Apartment real estate experts Istanbul, Turkey in 2024: The Botanical City in Basaksehir is an inspiring model for sustainable development in cities. The city’s vision reflects its commitment to protecting the environment and promoting the balance between nature and urbanity. The presence of plants and green spaces in the city enhances the health and well-being of residents and works to create a more attractive and sustainable environment for everyone. Başakşehir is a distinctive destination for visitors and residents who want to live in a renewable and sustainable urban environment with great interest in plants and nature. The Botanical City in Basaksehir is a pioneering urban project designed to create a sustainable and eco-friendly environment by incorporating green spaces throughout the city’s infrastructure. This innovative concept promotes urban gardening, improving air quality, providing shade, reducing heat, and enhancing the city’s aesthetic appeal. The city encompasses walking and cycling areas, gardens, parks, schools, hospitals, malls, restaurants, and cafes, catering to residents’ needs and quality of life. Read even more details on https://righthome.com.tr/en.
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.
Turkey tourism is one of the top reasons to invest in Turkey. Also known as Shisha or waterpipe, Hookah lounges are very popular in the city. Dave and I are ardent non-smokers, but to visit Istanbul without giving a Hookah a try would be criminal. Hookahs are flavoured tobacco smoked through a water pipe. It became popular in Turkey in the 17th century and was a status symbol for those in the city. You cannot visit Istanbul without experiencing the weird and wackiness of a Turkish Bath, also known as a traditional hammam. Be prepared to strip down to your birthday suit and have strangers vigorously bath and massage your entire body after a hot steam bath. It can be painful, strange, and heavenly all at once. You may or may not like it, but I can tell you one thing for sure, you will never forget it.
We discussed the reasons for the rise in real estate prices in Istanbul previously, and then we clarified the real reasons for the rise in prices, such as the high cost of construction materials, an increase in shipping costs, supply chain problems, and also the continued decline of the Turkish lira against the dollar. But apart from these real reasons, there are additional reasons that led to an exaggerated increase in prices in some projects in certain areas of Istanbul, in the hope of real estate developers to obtain additional profits, but with the passage of time and weak demand, especially for this type of real estate, the prices of which we see today are returning to normal prices. As before . Important notes before talking about these projects: The increase in the minimum amount for obtaining Turkish citizenship from $250,000 to $400,000 led some real estate developers to think that this is an appropriate opportunity to sell the property whose value was $350,000, at a price of $400.000 or $420,000 to become suitable for Turkish citizenship. Discover additional info at https://righthome.com.tr/.
We heard from some real estate owners in the recent period that real estate investment in Istanbul is a losing investment, and if it’s not been for the goal to obtain Turkish citizenship, they would not have bought real estate in Istanbul. Is this true? Is it necessary to obtain Turkish citizenship to sacrifice $ 250.000 to buy unprofitable real estate? It is no longer a secret to anyone that the real estate market in Istanbul is witnessing continuous prosperity and escalating growth that does not stop or decline. Let us leave the theoretical talk and see the statistics issued by the official Turkish Statistical Centre.
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 are dedicated to giving you the very best experience finding the Right Home! We have a team of real estate consultants, who are available for you for any needs that might arise. 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.
Focus first on legal information, followed by specific areas. Do not accept any real estate consultant who asks how many rooms you want and then starts sending dozens of random offers. Choose your sources and advisors based on the valuable information they provide, and do not be swayed by the attractive facade of someone who speaks with you without offering useful information. In the end, your successful investment is your goal. The presence of an active blog section on the website of the real estate consultant you are dealing with is an indication that the experiences of this company are genuine, and you can assess their depth through the depth of the content you read.
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.
We can not deny that real estate companies do not work to make money, but the idea promoted in the real estate circles that companies earn a lot of commissions in Turkey is wrong, and because commissions in the real estate sector vary from one company to another there is no fixed commission and the average commission obtained by companies In Turkey is 3% of the price of the property and they get this commission from the construction company of the project and not from the client. There are a lot of costs to real estate companies in the Turkish market, which makes the margin of profit low , including the high taxes of the Turkish government and other expenses related to the sale.
Choosing the right property from the beginning will make the process of renting it out easier and help you achieve the highest return on your investment. Selecting the right property from the beginning will make the process of reselling it and ending your investment when you want to much smoother. Having a specialized legal team is essential when dealing with the company to protect your investments in Turkey. A real estate agent who does not respond to your logical requirements as part of their after-sales services should not be relied upon for your next investment.