Premium real estate market advice in Turkey today? 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 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.
The Istanbul real estate market is undoubtedly Turkey’s star performer when it comes to attracting investors from all corners of the globe. Historically, it has always been the number one destination in the country for domestic property sales, and in 2015, it overtook the Mediterranean region of Antalya as the most popular destination for foreign property buyers in Turkey. Last year, it hit a record high with 8,182 properties sold to foreigners of various nationalities and 238,383 domestic sales. But what exactly is luring domestic and foreign buyers to invest in Istanbul real estate and more importantly, will this trend last? We think so. Discover extra info at Sheraton tower in Istanbul. 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.
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.
But if your investment plan is only short to obtain Turkish citizenship (3 years), you must buy a property that has the following specifications: It is much better if it is under construction because the ready property provides a rental return at best that does not exceed 6%, while the property under construction if it is chosen correctly, achieves annual returns when sold not less than 25% and therefore it is at least 4 times better as an investment than the ready property. To achieve the law of high demand when wanting to resell it after the end of the investment period: The more the property achieves investment advantages, the higher the chances of reselling it and the possibility of achieving greater profits is more likely. At the same time, a property must be chosen so that the investment advantages do not conflict with it, for example if a property is chosen in a strategic location, which is a very important feature of the advantages of a successful investment, but After 3 years, when it was resold, the same area became full of similar new projects, and thus the second rule was violated, which is to maintain a small supply so that the demand is high. See extra information on mehmethekimoglu.com.