As Turkey’s financial and economic centre, Istanbul offers a wide range of commercial real estate for investment. Our portfolio ranges from commercial property in Istanbul like restaurants, retail outlets, shops, to buildings that can be renovated into mixed commercial and residential purposes. As in every business opportunity, we assist our clients with not only sourcing commercial properties but also with necessary due diligence and analysis before a purchase decision is made.
Why invest in commercial properties in Istanbul?
Real estate investors look to Istanbul because the potential for stable rental returns and capital growth is seen on every corner and street. Emerging areas are also in the spotlight as the city spreads into outskirt districts and these offer exceptional prices, especially when compared with central regions like Beyoglu and Fatih. Additionally, some businesses for sale pass the threshold entry-level to apply to Turkey’s citizenship by investment scheme, of which we can supply more details about for any looking at this avenue.
Where to buy businesses in Istanbul?
Many destinations stand out on the Istanbul commercial market. We can source property in any area you want to invest in. At the moment, with mass development taking place to modernise and upgrade its real estate market, the European side is often seen as a place to watch for future growth. This is because this sector of the market is still in its infancy hence offers much potential for capital appreciation.
Current areas standing out include Mecidiyekoy, Arnavutkoy, Bakir, Sisli, Avcilar, Kadikoy, Basaksehir, Maltepe, and Esenyurt. Much reason for their popularity is a high level of commercial and residential passing trade, hence maximising the lure for potential renters. Additionally, many current listings of shops and offices for sale also include existing contracts ranging from five to ten years; therefore, buyers generate rental income straight away.
Buying commercial property in Istanbul
Purchasing commercial real estate is most often a more complex acquisition than buying residential property. Istanbul is no exception. One needs to analyse profitability, return on investment and ensure that the case for investment is viable.
Property Turkey is one of those rare real estate companies that will stand by you and assist you. Our years of experience, in Istanbul’s real estate market and across Turkey, help us to spot forthcoming trends, mass potential for capital appreciation, and high rental yields. Our local knowledge also keeps in touch with emerging areas with a promising future outlook.
Call us to discuss your budget and requirements then we can advise you about suitable commercial properties in Istanbul.