High reputation real estate advices in Turkey 2021? The investment importance of this project? The central location in the most prestigious neighborhood in Istanbul, Nisantasi neighborhood, which includes the luxury shopping street that is required throughout the year for the high class (willing to pay a high rent or buy the property from you later at a high price), and at the same time full services surrounding it of specifications, centers, historical landmarks and old neighborhoods It is a huge fortune for lovers of art and originality. The current prices for the project are competitive, as the project is due to be delivered at the end of 2021 and therefore 6 months from the date of writing this article to ensure that the finishing touches are provided with high efficiency commensurate with the concept of The -Ritz Carlton.
Istanbul tourism 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 extra info at https://mehmethekimoglu.com/bomonti-residence-by-rotana-in-istanbul/real-estate-investment-in-turkey/. And we belief in the role of real estate companies in providing the right information for those interested in real estate investment and the spread of investment awareness about Turkish real estate, that’s why our company Extra Property publishes educational articles about ownership in Turkey and the most important information that the owner needs during the ownership or investment in Turkey. In this article, we will highlight the most widespread misinformation about real estate in Turkey.
We will talk in detail about the foundations of successful real estate investment: To take an example of a strategic location for a lower budget, we have the Kayethane area, from which a new metro will be launched in 2022 that will reach Istanbul Airport and thus be the first metro to reach the new airport and from it anyone who wants to go to the new airport by metro will have to cross in this area This is a sure sign that the demand for it will rise for rent and resale So let’s go to Kait Hana and get any property close to the new metro station and thus achieve a profitable investment in a 100% guaranteed,,, I wish it was that simple, in fact in Kait Hana area itself there are many new projects and also there are a large number of old buildings and of course Most of them are not suitable for a successful real estate investment, why? Because the strategic location means uniqueness, and therefore the property that you will buy must also have specifications that make it unique, and in this way it will be in high demand for rent and profitable when reselling it later. Follow the rest of the foundations of successful investment to better understand this point.
Kayasehir area, which is an extension of the Basaksehir area, is considered one of the closest modern areas to Istanbul’s modern airport, as shown on the map below But it never constitutes an investment area. Why?The answer is simply look at dozens of identical buildings that share the same features in terms of location, specifications and views. There are dozens of them in each neighborhood, and therefore the supply in this area is very high, and this in turn, according to the basic rule in the economy, will make the demand low. Thus, rental prices and resale later will not achieve high investment feasibility. And what is the alternative to that? At the moment we write this article, the tempo city project is considered one of the best investment projects in the Kait Hana area in order to achieve the strategic location point and also the neighboring properties do not share with it the same features and this is the second important rule in real estate investment. Note that the project is opposite a very important mall in the area. On the one hand, gardens and green spaces, on the back are commercial buildings, and on the far side we have old buildings that do not share the same specifications with it, and therefore it achieves the principle of uniqueness and lack of supply, and therefore the demand for it will be high in the future. Read more details at mehmethekimoglu.com.