Turkey's considered commercial base Istanbul, maintains an adequate level of diversity in terms of commercial investment opportunities. While its current geopolitical position has a major impact on this situation, it is another positive aspect that it is shown among high-developed metropolises. In terms of mathematical data, Istanbul is preferred in terms of commercial investment opportunities such as London, New York, Beijing, Tokyo, Berlin and Rome. It is necessary to emphasize that various topics are important in investments to be made in Istanbul, which provides a fun and colorful life. In particular, determining the investments to be made and the investments being implemented in the right place and in the right way will increase the gains in a much shorter time. So, what are the commercial investment opportunities in Istanbul?
Determinants of Istanbul Commercial Investments
Commercial investment opportunities can be obtained very quickly in Istanbul; processes can be immediately involved. The criteria for this are decisive criteria. When it is considered within the framework of commercial investment in Istanbul, the product should be determined first. Then, in which districts or regions the product will be sold at much higher levels is calculated. A distinction can be made between the districts of Istanbul according to various criteria, especially the economic level, and expectations and opportunities shape commercial real estate investments. For this, the right product must be sold in the right region. Otherwise, even if the product is of very high quality, sales will not be at the desired level. The service network also has a decisive importance in sales of goods and services. In particular, the proximity of stores or shops to transport networks and the presence of trade traffic also affect the return on direct investments. In regions where there is more cash, commercial investments are always more profitable. When Istanbul is focused on commercial investment, it has played an effective role in determining the sector and realizing the economic processes that will follow.
Profitable Real Estate Investment Opportunities in Istanbul
Real estate and housing sector is one of the most lucrative sectors for commercial investment in Istanbul. Istanbul which is Turkey's largest metropolis with increased commercial activity and industrial investments, is mobilizing the housing market real estate and workplace. Therefore, it has become one of the attraction points of investors who want to invest in the real estate field in the short and long term. In particular, many housing projects where social living spaces have come to the fore are among the most popular real estate investments in recent years and increased the preference rate for people who want to make commercial real estate investments with attractive campaigns and payment facilities.
When the most recently published TSKB Real Estate Report is analyzed, it is observed that there has been an increase in the prices of zero house sales in Istanbul in the last year. Üsküdar, Şişli, Bakırköy, Kadıköy and Beylikdüzü are the top districts with the highest increase. The reasons for these price increases are the locations where these countries are located and the rapid development of social opportunities. The Balat neighborhood, which has attracted attention in recent years as a commercial investment in Istanbul, has become one of the preferred spots for people who want to make romantic and historical investments. Purchasing and restoring old buildings is a very profitable investment opportunity for the future. In this nostalgic region, which meets the expectations of its investors, the rental returns of the houses purchased are at a level that will make the investor smile.
Housing Investments in Istanbul
One of the most profitable options that come to mind when it comes to commercial investment in Istanbul is undoubtedly the purchase of housing. But; The location is also decisive in the housing, as well as in the choices of stores, shops and businesses. In general terms, the average price of a 100 square meter house in Istanbul varies between 295.846 TL and 493.100 TL. Currently, the average return period is 20 years. While the regional average is 394.461 TL, the 3-year change rate in sales prices within the framework of Istanbul commercial investment is 15,2%. When the mega projects completed each year and the increasing in the rent of these projects are evaluated from the perspective of the investors, they have facilitated the acquisition of very good profit margins and paved the way for high gains in the short term. The profitability of the real estate sector and the short-term return of the real estate sector are considerable, especially when its considering the advantages provided to investors by rent guaranteed housing sales.
Special Investments for Tourists
In the process of commercial investment in Istanbul, it is also important to identify the potential customers base and to manage the processes. In this respect, the fact that the annual tourist opportunities are very high which is also determines the commercial investments to be made in Istanbul directly. It is also considered to be an important investment opportunity for the establishment of entertainment venues for tourists or the establishment of enterprises that will meet the needs such as accommodation. Determining the right locations of the commercial housing investments to be made in parallel and taking the necessary steps accordingly adds value to the investors. As a result of the determination of the right strategic region, there is the fact that it will be a very harmful commercial investment.
Featured Districts in Istanbul
In terms of commercial real estate investment, Kadıköy is one of the most attractive and modern districts of the Anatolian side. While the return on housing investments is 27 years, the rent level is also quite high according to the real estate index reports. The average rental value for an apartment of 100 square meters is 2.208 TL, but comes first among the livable districts. In order to provide a faster return on investment, the right district choice is important for commercial investments, while new districts have more attractive investment opportunities. While Beylikdüzü and Başakşehir stand out in the European side, Ataşehir is among the rising values of the Anatolian side. Since 2011, housing prices in Başakşehir have been increasing at a certain level. Demographic information should be taken into consideration when choosing between the districts of Istanbul, where an average increase of 16.6% is observed within 3 years.
Istanbul Commercial Investment Highlights
Başakşehir, Beylikdüzü, Sancaktepe, Ataşehir maintains the advantages of being one of the most recently established districts. In addition, districts with high demographics can be selected for commercial investment in Istanbul. Investments in Besiktas, Sisli, Kadikoy, Maltepe and Bakırköy districts would make more sense if the services and products in these commercial investments address the upper income level. Citizens classified as socio-economic level B and above reside in these districts with high literacy levels. However, in a general commercial investment, Beylikdüzü, Başakşehir, Mecidiyeköy, Sancaktepe, Küçükçekmece, Ümraniye districts can be implemented much more effective projects. In addition, districts away from city centers may be preferred if large areas are required.
Istanbul Commercial Investment Processes
Following the determination of the product and service structure for commercial investment in Istanbul, infrastructure facilities are also a factor in the delivery of services. Especially if there will be sales through the venue, proximity to transportation networks is essential for Istanbul. At this point, it may be necessary to be close to metrobus stops and close to Gebze-Halkalı railway. Istanbul commercial real estate investment transactions on busy streets will enable a much faster return.
Istanbul attracts the attention of many domestic and foreign entrepreneurs in terms of commercial investment. The increasing foreign demand in the last years with the increasing housing projects has resulted in a highly active market. Foreign investors may find advantageous opportunities as the Turkish Lira depreciates against the dollar and the euro in international markets.