Feb 5, 2023

Istanbul Properties: Features of Residential Complexes

In light of the rapid urban transformations and development of the Istanbul properties market, residential complexes have come to play a vital role in shaping the city’s real estate landscape and meeting the needs of Turkish and foreign residents and investors alike. Residential complexes combine comfort and modern technologies to provide a complete residential experience for their residents. They are not just a type of Istanbul properties, but rather lively communities that include luxurious facilities, diverse green and charming natural spaces, and integrated services that amenities for residents.

In this article, we will talk about Istanbul properties, specifically residential complexes, reviewing its advantages and its impact on the lifestyle in the city of two continents and investment in this country that combines rich history and modern civilization.

Residential complexes in Istanbul

Residential complexes consist of a group of Istanbul properties surrounded by a fence and has security and guard gates, and all the services you need as a resident are available. The type of services provided in residential complexes varies according to the price of real estate in the complex and the company executing the housing project. There are complexes consisting of apartments only and other complexes consisting of only villas, and there are complexes mixed between types of apartments and villas.

Residential complexes abound in Istanbul properties with a sophisticated and modern structure. They are characterized by their modern systems and many facilities that create a safe and elegant environment in which living is a pleasure in itself.

They are distributed more on the outskirts than in the city center, such as Basaksehir, Esenyurt, Eyup, Halkali, Beylikduzu and Bahcesehir in the European part of the city, Kadikoy and Baghdad Avenue in the Asian part of it and other large and modern areas of the city.

Residential complexes in Istanbul properties are the ideal choice for housing or investment because of the features available in them such as surveillance cameras, security and other services that meet and take into account the different needs of the family. Real estate experts show that the best real estate investment in Istanbul is within the residential complexes, which many investors have been seeking recently, because the property located within a residential complex is more profitable and easier to sell when there is an increased desire to acquire this type of apartments.

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Types Istanbul properties within residential complexes:

Istanbul properties located within residential complexes varies between different types and patterns, including:

Regular apartments: These are not different from the apartments in an ordinary building, and of course they have different views and spaces.
Duplex apartments: These are two-storey apartments that are more suitable for large families and luxury lovers.
Penthouses: These apartments are located on the last floors of the residential complex and feature a charming view and a private pool.
Townhouse apartments: It is a villa within the complex that has a garden attached to it.

Advantages of living in residential complexes in Istanbul

There are employees and administrators in every building and residential complex whose tasks are to manage matters in the complex in the best possible way and secure everything that may be needed for the complex, in addition to the presence of guards and a security staff dedicated to protecting the complex. These things may be one of the most important reasons that attract and enhance the desire of the buyer or those who wish to reside in the residential complexes, as there are many people whose preoccupation is the feeling of safety, comfort and protection. This is one of the convenient things that enhances security for those who want to buy Istanbul properties.

As for the space, the space that the buyer aspires to cannot be found in the city centers, and if it is available, it is at very high prices. Therefore, the residential complexes are often in side and quiet areas, which affects the prices of apartments in Istanbul and makes them more suitable and cheaper than those in the city. Therefore, those who are looking for large residential spaces always see them resort to residential complexes, as they provide the required and spacious spaces within encouraging and low prices compared to the places of housing that are located in the city center. The presence of the complexes in the side areas means more peace and comfort, and living in Istanbul properties away from the noise and annoying crowding of the city.

Residential complexes are no less important in case being far from the city center, as they are often reached by the means of public transportation that connect them to the vital centers of the city.

As for investors who operate their capital in the various fields and types of real estate investment, they find their desire to invest in Istanbul properties within residential complexes; Because it is often close to modern commercial complexes, where various shops and halls are available for various investment areas.

Yet, those who invest in Istanbul properties with the aim of renting, investing in Istanbul properties within residential complexes is a good option because this type of apartments are in great demand, and because the value of renting houses in the complexes is constantly rising, even if it is far from the city center.

In terms of tourism, some tourists want to rent houses within the complexes; Due to the availability of the safety factor and the presence of important service facilities, especially furnished Istanbul properties, which supports the option of investing in apartments within the residential complexes for the purpose of renting them.

Worth to be mentioned, in Istanbul residential complexes, there are often various offers for buying apartments in installments and with multiple options. As for the recreational facilities in the residential complexes in Istanbul, the complexes contain private gyms, as well as special playgrounds for playing football, silo and tennis. There are also green spaces for children to play and gardens suitable for picnics and spending time with the family. There are also indoor and outdoor swimming pools, and we cannot forget restaurants, cafes and fast food shops ready to meet your requests whenever you need that.

Disadvantages of living in residential complexes in Istanbul

Despite the many benefits that Istanbul properties within residential complexes offer, there are some disadvantages that residents may face. Among these disadvantages, the issue of cost and price comes to the fore. Prices for Istanbul properties within residential complexes can sometimes be higher compared to Istanbul properties outside the complexes, which may pose a challenge for individuals with limited budgets.

Moreover, there can be some restrictions on the freedom of customization and modification of the residential unit within these complexes, which may reduce the ability of residents to customize their private residential spaces according to their specific needs.

It should also be noted that there are monthly revenues for Istanbul properties located within residential complexes in exchange for all existing services. Although these revenues may constitute monthly expenses for the property owner, they are considered minor compared to real estate revenues in residential complexes in the Gulf countries, for example.

These disadvantages indicate the importance of carefully studying all aspects of the decision to buy Istanbul properties before making it, to ensure that the expectations and needs of the property owner are comprehensively met.

If you would like to know more about real estate investment in Istanbul, do not hesitate to contact us via WhatsApp, here. Our real estate consultant will contact you as soon as possible.

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