Top real estate market advice in Turkey 2021? The law of supply and demand, which makes the project an investment opportunity, is fully realized here, because most of the apartments in Nisantasi are old apartments and do not include the luxuries found in this project. It is highly investigated here. The project includes for options of 3 rooms and a hall and above, views of the Bosphorus are closer and better than the views of the Sisli projects, and if it were not for the views of the Besiktas area itself (which is located below Nisantasi on the Bosphorus side), the project’s view of the Bosphorus would have been the best ever. As for public transportation, the osman bey metro station is 800 meters from the project, and the sisli metro station is 1,500 meters from the project.
Istanbul 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.
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. Find even more information on Ritz carlton apartments for sale in nisantasi istanbul. The purchase of real estate in Turkey requires a lot of effort, especially for those wishing to own property for the first time or for big investors. The Turkish real estate market is changing rapidly and all its players need full awareness of the market and its future directions. Given the many information available on the Internet about investment or real estate in Turkey, this raises doubts about the credibility of companies that put this information on platforms and accounts on social networks.
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?
If your investment plan is long, you must exclusively obtain a high rental return, otherwise your real estate investment will not be ideal. The question here is how do I know that the rental return for a property is considered high? We always advise dealing with a professional real estate broker because calculating the long-term rental return depends on many intertwined matters, including: Preference for real estate with rapidly growing rental income based on real data from infrastructure development and general improvement in the region. The high rental yield should not negatively affect the price of the property when reselling in the future. That the property is easy to rent and that the investor does not have to keep his property without a tenant for several months to find a tenant who is able to pay the promised rental return. A geographical analysis of the area chosen by the investor and what is the future expectation for it, according to the studies. Is the neighborhood in which the property was chosen is promising for growth with time, or will it become obsolete? What are the bases that will make your property in demand in the future when you finish the investment and want to sell it? Find extra information on mehmethekimoglu.com.