Professional property investments solutions Turkey: Initiatives implemented in the Think Tepe project include infrastructure development, including improving the road and public transportation network and providing modern water, sanitation and electricity facilities. The project is designed to improve the quality of life and provide comfortable and integrated services to local residents and visitors. In addition, the project includes the construction of business and commercial centers and entertainment and leisure areas. These facilities aim to enhance economic activity, provide job opportunities in the region, and create a vibrant and prosperous urban environment. Cultural and heritage elements are also included in the Tepe Thought project. Important historical and architectural sites in the area have been preserved and rehabilitated into tourist and cultural attractions. The project also seeks to promote culture and arts and provide spaces for cultural performances and events. Read more details at buy property in Turkey installment.
Sometimes, there are offers for commercial properties as a form of change without clarifying that this type of investment is suitable only in the long term. Furthermore, the continuous devaluation of the Turkish lira makes long-term lease contracts a diminishing source of investment, even if they start with attractive figures like 7%, they will end after five years with a return that does not exceed 2%. We do not recommend these types of investments, as there are certainly better options in the market. However, we must clarify the reality behind these presented offers. Sometimes, there are offers for pre-owned apartments or even villas at prices lower than the prices of new properties. These opportunities may be suitable only for those who seek permanent residence, and their percentage among foreigners who own properties in Turkey does not exceed 2%. As for investment, even if you furnish them anew and achieve an initially impressive return of 8%, this return will be eroded over time due to the depreciation of the Turkish lira against the dollar. The greater disaster is your inability to resell your property later when you want to end your investment.
Your positive and consistent response will motivate the expert real estate consultant to continue working with you to their fullest potential. On the other hand, your hesitation and showing of ambiguity may make this consultant feel that you are not interested, and as a result, they may lose communication with you. Consequently, you may lose out on professional real estate advice that you urgently need in a new market. Tips during the purchasing process: After studying the real estate market for a suitable period and gathering valuable information, whether in person or online, do not forget your primary goal. Do not hesitate when you come across an excellent investment opportunity because it may not be available in the future.
Choosing the right property from the beginning will make the process of renting it out easier and help you achieve the highest return on your investment. Selecting the right property from the beginning will make the process of reselling it and ending your investment when you want to much smoother. Having a specialized legal team is essential when dealing with the company to protect your investments in Turkey. A real estate agent who does not respond to your logical requirements as part of their after-sales services should not be relied upon for your next investment.
There are many real estate companies that are working to provide quality in all its services for those wishing to buy property in Turkey, which is working to strengthen the sources of information and you can inquire about these companies at the investment section of your embassy in Turkey to make sure that the company is good. Unfortunately, many people believe that there are cheap properties in Istanbul. This is not true. There are no cheap properties in Istanbul. We can call them lower quality properties. Many real estate companies that are interested in selling only are responsible for marketing this Illusion to its customers in order to increase sales only.
Whereas London is already one of the world’s premier cities, the Turkey 2023 vision plan aims to boost Istanbul to equal status, and this gives real estate investors the edge. In 2016, Barnes International also ranked Istanbul as the number one city for potential. Gone are the days, when we buy a house for life. Changing lifestyle habits as well as work and career commitments means selling a house is just as important as buying it. Studies say current generations will own an average of three different houses in the lifetime, hence buyers are also hedging their bets when it comes to selling and that is where the Istanbul real estate market steps up.
Turkey tourism is one of the top reasons to invest in Turkey. Compared to other attractions, Chora Church is out of the way but it’s worth the effort. A small Byzantine church converted to a mosque before being turned into a museum, it’s home to what many call the most stunning mosaics in Istanbul. Check out my post on Chora Church (Kariye Museum) in Istanbul for more pictures and information. Turkish cuisine is interesting. It’s colorful and nuanced and seems as diverse as the country’s landscape. Enjoy one meal at Ciya Sofrasi and you’ll see what I mean. We did all our own food research but in hindsight, I would have loved to go on a food tour. I think Turkish cuisine is best appreciated (and understood) with the guidance of a knowledgeable local. Culinary Backstreets can help you with that.
Let’s start immediately with the advantages of Right Home and talk about them in detail: The principle of work of real estate marketing companies in Istanbul is the well-known principle of mediation in any field of trade or services, where the broker is given a specific commission from the seller in the case that the deal is completed on the condition that the customer receives the same price without any increasing. Thus, if the customer decides to buy the property himself or with a real estate marketing company, the price will be the same, only the customer will lose the services of the marketing company before, during and after the sale, which is very important, especially if the customer is interested in obtaining Turkish citizenship. Find extra info on https://righthome.com.tr/.
What are the profit rates for real estate investors in Istanbul through Right Home? When our real estate consultant over the phone explains the areas of Istanbul, how to invest, the best projects in each area, and the best options in each project, the customer becomes aware of the investment mechanism and how to profit in the Turkish real estate market, and when the customer meets when he comes to Istanbul immediately with the sales representative of Right Home, he will immediately feel that every second of his time is being used correctly and only projects that are suitable for his request and that achieve high returns on investment are offered to him.
Right Home is a leading company specializing in real estate consultancy and brokerage. We help buyers to buy and sellers to sell. We provide luxury apartments, smart homes, elegantly designed offices, modern constructions and all consultancy services. Our head office located in Istanbul, Turkey. Our goal is to earn your trust and make sure you are comfortable with the process of buying a home in Turkey from start to finish. For a closer look at the glory of the Ottoman Empire, you should go to Topkapi Palace during your trip to Istanbul. Topkapi Palace was built in the 15th century. Mehmed the Conqueror ordered the construction of the palace in 1459. At first, the palace was named Yeni Saray, or the New Palace. Before this palace, the Sultan used to live in the Old Palace in Beyazit Square. The name was changed to Topkapi Palace in the 19th century. Topkapi means canon gate. After the fall of the Ottoman Empire in 1923, Topkapi Palace was turned into a museum in 1924. The palace, occupying a vast area of around 592,600 to 700,000 m2, has hundreds of rooms and chambers, but not all of these rooms are accessible for tourists. Only some of the most important ones are open to the public.