If you are thinking of investing in real estate in Turkey, you must take into account some things to avoid any possible fraud during the purchase.
The most important tips for real estate investment in Turkey:
Before delving into the experience of owning real estate in Turkey, you must see some important information that we will give you in the form of tips to help you move forward, as follows:
First - listen to the advice of real estate agents:
it is not preferable to rely on oneself in light of this step. No matter how familiar you are with the conditions of the real estate market, you must have information, so it is preferable that you use a real estate agent or real estate company, especially if you are a foreigner or a new investor in the real estate sector, because your exposure to fraud and scammers is large as they exploit your limited experience and ignorance of some Turkish laws.
Secondly, the field trips are very important:
Many real estate experts advise you to take a field tour of the properties nominated for you by the construction companies to see the negatives and positives on the ground. It is not desirable to rely on the seller’s description or rely on the photos of the house or the videos sent to you by the seller, as the possibility is not excluded that he will take photos that shows the positives of the house only, leaving its flaws to be surprised when you see them on the ground, and we note the importance of being clever in this step, as not to be deceived by the words you receive, and you have to pay attention to the smallest details of the house and make sure that it is free of defects that may cause you problems in real estate investment later.
Third - Do not choose long-lived real estate:
Do not be deceived by the price of old real estate, as some investors may think that it is a promising opportunity for real estate investment in Turkey, but in fact, it needs a lot of maintenance work to make living in it somewhat acceptable, not to mention the effort and time that it needs.
Fourth - Do you have a real estate appraisal?
Having a real estate appraisal report is a necessity that is not limited to investors who apply for Turkish citizenship only, but it has become one of the most important documents you need to complete the purchase process in Turkey due to the importance of what it contains of all the information related to the property such as its location, area, price and general surroundings, in addition to the borders and restrictions and legal status of the property.
Fifthly - Choose the location of the property carefully:
There is no doubt that the location of the real estate causes a boom in its investment value and also in its price, as you will find real estate prices in the city center more expensive than they are in the outskirts of the city due to the lack of services in these areas, as they are far from schools, universities, health centers, malls, etc., and the biggest problem is the difficulty of moving from and to it, and this is what stands in the way of its investment, which in turn will negatively affect the demand for it.
You will find the success rate of investing in it is very small, even if your budget prevents you from choosing a house in the city center; it is preferable to buy in installments rather than buy in its outskirts.
In this context, we must point out very important information that states not to rely on the current situation of the region, which is important to be well served. It is possible that the Turkish government has drawn up plans to develop and provide it with the latest real estate and infrastructure projects such as Beylikdüzü, which was distinguished by its popular character before the government started building the Bus metro line in its center, which brought huge profits to its investors.
Hence, we conclude that the location of the house is very important, whether it is intended for housing or investment, as Turkey is characterized by its extension on the continents of Asia and Europe and its supervision over many important water bodies and the well-known Bosphorus Strait. Hence, the properties of real estate homes vary according to the location, which must be chosen very carefully.
The success of real estate investment depends on choosing a vibrant city with activity and movement to be home to your home. Follow the following methods to ensure the success of real estate investment:
Real estate investment in Turkey is one of the distinguished economic activities that have been able to attract investors from all over the world, but how can they invest, or in other words, what are the best ways to ensure a good investment?
The answer is here; in this paragraph:
First: Building a property in order to sell it:
This idea is good for making guaranteed profits, so that this investor builds houses, villas, or possibly shops and many more within an area characterized by its vitality and advanced infrastructure, and then offers it for sale, and we will find here a huge attraction of people wishing to buy ready-made property that is not used before in addition to having a sophisticated and modern construction, this idea is great, but it needs an abundance of capital on the part of the investor himself.
Second: Investment within the lands:
You can invest in Turkey by buying a plot of land within a vital and well-equipped area in terms of services and its distinguished geographical location, then wait until it enjoys a high value and then sell it multiple times its real price, and you can also invest in it by renting it and earning a monthly income from it.
Third: Build a property for rent:
Some investors are building residential complexes or commercial real estate, for example, malls. After building and equipping them, they are offered for rent, and this guarantees a fixed monthly return accompanied by ownership.
It is also one of the most common ways due to its ease and earning money through it for a long time.
Fourth: Investing in a ready-made property:
A group of investors wants to buy real estate located in areas which one of its advantages is that it offers good and advanced services, as it is preferable that its price be low in order to increase the percentage of profits after selling it within a short period of time or a long period of time, in addition to that you can rent it, whether monthly, touristic or it may be annual or seasonal.
Fifth: Investment in under construction real estate:
This method is quite distinctive and profitable as well, as it is an opportunity to get a real estate at a low price and increase its price within a short period, in addition to the possibility of determining the specifications that you want, because those projects that are under construction have not yet been completed and therefore there are many specifications that you like which you can achieve on the ground within your property, such as interior and exterior designs, in addition to decorations and many more.
As long as you are careful while choosing the real estate agent and make sure that you are fully aware of every step of the procedure and ask questions to clarify any issue that may seem ambiguous to you, you will have nothing to worry or stress about and you can enjoy seeing your success in real estate investment in Turkey.
Why invest in real estate in Turkey through Zoom Real Estate?
-We have a close relationship with the most important and luxurious residential complex construction companies in Turkey.
-A wide range of apartments for sale in Istanbul and various types of properties in Antalya that suits all budgets.
-Many years of experience in the Turkish real estate market
-Protecting you from real estate fraud.
-A wide variety of residential real estate, shops, villas with sea views, suitable for investment.
-We help you get the best real estate prices in Turkey.
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