Professional apartment real estate agency Istanbul: Galata Port Mall is a comprehensive commercial and entertainment complex located within Istanbul’s Galata district, Turkey. This mall is an integral part of the broader initiative to transform the historic Galata port into a contemporary tourist and cultural destination. Built upon the site of the former seaport, Galata Port Mall has undergone extensive renovation and transformation, emerging as a modern and all-encompassing shopping and entertainment destination. The complex features an array of retail outlets, restaurants, cafes, and entertainment spaces. Galata Port Mall provides a distinctive and immersive shopping experience, offering a wide range of products from renowned international brands to local favorites. Visitors are treated to a shopping environment that is both modern and comfortable, complete with enticing offers and discounts. Discover additional details at real estate market in Istanbul.
This Title is been awaited by thousands of investors who are interested in owning a property in a promising market like Istanbul and at the same time want to double their profits by buying real estate at a lower price than usual. Today we will talk about the types of real estate whose prices have decreased and explain the reasons behind this with some live examples, and we will also mention our expectations regarding the direction of prices in the future. First of all, in any large market that is not governed by limited sellers and buyers, it is subject to the theory of supply and demand, which states that when the demand for any commodity increases and the supply decreases, its price increases due to its scarcity, and vice versa. and diversify competitors.
Land with building permits typically has a shorter investment cycle compared to agricultural land (without building permits). Agricultural land in various parts of Istanbul, especially near the Istanbul Canal, is often sold with the unrealistic expectation of generating substantial profits within one or two years. This type of investment usually requires at least 20 years to yield reasonable returns. Full buildings intended for use as hotel apartments should be purchased, invested in, and later sold with the same approach, including furnishing and equipping them. Success in this type of investment is not guaranteed without such comprehensive planning.
Do not underestimate the advice of the company’s legal team, especially if you intend to apply for Turkish citizenship. We have heard of cases where clients did not follow their lawyer’s recommendations, resulting in delays in obtaining Turkish citizenship. Sometimes, Turkish citizenship can be revoked for children who have crossed the age of 18 due to negligence, either on the part of the brokerage company or, more often, the investor themselves.
There are many real estate companies that are working to provide quality in all its services for those wishing to buy property in Turkey, which is working to strengthen the sources of information and you can inquire about these companies at the investment section of your embassy in Turkey to make sure that the company is good. Unfortunately, many people believe that there are cheap properties in Istanbul. This is not true. There are no cheap properties in Istanbul. We can call them lower quality properties. Many real estate companies that are interested in selling only are responsible for marketing this Illusion to its customers in order to increase sales only.
The Istanbul real estate market is undoubtedly Turkey’s star performer when it comes to attracting investors from all corners of the globe. Historically, it has always been the number one destination in the country for domestic property sales, and in 2015, it overtook the Mediterranean region of Antalya as the most popular destination for foreign property buyers in Turkey. Last year, it hit a record high with 8,182 properties sold to foreigners of various nationalities and 238,383 domestic sales. But what exactly is luring domestic and foreign buyers to invest in Istanbul real estate and more importantly, will this trend last? We think so.
Istanbul travel is one of the top reasons to invest in Turkey. With the majority of tourist attractions located on the European side, most first-time travelers to Istanbul don’t venture into the Asian side of the city. Had it not been for Ciya Sofrasi and Walter’s Coffee Roastery, then we wouldn’t have gone there either. Home to a maze of cafes, bars, restaurants, and some trendy neighborhoods, the Asian side has much to offer and is well worth a day if you can spare it. We traveled around Turkey for two weeks so we went to these places on our own, but if you don’t have as much time, then you can visit them on day trips from Istanbul as well. Domestic flights are inexpensive and efficient in Turkey, making these day trips to other regions highly possible.
What are the profit rates for real estate investors in Istanbul through Right Home? When our real estate consultant over the phone explains the areas of Istanbul, how to invest, the best projects in each area, and the best options in each project, the customer becomes aware of the investment mechanism and how to profit in the Turkish real estate market, and when the customer meets when he comes to Istanbul immediately with the sales representative of Right Home, he will immediately feel that every second of his time is being used correctly and only projects that are suitable for his request and that achieve high returns on investment are offered to him.
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. Our goal is to earn your trust and make sure you are comfortable with the process of buying a home in Turkey from start to finish. Is Istanbul worth visiting? Of course! It is a beautiful city filled with astonishing landmarks and meaningful traditions. You will find a lot of exciting things to do in Istanbul. There are plenty of attractive Istanbul points of interest, so going sightseeing in Istanbul is such a fulfilling experience that you will never forget. Istanbul was first founded in 660 BC. It was named Byzantion at that time. In 330 AD, the city was rebuilt, and the name was changed into Constantinople. Throughout history, this city has served as the capital city of many imperials, from the Romans to the Ottoman. That is why you can feel the powerful influences of both Islam and Christianity in Istanbul. Some of the most famous Istanbul tourist attractions are magnificent mosques and churches.
Let’s start immediately with the advantages of Right Home and talk about them in detail: The principle of work of real estate marketing companies in Istanbul is the well-known principle of mediation in any field of trade or services, where the broker is given a specific commission from the seller in the case that the deal is completed on the condition that the customer receives the same price without any increasing. Thus, if the customer decides to buy the property himself or with a real estate marketing company, the price will be the same, only the customer will lose the services of the marketing company before, during and after the sale, which is very important, especially if the customer is interested in obtaining Turkish citizenship. Discover more information on https://righthome.com.tr/.