Top rated real estate investment agency Turkey: The property with two rooms and a hall, its normal price, for example, in Beylikduzu, is 250 thousand dollars within a residential complex that is less than 10 years old. Today, due to weak demand, the owner (instead of postponing the idea of selling because the market is now suitable for buying only and without an urgent need) reducing the price To 200,000 dollars, and when he is unable to sell the property, he lowers the price again to 150,000 dollars, and after he sells, he checks the market to find that the amount he got is not suitable for buying a better property as he thought, then he invests this money in a field other than real estate, and so he loses The most solid and grateful investment sector for him!. Discover additional information at https://righthome.com.tr/en/blogs/1691754892/when-to-sell-your-property-in-Turkey-.
Choose properties in cities with high demand, such as Istanbul, and avoid other cities where resale possibilities are nearly impossible. Even in Antalya and the southern coast, despite high demand for vacation homes, the likelihood of resale with a substantial profit is very low. The earlier a property is in the construction process, the greater the expected capital appreciation upon completion, but the risks are also higher at the same time. If the property lacks investment advantages that set it apart from neighboring properties in terms of price per square meter or other existing or future amenities, it fails to fulfill the primary investment principle of uniqueness.
Do not underestimate the advice of the company’s legal team, especially if you intend to apply for Turkish citizenship. We have heard of cases where clients did not follow their lawyer’s recommendations, resulting in delays in obtaining Turkish citizenship. Sometimes, Turkish citizenship can be revoked for children who have crossed the age of 18 due to negligence, either on the part of the brokerage company or, more often, the investor themselves.
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.
Whereas London is already one of the world’s premier cities, the Turkey 2023 vision plan aims to boost Istanbul to equal status, and this gives real estate investors the edge. In 2016, Barnes International also ranked Istanbul as the number one city for potential. Gone are the days, when we buy a house for life. Changing lifestyle habits as well as work and career commitments means selling a house is just as important as buying it. Studies say current generations will own an average of three different houses in the lifetime, hence buyers are also hedging their bets when it comes to selling and that is where the Istanbul real estate market steps up.
Istanbul, Turkey tourism is one of the top reasons to invest in Turkey. Considerably smaller than the Grand Bazaar, the Spice Bazaar is home to around a hundred shops selling dried fruits, nuts, spices, tea, Turkish Delight, and other goodies. Both are walking distance from Sultanahmet Square. Follow the link for a DIY walking tour of Istanbul’s Bazaars and Rustem Pasha Mosque, a small but beautiful mosque near the Spice Bazaar. You can easily visit the Grand and Spice Bazaars on your own but if you’d like to go on a guided tour, then you can book one through Get Your Guide. Having a guide will be helpful, especially at the Grand bazaar because it’s so big. Follow the link to check out Get Your Guide’s Grand and Spice Bazaar tours.
What is the reason for the failure of real estate investment in Istanbul for some clients? We mentioned at the beginning of the article that the real estate market in Turkey in general and in Istanbul in particular is witnessing a great prosperity, and this prosperity is accompanied by the entry of hundreds of inexperienced real estate consultants who rely on playing with the feelings of the client and misleading him by offering non-investment offers as the best investment in Istanbul (such as buying 6 Apartments at the price of Turkish citizenship, or buying a large commercial store in a remote area, buying an old independent house, or buying agricultural or residential land, so that its price will multiply hundreds of times when the new Istanbul Canal is established).
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 take great pride in being more than just another real estate agency. We aim to develop long-lasting relationships with our clients by offering exceptional services and meeting customer’s utmost satisfaction. Lying under the city of Istanbul is the world’s most extensive ancient cistern system, named Basilica Cistern. The Basilica Cistern consists of hundreds of old cisterns built in the 6th century under the order from Emperor Justinian I, the Byzantine ruler at that time. Basilica Cistern is located about 150 meters southwest of Hagia Sophia. The cistern is standing on an area of 9,800 square meters, and it was able to hold up water up to 80,000 cubic meters, enabling it to provide clean water to Great Palace of Constantinople and other buildings on the First Hill. The Basilica Cistern was mistreated during the Ottoman Empire. In 1985, the Istanbul authority decided to clean the site and turned it into one of the most famous Istanbul tourist attractions. The impressive construction and the history of the building have attracted many tourists in Istanbul.
Let’s start immediately with the advantages of Right Home and talk about them in detail: The principle of work of real estate marketing companies in Istanbul is the well-known principle of mediation in any field of trade or services, where the broker is given a specific commission from the seller in the case that the deal is completed on the condition that the customer receives the same price without any increasing. Thus, if the customer decides to buy the property himself or with a real estate marketing company, the price will be the same, only the customer will lose the services of the marketing company before, during and after the sale, which is very important, especially if the customer is interested in obtaining Turkish citizenship. Find even more information on https://righthome.com.tr/en/home.