Best property investment solutions Turkey: In addition to its economic aspects, the Kartal Real Estate Transformation Project places considerable emphasis on preserving the cultural and historical heritage of the region. Key historical and architectural landmarks in Kartal are being conserved and repurposed as tourist attractions and cultural venues. Spaces are also allocated for cultural performances and artistic events, fostering a richer cultural life in the region. Ultimately, the goal of the Kartal real estate transformation is to create a multifaceted, integrated destination that combines housing, commerce, entertainment, and essential services. This project presents a unique opportunity to transform Kartal into a thriving and sustainable urban community that offers a high quality of life. Find extra information on https://righthome.com.tr/en/publisher/Mehmet-Hekimo%C4%9Flu.
Try to combine multiple advantages when choosing an investment property location. For example, a property in central Istanbul, close to an upcoming transportation hub, and near an important university offers multiple benefits that can result in a successful resale. Choosing a premium location without evaluating the price per square meter at the same time may lead to purchasing an excellent property in an excellent location at a price higher than the market, making resale difficult. This is a common issue with upscale towers in central Istanbul.
A successful investment in real estate is a sensitive and complex process. You should not take it lightly or rely on incomplete experiences of others. Every property in Turkey has an appropriate price, but the lack of sufficient information with the sales representative makes them evaluate projects with incorrect criteria. However, what matters to you as an investor is choosing the property that suits you and your plan. Certainly, there are better projects than others when viewed from this perspective. If you have reached this point in this relatively long article, we would like to thank you on behalf of the Right Home company’s team. We are very interested in conscious investors who are genuinely interested in obtaining accurate information, no matter how much time and effort it takes.
We can not deny that real estate companies do not work to make money, but the idea promoted in the real estate circles that companies earn a lot of commissions in Turkey is wrong, and because commissions in the real estate sector vary from one company to another there is no fixed commission and the average commission obtained by companies In Turkey is 3% of the price of the property and they get this commission from the construction company of the project and not from the client. There are a lot of costs to real estate companies in the Turkish market, which makes the margin of profit low , including the high taxes of the Turkish government and other expenses related to the sale.
Growing neighbourhoods like Kucukcekmece and Beylikduzu offer all the benefits of city life with easy access to shopping, nightlife and transport links. Yet they eliminate all the hustle and bustle by sitting on the outskirts, therefore providing more of a suburban feel than city dwelling. While the shores of the Bosphorus and areas like Sisli still remain the elite of Istanbul real estate markets, neighbourhoods like Esenyurt and Buyukcekmece with these new branded lifestyle projects are enabling the growing middle class to become real estate investors for less than £100,000 for properties in Istanbul, especially now with the current exchange rate between the Turkish lira and dollar that edges everything to a buyers advantage.
The property with two rooms and a hall, its normal price, for example, in Beylikduzu, is 250 thousand dollars within a residential complex that is less than 10 years old. Today, due to weak demand, the owner (instead of postponing the idea of selling because the market is now suitable for buying only and without an urgent need) reducing the price To 200,000 dollars, and when he is unable to sell the property, he lowers the price again to 150,000 dollars, and after he sells, he checks the market to find that the amount he got is not suitable for buying a better property as he thought, then he invests this money in a field other than real estate, and so he loses The most solid and grateful investment sector for him!.
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. Discover even more information at righthome.com.tr.
We heard from some real estate owners in the recent period that real estate investment in Istanbul is a losing investment, and if it’s not been for the goal to obtain Turkish citizenship, they would not have bought real estate in Istanbul. Is this true? Is it necessary to obtain Turkish citizenship to sacrifice $ 250.000 to buy unprofitable real estate? It is no longer a secret to anyone that the real estate market in Istanbul is witnessing continuous prosperity and escalating growth that does not stop or decline. Let us leave the theoretical talk and see the statistics issued by the official Turkish Statistical Centre.
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. We take great pride in being more than just another real estate agency. We aim to develop long-lasting relationships with our clients by offering exceptional services and meeting customer’s utmost satisfaction. The perfect place to witness the trace of emperors in Istanbul is Hagia Sophia. It was built in 537 AD, the impressive building first served as an Orthodox church, but after the Ottoman invasion, it was turned into a mosque in 1453. In the 20th century, the government decided to secularize Hagia Sophia and declare this historic building as a museum. It was first opened on February 1, 1935. The highlight of this Istanbul landmark is the massive dome. With 102 feet in diameter and 184 feet in height, the dome of Hagia Sophia is considered as the marvel of architecture in that timeline.
If your investment goal is in Istanbul, especially if you want to obtain Turkish citizenship (this means you cannot resell your properties for 3 years), here stands the main thing for Right Home’s vision, which is being a real estate investment company in Istanbul, as our role is not limited only to indicating the appropriate projects, but we have a consulting team specialized in studying the market, studying real estate projects and the history of construction companies, in addition to studying the laws of supply and demand in the present, in the past and in the future. Make sure that all of the above is very important when choosing your investment properties because from our daily experiences we notice completely wrong investment choices that some clients make by misleading them by companies starting out in the real estate market or non-consulting real estate brokerage companies, and this is often done by tempting the customer for obtaining cheap real estate or being deluded by the fact that a certain area is an investment area without relying on real criteria in evaluating the investment.