High quality real estate market experts Istanbul, Turkey: The People’s Park Project at Ataturk Airport is an innovative undertaking designed to establish an extensive green area within Istanbul’s Ataturk Airport. This visionary project seeks to provide travelers and visitors with a serene outdoor space where they can unwind and enjoy nature before or after their flights. Crucial information about the People’s Park Project at Ataturk Airport includes: Location: A designated area within the airport has been earmarked for the creation of the park, with a vision to craft a verdant oasis in the heart of the city. Facilities: The project encompasses public amenities such as green spaces, trees, walking paths, benches and seating areas, fountains, and small lakes. These amenities aim to cultivate a tranquil environment infused with natural beauty. Discover additional details on turkey real estate market.
Properties located away from the city center, such as Istanbul suburbs, typically have longer investment cycles (at least five years) before significant improvements in infrastructure and increased demand are noticed. The duration varies depending on the exact location and demand, both in the near (5 years) and distant (over 10 years) future. Anticipate the future of the area, the progress it will undergo, and the supply and demand dynamics at the time you intend to complete your investment plan. Do not judge the suitability of a property’s location solely by the name of the area it’s in. For example, many properties in Istanbul’s city center, like Sisli and Besiktas, are not suitable for investment regardless of their prices. At the same time, highly successful investment properties can be found in Istanbul’s suburbs, which are often overlooked for potential investment opportunities.
Be cautious about buying properties that violate the laws because, in the near future, you will be the only loser. For example, buying a property valued at less than $400,000 but claiming it’s suitable for Turkish citizenship when the Turkish government has set a minimum of $400,000, there’s no room for manipulation at all. Be wary of advice from friends and acquaintances who have made unsuccessful real estate investments and are advising you to buy property in the same area or project, even though their investment is incomplete or unsuccessful. A successful investment is only complete when the property is sold, and thus, if one of your friends bought a property for $200,000, and its price is now $250,000, this is not considered a successful investment unless the owner manages to sell the property and complete the investment.
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.”
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.
Istanbul, Turkey 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.
All these manipulations involved not a small number of clients, and this is not surprising, because the clients want to obtain Turkish citizenship and do not have a deep knowledge of the foundations of real estate investment in Istanbul, and unfortunately, they did not have the opportunity to speak with a capable real estate consultant with long experience in this market. Real estate investment in Istanbul does not depend on the number of properties that you will get within a budget of $ 250.000, not even on the large number of meters in your commercial store in a remote area, which you will not be able to rent with a high return, nor even sell it later, also does not depend on the number of rooms you have acquired when you buy an old property in an area far from the places of high demand for renting at high prices or selling later (not to mention the fact that the old properties have a real estate appraisal less than their real price and therefore real estate worth 250-300 thousand dollars is often not enough to provide an appropriate assessment of Turkish citizenship and therefore the investor has to purchase additional real estate to complete the real estate appraisal amount). Find even more details at https://righthome.com.tr/.
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. The perfect place to witness the trace of emperors in Istanbul is Hagia Sophia. It was built in 537 AD, the impressive building first served as an Orthodox church, but after the Ottoman invasion, it was turned into a mosque in 1453. In the 20th century, the government decided to secularize Hagia Sophia and declare this historic building as a museum. It was first opened on February 1, 1935. The highlight of this Istanbul landmark is the massive dome. With 102 feet in diameter and 184 feet in height, the dome of Hagia Sophia is considered as the marvel of architecture in that timeline.
Today our real estate consultant can describe to you the areas of Istanbul and the projects that may interest you to own them accurately as if you are on a real tour, and when you like one of our projects, we will have a virtual real estate tour and visit the project and get to know the surrounding area and the advantages of private investment in it or housing in case your goal is a residential property. Through the video calls, we will show you everything and carry out the negotiation processes. When we get the appropriate option, we sign the contract. This virtual process does not diminish from the real process except for the handshake that we used to do with the client when the deal was completed.