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Excellent real estate investment in Turkey right now? Today, the price per square meter in the project starts from 5800 dollars, while in the old buildings surrounding the project, which do not share the level of finishing, nor even hotel services and amenities in it, high prices start from 6500 dollars per square meter and reach more than 20000 dollars per square meter only, and that is also because Real estate in Nisantasi is sold based on the evaluation of its original owner and there is no specific limit for the price per square meter. Today, when you own your property in this neighborhood at a suitable price, you will have the opportunity to resell it later with good or even fantastic profits if you find a buyer who is completely interested in the property you own (imagine how it would be The demand for this project, which is the only hotel apartment project in this region and also with a large international commercial name).
Istanbul, Turkey tourism is one of the top reasons to invest in Turkey. If you just want easy access to Istanbul’s top attractions without a guide, then another option would be to go on a Big Bus Tour. For me, there’s no better way to become acquainted with a new city than these Hop On Hop Off Tours. Double decker buses ply set routes that take you to many of the top attractions in Istanbul, and you can hop on and off as many times as you want for the duration of your pass. Very convenient indeed. The Grand and Egyptian Spice Bazaars are Istanbul’s most popular bazaars. One of the largest and oldest covered markets in the world with over 3,000 shops, you can buy all sorts of things at the Grand Bazaar like leather goods, jewelry, carpets, clothing, furniture, ceramics, and souvenirs.
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. See extra details on bomonti residence by rotana in Istanbul. 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.
Returning to the title of the article: Is buying a property in Turkey a profitable investment? But the investor, regardless of his field of work, will want, in addition to obtaining Turkish citizenship, to obtain a profitable real estate investment, especially since one of the conditions of Turkish citizenship is to pay the full amount without installments and pledge not to sell real estate for 3 years from the date of its purchase, and therefore this amount is frozen for a period of time and time is with the investor It means money and therefore if this period of time will pass without making profits, this means that this investment is a loser. Many investors in the Turkish real estate market (the percentage of Turkish investors in the Turkish real estate market compared to foreign investors from all over the world is between 98% and 99% of the entire real estate market) want to have a successful investment regardless of the law of obtaining Turkish citizenship in exchange for buy real estate worth 250 thousand dollars, Therefore, this market is definitely vital and investment, but can we consider each property as an investment property in Turkey in general and in Istanbul in particular?
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. Find even more info on mehmethekimoglu.com.