Luxury apartments real estate services Turkey with righthome.com.tr: Located just 15 km away from the city centre, Floria is situated within the district of Bakirkoy, offering coastal views of the Sea Marmara. Floria itself is a highly well-off area known for its low-rise buildings and tranquil, elegant charm. The colour coordination, finest types of natural wood in the living room and bedrooms, along with glossy floors decorated with simple patterns,expose a magnificent royal touch to the place. In the kitchen, there is also a wide and comfortable space, featuring a high level of indulgence and scratch-resistant, plus to the high-quality materials. Prices for these independent villas start from around $2 million, while one-bedroom apartments in the same project start from $150,000. Find more details at real estate investment for nationality.
Sometimes, there are offers for commercial properties as a form of change without clarifying that this type of investment is suitable only in the long term. Furthermore, the continuous devaluation of the Turkish lira makes long-term lease contracts a diminishing source of investment, even if they start with attractive figures like 7%, they will end after five years with a return that does not exceed 2%. We do not recommend these types of investments, as there are certainly better options in the market. However, we must clarify the reality behind these presented offers. Sometimes, there are offers for pre-owned apartments or even villas at prices lower than the prices of new properties. These opportunities may be suitable only for those who seek permanent residence, and their percentage among foreigners who own properties in Turkey does not exceed 2%. As for investment, even if you furnish them anew and achieve an initially impressive return of 8%, this return will be eroded over time due to the depreciation of the Turkish lira against the dollar. The greater disaster is your inability to resell your property later when you want to end your investment.
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.
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 summers in Istanbul are scorching, and the winters here can be snowy. Therefore, the best time to go to Istanbul is during the spring (April – May), during which the sky is clear, and the weather is beautiful. The fall season will also give you a pleasant temperature, so another best time to visit Istanbul is from September to mid-November. Many people come to Istanbul for their summer vacation. The weather during this season is quite lovely, though it can be warm sometimes. And, during the summer, the city is packed with lots of tourists, so it will be more difficult to enjoy all those Istanbul tourist attractions. The rates of hotels in Istanbul are also rocketing during the summer.
Beware of scams that are often designed not to steal your money directly but to make unrealistic promises that cannot be fulfilled in reality, such as a guaranteed 10% permanent rental return or profits of up to 300% within two years, and so on. Be cautious of offers that come with a gift wrap, as they are often (but not always) a deception, such as a guarantee of renting apartments for three years in regular apartments. What happens after those three years? Or offers like buying land near the Istanbul Canal and selling it at double the current price after two years. Be aware that if the square meter price actually increases, the abundance of such offers will prevent you from achieving the desired profit. Or offers like buying two apartments for $400,000 in total, claiming they are suitable for Turkish citizenship.
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.”
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.
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.
Your positive and consistent response will motivate the expert real estate consultant to continue working with you to their fullest potential. On the other hand, your hesitation and showing of ambiguity may make this consultant feel that you are not interested, and as a result, they may lose communication with you. Consequently, you may lose out on professional real estate advice that you urgently need in a new market. Tips during the purchasing process: After studying the real estate market for a suitable period and gathering valuable information, whether in person or online, do not forget your primary goal. Do not hesitate when you come across an excellent investment opportunity because it may not be available in the future.
What is the reason for the failure of real estate investment in Istanbul for some clients? We mentioned at the beginning of the article that the real estate market in Turkey in general and in Istanbul in particular is witnessing a great prosperity, and this prosperity is accompanied by the entry of hundreds of inexperienced real estate consultants who rely on playing with the feelings of the client and misleading him by offering non-investment offers as the best investment in Istanbul (such as buying 6 Apartments at the price of Turkish citizenship, or buying a large commercial store in a remote area, buying an old independent house, or buying agricultural or residential land, so that its price will multiply hundreds of times when the new Istanbul Canal is established).
The Istanbul Canal Project is a substantial initiative aimed at constructing a new waterway that connects the Sea of Marmara and the Mediterranean Sea within Istanbul, Turkey. This grand project is envisioned to address traffic congestion within the Bosphorus Strait, improving maritime transportation in the region. Objective: The project’s primary objective is to create an alternative waterway to the Bosphorus Strait, thus mitigating traffic congestion and enhancing navigational safety. Proposed Route: The canal is expected to follow a route spanning approximately 45 kilometers, commencing from the town of Çılburnu on the Black Sea and culminating at the town of Durakul on the Sea of Marmara. Dimensions and Capacity: The canal is projected to boast a width of roughly 400 meters and a depth of around 25 meters, facilitating the passage of large vessels. The project incorporates the construction of ports and loading/unloading areas.