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Best property investment solutions Istanbul: The measures introduced under the Kartal Real Estate Transformation Project encompass various facets of infrastructure development. These include the enhancement of road networks, public transportation systems, and the provision of contemporary water, sanitation, and electricity facilities. These improvements are intended to elevate the quality of life and deliver convenient and integrated services to the local population and visitors alike. Furthermore, the project encompasses the establishment of commercial centers, entertainment zones, and shopping districts. These facilities are designed to invigorate economic activity, generate employment opportunities within the area, and enrich the shopping and entertainment experiences for residents and visitors alike. Discover additional info on https://righthome.com.tr/en/publisher/Mehmet-Hekimo%C4%9Flu.
Tips related to types of investment properties: Residential apartments typically have shorter investment cycles compared to commercial units. It’s not always a good idea to invest in a commercial unit in a project under construction with the intent to sell upon completion, but this strategy can work for residential apartments within the same project. Commercial units usually require less time to reach their peak price, making it easier for investors to exit their investments. However, villas are generally not considered for investment, unless they provide a high rental yield initially and the investor is willing to wait for a specific buyer interested in that particular villa.
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.
The right choice for the real estate company to deal with when buying the property in Turkey is important. Many owners who had a bad experience with real estate companies think that all real estate companies are similar and that the quality of their services is similar and this is not true, which makes many people wishing to own property choose the inappropriate company. The large number of ads on the social networks that encounter owners of interest in Turkish real estate and the huge amount of incorrect information spread about real estate in Turkey.
Whereas London is already one of the world’s premier cities, the Turkey 2023 vision plan aims to boost Istanbul to equal status, and this gives real estate investors the edge. In 2016, Barnes International also ranked Istanbul as the number one city for potential. Gone are the days, when we buy a house for life. Changing lifestyle habits as well as work and career commitments means selling a house is just as important as buying it. Studies say current generations will own an average of three different houses in the lifetime, hence buyers are also hedging their bets when it comes to selling and that is where the Istanbul real estate market steps up.
Many real estate investors understand that investing in off-plan properties can achieve the highest capital appreciation, as mentioned above. However, they make a simple but devastating mistake when choosing a location where prices have already significantly appreciated or where resale opportunities are nearly impossible. Regardless of the capital appreciation achieved, investing in a property with an unsuitable location can result in losing most or all of the returns obtained by the investor. Therefore, choosing the right location is the starting point for selecting a sound investment property. Forms of real estate investment have diversified, driven by the failure of some real estate brokerage companies to demonstrate the true beneficial investment to the client. Sometimes, there are offers to invest in land located at the ends of the Istanbul Canal, and the price per square meter of suitable land for construction can reach $200 today. However, this is merely an idea, and it could take 50 years from now to develop these lands when the Istanbul Canal project is completed, or the project could be postponed entirely. If the investor is aware of this point and understands that reselling the land currently is impossible and aims to invest for their descendants, there is no problem. However, from our daily experience, many investors believe that the prices of these lands will multiply fivefold in the coming years!!
Turkey tourism is one of the top reasons to invest in Turkey. The Galata Tower offers beautiful views of the city. It is located just North of the Golden Horn in the Galata Quarter. We stayed in an apartment looking right up at this tower and it was breathtaking. It is 9 stories high with a restaurant cafe and nightclub. You can take tours up to view the city. There’s a great square at the base of the Galata Tower where you can enjoy some Turkish Coffee and Turkish Delight while people watching on the terrace. Discover even more info at https://righthome.com.tr/.
All these manipulations involved not a small number of clients, and this is not surprising, because the clients want to obtain Turkish citizenship and do not have a deep knowledge of the foundations of real estate investment in Istanbul, and unfortunately, they did not have the opportunity to speak with a capable real estate consultant with long experience in this market. Real estate investment in Istanbul does not depend on the number of properties that you will get within a budget of $ 250.000, not even on the large number of meters in your commercial store in a remote area, which you will not be able to rent with a high return, nor even sell it later, also does not depend on the number of rooms you have acquired when you buy an old property in an area far from the places of high demand for renting at high prices or selling later (not to mention the fact that the old properties have a real estate appraisal less than their real price and therefore real estate worth 250-300 thousand dollars is often not enough to provide an appropriate assessment of Turkish citizenship and therefore the investor has to purchase additional real estate to complete the real estate appraisal amount).
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 summers in Istanbul are scorching, and the winters here can be snowy. Therefore, the best time to go to Istanbul is during the spring (April – May), during which the sky is clear, and the weather is beautiful. The fall season will also give you a pleasant temperature, so another best time to visit Istanbul is from September to mid-November. Many people come to Istanbul for their summer vacation. The weather during this season is quite lovely, though it can be warm sometimes. And, during the summer, the city is packed with lots of tourists, so it will be more difficult to enjoy all those Istanbul tourist attractions. The rates of hotels in Istanbul are also rocketing during the summer.
With our previous clients, we were able to achieve 100% profits in less than 3 years through systematic and thoughtful real estate investment through our experience in the market and our studies of the basics of successful investment, you also can achieve a successful investment and achieve profits of not less than 35% through your real estate investment with Right Home. In Right Home, we do not deal with an independent lawyer, but rather we have a legal team consisting of a group of lawyers with experience in the issues of foreign ownership of real estate in Turkey and obtaining Turkish citizenship and who are fluent in the English and Arabic languages, and the interested client is connected to the legal team directly to ask all legal questions related to the process of getting real estate or obtaining Turkish citizenship in its various states.