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Bomonti Residences

Being  part of the Sisli neighbourhood, Bomonti is best known as being one of the first light industrial zones in Istanbul, and was later home for the brewery, the first one of the Ottoman Empire, which takes it’s name.

Following the construction of the Bosphorous Bridge, during the 1970’s, urban accessibility was improved and gradually the factories closed and the area became a dead zone.  Recently however, the area has been the subject of mass transformation, due to the central location within Istanbul and high land prices, and is now an area of large scale multi-storey projects. 

If you are looking for a family home, whether for your family or for tenants, which is close to the commercial centre of Istanbul and without the need to engage in a daily commute, then Bomonti Residence is undoubtedly your first choice.  With a mix of housing units, shops, offices and a 5 Star hotel, this stunning new development has everything you need for modern living.  Contemporary innovations, coupled with elegant features combine to present apartments that are just waiting for you to add your own personal touch.

International schools, hospitals and close proximity to the Bosphorous are just a few reasons why Bomonti Residence is a great choice – and being just a short distance from the shopping areas of Sisli and Nisantasi, together with a rise in entertainment venues in Bomonti itself, means that properties here are in great demand.  Finally, the central location means that transport infrastructure brings the whole of Istanbul within easy reach.

You should check out the link soon to see for yourself what living in Bomonti could mean for you and your family




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Why is Turkey a good choice for Real Estate Investment?

You may have heard about, or read in the press, that Turkey is one of the upcoming countries in the world, when it comes to investing in Real Estate, but you may not know why…so here are a few reasons why you should consider this unique country – a fusion of the mysterious East and the cosmopolitan West, when you are planning your next property purchase.


As of October 2020, there are not many countries in the world which haven’t been adversely affected by the current Coronavirus Pandemic – but Turkey has been classed as the 3rd least affected, according to the OECD.  As a result of this OECD classification, Turkey has recently launched new infrastructure projects, such as new hospitals and schools, together with a 330 Km long highway, linking the Marmara, Black Sea and Mediterranean regions, which is planned to open in time to coincide with the country’s Centennial celebrations in 2023.  Positive signs of the confidence in Turkey’s economic growth – currently Turkey has one of the fastest growing economies in the world with an average GDP growth rate of 5.5%


Turkey’s unique and strategic location has created an efficient and cost-effective hub to major markets giving easy access to 1.5 billion people and a combined market worth of USD 24 trillion GDP in Europe, MENA, and Central Asia within a 4-hour flight radius.  This has attracted worldwide names such as Toyota, Ford, Nestle and Hugo Boss, all of whom have chosen Turkey as a hub for manufacturing, export and management.  Such investment creates employment for the increasing number of young, well-educated citizens of Turkey, a result of the rapid expansion in the number of universities in Turkey, creating a dynamic and educated workforce.


Despite the Covid pandemic, Turkey’s property market continues to boom, with more than 41,000 new properties being sold in Turkey during September 2020 – 5,269 of which were sold to foreigners.  Around 8,000 new properties were sold in Istanbul, the main city for buy-to-let investors in Turkey.  (Around ¼ of these properties were bought by foreign investors)  Iranian investors accounted for the highest number of property sales to foreigners in Turkey during September 2020, closely followed by Iraqis and Russians.  Other foreign investors came from United Kingdom, Germany, United States, and China and other countries.

Buying property in Turkey is a very quick and straightforward process and is available to citizens of 129 countries.  There is no Capital Gains Tax in Turkey if you keep your property for 5 years and foreign buyers are also exempt from VAT on a first home purchase, when buying with foreign currency.


The country’s Citizenship by Investment programme is proving hugely popular. At the time of writing, 2843 people from 76 different countries, the majority of which are from China, have accquired property in 29 different Turkish provinces to become Turkish citizens.  A Turkish passport gives visa-free travel to 111 countries

As one of the world’s favourite holiday destinations, with almost 52 million people visited Turkey during 2019 – an increase in income of 17%, and worth more than $34.5 billion. Many visitors enchanted by the beauty, the lifestyle and the economic attractions of Turkey account for a large percentage of property sales.



  1. Thanks to a high GDP, stable inflation, a growing middle-class sector and a young, property-hungry population, investor confidence in Turkey is at an all-time high.


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Why Invest in …….?

Investing in Istanbul Real Estate is one of the best decisions you can make.  Due to the central and unique location of Istanbul, the history, the cosmopolitan nature of this vibrant and much sought after city, owning a property here is a guaranteed investment success.  However, thereafter comes a dilemma – in which area of Istanbul should you buy?

It’s a well known and often repeated fact that Istanbul straddles two continents – Europe and Asia, and is therefore one of the most popular cities to visit.  It is a lesser known fact though that Istanbul is actually known as Istanbul Province, and comprises 39  neighbourhoods, each with it’s own local government, and complete with necessary facilities such as housing, infrastructure, schools, hospitals, shopping malls.

Why Invest in …….Sisli is one of the 39 districts of Istanbul.  Located on the European side of the city and covering around 35Km2, it is bordered by Besiktas to the east, Sariyer to the north, Eyup and Kagithane to the west and Beyoglu to the south.

Developed as a middle-class centre during the Ottoman period, Sisli boasts wide avenues with large buildings and was home to Armenians, Jews and Greeks (and a few Turks).  Following the founding of the Turkish Republic in 1923 the area became a favourite of poets and writers and Sisli acquired theatres and cafes.  The Hilton Bosphorous Istanbul was built here in the 1950s, the first Hilton outside of USA, and was quickly followed by other presitigious hotel chains.

Nowadays the elite of Istanbul have moved further out of the city and their large homes have become banks, offices and large retail units.  Sinc the 1970s a period of renovation has taken place and most of the grand buildings have been demolished, to be replaced by modern high rise apartment blocks.  Sisli is known as a centre for shopping, and Europe’s biggest (and the world’s second largest) shopping mall Cevahir, is situated here.  The charming area of Nisantasi is known as the home for high fashion in Istanbul, and you can find many designer studios within the narrow back streets.

Şişli also has a reputation for education with some well-known high schools and a great number of dersane (preparatory courses for the annual university entrance exams), evening and weekend schools where people come to cram for university or high school entrance examinations, or to learn English.

Due to it’s central location Sisli is once again known as an up and coming area of Istanbul, and residential properties here are at a premium.  We are proud to present a number of exquisite apartments in this desirable location, complete with every modern facility and amenity for your family.



Why Invest in …….Bomonti?

Being  part of the Sisli neighbourhood, Bomonti is best known as being one of the first light industrial zones in Istanbul, and was later home for the brewery, the first one of the Ottoman Empire, which takes it’s name.

Following the construction of the Bosphorous Bridge, during the 1970’s, urban accessibility was improved and gradually the factories closed and the area became a dead zone.  Recently however, the area has been the subject of mass transformation, due to the central location within Istanbul and high land prices, and is now an area of large scale multi-storey projects.

Modern tower blocks offer stunning views of this amazing city, and being just a short distance from the shopping areas of Sisli, together with a rise in entertainment venues in Bomonti itself, properties here are in great demand.

Why Invest in …….Kagithane

Kagithane is formerly a working class district, covering an area of 14.52km2 on the European side of Istanbul, which has recently become one of the largest real estate development areas of the city.  The area takes it’s name from the former paper factories and flour mills which were prominent in the area.

Nowadays, following the introduction of new intra-city networks and urban regeneration plans, Kagithane is transforming into one of the smartest addresses in Istanbul.  New developments include a wide range of mixed use, shopping mall, hotel, campus, office and residential units.  One of the most prominent buildings in the area is Istanbul Sapphire, boasting 54 floors and rising 238 metres, Sapphire was once the tallest building in the city, and the 4th tallest building in Europe.

Why Invest in …….Esenyurt

On the European side of Istanbul, Esenyurt is a ‘new’ area of Istanbul, with lots of recent development.  Bordered by Kucukcekmece Lake on the east, Buyukcekmece to the west, Arnavutkoy and the new Istanbul airport to the north and the major E5 highway to the south, Esenyurt is becoming a favourite residence amongst Istanbulites.

Esenyurt is a developed area, with good infrastructure and transport links – the new Istanbul airport is just over 40 Km from Esenyurt.  There are four new cultural centres and four new parks in Esenyurt which add to the impressive list of facilities in the area such as shopping malls, hospitals and health facilities, Universities, conference centres, nature park and other leisure activities.

Due to land prices in the area, property here is quite affordable and it is possible to buy a brand new, modern apartment for less than $50,000.


Why Invest in …….Maslak

Maslak is the main business area of Istanbul, located on the European side of the city and is home to Turkey’s Stock Exchange – Borsa Istanbul, and also the huge, green leafy Belgrad Forest.

Maslak gets it’s name from the water pools brought through channels from the Buyukdere River, but it is now known as Skyscraper Central, due to the proliferation of tower blocks, some of which offer tantaslising glimpses of the iconic Bosphorous Strait.

Maslak is quite close to the centre of Istanbul, with Taksim Square being just a few stops away by Metro, from where you can easily reach all parts of the city.  In the other direction, you can find the beaches of Kilyos or watch the fishing boats at the picturesque port of Sariyer, and hardly believe you are in Istanbul at all.  The new Istanbul airport is easily reached via the new D020 road and is approximately 34 Km away.

Due to the central location, and being close to many businesses, shopping and leisure outlets, apartments in Maslak is in great demand, and are thus perfect for investors looking for buy to let property.

Why Invest in …….Eyup

Eyup, or Eyupsultan, is a district of European Istanbul, on the shores of the Golden Horn, which takes it’s name from the magnificent and imposing Eyup Sultan Mosque.  There is a gondola ride, rising up from behind the mosque, up to the historial Pierre Loti Coffeehouse, named after the French writer who was a frequent visitor in the late 19th Century.  Being the highest point of European Istanbul, you can soak up the panoramic views of the Golden Horn, whilst enjoying a refreshing drink.

Being in a central Istanbul location, and having good infrastructure and transport links to the city, this is a favoured development area and property values are rising quickly.  Apartments here are proving popular with investors seeking entry level opportunities with scope for capital growth, and a steady income from tenants who prefer the easy commute into the city.  However, it is still possible to find a modern apartment, with good views, from as little as $65,000.




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Return On Your Investment in Istanbul

One question everyone asks, when thinking about investing in Istanbul, is ‘how much return can I expect to receive?” and so this article sets out to explain how real estate investment works, and how to get the best return on your investment.


First of all, there are two ways in which you can get a return on your property investment.  These are rental income and capital appreciation.  Such returns are generally tied in with the security of a country, therefore the safer the country (in terms of policital and financial stability) the lower the risk, thus the lower the income, compared to a more volatile country, where the risks may be higher, and thus returns too are higher.


It is thus important, when buying in Turkey, to recognise the stability and security of the country, which is classed as “an upper-middle income country, with an impressive economic and social development performance since 2000.” (*World Bank).


As most investment properties in Turkey are in Istanbul, we shall focus our attention there.  Over the past 5 years, house prices in Turkey have increased, on average, by around 15% annually, however new properties in Istanbul have increased by around 25% in the same period.

Properties in Istanbul generally offer more social and leisure facilities than those in traditional Turkish cities, which increase their rental income and resale value, coupled with ongoing Governmental capital investments such as new transport links, retail facilities, education and health establishments etc., all of which combine to increase property values.


Another factor to consider when buying property for investment is property size.  In Istanbul, families tend to be smaller, with many people living alone – having left their birth city for the improved life and employment opportunities Istanbul offers.  Property maintenance fees are calculated based on the size of a property, plus of course, running costs increase according to property size, thus we advise that you focus on 1 or 2 bedroom properties, when buying for investment.


When it comes to rental income, of course this can fluctuate enormously, depending on the quality of the property, facilities nearby etc, but we can say that, on average, rental income in Istanbul is around 6% of the property price, per year.  In order to maximise your rental income, we advise that you should choose a project with proven highly sought-after properties.  Usually these can be close to a university or hospital, or similar, and almost always within a modern complex which offers leisure facilities, leading to a healthy and more relaxed lifestyle.


We can therefore conclude by saying that, in order to obtain the most return on your investment, you should make an informed choice, by having the most comprehensive and up to date information at hand and by dealing with a recognised Property Specialist who has a unique relationship with proven builders and who are able to guarantee the best price.  Choose wisely – choose UD Turkey!

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How to plan your Real Estate Investment in Turkey

Once you have decided that Turkey is right for your next investment, you will have many questions regarding the how’s, the when’s, the where’s and the what if’s, so this information will help you to understand the process and the timescales when you buy property in Turkey.


As an investor you will know that planning is key to success.  And the more information you have at your disposal, the easier it will be to make an informed decision….  Buying in any foreign country is always worrying, but even more so when you do not understand what’s being said.  At UD Turkey we speak your language – our advisors are fluent in Turkish, English, Arabic, Russian and French.


Your first decision will be “Where in Turkey” you want to buy.  The answer to this question depends on the reason for your purchase.  As a lifestyle investor, you may want to find the best property for your family to enjoy their time in Turkey, whether that will be for permanent, year-round living, or simply a vacation home..  however, as an investor, only the numbers are important.  You will want to find the property which will give you the best return on your investment, in terms of rental income and capital appreciation.


As a vast country, there are many areas of Turkey which may suit your needs, and as you begin your search, you may discover that what you had previously thought was the best location for you, is not the case.


UD Turkey is unique in that we can help you with your search in ALL areas of Turkey, so you can deal with the same company whether you are buying in Beautiful Bodrum or Incredible Istanbul!  We work with the best developers around the country and can thus offer you advice and support regarding the best area for your purposes.

Once you have decided on your preferred area, you need to find the right property at the best price.  Due to our special relationship with builders we can guarantee the best prices on the market, as you are dealing direct with the developer.  We will send you details of several different property options, within your chosen area and price range, so that you can make an informed decision, before you even visit Turkey.


Your next step will be to see the area of your choice in person.  Again UD Turkey can help you to make the arrangements and will suggest quality hotels, so that you are ready to see the properties after a good rest.  We will be with you as you inspect the properties you have already pre-selected, to act as translator and to answer all of your questions.


Once you have decided on your property, we will assist you with the buying process, introducing you to qualified and trusted solicitors, help you to open a Turkish bank account and arrange Power of Attorney so that we may continue to complete the purchase on your behalf, after you have returned to your country.


UD Turkey’s Legal, Aftersales & Property Management teams will continue to work with you, and for you, to find tenants for your property (if required), to enable you to start receiving income from your investment.


So you can see, that buying a property in Turkey is an easy and streamlined process, when you work with a qualified, experienced and dedicated team of Property Specialists.



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How UDTURKEY works and how we can help foreign investors in Turkey?

UDTurkey (United Developers of Turkey) is a unique concept and Turkey’s only real estate portal for International buyers.


Working as a joint venture, in partnership with the most established and respected builders in Turkey, we strive to offer the best investment options to foreign buyers.  Our aim is to create a direct sales channel between developers and investors and, due to our unique arrangement, we can guarantee the best prices in the market without any hidden agenda or cost implications.


Investors can buy with confidence, direct from the leading developers, in the most preferred and beautiful parts of Turkey.  From Istanbul to Izmir, from Bursa to Bodrum, from Ankara to Antalya – and all places in between.  We provide real property names and locations so it’s never been easier to find your ideal property in your preferred location!

We offer a direct communication channel between customers and construction companies, and are always on hand to offer assistance, advice and support to both parties.


Whether you are looking for a commercial enterprise in Istanbul or a family holiday home in Antalya, UDTurkey is your one-stop shop.  If you are planning to buy a property in Turkey in order to apply for Turkish Citizenship our dedicated legal team and property advisors can help you every step of the way.

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Turkish Citizenship by Real Estate Investment

Following the relaxation of the Citizenship by Investment law in Turkey in December 2018, many investors are taking advantage of the fact that, for an investment of just $250,000 they, their spouse and dependent children can obtain Turkish Citizenship and a Turkish passport.


The Turkish passport is ranked 22nd in the world and offers visa-free travel to 47 countries.  In addition, entry to a further 41 countries is permitted with visa-on-arrival.  Such countries include:  Qatar, Tunisia, Jordan, Iraq, Morocco, Japan, South Korea, Malaysia, Singapore, Hong Kong, Indonesia, Brazil, Argentina, Belarus, Bosnia and Herzegovina, Brunei Sultanate, Chile, Colombia, Ecuador, El Salvador, Georgia, Paraguay, Serbia, South Africa, Thailand, Turkish Republic of Northern Cyprus, Ukraine and Uruguay.


One of the ways you can apply for Turkish citizenship as an investor is to buy property/ properties to the combined value of $250,000, with the proviso that the property will not be sold within 3 years.  Once the sale has been concluded a Certificate of Eligibility will be issued to the property owner.


There are other ways in which you can apply for citizenship, without owning property (such as making a minimum investment of $500,000; creating jobs for at least 50 Turkish citizens; buying at least $500,000 worth of Turkish Government bonds etc), but buying property, whether residential or commercial, is the route most preferred by foreign investors.

Once the Certificate of Eligibility has been issued, the foreign citizen must then apply for a Residence Permit before later submitting an application for Turkish Citizenship.  The procedure for acquiring citizenship goes through several stages, and concludes when the application has been passed by the Turkish Presidential office.


Investors may wonder about the benefits of Turkish citizenship.  The most obvious is the ease of access to over 80 countries, including the Schengen states of Europe (for which a visa is required, but easily obtained), but being a Turkish citizen also offers many other benefits such as free education, access to excellent health facilities, life in a safe and beautiful environment etc.


Obtaining a passport in a foreign country sounds quite difficult and could be a daunting prospect for some, however Turesta’s professional legal team and property advisors, who are knowledgable in all matters related to real estate and the Citizenship application, will make the process very easy.



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Must see Places in Istanbul

Istanbul, founded around 1000 BC, has been a home to various empires. It is located both Europe and Asia, so it is a bridge of two cultures. It named as Constantinople in Byzantine times, before the Ottoman conquest. Then it named as Istanbul, after the Turkish Republic. So, Istanbul has hundreds of must see places, with it’s glorious and long history. Therefore, we tried to inform you about some of them briefly.

Hagia Sophia

The Hagia Sophia in Istanbul, Turkey, is an immense architectural marvel that was originally built about 1,500 years ago. Firstly, Hagia Sopia is built as a Christian basilica. Besides, it is a long-lasting emblem of the cosmopolitan city, much like the Eiffel Tower in Paris or the Parthenon in Athens. Over the centuries after, though, its role has changed several times. However, back in that time, Hagia Sofia was the biggest church that ever built.

Subsequently, Fatih Sultan Mehmed converted Hagia Sophia into a mosque after the victory in 1453. After Turkish Republic, Mustafa Kemal Ataturk converted it to a museum. Therefore, it can be the most popular attraction of must see places for tourists in Istanbul.

Currently, Hagia Sophia is a museum. Consequently, visiting hours are 09:00-17:00 with the last 16:00 entry time at winter period and the summer schedule visitor hours are 09:00-19:00 with the last 18:00 entry time.

More info:

Hagia Sofia, the most popular of must see places

Topkapi Palace

Moreover, another important historic place in Istanbul is the Topkapi Palace. Firstly, the palace was an Ottoman sultan’s home, the state’s bureaucratic and academic center. After that, On April 3, 1924, after the overthrow of the Ottoman empire, it was turned into a museum by order of Mustafa Kemal Ataturk.

It still attracts attention hundreds of tourists as a museum today. Every day, except Tuesdays, the museum is open to visitors. Ticket office is closed at 16:00 in the inter-season. And it is closed at 18:00 during the summer season.

More info:

Topkapi Palace

Istanbul Archaeology Museums

Istanbul Archaeology Museums consist of three museums. Those are Archaeology Museum, Old Eastern Works Museum and lastly Enameled Kiosk Museum.

Istanbul Archeology Museums were opened to the public on 13 June 1891. Moreover, famous artist and museum director Osman Hamdi established it as Empire Museum at the end of the 19th century . Besides its importance as the “first Turkish museum”, one of the museum buildings has an importance and speciality that is built as a museum in the world. Today, with more than a million works belonging to different cultures, it still protects its exceptional place in the world’s largest museums.

More info:—archaeology-museum.html

Archaeology Museums

Dolmabahce Palace

The 31st Ottoman Sultan, Sultan Abdulmecid designed the Dolmabahce Palace. The palace attracts attention because of its magnificent architecture, history and because it is located on the Bosphorus shores. Besides, Dolmabahce Palace is near to a variety of Istanbul tourist attractions, including Taksim, Besiktas and Kabatas.

More info:

Dolmabahce Palace

Further, if you want to travel Istanbul untill satisfied, maybe you can consider to buy an estate and get a Turkish Citizenship.

Fore more information you can read this post of ours:

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Real Estate Market in Kucukcekmece

Kucukcekmece recently is one of the most popular real estate areas. Both domestic and global buyers, who are searching for an investment or house for living, are interested in properties in Kucukcekmece.


Kucukcekmece is located in European side of Istanbul. It is near to main highways such as Transit European Motorway (TEM-E80) and the D100 (E5). So, these offer a good connection between Asia and Europe. It is also located on Sirkeci to Europe’s railway network.


Kucukcekmece is Istanbul’s basis for ancient life. Because, studies conducted by many geologists and anthropologists has shown that the area has a pretty old history. Besides, anthropologists have even found evidence of prehistoric people living in the area.

Kucukcekmece enjoys a strategic location owing to its existence on the main road “Via Egnetia,” It links the Byzantine Empire with the Western territories and Europe. Because of its strategic location, it has been targeted by the Huns, the Bulgarians and the Crusaders within the history.

Most buildings in this region date back to Roman-Byzantine days. Because of that, geologists and anthropologists found the harbor system and the peninsula of the pier enclosed by a few kilometers of walls on the peninsula north of Kucukcekmece Lake.

For more information about its history:


Citizens are now exploring the 7-kilometer lakeshore to experience events such as show-grounds, jogging tracks, cafes, picnic areas, etc. The city has cultural centers where people are prepared for social events such as concerts, theatres, markets, and Ramadan evenings. Moreover, Kucukcekmece holds numerous farmers ‘ markets on different days of the week for fresh and organic fruit and vegetables.

Real Estate

If you’re looking for a new home or an investment, you can consider Kucukcekmece. Above all, it has a wide range of real estate choices with its twenty-one neighborhood. Besides, the area maintains high-quality real estate choices to fulfill the needs of buyers.

If you wonder why you should invest in Turkey, you can read this post of ours:

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Real Estate Market in Bakirkoy

Real estate market in Bakirkoy attracts attention of both domestic and foreign investors. The area is the first choice of owners of property who purchase for investment purposes. The area is in the west side of Istanbul(the European side) facing the Marmara Sea to the south, while the E-5 route passes through the north of the city.


Kucukcekmece was founded by Konstantin in 384 A.D. on Istanbul’s west side as a spot for a rural escape. In the area there are parts of several Rome and Byzantine sites. Several objects from the first Bronze Age in Ayamama Creek have also been discovered by archeologists. Different buildings constructed during the Suleyman the Magnificent era can be found on this peninsula, while the Carsi Mosque, which dates back to the 17th century, is the oldest building in the middle of Bakirkoy.

You can go to website of town for more information:

real estate in bakirkoy


Bakirkoy is near to many domestic and global companies and plays a vital role in Istanbul’s economy. There are presently 132 bank branches in the middle of Bakirkoy and its numerous communities as a significant hub for the banking sector. The district is also home to the World Trade Centre, which displays Turkish export products.


Bakirkoy is host to several performing activities centers including five local cultural centers and two personal cultural centers where there are public events such as concerts, theatres, festivals and sporting events every year.

real estate in bakirkoy

Real Estate

Bakirkoy’s fifteen neighbourhoods have a large variety of property options. Because of that, real estate in Bakirkoy is very alive these years. For various reasons, the district appeals to numerous investors.

If you wonder about investing in Turkey you can read this post of ours:

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