjacent to the Belgrade forests, where it combines the advantages of proximity to the commercial center, tranquility and forest views. These complexes are certainly comparable in their luxury to the commercial buildings in Maslak, and they have become a destination for investors who have made Maslak the headquarters for their investments, thus achieving closeness to housing from the workplace and getting rid of the traffic congestion for which Istanbul is famous.

To view our special Properties For sale in the Maslak area, you can click on the following link:

Apartments For Sale In Maslak 

You can also contact us for the advice from our real estate experts.

 

 

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July 16, 2021
Ümraniye Area In Istanbul ... a special residential area in Asian Istanbul

Ümraniye used to be an unknown region for people looking for real estate investment in Istanbul, where it was not as famous as the other neighborhoods of Istanbul. But lately Ümraniye became a well-known region where even foreigners go to live in it for its calm, clean environment, and modern architecture.

Ümraniye is one of Istanbul`s 39 municipalities, it is in the Asian side of the city and is in the fourth place among Istanbul`s municipalities and the first in the Asian side municipalities in terms of population density.

It has 35 neighborhoods and an area of 22 thousand square Hectares. It is bordered from the west by Üsküdar municipality, the east by Sancaktepe, the south by Ataşehir and from the north by Beykoz and Cekmeköy. Umraniye is considered one of the fastest growing municipality in Istanbul in terms of population and the architectural development while maintaining the conservative traditional character of the region. It is also a rich area in economic diversity from the transformative industries to the manufacturing of clothes and wood products.

Historically Ümraniye was just forests where its climate helped the growth of cypress and pine forests. Phrygians settled in it followed by Romans and Byzantines. The army of Abbasid Caliph Harun Al Rashid reached it in 782 AD. Control over it rolled over between the Muslims at times and the Byzantines at other times until Islam entered with the Turks to the land of Anatolia under the leadership of the Seljuk and then followed by the Ottomans that named the region `Yalniz Selvi` that can be translated to the lone cypress.

After the Balkan wars immigrants from Yugoslavia and Bulgaria settled in Ümraniye that is why for a period it was names the village of immigrants, it was announced as an independent municipality in 1963 and the meaning of its name is from Arabic origins and refers to urbanism, urbanization, and sophistication.

The following link shows Ümraniye`s location on the map http://tiny.cc/6q7wtz 

Shopping places:

When visiting Ümraniye you will find out that the shopping malls and bazaars are very popular there and that is following the increase in the number of residents that need huge shopping places to satisfy its needs, where it has 8 large shopping malls such as:

  Buyaka AVM, Metrogarden AVM, Meydan AVM, Akyaka Park AVM, Canpark AVM, IKEA AVM in addition to some distinguished shopping streets designated only for pedestrians like the Alemdağ caddesi.

Tourist attractions and excursions:

Ümraniye is characterized generally by calm and residential environment for that it has many picnic areas, for example we can name Trabzon Garden situated in the Ihlamurkuyu neighborhood and has great cafes and restaurants.

Also, the Tantavi social complex `Tantavi Sosyal Tesisleri` that extends over an area of 6 thousand square meters that contains many public facilities at reasonable prices. And one of the beautiful attractions in Ümraniye that is recommended to visit is the Palace of Hakim Paşa and Dudullu Tepesi. 

Transportations:

Ümraniye is connected to the other regions of Istanbul by many routes. The E80 highway that is considered a vital street crosses Ümraniye from north to south and extends to the European side of the city passing through the Sultan Mehmet Al Fatih bridge also the international Sile line ` Şile otoyolu` that passes through the north all the way to Sile coast and the O4 highway that goes through the south of Ümraniye.

Regarding the public means of transport, the main transport line in Ümraniye is the M5 metro line that connects Ümraniye with Istanbul`s metro network, and the neighboring Üsküdar. This line has 10 stations in Ümraniye and its one of the modern transportation lines that is moved by automated driving.

Fertile investment environment:

Ümraniye`s municipality is considered one of the most active municipalities in Istanbul. In 2020 and despite the lock-down because of the spread of the Corona virus, the municipality successfully executed 18 developmental projects in different sectors, where it shows on its website a time schedule for the project to be implemented and the delivery date and enters in a competition with time to deliver the projects in the specified time and specifications.

We attach to you the link for the Ümraniye municipality website https://www.umraniye.bel.tr/tr

The municipality works to attract real estate investments and encouraging construction companies to Implementation of housing projects in the region to keep pace with the growing demand for real estate with the steady increase in the population in the region. Therefore, the municipality focuses on infrastructure projects and service facilities, and these projects are the basic building block for attracting investments.

Expert advice:

Ümraniye is predominantly residential, and it is indeed a distinct area for living, as it has calm, green spaces, and modernity compared to the historical neighborhood of Istanbul, as well as the relatively conservative environment in the area makes it a destination for families. The investment return is commensurate with real estate prices in the region, which are relatively lower than other areas in Istanbul, and therefore the option of buying property in the region with the intention of housing is more likely than buying it with the intention of investment.

We attach the following links to see some of our special Properties in Ümraniye:

Apartments For Sale in Umraniye 

For more information about Ümraniye and all areas of Istanbul do not hesitate to contact us

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July 15, 2021
Zeytinburnu Area In Istanbul …Modern Properties within old Istanbul

Zeytinburnu is considered one of Istanbul`s most important and central municipalities. It was approved as an independent municipality in 01/09/1957. it is in the city`s European side overlooking the Marmara Sea with an almost 3-kilometer-long coastal strip. Bordered from the East by Fatih municipality and from the north the municipalities of Ayupsultan, Bayrampaşa and Esenler and from the West the municipalities of Güngören and Bakırköyç and from the South Marmara Sea. It covers 12 square kilometers. It is elevated 24 meters from the surface of the sea and divided to 13 neighborhoods. The following link is for Zeytinburnu`s location on the map http://tiny.cc/nnjwtz

History and reason behind Zeytinburnu name :

The word `Burun` in Turkish means head (it means the land`s entrance in sea= the opposite of golf). This region used to be famous for olive cultivation in the past. For that reason, it was named `olive head Zeytinburnu`. Some sources says that in the era of Byzantines it was a seaport or fortress, since it was close to the old city walls (they still can be seen in Zeytinburnu) and almost all the old city doors `Topkapı, Mevlanakapı, Silivrikapı, Belgradkapı) are opened to Zeytinburnu. After the Constantinople conquest and the entering of Ottomans, priests and monks coming from Jerusalem settled in this area where they lived a simple life planting vegetables and olives, even now if we check the old city records, we will find many ownership records are named as the Jerusalem Farm `Kudüslü Şerıf Çiftliği`. This region became a park and a place of entertainment for the old city residents for its closeness, peace, green spaces and sea view.

Archaeological and tourist attractions:

Zeytinburnu region is rich in historical and archaeological attractions that can be visited and that`s due to its special location near the old city walls, furthermore, Zeytinburnu`s municipality is considered one of the most active municipalities in Istanbul, where it accomplished many entertainment and service projects in the region. We mention these landmarks as an example:

1- Panorama 1453:

This museum was created in 2008 in memory of the Constantinople conquest in My 5th 1453 and that is by the Ottoman Sultan Mehmet the second named Al Fatih. The museum is in Merkezefendi in Zeytinburnu, it includes different pieces of weapons that was used in the conquest, also it includes many distinctive wall paintings that immortalize this great event that changed the course of history and the world map. The museum is open for visitors all week with very reasnabble entry fees.      

2-Topkaı Cultural Park:

Topkapı’s cultural park, located in Maltepe, Zeytinburnu, is known as the first first place that sultan Mehmet Al Fatih passed through entering the city during the conquest. This region used to be a square for street vendors and markets but with all the renovations of the regions in many fields a big garden was established. The garden includes green spaces, tracks to watch the city landmarks, kid's playgrounds, swimming pools, mosques, and parking, in addition to the 1453 panorama aforementioned.

3-The Old city Walls:

Zeytinburnu includes the longest part of the old city walls `Constantinople walls` that are 22 kilometer long. This wall was built in 413 AD, and it stretches from the coast of Zeytinburnu on the Marmara Sea from the south until it reaches the golden horn in the north. The part of the wall in Zeytinburnu region is 5.5 kilometer and has 123 watchtowers. On the south of these walls, behind the golden door there is the `seven doors Yedikule` neighborhood which gets its name from the interconnected seven towers that form the shape of a pentagram.

Transportations:

Zeytinburnu is considered a central region in Istanbul, and it has many rapid transit lines among them:

♦ The Metrobus line that has 3 stations in Zeytinburnu and passes the main street E5 that extends to the Asian side passing through the July 15th Martyrs bridge.

♦ The metro line M1 and it is the oldest metro line in Istanbul and crosses Zeytinburnu in 3 stations and connects it to Yenikapı from the East and Bakirköy West.

♦ Tramway line T1 that connects Kabataş with Bağcılar and has 6 stations in Zeytinburnu.

♦ Tramway line T4 that goes north to Habibler and has 2 stations in Zeytinburnu.

♦ The bus lines and express transportation Minibuses that connect Zeytinburnu to all over Istanbul.

Investment advantages:

Zeytinburnu has a distinguished investment position granted by its geographical position. It is Located within the old city right next to its walls.It is located near the beach with a fabulous sea promenade. Close to the shopping malls and main markets in Istanbul. One of Istanbul`s most important main streets which is Kennedy Street passes by it, it extends along the coast until it reaches Ataturk Airport and World Trade Center and has many luxury hotels such as Hilton, Radisson Blu and Novotel.

This vital and strategic location led to construction companies' eagerness to build huge projects in it. Zeytinburnu, and especially the south part of it near the cost and Kennedy Street, includes real estate projects that are considered among the most luxurious of Istanbul and maybe we are not exaggerating when we say the most expensive. And this is of course justified by the amazing coastal view and closeness to the city center that increased the real estate prices remarkably.

To view our Properties in Zeytinburnu you can click on the following link.

Apartmetns For Sale In Zeytinburnu Istanbul 

You can also contact us to get in touch with our real estate experts.

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March 16, 2021
Eyup sultan area in Istanbul .... An ancient past meets a sophisticated present

On the bank of the Golden Horn Bay, one of the most beautiful and sacred areas of Istanbul is located , embracing the body of a great companion of the companions of the Prophet, may God bless him and grant him peace, and the bodies of the sultans of the Ottoman Empire.

History and reason of name:

The area of Eyup, or as the Turks call it “Eyüp sultan,” took its name from the shrine of the great companion Abu Eyup al-Ansari, who was buried in it during the attempt to conquer it by the Islamic army in 670 AD, when he was martyred due to illness and was buried there as he wanted, and after the conquest of Istanbul by Sultan Muhammad Al-Fatih in 1453 The place of burial of the great companion was identified by the famous scholar of the Sultan, Akshamsuddin, where the Sultan built a mausoleum and next to it he established the first "Sultani" mosque in Istanbul and the area has been named after him since that date.

The Eyüp sultan area is the first residential center established by the Ottomans outside the walls of Istanbul after the conquest, as the housing were located inside the walls only, and the area includes many monuments dating back to the Ottoman era, as well as the famous shrine in the area of "Alibey köy" located on the foothills overlooking On the Gulf which contains many graves of famous Ottomans and Turks, and the reason for this is because the area was located outside the walls near it, so it was a place for graves, and on the other hand people were burying their dead near the shrine of the companions blessing their soil, and therefore many Ottoman sultans recommended to bury them in this area for the same reason.

People have inhabited this region since the Byzantine era, due to the presence of two rivers in it and the abundance of fresh drinking water constantly, and with the expansion of Istanbul during the seventh and eighteenth centuries, Eyup entered the city after it was outside it, and factories spread on both sides of the Gulf.

Location and geography:

Eyüp Sultan is one of the largest municipalities in Istanbul by area, and it may be surprising to know that the municipality of Eyüp Sultan extends to the Black Sea in the north and includes large lands and the last point in it is completely adjacent to Istanbul's new airport.
It is one of Istanbul's 39 municipalities, established in 1936 by annexing lands and parts of the municipalities of Fatih, Beyoglu and Sariyer.
It has a short coastline on the inner part of the Golden Horn Bay and extending a long coastline on the Black Sea for approximately 15 km.
Eyup has a central location between the most important municipalities and districts of Istanbul, as it is bordered on the east by (Sariyer, Sisli, KagitHanna), from the south (Fatih, Zeytinburnu and Bayrampasa ), on the west (Gazi Osman Pasha, Sultan Ghazi, Arnavutkoy and Basaksehir), and from the north the Black Sea.
It covers an area of 242 square kilometers, rises 71 meters above sea level, and is divided into 23 districts
The following link to Eyüp Sultan Municipality on the map : 
http://tiny.cc/88uqtz   

Eyup Sultan today:

The spread of factories on the banks of the Gulf, as we mentioned, led to the pollution of its waters, and Eyup became a crowded and unclean area, and since the end of the last century and the beginning of the current century, the municipality of Eyup Sultan made its efforts to close the factories and move them to modern industrial cities outside the city, and it cleaned the banks of the Gulf to become an area full of wonderful parks Cafes and restaurants, which have become a place for recreation and excursion, attract foreigners and citizens throughout the year.
In addition to that, real estate development companies began to take advantage of these features available in the Eyup area, as they constructed distinctive residential projects with a modern architecture system while preserving the archaeological character of the area.

Distinguished Landmarks:

♦ Eyup Sultan Mosque and its soil: It is the first sultani mosque that was established in Istanbul as we mentioned, it was built during the reign of Sultan Muhammad al-Fatih during the conquest of Istanbul next to the tomb of the companion Abu Eyup al-Ansari and next to his shrine and his soil, and this mosque had a great position among the Ottomans Where the Ottoman sultans wore swords when they assumed power, or what could be called the pledge of allegiance to them, and it still retains its shape since its construction until today.

♦ The Golden Horn Bay: It was called "the Horn" to refer to the shape of this estuary, as for its name "Golden", it is believed that it refers either to the riches brought to the city through the historic port, or to artistic interpretations of the reflection of yellow light on the waters of the estuary whenever the sun sets on The city, and in any case, this estuary has its name, as it has become at the present time a tourist attraction center full of parks, restaurants and distinctive tourist facilities.

♦ Pierre Loti hill: a distinctive hill in the Eyup Sultan area, named after the French writer and novelist "Louis Marie Julien Viode - Pierre Loti" who lived in this area and loved the people of Istanbul  and be loved by the them and was called a friend of Turkey. This writer was influenced by the Ottoman lifestyle and This influence was shown in his novels. He lived on this hill and it was named after him in honor of him for his sympathy with the Turkish people against the practices of his country, France, during and after the first world war.
The hilltop can be reached on foot or via Chairlifts where the most distinctive and quiet cafes are spread there with a charming view on the bay

♦ Lovers' Forests : It is an extension of the Belgrade forests, where this part of the forests is located in the Eyup Sultan region, and it was named by this name because it was already a place frequented by lovers, and today it is a distinctive picnic place not far away from the city center.

Transportation:

♦ The two main highways in Istanbul (E80 and E5) pass from Eyup Sultan area by the north and south of it , where the metro bus line that serves Eyüp area passes through E5 highway with two stations, Ayvansaray and Halıcıoğlu, as well as the D020 highway that connects the city center with the O7 highway to the north. And Istanbul airport.

♦ The M7 metro line, a part of this line was opened at the beginning of 2021, and will be fully operational at the beginning of 2022, this line connects Eyüp Sultan to Kabataş on the bank of the Bosphorus, through Sisli and it serves Eyup with 4 stations 

♦ Tram line T5: was opened in early 2021 and this line passes on the bank of the Golden Horn Bay along the water and gardens and this is what made it a way for enjoying the natural scenery more than a way of transportation only, this line connects Eyup area with Eminonu region, and passes through Eyup with 9 stations.

Real estate in Eyup:

Eyüp Sultan district is one of the central areas in Istanbul, as it is in the heart of the city, and it extends as we mentioned over vast areas to the north.
Eyüp Sultan area is mostly dominated by a residential buildings & complexes , and this is obvious in all the properties in this region, where they are mostly residential.
Real estate rent revenues in the region are relatively high, especially within modern residential complexes , and this is due, as we mentioned, to the centrality of the Eyup region with its proximity to other central Istanbul areas, commercial markets, and tourist areas, and thus makes the investment return for real estate in Eyup is high.

Here are our list for properties for sale in Eyup : 

Apartments For Sale In Eyupsultan Istanbul 

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