Commercial property for sale in Istanbul, Marmara, Turkey
Istanbul has a thriving economy and businesses are opening left, right and centre in the hub of Turkey. It may no longer be the capital of Turkey, however it has remained the financial and economic centre and investment here is growing. Commercial real estate in Istanbul, Marmara, Turkey is one to watch.
Commercial investment can be via retail shops, restaurants, outlets, stores and buildings, with shop space underneath that can be converted. Istanbul is a great option to invest in commercial for sale in Istanbul, Marmara, Turkey due to its geographical location. This is where east meets west, the transportation links including air, roads and ports cover every option for the transportation of goods.
Another factor for buying commercial property in Istanbul, Marmara, Turkey is the capital growth in this bustling location and the sound rental returns.
Not only are we seeing massive investment in the centre of the city, the outskirts is quickly developing too, with the new apartment buildings that are springing up. The apartments are set in large complexes that offer everything a home owner could possibly want by way of amenities and those amenities include shops, banks, supermarkets, chemists, boutiques, cafes, restaurants and entertainment centre in this lucrative retail space. Investors are snapping up commercial units in Istanbul, Marmara, Turkey for sale.
These complexes are just thirty minutes’ drive from central Istanbul, however the cost of the units are more affordable.
Is it worth making the move to the outskirts of Istanbul for business? Yes! These complexes can have 1300 or more, homes for sale and that’s a lot of people who will use the shops and entertainment facilities. Other amenities in these complexes often include, a cinema, vitamin bar, gym, a spa and massage room, salt room, Turkish bath, sauna, plus much more. In real terms you don’t ever need to leave the complex except for work or education.
Istanbul, Marmara, Turkey commercial real estate is big business even in the suburbs.
They are located within close proximity to the ring roads, airport and transportation channels. They can be only five minutes from the Tüyap Fair Convention and Congress Centre, Marmarapark Shopping Mall, Torium Shopping Mall, Migros and Carrefour supermarket. And just forty minutes from Sultanahmet Square, Taksim Square and the Grand Bazaar and fifty minutes away from the Bosphorus Strait and Maiden Tower. The airport is just fifteen minutes away and it's only one minute to the E5, three minutes to the TEM, and five minutes from the Metro bus stop and the West Marine. You could live and work at one of the many complexes mentioned here so why not consider commercial property for sale in Istanbul, Marmara, Turkey and change your lifestyle.
If you are a foreigner looking to invest in the Turkish Citizenship by investment scheme, this could be a real option for you. Why go into central Istanbul in the regions such as Beyoglu or Fatih and pay premium commercial properties in Istanbul, Marmara, Turkey prices when you don’t have to. Which side of Istanbul is better to invest in commercial Istanbul, Marmara, Turkey property for sale? At the moment possibly the European side, as this is the area to look for future growth. Capital appreciation here has more scope to grow as this area is yet to reach its full potential. However, in saying that, the Asian side has some rapidly expanding districts, crying out for solid investment.
Possible buyers of commercial real estate for sale in Istanbul, Marmara, Turkey look at areas such as Avcilar, Arnavutkoy, Bakir, Basaksehir, Esenyurt, Kadikoy, Kartal, Kucukcekmece and Sisli just for example. Due to the sheer size of Istanbul and its current population of just over fifteen million, most areas are excellent for investment in commercial Istanbul, Marmara, Turkey properties. Tourists flood into the city year on year, in excess of thirteen million foreigners and their spending power aids the Turkish economy. It goes without saying the sightseeing hot spots and the attractions, hotels, eateries and shopping malls are financially rewarding.
Of course it’s not only shops that investors of commercial real estate in Istanbul, Marmara, Turkey for sale purchase. Offices are high on the list and this is where you can make a solid investment by purchasing a commercial Istanbul, Marmara, Turkey property and leasing it for a fixed term contract for five to ten years. Immediately you have a guaranteed rental income and your investment begins to work for you at once. It sounds easy and to some degree it is, nevertheless, you do need to do your homework and as they say location, location, location is key to the success of your investment. Therefore, location, excellent rental yields, capital appreciation and someone who knows the markets and how to view the latest trends, is vital to you making a wise move in the commercial world.
Commercial property for sale in Istanbul, Marmara, Turkey ticks many boxes and this is definitely the place to invest in Turkey. In 2019 the number of tourists soared to a new five year high. Its rich culture, historical sites and ease to get to, meant that record foreign tourists hit new numbers. Figures show that an extra two million visitors are expected for this coming year. Istanbul now ranks a healthy third in Europe and tenth around the globe in terms of visitor numbers.
Istanbul is served by three airports, Istanbul Airport and Istanbul Sabiha Gökçen International Airport are both international airports and serve most of the world. Istanbul Atatürk Airport was the main airport in Istanbul, however, since the opening of new Istanbul Airport in April 2019, Istanbul Atatürk Airport is open for cargo, maintenance, general aviation, air taxis, business flights and state and diplomatic aircraft. All commercial flights were handed over to the new Istanbul Airport.
Istanbul Airport is in Arnavutkoy in the European side of Istanbul. Sabiha Gökçen International Airport is in Pendik in the Asian side of Istanbul and Istanbul Atatürk Airport is in Bakirkoy on the European side. As you can see, Istanbul is very well serviced and ideal for commercial investment, whatever the venture maybe!