5 conditions for a successful investment in commercial real estate in Turkey

Created: 2022-04-12
Last Updated: 2024-05-03
Views: 1344

Content Index

What are the advantages of investing in commercial real estate in Turkey?
How is your investment in commercial real estate profitable?
What is the importance of investing in a property in Turkey?
Does commercial real estate have downsides?

If you are interested in real estate in Turkey, you surely know that it is one of the most diverse real estate markets at all, and this contributed to making it compatible with all requirements, tastes and budgets.

Commercial real estate is one of the best options for real estate investment, and for the importance of this topic, the editorial team at Ramzy Real Estate Company has chosen to inform you about the most important matters related to this topic, and through it will be indicated the most important conditions for its success.

What are the advantages of investing in commercial real estate in Turkey?

It has been found that there is a great demand for buying this type of real estate in Turkey due to the high population density that the country is witnessing and being one of the most important and prominent tourism destinations in the world.

These properties can be invested in several ways, such as renting it, and it is one of the most important methods of real estate investment, as it is possible to obtain a high and distinctive return per month.

It can also be resold, and this guarantees that you will get an abundant and distinctive profit, and the percentage of profits may reach more than one hundred percent sometimes.

One of its most important advantages is that the rents are paid at the agreed time, because they are from the category of investors and the wealthy, and also are not responsible for addressing their problems that they encounter in the property because they prefer to coordinate it according to what their business needs.

There is a great diversity in commercial real estate in Turkey, as it is divided into: shops - offices - restaurants - cafes - stores - hotels - the halls that are used for commercial purposes.

How is your investment in commercial real estate profitable?

Through the following paragraph, we will present to you the most important and prominent conditions that, if achieved, will make your investment profitable and distinctive.

1 - The geographical location of the property:

Be completely confident that the more distinguished the location of the property, the higher its returns. What is meant by the strategic location, that is, to be close to it, there are public transportation lines so that it is easy to reach.

It is preferable that it not be in sub-spaces and that the address be clear.

2 - It should be modern:

Did you know that by taking care of the property and adding some high-end modern details, it will attract customers and tenants, meaning that its decorations should be modern - make sure that it is well lit - that it has ventilation outlets - that it be on the first floors of buildings, many people cannot go up the floors high.

Make sure that the building in which it is located has an elevator.

3 - Do maintenance work regularly:

One of the important tips that you should take into consideration when investing in commercial real estate is to carry out maintenance and alteration work regularly so that you can find tenants easily and also this enables you to sell it very quickly.

The more you try to keep it looking beautiful and elegant, the higher the price will be.

4 - Choose the important major cities:

We agree together that investing in commercial real estate in Turkey has high profits, but what should be noted is that the results differ according to the city in which it is located (the results of an investment project in Istanbul differ from an investment in another state).

5 - Use a reliable real estate company:

If you want to get abundant profits and achieve great success, you should take the advice of a company specialized in the field of real estate in Turkey, because with its high experience, it can offer you the most important offers thanks to its strong relations with the most important construction companies in Turkey.

What is the importance of investing in a property in Turkey?

In general, we can say that Turkey is one of the most important countries in the world in order to launch your real estate investment project due to the availability of many encouraging elements for this. Here are the most important ones:

1 - If you want to look at real estate prices in Turkey and compare them with prices in other countries, you will find that they are very suitable and reasonable. You may find some high-priced areas, but on the other hand, there are many of them that are moderate, and this makes them suitable for everyone.

2 - The population increase guarantees that, in return, there will be an increase in real estate.

3 - The Turkish economy, with the great growth it has achieved, is one of the biggest motivators that push the investor to choose it.

4 - Each year, Turkey receives millions of tourists, who frequently choose commercial real estate.

5 - The procedures for owning real estate in Turkey are very easy, as the Turkish government has worked to provide all the facilities that attract foreign capital.

6 - If the value of the property is two hundred and fifty thousand US dollars or more, you can apply for Turkish citizenship.

Does commercial real estate have downsides?

After all the information that we have provided to you about investing in commercial real estate, you are sure to wonder if there are any downsides to it. This is what you can know through the following paragraph.

- First, investing in commercial real estate in Turkey requires a large capital.

- It is one of the most expensive types of real estate in Turkey.

- The demand for it is not as great as the residential real estate, and therefore you may find it difficult to sell it in the future.

- The property may remain vacant for a long time.

Before you enter into any investment business, you must calculate your financial budget well and compare it with the costs that you must pay so that you will not be faced with costs and expenses that are not among your accounts.

Whether you want to invest in commercial or residential real estate in Turkey, you can tell us what you want and we will provide you with all the necessary advice and consultations that will help you achieve the success and distinction you are looking for.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

#apartments #istanbul #turkish_citizinship

دعنا نتواصل لنساعدك!

باختيار أنسب عقار