Factors for a successful real estate investment in Turkey
Factors for a successful real estate investment in Turkey:
Investors, especially foreigners, should consider how to establish a successful real estate investment in a country like Turkey and what factors can guarantee the success of their project.
So, for a successful investment:
First: Determine the type of property: We have many types of real estate such as residential and commercial properties.
Residential properties such as apartments and hotels.
Commercial real estate such as offices and shops.
If the investor chooses a residential property to rent, we recommend the hotel apartments that are characterized by high profits because the construction companies give guaranteed rent for several years for these properties.
It is worth mentioning that Istanbul is the first tourist city in Turkey, so it will be easy to put these apartments for rent frequently.
We also recommend you to get a property in a lively center in the city or near the airport with basic services and beautiful views.
When a client chooses commercial properties whether to rent it or sell it later, or even to make it the headquarters of his company in Istanbul, this type of real estate investment is a successful investment with high guaranteed profits.
Second: Determine the location of the property:
The location of the property is the main factor for a successful investment.
Those wishing to invest in the Turkish real estate market are advised to acquire properties in vital and serviced locations, where all types of facilities (transport, universities, hospitals, shopping malls) can be found. These types of features make the property more willing to rent and this means a guaranteed profit for the investor.
If the investor has a large capital, we advise him to go to large investments such as construction projects, where he can buy a piece of land suitable for construction and preferably in a good location close to public transport, then he can invest in it from the beginning where he can build a hotel Or a shopping center or even an apartment building. All of these options or investment projects have good returns and profits.