High quality real estate news in Turkey 2021


Posted On Oct 6 2021

Premium real estate market advice in Turkey right now? The project was established with the well-known concept of The-ritz Carlton, in which the cost of staying one night during non-peak times is $400 for a room without sea view, at The-ritz Carlton Hotel in Besiktas and today’s project in the equally important Nisantasi district. Never about Besiktas. On the contrary, it is more important because it is more central and includes the gathering of artists and the upper class of the population. What are the specifications of the project ? The project consists of 21 floors and includes 121 units, starting from a room and a hall with an area of 110 square meters, all the way to a penthouse with an area of 1124 square meters.

Turkey travel is one of the top reasons to invest in Turkey. Considerably smaller than the Grand Bazaar, the Spice Bazaar is home to around a hundred shops selling dried fruits, nuts, spices, tea, Turkish Delight, and other goodies. Both are walking distance from Sultanahmet Square. Follow the link for a DIY walking tour of Istanbul’s Bazaars and Rustem Pasha Mosque, a small but beautiful mosque near the Spice Bazaar. You can easily visit the Grand and Spice Bazaars on your own but if you’d like to go on a guided tour, then you can book one through Get Your Guide. Having a guide will be helpful, especially at the Grand bazaar because it’s so big. Follow the link to check out Get Your Guide’s Grand and Spice Bazaar tours.

Turkey’s 2023 vision plan aims to increase the capita per household to that of European countries. Combine this with government incentives, as well as a growing population and the buyers’ market is set to grow even more. The process of buying a house in Turkey even for foreigners is also quicker and easier than that of many other countries, with cheap taxes and reduced costs. Keep the property for five years, and you will be exempt from capital gains tax as well. One strong reason investing in Istanbul real estate is taking off is the mass of new branded housing projects, particularly occurring on the outskirts of the main city centre. Brand new modern homes with modern architecture are being combined with a range of social and community facilities to redefine the concept of neighbourhoods in what is Turkey’s biggest and most populated city. Find more info on Vadi Istanbul apartments for sale. One of the most popular rumors in the Arab market is that Turkish real estate is expensive, and many people interested in real estate investment think that the cost of entering the market is very high and this is not true, the most important is the awareness and understanding of the market well. You can start investing in the Turkish real estate market for up to $ 50,000 by investing in housing projects or university dorms as an example, which provides a good return on investment. Many of the major real estate investors fail to invest due to lack of market awareness and understanding of the future trends of the Turkish real estate market and because of the focus only on the quantity invested and not the type of investment.

We will talk in detail about the foundations of successful real estate investment: To take an example of a strategic location for a lower budget, we have the Kayethane area, from which a new metro will be launched in 2022 that will reach Istanbul Airport and thus be the first metro to reach the new airport and from it anyone who wants to go to the new airport by metro will have to cross in this area This is a sure sign that the demand for it will rise for rent and resale So let’s go to Kait Hana and get any property close to the new metro station and thus achieve a profitable investment in a 100% guaranteed,,, I wish it was that simple, in fact in Kait Hana area itself there are many new projects and also there are a large number of old buildings and of course Most of them are not suitable for a successful real estate investment, why? Because the strategic location means uniqueness, and therefore the property that you will buy must also have specifications that make it unique, and in this way it will be in high demand for rent and profitable when reselling it later. Follow the rest of the foundations of successful investment to better understand this point.

Today, buying a property at a meter price less than the average price of neighboring properties is an important opportunity and every investor must find this property to ensure a high rate of profits. The properties that achieve all the investment advantages, but the prices per meter are high compared to the region will achieve a successful investment, but not conditional on time (ie. You can resell your property only when you find a buyer who is completely interested in him, and that could be after a year or after ten years). As a practical example of this, the Serantepe Maslak area near the Istanbul Valley Mall at the beginning of 2020 included a few options of projects under construction such as the Avangart project, and the investor wishing to obtain Turkish citizenship was entitled to obtain two apartments, each with a room and a hall in this project. Today, in the middle of 2021, after the completion of the project, which is the last in this region, the investor can obtain one apartment (if available) in this project with a budget of Turkish citizenship of 250 thousand dollars, and thus the investments in this project have doubled by 100% in less than two years. Find extra information at https://mehmethekimoglu.com/.

Last Updated on: October 9th, 2021 at 11:03 am, by


Written by Raducioiu Florin