How to invest in 1+1 apartment in Istanbul? Is it worth to invest in a 1-bedroom apartment in Istanbul for sale? This guide will highlight important information about a one-bedroom apartment for sale in Istanbul.
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General Information about 1+1 Apartment in Istanbul
In general, 1+1 apartments in Istanbul are considered a real estate style preferred by the majority of investors.
As they are characterized by a suitable area for the majority, renting or using 1 + 1 apartments in Istanbul is easier than large apartments in terms of space and number of rooms.
The 1 + 1 apartments in Istanbul rank in the top of the desires of foreign investors. So, Investors often buy a 1+1 apartment in Istanbul.
Can a Foreigner Buy a 1+1 Apartment in Istanbul?
After legal changes were made in 2012, citizens of more than 180 countries gained the right to own real estate in Turkey.
As a result, 1+1 apartments in Istanbul are probably among the most well-liked real estate types among foreign investors.
According to the laws and regulations on foreign ownership of real estate in Turkey, a foreigner has the right to purchase a 1+1 apartment in Istanbul.
How to Buy a One-Bedroom Apartment for Sale in Istanbul?
The investment requirements for purchasing a one-bedroom apartment in Istanbul are the same as the requirements for real estate in Turkey generally, and they are as follows:
- The foreign investor’s nationality shouldn’t be one of those that is restricted from owning property in Turkey.
- His age must be at least 18 years old.
- Real estate shouldn’t be larger than 30 hectares (the total area of real estate owned by a foreigner in Turkey).
- A real estate’s area shouldn’t be larger than 10% of the administrative region to which it belongs.
- The one-bedroom apartment for sale in Istanbul shouldn’t be located in a military or security zone.
Read more: The Best Guide to Sile Istanbul Turkey
Characteristics of 1-Bedroom Apartment for Sale in Istanbul
The one-bedroom apartments for sale in Istanbul have a number of qualities that make them the top option for a variety of investors.
The following are the most prominent characteristics of the 1-bedroom apartment for sale in Istanbul:
- 1+1 apartments in Istanbul are suitable to start a successful real estate investment.
- The prices of an 1-bedroom apartment for sale in Istanbul are affordable for most investors.
- There are many 1+1 apartments in Istanbul within luxurious and modern residential complexes.
- One-bedroom apartments for sale in Istanbul are suitable for the majority of investors in terms of size and design.
- 1-bedroom apartments for sale in Istanbul are often located in vital areas with all facilities.
Is Buying a 1-Bedroom Apartment in Istanbul for Sale a Successful Investment?
Certainly, buying a 1-bedroom apartment in Istanbul for sale is a successful investment that is desirable for many investors. We are looking for apartments with medium sizes and reasonable prices, and at the same time achieving all the investment goals that the investor aspires to.
Purchasing a 1+1 apartment in Istanbul is undoubtedly a wise investment that attracts a lot of investors. In order to meet all the investor’s investment objectives, the apartments should be with moderate sizes and affordable rates.
Is There a 1+1 Apartment in Istanbul with Sea Views?
Are you looking for a 1+1 apartment in Istanbul with a stunning sea view? There are various real estate options that allow you to purchase a 1+1 apartment in Istanbul, with excellent services and stunning designs.
Process of Buying a 1-Bedroom Apartment for Sale in Istanbul
You can get the best investment returns if you choose to purchase a one-bedroom apartment in Istanbul for sale, but a number of considerations need to be considered, including the following:
- Determining the goal of buying a 1+1 apartment in Istanbul, whether it is residential or investment.
- Determining the financial budget.
- Hiring a reliable real estate company to help you complete the real estate ownership journey in Turkey without any trouble.
- Choosing the appropriate geographical location.
- Choosing a luxury tourist location if the goal of buying a 1-bedroom apartment in Istanbul for sale is investing in the tourism sector.
Steps to Buy a One-Bedroom Apartment for Sale in Istanbul
In order to complete the journey of buying a one-bedroom apartment in Istanbul without any troubles, you can follow the following steps.
Determine The Goal of Purchasing a 1+1 Apartment in Istanbul
In light of the fact that no investment project can be successful without establishing the success criteria, the first step in purchasing a 1+1 apartment in Istanbul is to decide the purchase’s goals.
Contact Lale Real Estate Group
After determining your goal, you must get in touch with Lale Real Estate Group in order to receive the best real estate offers and investment opportunities that are in line with your future goals of purchasing a 1-bedroom apartment for sale in Istanbul.
Lale Real Estate Group will also accompany you throughout the entire purchase process, from the search to obtaining the apartment’s title deed.
Real Estate Tours
This step comes when you take a real estate tour to view the available properties that are compatible with your investment goals.
You should see your 1-bedroom apartment in Istanbul for sale before signing the purchase contract.
Pay The Deposit & Reserve The Apartment
Have you chosen your dream home? Now you have to pay the deposit to book the apartment and make sure that there is no other buyer or any changes in the price of the apartment.
Sign The Contract
The last steps are for signing the contract (Note that Lale Real Estate Group provides all real estate services, including the steps of signing the contract and preparing the documents).
Preparing The Required Documents to Buy a 1+1 Apartment in Istanbul
The required documents to buy a 1+1 apartment in Istanbul include:
- Tax Number.
- Valid passport
- Number of personal photos of the seller and buyer.
- Real estate insurance against earthquakes.
- Real estate appraisal document.
- Bank receipts of the payment of the property price.
- A translated and notarized copy of all documents.
Top Advantages of Purchasing a One-Bedroom Apartment for Sale in Istanbul
1-bedroom apartments in Istanbul for sale are among the most highly demanded real estate. The following are the most important advantages of this real estate style.
Residing in Istanbul
When you buy a 1+1 apartment in Istanbul, you are living in one of the most important cities in Turkey and the world.
Obtaining Real Estate Residence or Turkish Citizenship
You can apply for real estate residency or Turkish citizenship by purchasing a 1+1 apartment in Istanbul, where there are many of those apartments that are suitable for Turkish citizenship and residency.
Where it is possible to purchase multiple apartments in the same style for a price that will allow you to apply for Turkish citizenship and a passport.
A 1+1 apartment in Istanbul is a long-term investment because these are residences with a distinctive tourist value and are among the city’s best properties.
One of the competitive advantages of this real estate style, or for real estate investment in Turkey generally, is the ability to obtain a good monthly income by purchasing a 1+1 apartment in Istanbul.
This was a comprehensive guide to the 1+1 apartments in Istanbul. Now, have you decided the type of your future property?
FAQs about 1-Bedroom Apartments for Sale in Istanbul
What are the characteristics of 1+1 apartments in Istanbul?
The characteristics of 1+1 apartments in Istanbul are:
Suitable in terms of size, number of rooms and stunning design.
Appropriate in terms of price and good return on investment.
Suitable for obtaining real estate residence permit.
Is buying a 1-bedroom apartment for sale in Istanbul a successful investment?
Yes, buying a 1-bedroom apartment for sale in Istanbul is considered a successful investment.
Why buy a one-bedroom apartment for sale in Istanbul?
Buying a one-bedroom apartment for sale in Istanbul allows you to have a profitable real estate investment with good returns.
How to purchase a 1-bedroom apartment in Istanbul for sale?
You can purchase a 1-bedroom apartment in Istanbul for sale or other types as well by contacting Lale Real Estate Group.
Can a foreigner purchase a 1+1 apartment in Istanbul?
Yes, foreigners can purchase a 1+1 apartment or other types in Istanbul.
Do you know what the benefits of buying a property in Istanbul? Contact me to find out why!