Apartment for investment solutions Turkey with righthome.com.tr: Our goal in presenting these statistics is to clarify that the number of properties sold in Turkey, of which Turkish citizens constitute 97%, while the share of foreigners is only 3%, as shown in the figure below for the number of properties sold to foreigners in Turkey (compared during March 2021). From this we conclude that the vast majority of real estate was sold in the local market, and this clearly means that the Turkish real estate market is a profitable investment market, otherwise there would not have been an increased demand for new real estate purchases, especially under construction by Turkish citizens (who do not seek citizenship but a net investment 100%). Read more details at Turkish citizneship by investment.

Anyone interested in the Turkish real estate market and conducted a quick search will realize that in modern projects that are sold for the first time, the prices are consolidated in lists that are updated monthly or bi-monthly and circulated to real estate brokerage companies and thus the prices are in unified lists, so how can Right Home give you prices cheaper than market rates? It is true that the primary price lists are standardized, but negotiating upon the completion of the deal is a skill and we are extremely professional in that. Our sales specialists can obtain a better price or a more flexible payment plan for you. Also our good and branching relationships in the real estate market have a great role during negotiations, and finally, the large number of deals we do makes the negotiation process easier and more fruitful when the project manager that our client wants to own realizes that we have achieved many deals in the same project and thus we get a high and real discount of up to 30%.

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.

Beware of scams that are often designed not to steal your money directly but to make unrealistic promises that cannot be fulfilled in reality, such as a guaranteed 10% permanent rental return or profits of up to 300% within two years, and so on. Be cautious of offers that come with a gift wrap, as they are often (but not always) a deception, such as a guarantee of renting apartments for three years in regular apartments. What happens after those three years? Or offers like buying land near the Istanbul Canal and selling it at double the current price after two years. Be aware that if the square meter price actually increases, the abundance of such offers will prevent you from achieving the desired profit. Or offers like buying two apartments for $400,000 in total, claiming they are suitable for Turkish citizenship.

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.

Istanbul tourism is one of the top reasons to invest in Turkey. The Galata Tower offers beautiful views of the city. It is located just North of the Golden Horn in the Galata Quarter. We stayed in an apartment looking right up at this tower and it was breathtaking. It is 9 stories high with a restaurant cafe and nightclub. You can take tours up to view the city. There’s a great square at the base of the Galata Tower where you can enjoy some Turkish Coffee and Turkish Delight while people watching on the terrace.

The follower of the real estate market in Istanbul since 2017 is fully aware that the first feature on which the projects of the Basin Express area are promoted is that it is close to Ataturk Airport (currently closed after the opening of the new Istanbul Airport in the north) This same point must be kept by the real estate investor in his eyes when searching for his next investment property and to check these advantages of the project, whether they are continuous or fleeting with time. With this view, the investor can discover and evaluate new offers in the event that there are promising projects that will be implemented for sure during the investment cycle he is considering. For example, the Istanbul Canal project, which has been discussed since the 16th century until now, has not actually started. It is illogical to buy real estate or land close to the canal in order to benefit from the canal project during the next five years (knowing that the canal project, if started, needs 10 years to be completed). implement it) Also, the investor who buys agricultural land for the purpose of organizing its housing, whether it is near the Istanbul Canal or in any other area, must be fully aware that investing in agricultural lands is a long-term investment whose results cannot be harvested before 15 to 20 years, and sometimes more.

It’s important to note that Istanbul’s public transportation system remains highly efficient even during rush hours, making it easy to move around the city. Even the longest transportation line, the Marmaray Metro (spanning 80 km), offers tickets for less than a dollar. The fusion of modern technology with reasonable prices in Istanbul’s public transportation system is a fundamental pillar of real estate investment. This combination reinforces the investment potential and creates a more attractive environment for prospective investors. Using public transportation is a delightful experience in Istanbul. For instance, when traveling from the Eminonu or Besiktas areas to the Asian side in Uskudar or Kadikoy, transportation means include ships, which also offer tourists a scenic tour. Notably, Istanbul’s transportation network is not confined to the city center but is continually expanding in all directions. Even in the central areas, there is ongoing development to connect new lines to sub-neighborhoods.

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 are dedicated to giving you the very best experience finding the Right Home! We have a team of real estate consultants, who are available for you for any needs that might arise. The summers in Istanbul are scorching, and the winters here can be snowy. Therefore, the best time to go to Istanbul is during the spring (April – May), during which the sky is clear, and the weather is beautiful. The fall season will also give you a pleasant temperature, so another best time to visit Istanbul is from September to mid-November. Many people come to Istanbul for their summer vacation. The weather during this season is quite lovely, though it can be warm sometimes. And, during the summer, the city is packed with lots of tourists, so it will be more difficult to enjoy all those Istanbul tourist attractions. The rates of hotels in Istanbul are also rocketing during the summer.

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.