Excellent real estate advices in Istanbul 2021

Excellent real estate news in Istanbul 2021? 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.

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. Read even more information on is buying real estate in Turkey a good investment?. There are many real estate companies that are working to provide quality in all its services for those wishing to buy property in Turkey, which is working to strengthen the sources of information and you can inquire about these companies at the investment section of your embassy in Turkey to make sure that the company is good. Unfortunately, many people believe that there are cheap properties in Istanbul. This is not true. There are no cheap properties in Istanbul. We can call them lower quality properties. Many real estate companies that are interested in selling only are responsible for marketing this Illusion to its customers in order to increase sales only.

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.

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. Discover more info at https://mehmethekimoglu.com/.