High quality real estate market solutions Istanbul, 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 benefits of turkish citizenship.
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.
Clearly state your requirements to the sales representative when you meet with them. If you have a fixed budget that cannot be exceeded, it is best to mention it to avoid getting a property tour that does not match your requirements, wasting your valuable time and energy in Istanbul. For example, a client who requests the best investment properties without specifying a budget will have the sales representative search in central Istanbul to find a suitable property. If the client’s budget is not suitable for properties in the center, they will find that property prices are high, and they may withdraw from the idea of investing at a time when suitable investment properties are available in other areas. The sales representative could have visited these areas with the client if they had disclosed their approximate budget.
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.”
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.
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.
Turkey tourism is one of the top reasons to invest in Turkey. Home to the iconic Galata Tower and Dolmabahce Palace as well as the city’s most fashionable boulevard in Istiklal Caddesi, the neighborhoods across Galata Bridge provide an interesting mix of old and new that’s different in feel to the time-honored charm of Sultanahmet. If you enjoy shopping, good food, and perhaps a taste of Istanbul’s nightlife, then this is where you need to be. You can check my post on Galata Bridge, Beyoglu, and Dolmabahce Palace in Istanbul for more pictures and information, but here’s a quick rundown of what you a can find there: As described, you can visit all these sites on your own, but you may want to consider a guided tour as well, especially if you want to learn more about each place. Read extra info at https://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. In Eminonu neighborhood of Istanbul, near the Topkapi Palace, you can find the complex of The Istanbul Archaeology Museums, one of the most famous Istanbul points of interest. The museum consists of three buildings; each of them houses different theme of collections. The first one is the Museum of the Ancient Orient. This part of the museum displays pre Islamic artifacts obtained during the expansion of the Ottoman Empire. The second part of the museum is the Archaeology Museum. You can see traditional statues and sarcophagi in this part of the museum. The last part of the Istanbul Archeology Museums is the Tiled Pavilion. Mehmet The Conqueror ordered the construction of this pavilion back in 1472.
Today our real estate consultant can describe to you the areas of Istanbul and the projects that may interest you to own them accurately as if you are on a real tour, and when you like one of our projects, we will have a virtual real estate tour and visit the project and get to know the surrounding area and the advantages of private investment in it or housing in case your goal is a residential property. Through the video calls, we will show you everything and carry out the negotiation processes. When we get the appropriate option, we sign the contract. This virtual process does not diminish from the real process except for the handshake that we used to do with the client when the deal was completed.