Premium real estate news in Turkey 2021? The investment importance of this project? The central location in the most prestigious neighborhood in Istanbul, Nisantasi neighborhood, which includes the luxury shopping street that is required throughout the year for the high class (willing to pay a high rent or buy the property from you later at a high price), and at the same time full services surrounding it of specifications, centers, historical landmarks and old neighborhoods It is a huge fortune for lovers of art and originality. The current prices for the project are competitive, as the project is due to be delivered at the end of 2021 and therefore 6 months from the date of writing this article to ensure that the finishing touches are provided with high efficiency commensurate with the concept of The -Ritz Carlton.

Istanbul, Turkey tourism is one of the top reasons to invest in Turkey. As described above, Sultanahmet is home to the city’s most important attractions like Ayasofya, Topkapi Palace, the Basilica Cistern, and the Blue Mosque. No first-time visit to Istanbul can be complete without visiting all these places. Travelers pressed for time can click on the link below to learn how you can visit these attractions in one day. But if you have more time, then it would be best to spread them out over two days. You can check my post on the top attractions at Sultanahmet Square in Istanbul for more pictures and information, but here’s a quick rundown of what you a can find there.

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. Discover extra details on is buying real estate in Turkey a good investment?. One of the most popular rumors in the Arab market is that Turkish real estate is expensive, and many people interested in real estate investment think that the cost of entering the market is very high and this is not true, the most important is the awareness and understanding of the market well. You can start investing in the Turkish real estate market for up to $ 50,000 by investing in housing projects or university dorms as an example, which provides a good return on investment. Many of the major real estate investors fail to invest due to lack of market awareness and understanding of the future trends of the Turkish real estate market and because of the focus only on the quantity invested and not the type of investment.

Now the important question comes to our mind, which is how much does it cost to buy an apartment for two bedrooms in the above project? Prices for real estate with a partial Bosphorus view will start at least from 450 thousand dollars for a bedroom and a hall and from 650 thousand dollars for two bedrooms and a hall. We know that this budget exceeds the expectations of many foreign investors, but these are the logical prices for these properties, as they overlook the Bosphorus and in the Sisli district in central Istanbul, in a modern, full-service tower building. Do I need 450 thousand dollars to start a successful investment in Istanbul? Of course, not necessarily. The strategic location does not mean only real estate near the Bosphorus. Let us explain the matter simply through the following rule: “Any real estate in a strategic location (city center / near an important transportation station / near a highway / with a high rental return / distinguished from the surrounding real estate to make it easier to sell later with profits) is a valid investment property if most of the other investment bases are available”.

But if your investment plan is only short to obtain Turkish citizenship (3 years), you must buy a property that has the following specifications: It is much better if it is under construction because the ready property provides a rental return at best that does not exceed 6%, while the property under construction if it is chosen correctly, achieves annual returns when sold not less than 25% and therefore it is at least 4 times better as an investment than the ready property. To achieve the law of high demand when wanting to resell it after the end of the investment period: The more the property achieves investment advantages, the higher the chances of reselling it and the possibility of achieving greater profits is more likely. At the same time, a property must be chosen so that the investment advantages do not conflict with it, for example if a property is chosen in a strategic location, which is a very important feature of the advantages of a successful investment, but After 3 years, when it was resold, the same area became full of similar new projects, and thus the second rule was violated, which is to maintain a small supply so that the demand is high. Find additional details at https://mehmethekimoglu.com/.