Apartment for investment agency Istanbul with righthome.com.tr: Tips related to the concept and principles of real estate investment: The chosen property should align with the primary investment objective, whether it relies on capital appreciation in projects under construction for resale upon completion or focuses on high rental yields that can attract rental income significantly above the modest rental yields commonly found in Turkey. Profit calculations cannot be accurately assessed until the completion of the real estate investment and the sale of these properties according to the required timeline. For example, purchasing a property for $200,000 and earning an annual rental return of $10,000 does not mean you’ve made a 25% profit after five years. Your real profit only materializes when you manage to sell the property. Upon selling it for $250,000, you’ve actually realized a $100,000 profit – $50,000 from rental income over five years and $50,000 from the difference in purchase and sale prices, equaling a 100% return on capital over five years. Find extra information on Villas for sale in Turkey.

A big difference between the meter price of the new property and the relatively old one – It is known that the most famous type of real estate investment is made in Istanbul by buying a property under construction and reselling it later upon delivery with a profit of up to 25% annually if the property is chosen correctly. But what if you find that the property under construction has a higher price per square meter than the ready property (with the same specifications, services, and level)? This is what we found clear in many projects within the areas that we mentioned above. Thus, there is a very large pressure to sell ready-to move real estate, which makes the price of the new real estate under construction unattractive to the investor. But what about the central areas such as the neighborhoods of Sisli, Nisantasi and Bomonti and the real estate near the highway and the Seyrantepe near the vadi Istanbul Mall and Beyoglu near Taksim Square? Certainly, these are central areas where demand is always high, and therefore you cannot find this imbalance in them. And if you want to own a property in it, there is no need to wait because waiting for the best opportunity is wasting today’s opportunity, which is undoubtedly the best tomorrow.

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.

Flexibility is required when you come across a property that suits you almost perfectly but is slightly above your budget. Also, if your plan is to sell a property you bought three years ago this year, but the market is suffering from inflation and stagnation this year, selling your property despite that will result in the loss of your profits or a significant portion of them. Thus, the time of stagnation is a time for buying new properties at reduced prices or waiting, and it is never the right time to sell your property.

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.

Istanbul travel is one of the top reasons to invest in Turkey. Also known as Shisha or waterpipe, Hookah lounges are very popular in the city. Dave and I are ardent non-smokers, but to visit Istanbul without giving a Hookah a try would be criminal. Hookahs are flavoured tobacco smoked through a water pipe. It became popular in Turkey in the 17th century and was a status symbol for those in the city. You cannot visit Istanbul without experiencing the weird and wackiness of a Turkish Bath, also known as a traditional hammam. Be prepared to strip down to your birthday suit and have strangers vigorously bath and massage your entire body after a hot steam bath. It can be painful, strange, and heavenly all at once. You may or may not like it, but I can tell you one thing for sure, you will never forget it.

It is worth noting that this process is usually expensive, especially if the lawyer is fluent in a language other than Turkish and has experience with topics of interest to the foreign investor exclusively in Turkey, but at Right Home we do not charge any fees for legal advice. As for the transaction of Turkish citizenship through investment, usually the costs of the lawyer who will prepare the papers and submit the application are about 4 or 5 thousand dollars, but at Right Home we have a valid offer until the date of writing this blog as we fully cover the fees of lawyers for clients who bought through our company and want to obtain Turkish citizenship. Discover more details on righthome.com.tr.

The result is that one of Right Home’s clients received an investment with a profit rate of 110% in just two years, and this in investment science is symbolized by ROI = 55%, which is a really high percentage, especially if we know that this percentage was calculated for the US dollar and not for the Turkish lira. The investment was the purchase of an apartment under construction in an investment project in Sisli two years before the date of writing the article, equivalent to $ 150.000, and today the value of this same apartment is about $ 315.000, two years after the start of this investment. The good news is that this project is constructing a new tower with the same specifications as the first investment tower, in which opportunities can be seized now.

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. Blue Mosque is another great spot for sightseeing in Istanbul. The official name of the mosque is Sultan Ahmed Mosque. It is famously known as the Blue Mosque because the ceiling of the mosque is lined with blue tiles. Another prominent feature of this mosque is the six minarets. The Blue Mosque began to be built in 1609. The construction took seven years to finish. Sultan Ahmed, I ordered the making of this mosque; Thus, the mosque gained its official name. This Istanbul tourism highlight is still an active mosque. People go to pray in the Blue Mosque. Visitors are allowed to enter the mosque every day from 9 AM to 6 PM except during prayer times. There are five prayer times every day, and each prayer time usually takes 30 minutes to conduct.

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.