Professional apartment for investment experts Istanbul: The price drop started from the beginning of the current year 2023 for these types of projects. However, we did not talk about this issue until August, because this drop is temporary and constitutes a very important opportunity at this time, and it is possible that the low prices will continue to exist for a longer period or the prices will drop more, but It is also possible for this opportunity to expire at any time and the demand to rise again. There are many regions in Istanbul, no matter how circumstances change, where demand remains high and supply is low, such as neighborhoods in the central regions (not the region as a whole), and therefore their prices did not and will not form a real estate bubble and will never decrease, no matter how long the difficult economic conditions extend, and therefore it cannot be believed when hearing that real estate prices are declining All real estate prices decrease in the same proportions. This is not true. Read even more details at when to sell your property in Turkey ?.

Try to combine multiple advantages when choosing an investment property location. For example, a property in central Istanbul, close to an upcoming transportation hub, and near an important university offers multiple benefits that can result in a successful resale. Choosing a premium location without evaluating the price per square meter at the same time may lead to purchasing an excellent property in an excellent location at a price higher than the market, making resale difficult. This is a common issue with upscale towers in central Istanbul.

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.

And we belief in the role of real estate companies in providing the right information for those interested in real estate investment and the spread of investment awareness about Turkish real estate, that’s why our company Extra Property publishes educational articles about ownership in Turkey and the most important information that the owner needs during the ownership or investment in Turkey. In this article, we will highlight the most widespread misinformation about real estate in Turkey.

Turkey’s 2023 vision plan aims to increase the capita per household to that of European countries. Combine this with government incentives, as well as a growing population and the buyers’ market is set to grow even more. The process of buying a house in Turkey even for foreigners is also quicker and easier than that of many other countries, with cheap taxes and reduced costs. Keep the property for five years, and you will be exempt from capital gains tax as well. One strong reason investing in Istanbul real estate is taking off is the mass of new branded housing projects, particularly occurring on the outskirts of the main city centre. Brand new modern homes with modern architecture are being combined with a range of social and community facilities to redefine the concept of neighbourhoods in what is Turkey’s biggest and most populated city.

Turkey travel is one of the top reasons to invest in Turkey. As described above, Sultanahmet is home to the city’s most important attractions like Ayasofya, Topkapi Palace, the Basilica Cistern, and the Blue Mosque. No first-time visit to Istanbul can be complete without visiting all these places. Travelers pressed for time can click on the link below to learn how you can visit these attractions in one day. But if you have more time, then it would be best to spread them out over two days. You can check my post on the top attractions at Sultanahmet Square in Istanbul for more pictures and information, but here’s a quick rundown of what you a can find there.

We heard from some real estate owners in the recent period that real estate investment in Istanbul is a losing investment, and if it’s not been for the goal to obtain Turkish citizenship, they would not have bought real estate in Istanbul. Is this true? Is it necessary to obtain Turkish citizenship to sacrifice $ 250.000 to buy unprofitable real estate? It is no longer a secret to anyone that the real estate market in Istanbul is witnessing continuous prosperity and escalating growth that does not stop or decline. Let us leave the theoretical talk and see the statistics issued by the official Turkish Statistical Centre.

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. For a closer look at the glory of the Ottoman Empire, you should go to Topkapi Palace during your trip to Istanbul. Topkapi Palace was built in the 15th century. Mehmed the Conqueror ordered the construction of the palace in 1459. At first, the palace was named Yeni Saray, or the New Palace. Before this palace, the Sultan used to live in the Old Palace in Beyazit Square. The name was changed to Topkapi Palace in the 19th century. Topkapi means canon gate. After the fall of the Ottoman Empire in 1923, Topkapi Palace was turned into a museum in 1924. The palace, occupying a vast area of around 592,600 to 700,000 m2, has hundreds of rooms and chambers, but not all of these rooms are accessible for tourists. Only some of the most important ones are open to the public.

It is worth noting that today, by purchasing real estate online and by appointing one of our company’s lawyers, you can not only get the best investment opportunity while you are in your home, but also apply for Turkish citizenship for you and your family, and when you visit Turkey at a convenient time for you, you can directly receive the Turkish identity. We have always believed in Right Home that difficult circumstances carry distinct opportunities, and you too today can seize the opportunity of lower real estate prices and obtain Turkish citizenship while you are at your home sitting on a large sofa with your family. See more info on https://righthome.com.tr/en/home.