The best real estate news in Istanbul today

Top real estate investment in Istanbul 2021? What are you waiting for, contact us to get the best offer for the most investment feasible apartment in the project! Also, upon resale, all the elements of a successful investment are available in this property from a privileged location, as it is the only new project in the region, the lack of competition and the high demand for luxury properties of the Ritz-Carlton brand, and therefore upon resale later, regardless of the high rental return, the owner of this property will be able to sell it and achieve Additional profits over the price at which it was bought, even if the evaluation was done in foreign currencies. Even if we assume a fullness rate of less than 50% (which is unlikely) or the daily rent is less than $400 and there may be expenses for managing the property with all of the above, the ROI will not be less than 12%, which is a very high rate not only in Istanbul but in the whole world.

Turkey travel 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.

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. Discover additional details at is buying real estate in Turkey a good investment?. And we belief in the role of real estate companies in providing the right information for those interested in real estate investment and the spread of investment awareness about Turkish real estate, that’s why our company Extra Property publishes educational articles about ownership in Turkey and the most important information that the owner needs during the ownership or investment in Turkey. In this article, we will highlight the most widespread misinformation about real estate in Turkey.

A location that has unique characteristics that make it distinct from the neighboring properties, and this is the cornerstone that will make this investment a successful investment, whether when renting the property or when reselling it later. The banks of the Bosphorus are strategically located in every inch of it, but the real estate near the Bosphorus, as we talked about in a previous article: What type of property should I buy in Istanbul? They are rare first-row properties suitable for high budgets above a million dollars for the rows after the first row, but what about a property in Sisli, Maslak or Kadikoy with a view of the Bosphorus? If we talk about a high and modern residential tower in these central areas with a view, even if far from the Bosphorus, then we are talking about a rare painting and therefore it is desirable, whether for rent with a high return or for resale later to an investor who loves to collect rare art paintings, contemplate this view: Even if the view was not so close, but was in the Sisli area, for example, it would also be distinctive and desirable.

If you want to resell your investment property after 3 years, how do you choose it based on the high rental return?! And if you want to resell your investment property after at least 7 years, how do you buy it in a fully-developed area where there is no opportunity for development?! And if you want to resell your investment property after more than ten years, how do you accept a property with a low rental return?! If any investor asks the above questions, he will certainly say that these are self-evident matters in real estate investment and no one can fall into them, but in the reality of our daily experiences through which we witness the stories of dozens of investors, we notice that one of the above mistakes is often committed, especially if the investor’s primary goal is to obtain On Turkish citizenship without giving much attention to the type of real estate he buys, or even a careful informed investor is lured by the idea that there is no profitable investment in Istanbul and therefore he is advised to buy the least harmful real estate and this is in fact just a way to advertise bad projects The real estate consultant would like to sell In it, but the truth, through our long experience in the field, is that there are properties that have achieved more than 100% profits in less than two years. You can view them by communicating with us. Read extra information on https://mehmethekimoglu.com/.