Best apartment real estate services Istanbul: 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. See more information at Turkish citizenship by 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.
Flexibility is required when you come across a property that suits you almost perfectly but is slightly above your budget. Also, if your plan is to sell a property you bought three years ago this year, but the market is suffering from inflation and stagnation this year, selling your property despite that will result in the loss of your profits or a significant portion of them. Thus, the time of stagnation is a time for buying new properties at reduced prices or waiting, and it is never the right time to sell your property.
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.
Turkey tourism 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.
Sometimes, there are offers for commercial properties as a form of change without clarifying that this type of investment is suitable only in the long term. Furthermore, the continuous devaluation of the Turkish lira makes long-term lease contracts a diminishing source of investment, even if they start with attractive figures like 7%, they will end after five years with a return that does not exceed 2%. We do not recommend these types of investments, as there are certainly better options in the market. However, we must clarify the reality behind these presented offers. Sometimes, there are offers for pre-owned apartments or even villas at prices lower than the prices of new properties. These opportunities may be suitable only for those who seek permanent residence, and their percentage among foreigners who own properties in Turkey does not exceed 2%. As for investment, even if you furnish them anew and achieve an initially impressive return of 8%, this return will be eroded over time due to the depreciation of the Turkish lira against the dollar. The greater disaster is your inability to resell your property later when you want to end your investment. Find additional details on https://righthome.com.tr/en.
We heard from some real estate owners in the recent period that real estate investment in Istanbul is a losing investment, and if it’s not been for the goal to obtain Turkish citizenship, they would not have bought real estate in Istanbul. Is this true? Is it necessary to obtain Turkish citizenship to sacrifice $ 250.000 to buy unprofitable real estate? It is no longer a secret to anyone that the real estate market in Istanbul is witnessing continuous prosperity and escalating growth that does not stop or decline. Let us leave the theoretical talk and see the statistics issued by the official Turkish Statistical Centre.
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. The collection of this marvelous museum comes from all over the Middle East, and the items dated from the 8th to the 19th century. You can see calligraphy artwork, prayer rugs, wooden, stone, and metal crafts, and many more. The Museum of Turkish and Islamic Arts opens from 9 AM to 4.30 PM every day, except on Mondays. On Mondays, the museum is closed for the public.
Initiatives implemented in the Think Tepe project include infrastructure development, including improving the road and public transportation network and providing modern water, sanitation and electricity facilities. The project is designed to improve the quality of life and provide comfortable and integrated services to local residents and visitors. In addition, the project includes the construction of business and commercial centers and entertainment and leisure areas. These facilities aim to enhance economic activity, provide job opportunities in the region, and create a vibrant and prosperous urban environment. Cultural and heritage elements are also included in the Tepe Thought project. Important historical and architectural sites in the area have been preserved and rehabilitated into tourist and cultural attractions. The project also seeks to promote culture and arts and provide spaces for cultural performances and events.
Choose properties in cities with high demand, such as Istanbul, and avoid other cities where resale possibilities are nearly impossible. Even in Antalya and the southern coast, despite high demand for vacation homes, the likelihood of resale with a substantial profit is very low. The earlier a property is in the construction process, the greater the expected capital appreciation upon completion, but the risks are also higher at the same time. If the property lacks investment advantages that set it apart from neighboring properties in terms of price per square meter or other existing or future amenities, it fails to fulfill the primary investment principle of uniqueness.