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Real estate investment experts Turkey with righthome.com.tr: The price drop started from the beginning of the current year 2023 for these types of projects. However, we did not talk about this issue until August, because this drop is temporary and constitutes a very important opportunity at this time, and it is possible that the low prices will continue to exist for a longer period or the prices will drop more, but It is also possible for this opportunity to expire at any time and the demand to rise again. There are many regions in Istanbul, no matter how circumstances change, where demand remains high and supply is low, such as neighborhoods in the central regions (not the region as a whole), and therefore their prices did not and will not form a real estate bubble and will never decrease, no matter how long the difficult economic conditions extend, and therefore it cannot be believed when hearing that real estate prices are declining All real estate prices decrease in the same proportions. This is not true. See additional info on Real estate prices are going down in Istanbul.

Tips related to types of investment properties: Residential apartments typically have shorter investment cycles compared to commercial units. It’s not always a good idea to invest in a commercial unit in a project under construction with the intent to sell upon completion, but this strategy can work for residential apartments within the same project. Commercial units usually require less time to reach their peak price, making it easier for investors to exit their investments. However, villas are generally not considered for investment, unless they provide a high rental yield initially and the investor is willing to wait for a specific buyer interested in that particular villa.

Do not underestimate the advice of the company’s legal team, especially if you intend to apply for Turkish citizenship. We have heard of cases where clients did not follow their lawyer’s recommendations, resulting in delays in obtaining Turkish citizenship. Sometimes, Turkish citizenship can be revoked for children who have crossed the age of 18 due to negligence, either on the part of the brokerage company or, more often, the investor themselves.

The purchase of real estate in Turkey requires a lot of effort, especially for those wishing to own property for the first time or for big investors. The Turkish real estate market is changing rapidly and all its players need full awareness of the market and its future directions. Given the many information available on the Internet about investment or real estate in Turkey, this raises doubts about the credibility of companies that put this information on platforms and accounts on social networks.

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.

Istanbul tourism is one of the top reasons to invest in Turkey. If there is one thing that we wanted to try in Turkey was Turkish Coffee. We’d had it all over the world, but to have it in its country of origin was beyond heavenly. It takes great preparation to make this tiny little cup of caffeine, but the effort is worth it as it’s one of the most delicious and rich blends of coffee you will ever have. Don’t drink it to the last drop though, the bottom of the cup is filled with coffee grinds. (the secret ingredient perhaps?) The waterfront is filled with bars and clubs and this is where the hip young professionals of the city hang out. Dave and I clearly didn’t hang out here as we’re neither hip nor young, but we did take a stroll through the city and had a glass of wine!

What are the profit rates for real estate investors in Istanbul through Right Home? When our real estate consultant over the phone explains the areas of Istanbul, how to invest, the best projects in each area, and the best options in each project, the customer becomes aware of the investment mechanism and how to profit in the Turkish real estate market, and when the customer meets when he comes to Istanbul immediately with the sales representative of Right Home, he will immediately feel that every second of his time is being used correctly and only projects that are suitable for his request and that achieve high returns on investment are offered to him.

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. Is Istanbul worth visiting? Of course! It is a beautiful city filled with astonishing landmarks and meaningful traditions. You will find a lot of exciting things to do in Istanbul. There are plenty of attractive Istanbul points of interest, so going sightseeing in Istanbul is such a fulfilling experience that you will never forget. Istanbul was first founded in 660 BC. It was named Byzantion at that time. In 330 AD, the city was rebuilt, and the name was changed into Constantinople. Throughout history, this city has served as the capital city of many imperials, from the Romans to the Ottoman. That is why you can feel the powerful influences of both Islam and Christianity in Istanbul. Some of the most famous Istanbul tourist attractions are magnificent mosques and churches.

It is worth noting that this process is usually expensive, especially if the lawyer is fluent in a language other than Turkish and has experience with topics of interest to the foreign investor exclusively in Turkey, but at Right Home we do not charge any fees for legal advice. As for the transaction of Turkish citizenship through investment, usually the costs of the lawyer who will prepare the papers and submit the application are about 4 or 5 thousand dollars, but at Right Home we have a valid offer until the date of writing this blog as we fully cover the fees of lawyers for clients who bought through our company and want to obtain Turkish citizenship. Read additional info on https://righthome.com.tr/en/home.