The best real estate advices in Turkey right now? Today, the price per square meter in the project starts from 5800 dollars, while in the old buildings surrounding the project, which do not share the level of finishing, nor even hotel services and amenities in it, high prices start from 6500 dollars per square meter and reach more than 20000 dollars per square meter only, and that is also because Real estate in Nisantasi is sold based on the evaluation of its original owner and there is no specific limit for the price per square meter. Today, when you own your property in this neighborhood at a suitable price, you will have the opportunity to resell it later with good or even fantastic profits if you find a buyer who is completely interested in the property you own (imagine how it would be The demand for this project, which is the only hotel apartment project in this region and also with a large international commercial name).
Istanbul, Turkey travel is one of the top reasons to invest in Turkey. With the majority of tourist attractions located on the European side, most first-time travelers to Istanbul don’t venture into the Asian side of the city. Had it not been for Ciya Sofrasi and Walter’s Coffee Roastery, then we wouldn’t have gone there either. Home to a maze of cafes, bars, restaurants, and some trendy neighborhoods, the Asian side has much to offer and is well worth a day if you can spare it. We traveled around Turkey for two weeks so we went to these places on our own, but if you don’t have as much time, then you can visit them on day trips from Istanbul as well. Domestic flights are inexpensive and efficient in Turkey, making these day trips to other regions highly possible.
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 extra information on Vadi Istanbul apartments for sale. 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.
Returning to the title of the article: Is buying a property in Turkey a profitable investment? But the investor, regardless of his field of work, will want, in addition to obtaining Turkish citizenship, to obtain a profitable real estate investment, especially since one of the conditions of Turkish citizenship is to pay the full amount without installments and pledge not to sell real estate for 3 years from the date of its purchase, and therefore this amount is frozen for a period of time and time is with the investor It means money and therefore if this period of time will pass without making profits, this means that this investment is a loser. Many investors in the Turkish real estate market (the percentage of Turkish investors in the Turkish real estate market compared to foreign investors from all over the world is between 98% and 99% of the entire real estate market) want to have a successful investment regardless of the law of obtaining Turkish citizenship in exchange for buy real estate worth 250 thousand dollars, Therefore, this market is definitely vital and investment, but can we consider each property as an investment property in Turkey in general and in Istanbul in particular?
To ensure that your investment is made feasible to the fullest extent after fulfilling the above conditions, it is necessary to choose a property that includes an opportunity in terms of price as well, not just specifications, because the property you get at a price lower than the market price with a valid investment expectation, this means that you will earn twice as much. We do not deny that many real estate consultants are able to offer you opportunities for real estate with a price per square meter lower than its neighbors with the same specifications, but the question is how many real estate consultants are able to choose a property that applies the above conditions combined? See more info on https://mehmethekimoglu.com/.