Property investment services Istanbul, Turkey right now: Land with building permits typically has a shorter investment cycle compared to agricultural land (without building permits). Agricultural land in various parts of Istanbul, especially near the Istanbul Canal, is often sold with the unrealistic expectation of generating substantial profits within one or two years. This type of investment usually requires at least 20 years to yield reasonable returns. Full buildings intended for use as hotel apartments should be purchased, invested in, and later sold with the same approach, including furnishing and equipping them. Success in this type of investment is not guaranteed without such comprehensive planning. See more information at property for sale in Istanbul.
Beware of scams that are often designed not to steal your money directly but to make unrealistic promises that cannot be fulfilled in reality, such as a guaranteed 10% permanent rental return or profits of up to 300% within two years, and so on. Be cautious of offers that come with a gift wrap, as they are often (but not always) a deception, such as a guarantee of renting apartments for three years in regular apartments. What happens after those three years? Or offers like buying land near the Istanbul Canal and selling it at double the current price after two years. Be aware that if the square meter price actually increases, the abundance of such offers will prevent you from achieving the desired profit. Or offers like buying two apartments for $400,000 in total, claiming they are suitable for Turkish citizenship.
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. You must visit the Asian side of the city when visiting Istanbul. How often can you visit two continents in a matter of minutes and not even have to go through customs! We popped over to Asian Istanbul after a scenic cruise checking out the shores of both North and South. A good stop is Kanlica, famous for its thick yogurt. When strolling through the city, you’ll see many older gentlemen playing games. The game of choice is Backgammon and you must give it a try. Look for a local cafe offering boards to use, sit down and order a coffee or tea and play until your heart’s content. This popular game dates back 5,000 years in the Persian empire and is going strong today in the city of Istanbul.
Finally, as for the lands near the new Istanbul Canal, it is a very risky investment project that is not recommended for someone who owns a property for the first time in Turkey and wants to obtain Turkish citizenship. For more information about Istanbul Canal, read: Canal Istanbul project and its impact on real estate investment. So, what is the solution to get a successful real estate investment while obtaining Turkish citizenship? The amount of real estate investment to obtain Turkish citizenship was reduced to $ 250.000, according to what was issued in the Official Gazette on September 19, 2018, after it was previously worth one million dollars.
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. We take great pride in being more than just another real estate agency. We aim to develop long-lasting relationships with our clients by offering exceptional services and meeting customer’s utmost satisfaction. In Eminonu neighborhood of Istanbul, near the Topkapi Palace, you can find the complex of The Istanbul Archaeology Museums, one of the most famous Istanbul points of interest. The museum consists of three buildings; each of them houses different theme of collections. The first one is the Museum of the Ancient Orient. This part of the museum displays pre Islamic artifacts obtained during the expansion of the Ottoman Empire. The second part of the museum is the Archaeology Museum. You can see traditional statues and sarcophagi in this part of the museum. The last part of the Istanbul Archeology Museums is the Tiled Pavilion. Mehmet The Conqueror ordered the construction of this pavilion back in 1472.
Today our real estate consultant can describe to you the areas of Istanbul and the projects that may interest you to own them accurately as if you are on a real tour, and when you like one of our projects, we will have a virtual real estate tour and visit the project and get to know the surrounding area and the advantages of private investment in it or housing in case your goal is a residential property. Through the video calls, we will show you everything and carry out the negotiation processes. When we get the appropriate option, we sign the contract. This virtual process does not diminish from the real process except for the handshake that we used to do with the client when the deal was completed. Discover extra info on https://righthome.com.tr/en/home.
