Date: | Thursday, January 12, 2023 |
To get acquainted with the types of real estate investment, the investor must first define his investment destination.
Real estate investment in Turkey 2021:
There are many types of real estate investment in Turkey , and Istanbul heads the list of the most attractive Turkish cities for investors interested in buying real estate in Turkey . This is due to the importance of its geographical location, which mediates the continents of Asia and Europe, and being a major commercial center in the country.
Overview:
To get acquainted with the types of real estate investment , the investor must first determine his investment destination and choose the best city to ensure a successful investment, and we advise you to choose the city of Istanbul , as the real estate market in Istanbul is one of the most active and strongest real estate markets, and Istanbul real estate is characterized by a periodic increase in prices at a rate of 20-25% annually, which It provides high profit returns when the property owner wants to resell it.
The investor must define the goals of the purchase. If the goal of buying apartments in Istanbul is to obtain Turkish citizenship, then choosing the property differs from whether the goal is investment only. It is worth noting that the Turkish government has approved a law granting Turkish citizenship to anyone who owns a property worth $250,000. Which played a major role in revitalizing the Turkish real estate market and the great demand by Arab and foreign investors towards buying apartments in Istanbul and other Turkish cities.
Types of real estate investment:
Real estate investment options vary in Istanbul, as you can choose several types of apartments, such as:
Hotel apartments: The hotel apartments system is quick to rent, since Istanbul is an important tourist city and tourists flock to it throughout the year, so choosing apartments for the hotel system will be successful. Most construction companies for hotel complexes also grant a rental guarantee for several years with an excellent profit return.
Istanbul is one of the most important tourist cities in Turkey, frequented by tourists throughout the year, and therefore its hotels are crowded with Arab and foreign guests.
In recent years, Istanbul has witnessed a wide activity in building hotel apartment projects for the most famous international hotel chains, as construction companies provide a rental guarantee for several years with a high profit return, and we at X Bendix Group for Investment and Real Estate Development offer our valued customers several projects with a hotel apartment system in Istanbul
Office apartments: Office apartments provide a high profit return. These real estate properties are characterized by the ease of renting and a long-term contract, because the tenant establishes an office and a headquarters for his work, and his stay there will last for years so as not to lose his clients who are accustomed to the location of his headquarters.
Real estate under construction: We advise youbuy real estatein projects under construction, where the purchase price is much lower than the real estate price after the completion of construction and building works, and therefore the return from resale will be large between 25% and 35%.
Shops: Buying a shop in Turkey is a successful investment option, and this depends on the fact that shops are always in demand, quick to rent and provide very high annual profits compared to residential real estate, and for your investment to be successful, we recommend that you choose a shop within a huge shopping center as it is The opportunity to rent it is much faster than a separate shop on the street corner.
Searching for villas for sale in Istanbul: Many of those interested in the Turkish real estate market believe that buying villas is not related to investment in any way. It made it a successful investment project, as most of the villas were built in extreme rural areas far from the crowded central areas, and their prices are somewhat reasonable compared to the prices of villas overlooking the Bosphorus Strait , for example, and after several years have passed, that extreme area will become well-known and transformed into a pool of villas. It attracts rich people and businessmen. Here, the price of real estate in the area will rise. So all you have to do is choose the ideal area to buy a villa in Istanbul. To ensure that it will be resold later with a very high profit return.
If you want to enter the Turkish real estate market and are looking for apartments for sale in Turkey in general and apartments for sale in Istanbul in particular, all you have to do is contact the FCC Real Estate Investment Group in Turkey to get your real estate advice and take the first step towards a successful investment.
Related topics:
Foreign ownership of real estate in Turkey
Should I buy real estate in Turkey ready or under construction?
All you need to know about buying a property in Turkey
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