Istanbul Properties, Real Estate Investment

The Importance of The Third Bridge in The Istanbul Economy

The Yavuz Sultan Bridge Was Opened For Use In The Past Years And It Is An Undeniable Fact That It Affects The Transportation Of Istanbul. In Addition, The 3rd Bridge Affected Not Only The Transportation But Also The Economy Of Istanbul. Changes In Districts Which Are Close To This Region And The New Airport Change Dynamics About Property Investment In Turkey.

Sancaktepe Gets İts Share

Sancaktepe Is Among The Regions To Be Developed By The 3rd Bridge. It Is Said That The Land Prices In Sancaktepe On The Rise Due To Housing Projects That Have Increased In The Region In Recent Years. The Importance Of The Region Has Increased As It Is Located On The Route Of The Bridge. So That The Land M2 Prices Were 75-80 Tl In The Past, Now Prices Range Between 140-160 Tl.

Follow The Places Which Will Be Established Two Gigantean Cities

It Is Stated That In Order To Create A Multi-centered Urban Structure In Istanbul, It Is Planned To Establish Two New Sub-scale Cities That Contain All Kinds Of Urban Needs But Are Integrated With The Main City Center With Transportation Plans. One Of The New City Projects Is Planned Around The 3rd Airport On The European Side, And A New Proposal With A Maximum Population Of One Million Is Expected To Be Surrounded By The City. The Second New City Project Is Planned To Be Implemented In Tuzla With The Sabiha Gokcen Airport 2nd Runway Project On The Anatolian Side. Investors Should Follow These Points. It Will Creates Value-added And Enriches To The Surrounding Regions In All Aspects Of The New Cities To Be Established.

People Who Are Buying A New Home Should Be Attention To 11 Districts!

Citizens With Middle And Lower Income Levels Who Are Going To Have A New Home Are Recommended To Move To New Developing Places Such As Cekmekoy, Sancaktepe, Tuzla And Pendik On The European Side Of Halkalı, Basaksehir, Esenyurt, Beylikduzu, Arnavutkoy, Sultangazi, And Catalca. Due To The Fact That These Regions Are Located In Distant Areas From The Center, It May Cause Work-home Distance And Transportation Difficulties At First. However, When The Projects Planned To Be Carried Out At The Transportation Point Are Examined, It Is Said That These Problems Will Be Solved In A Very Short Time Frame. It Is Also Said That People Who Invest In The Projects In The Specified Districts Will Make A Profit In The Future.

In Addition, It Is Said That The Old Structures In The Regions That Have Come To The Agenda Should Be Investigated And The Opportunities There Should Be Observed With The Urban Transformation Law, Which Has Been On The Agenda Recently.

Invest In Small Area Houses

It Is Suggested That Residents Will Invest In Small-area Houses Invest. It Has Been Stated That There Are Many 1 + 0 And 1 + 1 Residences In Many Projects. When We Look At The Sales Speed, It Is Seen That These Types Of Houses Are Sold Much Faster. The Most Important Reason For This Is Undoubtedly The Price Of The House Supports The Purchasing Power. First-hand Sales Speeds Of Small-area Houses Are Very Successful.

Buy Housing At Launch Time

It Is Recommended That People Who Want To Invest Should Make Purchases At These Times, Especially By Observing The First Times When The Projects Go On Sale. The Sales Strategy In Residential Projects Is To Increase The Price When A Certain Time Period Or A Certain Number Of Sales Is Captured During The Construction Period. It Is Also Said That A Person Who Buys A House At The Time Of The Launch Of A Project Will Provide A Minimum Of 20-30% Premium When The Project Is Completed.

Housing Interests Will Increase!

The Low-Interest Rate, Which Continued In The First Half Of 2013 At 0.63 To 0.65, Rose By 0.70 To 0.75 With Increases In Interest Rates As Of The Second Half Of June. Regarding Prospective Mortgage Interest Rates, In The Next 6 Months, Loan Interest Rates Are Expected To Follow A Rising Trend Both In Terms Of Economic Developments Around The World And Legal Regulations In Our Country.