5 Tips to increase your profits in real estate in Turkey 2022

Created: 2022-03-19
Last Updated: 2024-05-02
Views: 1265

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Check out these tips when investing in real estate in Turkey:
Other caveats that you should pay attention to when buying a property in Turkey:
Have you wondered about the reasons that encourage real estate investment in Turkey?

You cannot achieve success and high profits from real estate investment if you do not follow the thoughtful plans and advice given by some experts in this field. In this article, we will give you the 5 most important tips that will help you to get huge profits.

We wish you a useful reading.

Check out these tips when investing in real estate in Turkey:

The first tip: Choose a distinctive strategic location:

The distinguished location is one of the main factors in the success of any real estate investment, the more vital and strategic it is, the more it contributes to raising its investment value and allows the investor to reap more profits.

In this regard, you must study the situation of the region well before buying, as it should be:

- A promising region and is witnessing rapid real estate growth.

- It is preferable to be near important projects such as transportation lines and airports, or bridges and tunnels.

- To be near there are tourist or archaeological attractions.

- You should also research about the future of real estate in the area in which you want to buy. Will the prices increase there? Will new projects be created near it?

Second tip: Hire a real estate expert or real estate company:

If you do not understand a lot of information about the real estate market in Turkey or the imposed laws, you should deal with a well-known real estate company in the field of real estate, and this will ensure that you get the most important and safest real estate opportunities at all. Do not forget that real estate companies provide you with the most important tips and advice.

It will provide you with a comprehensive study of the property you want to own, the region and its future. Be completely confident that you will not be a victim of any real estate fraud because of her extensive legal experience.

In this context, we will emphasize an important matter, which is that the real estate company must be chosen carefully by following the following steps:

- It must have a good reputation and also it is important that it has achieved wide fame.

- You should see the services it provides to clients.

- You can communicate with people who dealt with it in the past.

- You should meet with the owners of the company or one of its advisors to be sure of the extent of his response to you and your questions.

Third tip: Make sure that it is close to public services:

Did you know that the availability of service facilities near the property is important on both levels, whether you want to invest in real estate or housing, in the first case you will ensure high profits and returns, and in the second case you will get a stable and exemplary life.

What is meant by service facilities:

- Public transportation – highways – buses – metro lines – tramways – tunnels.

- Public and private schools - universities - cultural centers.

- Health centers - hospitals.

- Recreational places - commercial centers - malls - tourist places.

Fourth tip: The area of the property should be chosen carefully:

One of the important tips that you should follow when investing in real estate in Turkey is to choose the area of the property in a thoughtful way. You should know that the large areas of real estate are not desirable, as most of those looking for a property for rent prefer to have a small area so that the rent is not high.

Also, small properties can be sold easily because the demand for them is great.

Fifth tip: Find the right property according to your financial budget:

Many investors are afraid of the problem of choosing the wrong property, and you may be wondering about the specifications of this property?

You have to choose the specifications that are appropriate for you according to your financial budget, and then you must see all the matters related to it, but before that, you must determine your available financial budget.

- Real estate prices vary from city to city and according to its location within the city.

- When you determine your budget, you will not find any additional costs that were not considered later.

- Find out all the costs you will have to pay and the fees involved when buying real estate.

- Also, the view that the property enjoys is one of the things that you should pay attention to.

The right choice of real estate is a major reason for its success and distinction, and it is the first step in order to obtain profits and high returns. Therefore, do not give up the presence of a real estate consultant with you to help you choose and provide you with the most important tips and advice, especially if this is your first experience in buying real estate in Turkey.

Other caveats that you should pay attention to when buying a property in Turkey:

1 - Before you sign the sale contract, you must make sure that the seller has full powers to dispose of the property and that he is the real owner.

2 - You have to make sure that there is no other buyer of the property, so you have fallen victim to real estate fraud and instead of making money and profits, you have lost a lot.

3 - Make sure that there are no restrictions on the property, such as a seizure or mortgage, as this negatively affects the value of the property and makes it difficult to complete its sale.

4 - You must visit the real estate website and make sure that it matches the specifications you want, and you must also make sure that its specifications are in fact as mentioned in the title deed document.

5 - Learn about the forms of real estate fraud and the solutions to avoid them so that you do not face losing money.

Have you wondered about the reasons that encourage real estate investment in Turkey?

- The growth of the Turkish economy, which is among the top 20 economies in the world.

- The availability of a lot of job opportunities and the presence of the labor force, the predominant group in Turkish society is the youth.

- Low taxes in Turkey are one of the main incentives.

- The real estate market in Turkey is a multi-choice field that suits all tastes and budgets.

- Turkey has a developed and modern infrastructure and includes the most important strategic projects in the world.

- Real estate prices are low when compared to real estate prices in Europe or some Arab countries.

To get distinguished results from your real estate investment in Turkey, you need an expert who offers you the most important real estate opportunities available, in addition to advice that ensures that you do not make mistakes .. always contact us.

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.

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