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Feb 5, 2023

Luxury Real Estate in Turkey- A Comprehensive Guide

Turkey shines with a unique combination of natural beauty, history and rich culture. This country is not only the focus of attention for tourists and travelers, but also a luxurious haven for lovers of luxurious real estate, due to its location on three seas and containing many charming natural terrains, in addition to its distinctive climate that varies from one region to another. 

Investing in luxury real estate in Turkey has become a symbol of elegance and distinction, as it combines its strategic location in the middle of the world with sophisticated architectural design to provide a luxurious residential experience by all standards. In this article, we will talk about the world of luxury real estate in Turkey, where luxury meets history and nature, creating an exceptional space for living and investment.

Turkey's location and its impact on real estate

 If you want to buy a beautiful luxury real estate in Turkey or apartment overlooking the sea to enjoy the sunshine, or you want to buy and own a property or invest in real estate in a distinguished and prosperous country, you must take a look at the luxury real estate in Turkey, because buying property in Turkey is a gain itself. Turkey's strategic location, the link between Asia and Europe made it a major destination for many rich businessmen and investors.

Turkey has many beautiful and distinctive areas, which makes the options diverse and makes the buyer in a state of confusion due to the large number of options when choosing the appropriate apartment location. There is the lively city of Istanbul, its lively entertainment and its charming natural places, and there is the coastal city of Antalya with its vibrant tourist beaches, and there is the city of Alanya with its warm sun, many beaches and green forests. There is Izmir, with its blue sea and distinctive houses, and there is Bodrum, which is desired by all the rich and retired people, and the list is endless.

Yet, for such options, we find that there is a special category of luxury real estate in Turkey with prices that suit special categories of investors, businessmen and billionaires in particular, because the prices of luxury real estate in Turkey are significantly higher compared to the prices of other types of Real estate in Turkey, but this comes in return due to the advantages and components that these luxury real estate in Turkey have. Despite their high price, luxury real estate in Turkey is one of the most sought after types of real estate in Turkey and is very popular.

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Luxury real estate in Istanbul

Investing in luxury real estate in Turkey, Istanbul in particular is an attractive option for many investors. There are several reasons that encourage making such decision, including:

  • Istanbul's strategic location between Europe and Asia, making it a vital commercial and economic center, in the middle of the world, especially global trade routes. 
  • The continued economic growth in Turkey, especially in Istanbul, which indicates continued demand for luxury real estate. 
  • The huge projects that Istanbul has witnessed in recent years make it a first destination for the world's wealthy people, as it is turning into a global port. 
  • The tourism power that Istanbul possesses also plays a major role, as Istanbul is considered the number one tourist destination among Turkish cities. 
  • As for infrastructure, Istanbul is the newest and best among all Turkish cities. 
  • The most attractive factor is the three Bosphorus bridges in Istanbul, which add beauty and charm to the city and its properties, as most buyers request Turkish properties that overlook the Bosphorus.

Successful investment or optimal residence may be achieved in the idea of searching for real estate in Turkey, especially in the city of Istanbul, for example, the European or Asian side of it, and owning or investing in it. Studies indicate that choosing the city of Istanbul is the best and most profitable choice. In addition to the distinctive and strategic location of the city and the development plans and projects, the city of Istanbul is large and its areas are vast, so luxury real estate is many and varied.

Luxury real estate in Turkey and its types

Residential properties:

These are luxury real estate in Turkey that are located in ordinary neighborhoods, as they are only related to the building in which they are located. Most residential buildings in Turkey are characterized by development and modernity, as there are mainly electric doors and surveillance cameras, and these things are not found in ordinary apartments.

Villas:

They are houses with a large area and surrounded by a fence and green space. Villas are found in Turkey in many regions and neighborhoods. They are far from tourist centers and places, and most often they are near the countryside. Many people seeking a quiet life away from the hustle and bustle of the city resort to this type of villa. 

Tourist villas:

This type of villa is superior to ordinary villas in terms of price. It is certain that this type of villa has high specifications in terms of finish, area, location, materials, technology, neighboring areas, view, and all details are given great attention and care, so the prices of these villas are high, but they are worth the effort.

Penthouse apartments:

It is a new type of luxury real estate in Turkey, and is often located in skyscrapers. What distinguishes it is its large areas and its external walls are often made of glass, which means a charming view of this apartment day and night. This type of apartment also provides comfort, tranquility and order similar to independent villas, and there are no adjacent or opposite apartments on the floor, which helps the residents to be independent. These apartments are expensive apartments, but they are very elegant and luxurious.

Conclusion:

In conclusion, we note that luxury real estate in Turkey is diverse and numerous, and it is the focus of attention of many investors and billionaires. These types of real estate are not searched for by anyone; the person looking for them should have a lot of money. This is due to the fact that the prices of this type of real estate in Turkey are not cheap, as each property has it advantages and the price it deserves.

Despite this, this type of real estate is witnessing great demand due to the facilities provided by the Turkish government to all foreign investors who wish to buy luxury real estate in Turkey, in addition to the fact that real estate prices in Istanbul are good compared to their prices in Europe, and this increases the desire of investors and businessmen there.

There is a great diversity of types of luxury real estate in Turkey, from apartments with contemporary designs to villas on the sea and luxury homes in lively neighbourhoods. With these multiple factors, Istanbul remains a distinguished investment destination for luxury real estate, with great growth potential and financial returns.

If you would like to know more about luxury real estate and real estate investment in Turkey, do not hesitate to contact us via WhatsApp, here. Our company's real estate consultant will respond to you immediately.

 

 

 

 

 

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