Apartment for investment services Istanbul, Turkey with righthome.com.tr: 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. Read more info at buy apartment in Istanbul.
Many beginners in real estate investing in Turkey are looking for quick profit, which makes them rush in their decisions and they often end up in loss. The real estate sector is one of the most growing sectors in Turkey which provides all investors with a good investment return, but the key to success in this sector is time. Investor’s efforts must first be based on understanding the market and then choosing the best property in terms of region and quality. Then wait, as one real estate investment expert says. “Real estate investors are the only ones who make money while they are asleep.”
Flexibility is required when you come across a property that suits you almost perfectly but is slightly above your budget. Also, if your plan is to sell a property you bought three years ago this year, but the market is suffering from inflation and stagnation this year, selling your property despite that will result in the loss of your profits or a significant portion of them. Thus, the time of stagnation is a time for buying new properties at reduced prices or waiting, and it is never the right time to sell your property.
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.
Istanbul, Turkey tourism is one of the top reasons to invest in Turkey. If you just want easy access to Istanbul’s top attractions without a guide, then another option would be to go on a Big Bus Tour. For me, there’s no better way to become acquainted with a new city than these Hop On Hop Off Tours. Double decker buses ply set routes that take you to many of the top attractions in Istanbul, and you can hop on and off as many times as you want for the duration of your pass. Very convenient indeed. The Grand and Egyptian Spice Bazaars are Istanbul’s most popular bazaars. One of the largest and oldest covered markets in the world with over 3,000 shops, you can buy all sorts of things at the Grand Bazaar like leather goods, jewelry, carpets, clothing, furniture, ceramics, and souvenirs.
The follower of the real estate market in Istanbul since 2017 is fully aware that the first feature on which the projects of the Basin Express area are promoted is that it is close to Ataturk Airport (currently closed after the opening of the new Istanbul Airport in the north) This same point must be kept by the real estate investor in his eyes when searching for his next investment property and to check these advantages of the project, whether they are continuous or fleeting with time. With this view, the investor can discover and evaluate new offers in the event that there are promising projects that will be implemented for sure during the investment cycle he is considering. For example, the Istanbul Canal project, which has been discussed since the 16th century until now, has not actually started. It is illogical to buy real estate or land close to the canal in order to benefit from the canal project during the next five years (knowing that the canal project, if started, needs 10 years to be completed). implement it) Also, the investor who buys agricultural land for the purpose of organizing its housing, whether it is near the Istanbul Canal or in any other area, must be fully aware that investing in agricultural lands is a long-term investment whose results cannot be harvested before 15 to 20 years, and sometimes more. Find even more details on https://righthome.com.tr/en.
Our goal in presenting these statistics is to clarify that the number of properties sold in Turkey, of which Turkish citizens constitute 97%, while the share of foreigners is only 3%, as shown in the figure below for the number of properties sold to foreigners in Turkey (compared during March 2021). From this we conclude that the vast majority of real estate was sold in the local market, and this clearly means that the Turkish real estate market is a profitable investment market, otherwise there would not have been an increased demand for new real estate purchases, especially under construction by Turkish citizens (who do not seek citizenship but a net investment 100%).
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. Blue Mosque is another great spot for sightseeing in Istanbul. The official name of the mosque is Sultan Ahmed Mosque. It is famously known as the Blue Mosque because the ceiling of the mosque is lined with blue tiles. Another prominent feature of this mosque is the six minarets. The Blue Mosque began to be built in 1609. The construction took seven years to finish. Sultan Ahmed, I ordered the making of this mosque; Thus, the mosque gained its official name. This Istanbul tourism highlight is still an active mosque. People go to pray in the Blue Mosque. Visitors are allowed to enter the mosque every day from 9 AM to 6 PM except during prayer times. There are five prayer times every day, and each prayer time usually takes 30 minutes to conduct.
Galata Port Mall is a comprehensive commercial and entertainment complex located within Istanbul’s Galata district, Turkey. This mall is an integral part of the broader initiative to transform the historic Galata port into a contemporary tourist and cultural destination. Built upon the site of the former seaport, Galata Port Mall has undergone extensive renovation and transformation, emerging as a modern and all-encompassing shopping and entertainment destination. The complex features an array of retail outlets, restaurants, cafes, and entertainment spaces. Galata Port Mall provides a distinctive and immersive shopping experience, offering a wide range of products from renowned international brands to local favorites. Visitors are treated to a shopping environment that is both modern and comfortable, complete with enticing offers and discounts.
The cheapest property is not necessarily the best for investment. A thorough analysis is required to evaluate the advantages it offers compared to its price. Only then can a well-founded decision be made. For investment purposes, the size or the number of rooms in the property does not matter as much as the expected return it offers. Tips related to property location: Selecting a prime location is the key to successful resale and the foundation of any real estate investment. Properties in city centers generally have a faster investment cycle due to high demand and limited supply. An investment cycle in the city center can be completed in less than three years.