Property investments agency Turkey with righthome.com.tr: Here the distinction of Right Home is highlighted, where our team directly accesses the owner of the property and negotiates with him to obtain the best price for the customer, and it is common knowledge in the process of reselling real estate that the buyer pays a commission to the marketing company as does the original property owner as well, but here in Right Home we get the possible lowest price from the property owner and we do not take any commission from the buyer. This is for new properties that are sold for the first time, but what about properties resold directly from their owners? Thus, dealing with our company will be profitable for the client in all cases, and he will receive all of our services completely free of charge. Discover more info at Turkish citizenship by investment.
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.
Make sure that you have chosen the right company, not just the right consultant, for the following advice during this stage. Tips for after purchasing the property: If you have done everything correctly, you will generally be happy at this stage and should not encounter any problems in the present or future. After-sales services are not limited to empty promises made by the sales representative during the contract signing but serve as a complete reference to the company’s operations and its past performance. Additionally, the actual duration of the company’s presence in the real estate market is significant. The continuity of a real estate brokerage company for more than five years is a clear indication that it is capable of handling post-sale processes.
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.
Turkey tourism is one of the top reasons to invest in Turkey. Going on a scenic all-day cruise of the Bosphorus is one of Istanbul’s greatest pleasures according to many. They’re right. Sehir Hatlari is Istanbul’s official ferry company and offers three Bosphorus Cruises — Full, Short, and Moonlight (Evening). The Short Cruise takes you on a two-hour loop while the Full and Moonlight Cruises last for six hours and take you all the way to Anadolu Kavagi, which is the last dock before the Black Sea. It’s a charming seaside town where you can have a delicious seafood lunch or dinner by the water. Check out my post on the Bosphorus Cruise with Sehir Hatlari for more pictures and information.
The lack of knowledge among the old investors led them to offer their real estate for resale at low prices because of their first choice of non-investment real estate at the beginning when buying it, and also their choice of wrong timing in selling the real estate, and thus the absence of demand made them believe that the problem was in the asking price, and therefore they reduced the price several times so that the property would eventually be bought by an expert investor. Less than its real price, sometimes by 50%, just to wait for the market to stabilize so that it can collect a profit of 50%, even without renting the property, only by reselling it later at its correct price. Find additional details on https://righthome.com.tr/en.
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%).
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. 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.
Our focus on Istanbul, rather than Turkey as a whole, is driven by the intent to discuss the best types of real estate investment opportunities and the expeditious achievement of substantial returns. While other Turkish cities are suitable for housing or summer getaways and offer some investment prospects, Istanbul stands out due to the substantial difference in rental demand and potential for resale. Geographically, Istanbul is the only city in the world that spans two continents – Europe and Asia – separated by the Bosphorus Strait, a critical waterway in the Black Sea region. The Bosphorus links the Black Sea and the Sea of Marmara, and through the Dardanelles Strait, the Sea of Marmara connects to the Aegean Sea, making it a pivotal water route in the entire region.
Try to combine multiple advantages when choosing an investment property location. For example, a property in central Istanbul, close to an upcoming transportation hub, and near an important university offers multiple benefits that can result in a successful resale. Choosing a premium location without evaluating the price per square meter at the same time may lead to purchasing an excellent property in an excellent location at a price higher than the market, making resale difficult. This is a common issue with upscale towers in central Istanbul.