Premium apartment real estate agency Istanbul, Turkey
Real estate investment agency Turkey right now: What are the profit rates for real estate investors in Istanbul through Right Home? When our real estate consultant over the phone explains the areas of Istanbul, how to invest, the best projects in each area, and the best options in each project, the customer becomes aware of the investment mechanism and how to profit in the Turkish real estate market, and when the customer meets when he comes to Istanbul immediately with the sales representative of Right Home, he will immediately feel that every second of his time is being used correctly and only projects that are suitable for his request and that achieve high returns on investment are offered to him. Read additional information on invest 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.
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.
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.
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 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.
Many real estate investors understand that investing in off-plan properties can achieve the highest capital appreciation, as mentioned above. However, they make a simple but devastating mistake when choosing a location where prices have already significantly appreciated or where resale opportunities are nearly impossible. Regardless of the capital appreciation achieved, investing in a property with an unsuitable location can result in losing most or all of the returns obtained by the investor. Therefore, choosing the right location is the starting point for selecting a sound investment property. Forms of real estate investment have diversified, driven by the failure of some real estate brokerage companies to demonstrate the true beneficial investment to the client. Sometimes, there are offers to invest in land located at the ends of the Istanbul Canal, and the price per square meter of suitable land for construction can reach $200 today. However, this is merely an idea, and it could take 50 years from now to develop these lands when the Istanbul Canal project is completed, or the project could be postponed entirely. If the investor is aware of this point and understands that reselling the land currently is impossible and aims to invest for their descendants, there is no problem. However, from our daily experience, many investors believe that the prices of these lands will multiply fivefold in the coming years!!
The Think Tepe project in Kadikoy reflects the commitment of the local government and investors to transform the region into an advanced urban center that meets the needs of the population and promotes comprehensive development in the region. The Fikre Tepe project is expected to have a positive impact on the local economy, tourism, and quality of life in the region, and represents an inspiring model for city development in Turkey and other regions. The Kartal Real Estate Transformation Project is a notable urban initiative aimed at modernizing and developing the Kartal district in Istanbul, Turkey. Kartal, situated on the Asian side of Istanbul, is a pivotal component of the city’s urban rejuvenation strategy. This ambitious project encompasses a comprehensive overhaul of infrastructure and the enhancement of public amenities and services within the region. Collaboration between local authorities and private investors is at the heart of this endeavor, with the shared goal of advancing economic and societal progress within Kartal.
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. Istanbul is the capital of Turkey and one of the popular tourist destinations worldwide. The rich culture and glorious history attracts many to visit this one of the largest cities in Europe. Beautiful city Istanbul is a complete historic city where the main attractions are many years old mosques and churches. Some topmost must-see landmarks are Sultan Ahmed Mosque, Hagia Sophia, Topkapi Palace, and Ortakoy Mosque. The traditional Grand Bazaar became an iconic must-visit popular market for tourists in Istanbul. And this market is also one of the largest and oldest markets in the world. Another popular and historical activity in Istanbul is Turkish Baths. There are many hamams or Turkish bathhouses you might like to try for the first time during your trip.
Try to combine multiple advantages when choosing an investment property location. For example, a property in central Istanbul, close to an upcoming transportation hub, and near an important university offers multiple benefits that can result in a successful resale. Choosing a premium location without evaluating the price per square meter at the same time may lead to purchasing an excellent property in an excellent location at a price higher than the market, making resale difficult. This is a common issue with upscale towers in central Istanbul.