for several reasons, as these properties offer a combination of features that make them attractive for both investment and personal use:
1+1 apartments are generally more affordable compared to larger units. This makes them accessible to a broader range of investors, including first-time buyers and those seeking budget-friendly investment options.
The smaller size of 1+1 apartments makes them easier to rent out. They attract singles, young professionals, and couples, representing a significant tenant demographic in urban areas.
Due to the high demand for smaller apartments, investors may benefit from a favorable rental yield. The consistent demand can lead to a steady stream of rental income.
Maintenance costs for 1+1 apartments are generally lower compared to larger properties. This can be advantageous for investors looking to minimize ongoing expenses.
1+1 apartments are often located in urban or suburban areas, providing residents with convenient access to amenities, public transportation, entertainment, and employment opportunities.
The size and appeal of 1+1 apartments make them suitable for short-term rentals, such as through platforms like Airbnb. This flexibility can be advantageous for investors looking to explore various rental strategies.
For individuals entering the real estate market or those seeking to diversify their investment portfolio, 1+1 apartments offer a manageable entry point due to their relatively lower upfront costs.
Modern urban living trends indicate a rising demand for smaller, more efficient living spaces. 1+1 apartments align with this trend, making them attractive to a contemporary and dynamic demographic.
Proximity to universities and educational institutions can make 1+1 apartments appealing for students, contributing to the potential rental demand in areas with a student population.
In dynamic and growing real estate markets like Istanbul, 1+1 apartments may experience capital appreciation over time, providing investors with potential long-term gains.
Investors may be drawn to areas with ongoing or planned urban development and improved infrastructure. Such developments can positively impact property values in the long run.
Including 1+1 apartments in an investment portfolio can be a diversification strategy, spreading risk across different types of properties and catering to diverse tenant demographics.
Istanbul's status as a global city with historical significance, cultural richness, and economic growth attracts both local and international investors seeking real estate opportunities.
Features of 1+1 apartment (one bedroom and a separate living area) for sale in Istanbul can vary based on the specific property, development, and location.
However, here are common features that you might find in 1+1 apartment for sale in Istanbul:
A separate living area that serves as a space for relaxation, entertainment, and socializing.
One bedroom provides a private sleeping space.
At least one bathroom, and some 1+1 flats may have an en-suite bathroom in the bedroom.
A functional kitchen equipped with essential appliances and storage space.
Some flats may feature a balcony or terrace, providing outdoor space and, in some cases, scenic views of the surroundings.
Built-in storage solutions, such as closets or wardrobes in the bedroom, providing practical solutions for organizing belongings.
Quality flooring materials, which may include tiles, hardwood, or laminate flooring, depending on the design and style of the flat.
Security features such as secure entry systems, surveillance cameras, and, if applicable, security personnel in the building or complex.
Central heating and cooling systems or individual heating and air conditioning units to provide climate control.
Modern and contemporary finishes in terms of fixtures, fittings, and interior design, providing a stylish and updated living space.
Energy-efficient windows and insulation to enhance energy efficiency and reduce utility costs.
Access to communal amenities within the building or complex, which might include parking facilities, security, gyms, swimming pools, gardens, play areas, or meeting spaces.
Parking spaces, either in an underground garage or designated parking areas, depending on the property.
Convenient access to local amenities such as schools, shopping centers, public transportation, and recreational areas.
In some modern developments, you may find smart home features such as home automation systems, allowing residents to control lighting, security, and other aspects remotely.
Provision for high-speed internet connectivity to meet the modern communication and work-from-home needs of residents.
Access to fitness facilities or gyms within the building or complex.
Depending on the location and design, 1+1 flats may offer urban views or scenic surroundings.
It's essential to note that the specific features can vary, and prospective buyers should carefully review property listings, visit showrooms, and consult with real estate professionals to get detailed information about the features of specific 1+1 apartment for sale in Istanbul.