Premium apartment real estate experts Turkey: Projects for non-professional developers – There is no problem with a new real estate developer in the Turkish market, because everyone one day started from scratch, but the big problem is when a developer is dishonest, his principles change if they conflict with his interests, sometimes there is an independent developer who builds one building in an area, whether it is central or remote On the center and when time passes and due to economic difficulties that buyers face, and this is normal according to the market economy cycle, this developer reduces its prices significantly to attract customers interested in buying his real estate, and after the sale is completed, he completes the project randomly using cheap materials to compensate for the profits he lost during the price reduction. Here we mention this point to alert the investor that the history of the real estate developer is very important to take into consideration when buying a property, especially in times of high inflation or recession. See more details on return on investment at Turkey.
There are many real estate companies that are working to provide quality in all its services for those wishing to buy property in Turkey, which is working to strengthen the sources of information and you can inquire about these companies at the investment section of your embassy in Turkey to make sure that the company is good. Unfortunately, many people believe that there are cheap properties in Istanbul. This is not true. There are no cheap properties in Istanbul. We can call them lower quality properties. Many real estate companies that are interested in selling only are responsible for marketing this Illusion to its customers in order to increase sales only.
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.
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.
Istanbul tourism is one of the top reasons to invest in Turkey. A short walk down the street takes you to the Grand Bazaar for the most exciting shopping experience you’ll ever have. There are more than 5,000 shops in the Grand Bazaar covering 60 streets. It was an important trading center dating back to the 15th century. I can only imagine how it once was with traders coming in from Asia and Africa bringing their exotic items for merchants to peruse from Europe. Spend a day losing yourself in the giant labyrinth that houses Mosques, hammams, cafes, and jewelry stalls.
It is worth noting that today, by purchasing real estate online and by appointing one of our company’s lawyers, you can not only get the best investment opportunity while you are in your home, but also apply for Turkish citizenship for you and your family, and when you visit Turkey at a convenient time for you, you can directly receive the Turkish identity. We have always believed in Right Home that difficult circumstances carry distinct opportunities, and you too today can seize the opportunity of lower real estate prices and obtain Turkish citizenship while you are at your home sitting on a large sofa with your family. Discover more details at https://righthome.com.tr/en.
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. 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. Istanbul is the capital of Turkey and one of the popular tourist destinations worldwide. The rich culture and glorious history attracts many to visit this one of the largest cities in Europe. Beautiful city Istanbul is a complete historic city where the main attractions are many years old mosques and churches. Some topmost must-see landmarks are Sultan Ahmed Mosque, Hagia Sophia, Topkapi Palace, and Ortakoy Mosque. The traditional Grand Bazaar became an iconic must-visit popular market for tourists in Istanbul. And this market is also one of the largest and oldest markets in the world. Another popular and historical activity in Istanbul is Turkish Baths. There are many hamams or Turkish bathhouses you might like to try for the first time during your trip.
The People’s Park Project at Ataturk Airport is an innovative undertaking designed to establish an extensive green area within Istanbul’s Ataturk Airport. This visionary project seeks to provide travelers and visitors with a serene outdoor space where they can unwind and enjoy nature before or after their flights. Crucial information about the People’s Park Project at Ataturk Airport includes: Location: A designated area within the airport has been earmarked for the creation of the park, with a vision to craft a verdant oasis in the heart of the city. Facilities: The project encompasses public amenities such as green spaces, trees, walking paths, benches and seating areas, fountains, and small lakes. These amenities aim to cultivate a tranquil environment infused with natural beauty.
A premium location can lead to the purchase of an excellent property at a higher-than-market price per square meter, making resale challenging. This is a common scenario with luxury towers in central Istanbul. Tips related to the pre-purchase process: Gather your information from multiple sources without exaggeration to avoid confusion while also considering different perspectives. No matter how knowledgeable a real estate consultant you are in contact with may be, it does not exempt you from conducting your own research and verifying the information they provide you with reliable sources. Do not be deceived by misleading offers that you receive, whether before your arrival in Istanbul or during your stay while selecting the appropriate investment property. Always remember that the expert real estate consultant who has provided you with an accurate market view during your communication with them is better equipped to identify any opportunities you want to see in the market.
