Excellent real estate news in Turkey right now

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.

Istanbul, Turkey travel 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.

Undoubtedly, a big lure for investors with their eye on the bottom line are the mega projects of Istanbul that when complete are predicted to raise property values even more than they have done already. The mega project on everyone’s lips at the moment is the new Istanbul third airport that when complete in 2028, will be the world’s transport hub. Investors are also buying up land and houses on the European side where the Istanbul Canal project will take place. Districts like Kucukcekmece are seeing a flurry of interest for value for money apartments for sale in Istanbul, because of the project that will create a mini city within a city. See more information at vadi istanbul apartments for sale. 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.”

We will discuss the foundations of real estate investment in Istanbul specifically because it is the backbone of life in Turkey and includes more than 20 million people, representing a quarter of Turkey’s population, overlooking both the Marmara Sea and the Black Sea, and the Bosphorus Strait includes this waterway of historical, strategic and political importance, and it is the only waterway that belongs to each bank From its banks to a different continent, it combines Asia and Europe at the same time, and leaves on each of its ends scenes that capture hearts and attract tourists from all over the world time after time each year to contemplate this unique divine creativity. Of course not, because the investment property has specific and precise conditions that only the capable real estate consultant with long experience in the real estate market is aware of, and we will talk in detail about the conditions for successful real estate investment in Turkey.

If your investment plan is long, you must exclusively obtain a high rental return, otherwise your real estate investment will not be ideal. The question here is how do I know that the rental return for a property is considered high? We always advise dealing with a professional real estate broker because calculating the long-term rental return depends on many intertwined matters, including: Preference for real estate with rapidly growing rental income based on real data from infrastructure development and general improvement in the region. The high rental yield should not negatively affect the price of the property when reselling in the future. That the property is easy to rent and that the investor does not have to keep his property without a tenant for several months to find a tenant who is able to pay the promised rental return. A geographical analysis of the area chosen by the investor and what is the future expectation for it, according to the studies. Is the neighborhood in which the property was chosen is promising for growth with time, or will it become obsolete? What are the bases that will make your property in demand in the future when you finish the investment and want to sell it? Read even more info on https://mehmethekimoglu.com/.