Excellent real estate market advice in Turkey 2021? The investment importance of this project? The central location in the most prestigious neighborhood in Istanbul, Nisantasi neighborhood, which includes the luxury shopping street that is required throughout the year for the high class (willing to pay a high rent or buy the property from you later at a high price), and at the same time full services surrounding it of specifications, centers, historical landmarks and old neighborhoods It is a huge fortune for lovers of art and originality. The current prices for the project are competitive, as the project is due to be delivered at the end of 2021 and therefore 6 months from the date of writing this article to ensure that the finishing touches are provided with high efficiency commensurate with the concept of The -Ritz Carlton.
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.
Growing neighbourhoods like Kucukcekmece and Beylikduzu offer all the benefits of city life with easy access to shopping, nightlife and transport links. Yet they eliminate all the hustle and bustle by sitting on the outskirts, therefore providing more of a suburban feel than city dwelling. While the shores of the Bosphorus and areas like Sisli still remain the elite of Istanbul real estate markets, neighbourhoods like Esenyurt and Buyukcekmece with these new branded lifestyle projects are enabling the growing middle class to become real estate investors for less than £100,000 for properties in Istanbul, especially now with the current exchange rate between the Turkish lira and dollar that edges everything to a buyers advantage. See additional information on Sheraton tower in Istanbul. Many beginners in real estate investing in Turkey are looking for quick profit, which makes them rush in their decisions and they often end up in loss. The real estate sector is one of the most growing sectors in Turkey which provides all investors with a good investment return, but the key to success in this sector is time. Investor’s efforts must first be based on understanding the market and then choosing the best property in terms of region and quality. Then wait, as one real estate investment expert says. “Real estate investors are the only ones who make money while they are asleep.”
Is buying real estate in Turkey a good investment? It has been known since ancient times that owning real estate is the safest and most sustainable type of investment, as it is not a commercial project whose era ends and is replaced by a new commodity, nor is it a digital currency that may double in value per month, but one day you can wake up to find everything you own is worth nothing. Real estate represents a basic need for man, no matter how times change and technology develops, and it cannot be dispensed with or replaced. The shape of the property can change, but its basic value is protected, and today in the Turkish real estate market in general and in Istanbul in particular, foreign investors are increasingly interested in obtaining real estate in Turkey and benefiting from the law Turkish citizenship (when buying a property or a group of properties worth 250 thousand US dollars, the buyer, his wife and children under the age of 18 become eligible to obtain Turkish citizenship for free and within a period not exceeding 100 days).
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. Read extra details at mehmethekimoglu.com.