The best real estate advices in Istanbul today? Are you an investor who wants to achieve a high ROI in a ready-made property without entering the risks of under-construction properties? Or are you an art buff who loves the luxury life in the most prestigious neighborhood in Istanbul, Nisantasi district, abdi ipekci street with the highest rental prices in Turkey? Either way, this project is suitable for you. Let’s get acquainted together with the Ritz-Carlton hotel apartments in the ancient Nisantasi neighborhood, which is full of international brands, which did not all meet in one place in Turkey except in Nisantasi neighborhood.
Istanbul tourism 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.
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. Find additional info on https://mehmethekimoglu.com/construction-companies-in-turkey-and-investment-in-projects-under-construction-p1/real-estate-investment-in-turkey/. The right choice for the real estate company to deal with when buying the property in Turkey is important. Many owners who had a bad experience with real estate companies think that all real estate companies are similar and that the quality of their services is similar and this is not true, which makes many people wishing to own property choose the inappropriate company. The large number of ads on the social networks that encounter owners of interest in Turkish real estate and the huge amount of incorrect information spread about real estate in Turkey.
Now the important question comes to our mind, which is how much does it cost to buy an apartment for two bedrooms in the above project? Prices for real estate with a partial Bosphorus view will start at least from 450 thousand dollars for a bedroom and a hall and from 650 thousand dollars for two bedrooms and a hall. We know that this budget exceeds the expectations of many foreign investors, but these are the logical prices for these properties, as they overlook the Bosphorus and in the Sisli district in central Istanbul, in a modern, full-service tower building. Do I need 450 thousand dollars to start a successful investment in Istanbul? Of course, not necessarily. The strategic location does not mean only real estate near the Bosphorus. Let us explain the matter simply through the following rule: “Any real estate in a strategic location (city center / near an important transportation station / near a highway / with a high rental return / distinguished from the surrounding real estate to make it easier to sell later with profits) is a valid investment property if most of the other investment bases are available”.
If you want to resell your investment property after 3 years, how do you choose it based on the high rental return?! And if you want to resell your investment property after at least 7 years, how do you buy it in a fully-developed area where there is no opportunity for development?! And if you want to resell your investment property after more than ten years, how do you accept a property with a low rental return?! If any investor asks the above questions, he will certainly say that these are self-evident matters in real estate investment and no one can fall into them, but in the reality of our daily experiences through which we witness the stories of dozens of investors, we notice that one of the above mistakes is often committed, especially if the investor’s primary goal is to obtain On Turkish citizenship without giving much attention to the type of real estate he buys, or even a careful informed investor is lured by the idea that there is no profitable investment in Istanbul and therefore he is advised to buy the least harmful real estate and this is in fact just a way to advertise bad projects The real estate consultant would like to sell In it, but the truth, through our long experience in the field, is that there are properties that have achieved more than 100% profits in less than two years. You can view them by communicating with us. See additional information at mehmethekimoglu.com.