shops for sale Istanbul
Investing in Commercial Shops in Istanbul
Istanbul is considered one of the most distinguished cities in the field of real estate investment in the region. It has become a destination for Arab and foreign investors alike from all over the world. Today, we are talking about one of the best types of real estate investment in Turkey, which is investing in shops for sale in Istanbul.
Why Invest in Istanbul?
Investing in shops for sale in Istanbul is always a profitable investment. Istanbul has the components of real estate investment, from a network of transportations with international specifications, to all other services such as medical hospitals, universities, government and international schools, in addition to huge shopping centers that include the largest international brands. All these services are available in all areas of the beautiful city, which permanently increases the value of the property.
In addition to all the above, there is the factor of the presence of giant projects in Istanbul such as the Istanbul Canal project, which was named the crazy project and the new Bosphorus, as it will connect the Sea of Marmara to the Black Sea, and the new Istanbul Airport, which is the largest airport in the world, and the Medical City project in the Basaksehir area, and new metro line projects that connect all areas of Istanbul easily, without having to enter into congestion. All these projects and others make real estate investment in Istanbul one of the best investments ever, in terms of rent and benefit from the rental return of the property to be purchased, and also in terms of benefiting from the significant increase in the price of the property with the completion of each major project that raises the level of the area of the property completely, and also the annual periodic rise at the city level.
Types of Commercial Shops in Istanbul
Commercial shops for sale in Istanbul are available in several types:
Shops within Large Shopping Centers
Various shops of different shapes and spaces are available within malls and large shopping centers. The investor can buy a property within one of the malls and then invest it himself within his field of work, which provides an excellent place to work and high earnings according to the nature of shopping centers in Istanbul as they are crowded all the time throughout the year. The investor can also buy a property within one of the malls and then rent it to one of the famous international brands available in all malls and shopping centers in Istanbul such as restaurants like Burger King and Pizza Hut or clothing stores like Zara and Adidas and many others also like international cafes, or he may be able to buy a property and it is previously rented to one of the famous brands within a contract that extends for several years, and in both cases, the investor will get high financial returns that may reach up to 8% of the value of the property according to its location and the brand rented to it.
Shops within Residential Complexes or Small Markets
Where the investor can buy a property for housing and another for work and investment in one place, most residential complexes provide shops and stores for sale within the complexes and on their outskirts, and the investor can also buy a shop here and operate it himself or hand it over to one of the famous Turkish commercial brands such as Bim and Migros and Carrefour and others also and get high financial returns.
Commercial Shops for Sale in Istanbul
Istanbul is one of the most distinguished cities in the field of real estate investment. It has become a destination for Arab and foreign investors alike from all over the world. Today, we are talking about one of the best types of real estate investment in Turkey, which is investing in shops for sale in Istanbul.
Standalone Commercial Shops
These are found within regular buildings outside the complexes and within old or new neighborhoods. The financial returns within these shops are normal due to their relatively low price and low demand.
Criteria for Choosing a Property Location
Before buying a commercial property, we must know the basic criteria for choosing the location of the desired property:
The Area
It is preferable to buy the shop in an area crowded with residents, and that it be a vital area where pedestrians abound. It is also preferable that it be within a commercial market and close to hotels and vital centers in the city and main roads. Of course, the choice and preference of the area vary according to the activity to be carried out within the shop, so you must choose an area that suits the nature of the work in order to get the best desired results.
Main Transport Services
The transport services in Istanbul are the main nerve that drives work in the big city, so you should choose the property closest to the services of the main transport means such as the metro and metrobus and other means, especially if the nature of the work requires a lot of travel to and from the commercial shop, or if the commercial activity requires customers to come to the shop as well, this requires the presence of transport means to facilitate going and returning.
Service Institutions
One of the most important factors in choosing a commercial shop is the presence of service institutions nearby and widely, such as the availability of medical, entertainment, and educational centers. This brings success to the project and the activity to be carried out within the property.
Internal Facilities
The presence of internal social facilities within the project to be purchased is also important, in addition to the infrastructure of the building. These facilities include a security system for the facility that operates around the clock, which brings reassurance and tranquility to investors, and also the presence of modern services in technological ways that keep pace with the era to facilitate matters and arrange work.
Conclusion
Certainly, one of the most important things before buying a property is to make sure of the commercial property license and its legal matters to be 100% correct, and to make sure of the real value of the property. All these matters can be verified through Damas Real Estate Group with its long experience and the real estate consultations it has provided and still provides to its valued customers throughout the year.