Premium real estate investment in Turkey 2021? Are you an investor who wants to achieve a high ROI in a ready-made property without entering the risks of under-construction properties? Or are you an art buff who loves the luxury life in the most prestigious neighborhood in Istanbul, Nisantasi district, abdi ipekci street with the highest rental prices in Turkey? Either way, this project is suitable for you. Let’s get acquainted together with the Ritz-Carlton hotel apartments in the ancient Nisantasi neighborhood, which is full of international brands, which did not all meet in one place in Turkey except in Nisantasi neighborhood.
Istanbul travel 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.
Turkey’s 2023 vision plan aims to increase the capita per household to that of European countries. Combine this with government incentives, as well as a growing population and the buyers’ market is set to grow even more. The process of buying a house in Turkey even for foreigners is also quicker and easier than that of many other countries, with cheap taxes and reduced costs. Keep the property for five years, and you will be exempt from capital gains tax as well. One strong reason investing in Istanbul real estate is taking off is the mass of new branded housing projects, particularly occurring on the outskirts of the main city centre. Brand new modern homes with modern architecture are being combined with a range of social and community facilities to redefine the concept of neighbourhoods in what is Turkey’s biggest and most populated city. Find additional info on is buying real estate in Turkey a good investment?. Many beginners in real estate investing in Turkey are looking for quick profit, which makes them rush in their decisions and they often end up in loss. The real estate sector is one of the most growing sectors in Turkey which provides all investors with a good investment return, but the key to success in this sector is time. Investor’s efforts must first be based on understanding the market and then choosing the best property in terms of region and quality. Then wait, as one real estate investment expert says. “Real estate investors are the only ones who make money while they are asleep.”
We will discuss the foundations of real estate investment in Istanbul specifically because it is the backbone of life in Turkey and includes more than 20 million people, representing a quarter of Turkey’s population, overlooking both the Marmara Sea and the Black Sea, and the Bosphorus Strait includes this waterway of historical, strategic and political importance, and it is the only waterway that belongs to each bank From its banks to a different continent, it combines Asia and Europe at the same time, and leaves on each of its ends scenes that capture hearts and attract tourists from all over the world time after time each year to contemplate this unique divine creativity. Of course not, because the investment property has specific and precise conditions that only the capable real estate consultant with long experience in the real estate market is aware of, and we will talk in detail about the conditions for successful real estate investment in Turkey.
Today, buying a property at a meter price less than the average price of neighboring properties is an important opportunity and every investor must find this property to ensure a high rate of profits. The properties that achieve all the investment advantages, but the prices per meter are high compared to the region will achieve a successful investment, but not conditional on time (ie. You can resell your property only when you find a buyer who is completely interested in him, and that could be after a year or after ten years). As a practical example of this, the Serantepe Maslak area near the Istanbul Valley Mall at the beginning of 2020 included a few options of projects under construction such as the Avangart project, and the investor wishing to obtain Turkish citizenship was entitled to obtain two apartments, each with a room and a hall in this project. Today, in the middle of 2021, after the completion of the project, which is the last in this region, the investor can obtain one apartment (if available) in this project with a budget of Turkish citizenship of 250 thousand dollars, and thus the investments in this project have doubled by 100% in less than two years. Discover extra information at mehmethekimoglu.com.