Real Estate

Foreign investors are favouring the Asian-side of Istanbul for Real Estate investment

Foreign investors are showing more interest towards the Asian of Istanbul real estate projects, according to Soner Keles, a of the Board member of Reagroups Real Estate marketing firm, a subsidiary of Beytturk.

Keles said, Reagroups is marketing 7 different projects on the asian side of Istanbul to the Middle East and Chinese, and dozens of houses are sold to foreign investors each month.

Keles mentioned, despite the uncertainty in the real estate industry the citizenship law update, with the government incentives for foreigners investors have increased house sales to foreigners.

foreign investors are interested in ready projects. completed real estate projects with ready title deed is the first choose of foreign buyers. Trust in Turkey’s economy and Turkish real estate sector is motivating foreigners to buy properties and obtain Turkish citizenship.

Expansion in Sabiha Gökçen Airport and the increasing number of flights arriving from the Middle East at this airport, new metro lines and Marmaray metro line, less traffic and wider green areas attract the attention of foreigners towards the Asian side. foreigners are increasingly their investments in Kadikoy, Atasehir, Maltepe and Kartal districts Soner Keles said.

translated by bazaar times team

Source
anadolu agency

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