Top professional real estate investment in Istanbul 2021? Today, the price per square meter in the project starts from 5800 dollars, while in the old buildings surrounding the project, which do not share the level of finishing, nor even hotel services and amenities in it, high prices start from 6500 dollars per square meter and reach more than 20000 dollars per square meter only, and that is also because Real estate in Nisantasi is sold based on the evaluation of its original owner and there is no specific limit for the price per square meter. Today, when you own your property in this neighborhood at a suitable price, you will have the opportunity to resell it later with good or even fantastic profits if you find a buyer who is completely interested in the property you own (imagine how it would be The demand for this project, which is the only hotel apartment project in this region and also with a large international commercial name).

Istanbul travel 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.

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. See more info at Ritz carlton apartments for sale in nisantasi istanbul. 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.

A location that has unique characteristics that make it distinct from the neighboring properties, and this is the cornerstone that will make this investment a successful investment, whether when renting the property or when reselling it later. The banks of the Bosphorus are strategically located in every inch of it, but the real estate near the Bosphorus, as we talked about in a previous article: What type of property should I buy in Istanbul? They are rare first-row properties suitable for high budgets above a million dollars for the rows after the first row, but what about a property in Sisli, Maslak or Kadikoy with a view of the Bosphorus? If we talk about a high and modern residential tower in these central areas with a view, even if far from the Bosphorus, then we are talking about a rare painting and therefore it is desirable, whether for rent with a high return or for resale later to an investor who loves to collect rare art paintings, contemplate this view: Even if the view was not so close, but was in the Sisli area, for example, it would also be distinctive and desirable.

No matter how ideal the proposed property seems to you to achieve your plan, there are secrets in the Turkish real estate market that are related to the past and the future, not only to the present, and therefore taking a decision based on collecting personal information is very dangerous for the security of your investment even if you resided in Istanbul before buying the property for several years, because the resident He is surrounded by many advantages for any area or property in it and he can estimate the price of the property suitable for this area, but he has not studied the past and will not be able to predict the future as long as he does not read all recent studies and closely follows the economic and political news along with the news of the Turkish real estate market. Find extra information at mehmethekimoglu.com.