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Offices for Sale in Istanbul

Zin D Zer project
For Sale Properties

CCT 336 – Zin D Zer

$ 69.000
CCT 336: Zin D Zer project has 115 flats in the project, 42 offices, and 73 shops. A new life full of peace and joy [more]
CCT 336: Zin D Zer project has 115 flats in the project, 42 offices, and 73 shops. A new life full of peace and joy [more]
Orhan Aksoy
Mesa Koz project
For Sale Properties

CCT 332 – Mesa Koz Project

$ 130.000
CCT 332: Mesa Koz is a modern real estate project which is rising in Kadikoy. The project is drawing attention by i [more]
CCT 332: Mesa Koz is a modern real estate project which is rising in Kadikoy. The project is drawing attention by i [more]

CCT 321 – Fortis Sinanlı Kadikoy Proje...

$ 120.000
CCT 321: Fortis Sinanli Kadikoy residence is rising in Kadikoy. The project is aiming to merge the family lifestyle [more]
CCT 321: Fortis Sinanli Kadikoy residence is rising in Kadikoy. The project is aiming to merge the family lifestyle [more]

CCT 318 – Sinpas Finans Sehir Project

$ 115.000
CCT 318: Sinpas Finans Sehir is the greatest family and commercial compound which is rising in Atasehir, the Asian [more]
CCT 318: Sinpas Finans Sehir is the greatest family and commercial compound which is rising in Atasehir, the Asian [more]
CCT 278 project
For Sale Properties

CCT 278 – Karat 34 Project

$ 122.000
CCT 278: Karat 34 project was built right on the Basin Ekspres Road close to Istanbul old airport. It consists of a [more]
CCT 278: Karat 34 project was built right on the Basin Ekspres Road close to Istanbul old airport. It consists of a [more]
Overlooking The Sea in Atakoy
For Sale Properties
Sea View

CCT 229 – Yali Atakoy Istanbul Project

$ 325.000
CCT 229: Yali Atakoy project is located in the Atakoy district of Istanbul. Both local and foreign investors are ve [more]
CCT 229: Yali Atakoy project is located in the Atakoy district of Istanbul. Both local and foreign investors are ve [more]
CCT-248-Vadi-Park
For Sale Properties

CCT 248 – Vadistanbul Project

$ 529.000
CCT 248: Vadistanbul has been built up in Seyrantepe is seen by the authorities as one of the most elegant resident [more]
CCT 248: Vadistanbul has been built up in Seyrantepe is seen by the authorities as one of the most elegant resident [more]
For Sale Properties

CCT 247 – Vadi Koru Project

$ 141.000
CCT 247: Vadi Koru project is located right in the center of Maslak known as the district where numerous headquarte [more]
CCT 247: Vadi Koru project is located right in the center of Maslak known as the district where numerous headquarte [more]
Resale Properties

CCT 246 – Porta Vadi Project

$ 228.000
CCT 246: Porta Vadi project rises up in one of the most central and active parts of the city with affordable prices [more]
CCT 246: Porta Vadi project rises up in one of the most central and active parts of the city with affordable prices [more]
CCT 178 Halkali Property Photo
Resale Properties

CCT 178 – Serenity Plus Project

$ 93.000
CCT 178: Serenity Plus project is at pre-sales stage in Halkali area. You have the chance to buy your investment pr [more]
CCT 178: Serenity Plus project is at pre-sales stage in Halkali area. You have the chance to buy your investment pr [more]
project in syrantepe photo
Resale Properties

CCT 152 – Skyland Istanbul Project

$ 173.000
CCT 152: Skyland Istanbul project is designed as a Residence, Office, Hotel, and Shopping Mall, combines many featu [more]
CCT 152: Skyland Istanbul project is designed as a Residence, Office, Hotel, and Shopping Mall, combines many featu [more]
on going commercial project in atakoy image
Resale Properties

CCT 147 – Atakoy Towers Istanbul Proje...

$ 390.000
CCT 147: Atakoy Towers is a prime location for an office building in the heart of the city. The project is located [more]
CCT 147: Atakoy Towers is a prime location for an office building in the heart of the city. The project is located [more]
Halkali Residence Sale
Resale Properties

CCT 105 – Dumankaya Miks Project

$ 82.000
CCT 105: Dumankaya Miks is supported by the government, this development can be seen as a risk-free investment. The [more]
CCT 105: Dumankaya Miks is supported by the government, this development can be seen as a risk-free investment. The [more]

What Should You Know Before Buying an Office in Istanbul?

Buying offices in Istanbul is one of the ideal alternatives for investors who are interested in getting remarkable and stable returns on their investments. Istanbul is a huge city and it is developing rapidly, investing in these commercial units will grant not only high income but also massive value appreciation within a short period, especially when buying the office in a strategic location. Istanbul is considered to be the industrial capital of Turkey and it has many huge business centers. Demand for offices is increasing dramatically all around the city due to its fast development. Nowadays, offices can also be found in new stylish compounds, the demand for offices located in compounds is increasing, as compounds provide more social facilities, services, and 24/7 security.

How are the Average Prices for Offices in Istanbul?

Prices for offices can differ from 1000 USD/m2 to 10000 USD/m2. The reason for this wide range is mainly the location of the offices in the first place. Offices located in the city center are more expensive in comparison with those located in the suburbs. The age of the office and the quality of the construction also play their role in defining the prices, but the location is considered to be the most important factor among others. Prices for offices in the newly developing business centers such as Basin Ekspres area are quite reasonable and have a very bright future in terms of value appreciation.

What are the Differences of Buying an Office Compared to an Apartment in Istanbul?

  • The most important difference is that apartments are considered to be residential properties, but offices are commercial properties.
  • Investing in offices as commercial properties require a higher initial coast, but it provides way higher returns compared to renting apartments.
  • Renting offices is considered to be a more stable investment compared to renting apartments, offices have longer rental contracts as they are related to businesses and companies not individuals. These businesses and companies are way less likely to be behind their rent.
  • A special tax 25% of the yearly rent called (Stopaj) is being paid by the tenant to the government. This amount is being deducted when calculating the investor’s income tax, thus almost no income tax will be paid by the investor when renting an office.
  • Offices gain value appreciation faster than residential apartments due to higher demand.

Where Can You Find Offices for Sale in Istanbul?

Offices can be found nearly everywhere around Istanbul, but they are concentrated in Istanbul’s business centers which are mainly in the center of the city where old business districts exist and new developing areas of the city where new real estate developments take place.

Center of the City

Business centers located in central areas such as Levent and Maslak. Offices located in these areas are considered to be the most expensive offices due to their prime location and high construction quality. For years, Levent has been in the main commercial center of Istanbul where Isbank Towers, Sabanci Holding Towers, Garanti Bank and Yapi Kredi Bank towers had been standing. Maslak became also afterwards for the last 10 years a major business district as many commercial towers were built in the region and many companies shifted their business to this area.

New Developing Areas

Business centers in the suburb developing areas such as Basin Ekspres. Offices located in these areas are cheaper compared to the city center and have higher potentials for value appreciation. Properties in the suburbs gain value appreciation rapidly compared to those located in the city center. Atasehir will also become a big commercial business center in Istanbul in future years as very big construction projects are being built in that area with the support of the government. Several banks in Turkey will move their headquarters to Atasehir once the area is ready.

How Can You Buy the Most Profitable Office in Istanbul?

  1. Try to specify the reason for buying an office. If this purchase is for personal business, specify the suitable sizes for the required office. If it is pure investment try to specify the available budget. This will help you avoiding limitless alternatives all around the city, and focusing on suitable options.
  2. Even if you can buy offices in the city center, try to go for developing areas, as they will grant you higher value appreciation within a shorter period.
  3. Prioritize offices located in compounds, due to their competitive advantages and they are easier to be rented out.
  4. Try to go for offices with local managing partners or, offices that are already rented. This will save you the time and effort related to managing and renting these offices.
  5. Always research the developers, their construction history, reputation and the quality of their constructions.
  6. Always check the attached fees, such as management fees, maintenance fees, and title deed fees. You need to put these fees into account to avoid any surprises in the future.

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