High quality real estate advices in Istanbul 2021

Top real estate advices in Istanbul today? Are you an investor who wants to achieve a high ROI in a ready-made property without entering the risks of under-construction properties? Or are you an art buff who loves the luxury life in the most prestigious neighborhood in Istanbul, Nisantasi district, abdi ipekci street with the highest rental prices in Turkey? Either way, this project is suitable for you. Let’s get acquainted together with the Ritz-Carlton hotel apartments in the ancient Nisantasi neighborhood, which is full of international brands, which did not all meet in one place in Turkey except in Nisantasi neighborhood.

Istanbul 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.

Even though Istanbul has always been one of the major cities of the world, both historically and in modern times, it is still an infant of the globe’s real estate market. Neglected for many years because of a dismal economy, lack of financing and credit, as well as substandard urban infrastructure, it wasn’t until the turn of the century that the government started to modernise the real estate market of Turkey to bring it inline with other destinations of the world. The result is that buyers are cashing in while it is still young and overall, property anywhere in Turkey has enormous potential when it comes to capital growth. According to the stat crunching portal Numbeo, prices per square meter in London range from 677% to 862% higher than Istanbul. See additional information on Sheraton tower in Istanbul. The right choice for the real estate company to deal with when buying the property in Turkey is important. Many owners who had a bad experience with real estate companies think that all real estate companies are similar and that the quality of their services is similar and this is not true, which makes many people wishing to own property choose the inappropriate company. The large number of ads on the social networks that encounter owners of interest in Turkish real estate and the huge amount of incorrect information spread about real estate in Turkey.

Returning to the title of the article: Is buying a property in Turkey a profitable investment? But the investor, regardless of his field of work, will want, in addition to obtaining Turkish citizenship, to obtain a profitable real estate investment, especially since one of the conditions of Turkish citizenship is to pay the full amount without installments and pledge not to sell real estate for 3 years from the date of its purchase, and therefore this amount is frozen for a period of time and time is with the investor It means money and therefore if this period of time will pass without making profits, this means that this investment is a loser. Many investors in the Turkish real estate market (the percentage of Turkish investors in the Turkish real estate market compared to foreign investors from all over the world is between 98% and 99% of the entire real estate market) want to have a successful investment regardless of the law of obtaining Turkish citizenship in exchange for buy real estate worth 250 thousand dollars, Therefore, this market is definitely vital and investment, but can we consider each property as an investment property in Turkey in general and in Istanbul in particular?

Kayasehir area, which is an extension of the Basaksehir area, is considered one of the closest modern areas to Istanbul’s modern airport, as shown on the map below But it never constitutes an investment area. Why?The answer is simply look at dozens of identical buildings that share the same features in terms of location, specifications and views. There are dozens of them in each neighborhood, and therefore the supply in this area is very high, and this in turn, according to the basic rule in the economy, will make the demand low. Thus, rental prices and resale later will not achieve high investment feasibility. And what is the alternative to that? At the moment we write this article, the tempo city project is considered one of the best investment projects in the Kait Hana area in order to achieve the strategic location point and also the neighboring properties do not share with it the same features and this is the second important rule in real estate investment. Note that the project is opposite a very important mall in the area. On the one hand, gardens and green spaces, on the back are commercial buildings, and on the far side we have old buildings that do not share the same specifications with it, and therefore it achieves the principle of uniqueness and lack of supply, and therefore the demand for it will be high in the future. Read more details at https://mehmethekimoglu.com/.