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We as Taskim Real Estate company offer you a wide range of Properties For sale in Istanbul suits all different kind of taste , multiple options of Istanbul real estate in both Asian & European Side of Istanbul. We have the biggest listings of properties for sale in Istanbul in one place .. We offer you properties in Istanbul suitable for applying for Turkish citizenship by investing in Istanbul real estate with a value of 250.000 $. We have a team of property experts looking forward to assist you in your journey to buy a property in Istanbul , Let us help you get the best prices in Istanbul real estate market.

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We help you to buy or sell a property in Istanbul , get Turkish citizenship by real estate investment program.
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Excellent consultation services will be provided for free by phone or by providing a property tour in Istanbul regarding all details whether it’s about the real estate market or its laws in Turkey.

BUYING A PROPERTY IN ISTANBUL

We’ll have been with you throughout your whole journey of buying a property in Istanbul starting from picking you up from the airport all the way until getting your property's title deed.

SELLING A PROPERTY IN ISTANBUL

We help you to sell your property in Istanbul with maximize possible profit.

TURKISH CITIZENSHIP

 We help you to get your Turkish citizenship for you & your family by real estate investment program with 0 fees thanks to our team of professional lawyers.

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Articles & News about the Real Estate market in Turkey
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October 18, 2021
Most important highways of Istanbul

In recent years Turkey went through an economic boom which Istanbul got a big share of it. With an increase of tourists, residents, and investors the city continued to grow. This influx of new commers has increased the population of the city and resulting in Istanbul becoming the most densely populated Municipality of Turkey. Therefor it is only normal for it to have the most important highways and roads in the country.

Of all the roads and highways four are the most famous and important.

D-100 Highway (E5 Highway):

The D-100 highway or as it is known among people as the E5 highway. It is considered the most well-known road in Istanbul as it links the two sides of the city from the European side to the Asian one through the Metrobus line that runs from Büyükçekmece to Söğütlüçeşme on a total length of 52 km and crossing the 15 July Martyrs bridge. It plays a main role in reducing the traffic congestion.

This highway starts at the Bulgarian gate “Kapikule” and crosses Turkey from west to east to the Iranian border gate “Gurbulak” with a total length of 1824 km.

E-80 Highway (TEM Highway):

Opened in 1977 and considered one of the longest highways in the word with a total length of 6960 km (inside Turkey). This highway crosses 10 countries starting in the Portuguese capital Lisbon passing through Istanbul in Turkey and ends in Iran in Bazargan.

It links the Asian and European sides of Istanbul through the Fatih Sultan Mehmet bridge.

Bassin Express Highway:

This is considered the most important highway in Istanbul; it intersects in two points with the other two main highways of Istanbul the E5 and the TEM highway. It is the main road that connects the Istanbul International Airport to the rest of the city. But other than that, its importance is in its location. It is located in the Bassin Express district the commercial heart of Istanbul according to the strategic plan of the municipality.

Kuzey Marmara Highway (The North Marmara Motorway):

The 400 kilometres long highway starts in the west of Istanbul in Kinali and crosses the city until reaching the eastern province of Sakarya and passing through the Yavuz Sultan Selim bridge. The North Marmara Motorway is the most important road for Istanbul Airport, one of the world's largest airports as it provides direct access to it. This highway represents an alternative transit route that bypasses the metropolis’ traffic-filled streets, as it will reduce the traffic burden in the country’s largest city and its surroundings.

Why live near a highway or main road:

It is very beneficial to buy properties that are close to main roads and highways. There are always new projects coming up that can present a valuable investment opportunity. Furthermore, closeness to highways and main roads will always guarantee you easy renting and re-selling as these kinds of properties are always in high demand. Another huge advantage is easy access to everything you mind need such as universities, hospitals, shopping centers and many other necessities.

 

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October 04, 2021
What does 1+1, 2+1, 3+1 and 4+1 mean in Turkish Real estate ?

It’s always been asked, especially by foreigners who want to buy apartments in Turkey, about common symbols used to denote the number of rooms in the apartment. These numbers are well known in the Turkish real estate market and among Turkish citizens, but they may be somewhat strange for foreigners, as we mentioned.

For example, for three-room houses, the expression 2 + 1 is used, so what does it mean? This means that this house has two bedrooms and a living room "salon". Of course, these numbers do not include spaces such as the bathroom, balcony, and garden, if any.

These numbers are one of the basic features of the apartment, and one of the first things to ask about when buying or renting alike.

Considering the foregoing, the most common room distribution in Turkey is as follows:

   ♦ 1 + 1 apartments: they consist of a bedroom + living room "salon", and mostly in this model the kitchen is American style (open to the living room).

   ♦ 2+1 apartments: it consists of two bedrooms (parents' room and children's room) + salon. The kitchen can be open to the salon or separate according to the metric area of ​​the apartment.

   ♦ 3 + 1 apartments: they consist of 3 bedrooms (one for the parents, and two for the children) + a salon, and most likely they have a separate kitchen and a balcony.

   ♦ 4+1 apartments: it consists of 4 rooms (all of them may be used for sleeping or one of the rooms may be used to receive guests independent of the living room) + salon, and this type most definitely has a          kitchen that is separate from the living room.

   ♦ 5+1 apartments: consisting of 5 rooms (often one of them is a guest room, in addition to a bedroom for guests, and this is according to the apartment residents and their preference on how to distribute the rooms) + a salon, this type of apartment is often on the ground floors where a garden or a private terrace is attached to it. .

These types that we mentioned are the most common in Turkish residential apartments, and certainly there may be apartments with more rooms than what we mentioned, but they are often duplexes, and also, we do not forget to mention the one-room apartments "studio", which is symbolized by 0 + 1.

 

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September 27, 2021
What is return On Investment Value (ROI) in real estate in Turkey

We talked in our previous article, about the types of real estate investment in general, and the forms of real estate investment in Turkey in particular, and we mentioned that real estate investment has different patterns depending on the period within which the investment return is expected, and we also mentioned that the investment aspects vary based on the form of this return, either by resale or rent of the property.

Read Previous article: How to invest in Real Estate in Turkey ?

However, in the previous article, we did not mention the value of the investment return and the amount of expected profits that the investor will earn, so in this article we will clarify the average investment return for each type of investment that we explained previously.

Before going into details, it is necessary to refer to several important points that we considered during our research and the results that we have reached:

♦ For the figures in this article, we relied on several official and unofficial sources concerned with the Turkish real estate market and monitoring the rates of increase in prices according to the difference in supply and demand, and the difference in the annual inflation rate.

♦ We used the Turkish lira to calculate the return on investment on an annual basis.

♦ We chose Istanbul as it is the most popular city for investors, and therefore the percentages mentioned in this article may not apply to the investment returns of real estate outside Istanbul.

♦ We will mention the average rate of return on investment, which certainly may vary from one region to another.

♦ In addition to the above, we relied on our experience in the real estate field and our daily monitoring of the movement of the real estate market in Turkey and the change in real estate prices and rents.

1 - Return on investment by leasing the property:

Real estate rental is one of the most common forms of investment in Turkey, and it is very popular among Turkish citizens themselves, as we find that many Turkish citizens prefer buying and renting a property over any other type of investment, due to the high demand for rental throughout the year.

Depending on the details we mentioned in our previous article, the annual rental returns for real estate in Turkey are as follows:

♦ Residential apartments: annual rental return of 4% as a minimum of the property value.

♦ Furnished apartments: annual rental return of 6% as a minimum of the property value.

♦ Commercial shops: The annual rental return is 5% as a minimum of the property value.

♦ Hotel apartments: annual rental return of 8% as a minimum of the property value.

Note: Regarding hotel apartments and furnished apartments, it is worth noting that they may be vacant during certain periods of the year, but they are rented on a daily or weekly basis in good prices during the tourist seasons, and we have taken this into account in the mentioned percentage.

2 - Return on investment through resale:

Real estate prices in Turkey are having a steady annual increase. According to the Turkish Statistical Institute, the average increase in housing prices during the past year was 30%. This was certainly not a natural increase, as it was accompanied by the global spread of the Corona epidemic, which prompted a large percentage of the population to turn to fixed assets, in addition to the difference in the price of the Turkish lira, as is known.

However, in general, real estate prices in Istanbul have an annual increase that varies according to the type of property and its region, and accordingly we can determine the return on investment for resale as follows:

♦ Ready real estate (residential and commercial apartments): 10% annual increase in the value of the property as a minimum.

♦ Real estate under construction: 25-30% increase upon delivery of the value of the price paid in instalments.

♦ Lands prepared for construction: The construction project is a high-return investment, as the land, after construction is finished, will be divided into residential apartments and shops, the value of the investment return may double several times by the end of the project. However, several things must be considered, namely that this type of project needs to obtain many licenses, in addition to the significant increase in the prices of building materials, as the increase during the first eight months of this year reached 45%, according to the Turkish Statistical Institute.

♦ Purchase of agricultural land and resale when it enters the regulatory area: It is not possible to determine a fixed percentage of the expected return on investment for such a project, due to the different regions and their proximity or distance from government projects and public utilities such as airports, industrial cities, and tourist areas. But we mention as an example of this type of investment the lands located on both sides of the Istanbul Canal project, where a decade ago these lands were almost empty lands and sold at cheap prices, while at the present time, after the announcement of the canal project, it has become one of the most expensive areas. It made the owners many times the purchase price.

 

In conclusion, we would like to note that the percentages mentioned in this article are correct until the date of its publication, and they may change according to the movement of supply and demand. For any additional information on the return on investment in real estate in Turkey, you are welcome to contact us to take the advice from real estate experts.

 

 

 

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