Apartment for investment services Istanbul with righthome.com.tr

Real estate investment services Istanbul, Turkey with righthome.com.tr: Initiatives implemented in the Think Tepe project include infrastructure development, including improving the road and public transportation network and providing modern water, sanitation and electricity facilities. The project is designed to improve the quality of life and provide comfortable and integrated services to local residents and visitors. In addition, the project includes the construction of business and commercial centers and entertainment and leisure areas. These facilities aim to enhance economic activity, provide job opportunities in the region, and create a vibrant and prosperous urban environment. Cultural and heritage elements are also included in the Tepe Thought project. Important historical and architectural sites in the area have been preserved and rehabilitated into tourist and cultural attractions. The project also seeks to promote culture and arts and provide spaces for cultural performances and events. Read extra information at istanbul real estate investment.

Many real estate investors understand that investing in off-plan properties can achieve the highest capital appreciation, as mentioned above. However, they make a simple but devastating mistake when choosing a location where prices have already significantly appreciated or where resale opportunities are nearly impossible. Regardless of the capital appreciation achieved, investing in a property with an unsuitable location can result in losing most or all of the returns obtained by the investor. Therefore, choosing the right location is the starting point for selecting a sound investment property. Forms of real estate investment have diversified, driven by the failure of some real estate brokerage companies to demonstrate the true beneficial investment to the client. Sometimes, there are offers to invest in land located at the ends of the Istanbul Canal, and the price per square meter of suitable land for construction can reach $200 today. However, this is merely an idea, and it could take 50 years from now to develop these lands when the Istanbul Canal project is completed, or the project could be postponed entirely. If the investor is aware of this point and understands that reselling the land currently is impossible and aims to invest for their descendants, there is no problem. However, from our daily experience, many investors believe that the prices of these lands will multiply fivefold in the coming years!!

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.

Do not underestimate the advice of the company’s legal team, especially if you intend to apply for Turkish citizenship. We have heard of cases where clients did not follow their lawyer’s recommendations, resulting in delays in obtaining Turkish citizenship. Sometimes, Turkish citizenship can be revoked for children who have crossed the age of 18 due to negligence, either on the part of the brokerage company or, more often, the investor themselves.

We can not deny that real estate companies do not work to make money, but the idea promoted in the real estate circles that companies earn a lot of commissions in Turkey is wrong, and because commissions in the real estate sector vary from one company to another there is no fixed commission and the average commission obtained by companies In Turkey is 3% of the price of the property and they get this commission from the construction company of the project and not from the client. There are a lot of costs to real estate companies in the Turkish market, which makes the margin of profit low , including the high taxes of the Turkish government and other expenses related to the sale.

Even though Istanbul has always been one of the major cities of the world, both historically and in modern times, it is still an infant of the globe’s real estate market. Neglected for many years because of a dismal economy, lack of financing and credit, as well as substandard urban infrastructure, it wasn’t until the turn of the century that the government started to modernise the real estate market of Turkey to bring it inline with other destinations of the world. The result is that buyers are cashing in while it is still young and overall, property anywhere in Turkey has enormous potential when it comes to capital growth. According to the stat crunching portal Numbeo, prices per square meter in London range from 677% to 862% higher than Istanbul.

Istanbul, Turkey travel is one of the top reasons to invest in Turkey. Visited by nearly 3 million people daily, Istiklal Avenue is the beating heart of the city of Istanbul. This 1.4 km long pedestrian walkway houses everything from cinemas to nightclubs and boutiques to cafes. It’s also here that we tried our first Turkish Delight treats and bought some much-needed medication from the pharmacies. If you don’t feel like walking, you can take the historic tram all the way to Taksim Square to view the monument of the republic.

As for the question: Should we sacrifice $ 250.000 in order to obtain Turkish citizenship? Also, the answer has become clear as long as local citizens represent the vast majority of buyers of new real estate in Turkey. This means, on one hand, that this market is an investment, and therefore the idea of losing $ 250.000 in order to obtain real estate is a wrong idea and we will discuss its reasons shortly, and on the other hand, building a market for foreigners in order to mislead them as long as they constitute at best only 3% of the Turkish real estate market will not happen. After we have provided the proven answer with evidence of the feasibility of real estate investment in Istanbul, we now move to more detail to mention the profit rates for real estate investors in Istanbul through Right Home Company, but before that it is necessary to explain the reason for the claims made by some recent real estate owners regarding the failure of real estate investment in Istanbul.

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. Our goal is to earn your trust and make sure you are comfortable with the process of buying a home in Turkey from start to finish. Lying under the city of Istanbul is the world’s most extensive ancient cistern system, named Basilica Cistern. The Basilica Cistern consists of hundreds of old cisterns built in the 6th century under the order from Emperor Justinian I, the Byzantine ruler at that time. Basilica Cistern is located about 150 meters southwest of Hagia Sophia. The cistern is standing on an area of 9,800 square meters, and it was able to hold up water up to 80,000 cubic meters, enabling it to provide clean water to Great Palace of Constantinople and other buildings on the First Hill. The Basilica Cistern was mistreated during the Ottoman Empire. In 1985, the Istanbul authority decided to clean the site and turned it into one of the most famous Istanbul tourist attractions. The impressive construction and the history of the building have attracted many tourists in Istanbul.

With our previous clients, we were able to achieve 100% profits in less than 3 years through systematic and thoughtful real estate investment through our experience in the market and our studies of the basics of successful investment, you also can achieve a successful investment and achieve profits of not less than 35% through your real estate investment with Right Home. In Right Home, we do not deal with an independent lawyer, but rather we have a legal team consisting of a group of lawyers with experience in the issues of foreign ownership of real estate in Turkey and obtaining Turkish citizenship and who are fluent in the English and Arabic languages, and the interested client is connected to the legal team directly to ask all legal questions related to the process of getting real estate or obtaining Turkish citizenship in its various states. See even more information on https://righthome.com.tr/.