Where to invest in Turkey?

Where to invest in Turkey?

According to distinction between authorities around the world, some considers Turkey as Middle Eastern Country while other authorities name Turkey as European Country because of its liberal advancements and strong economy. No matter how authorities identify Turkey, the country itself keeps focusing on the infrastructural enhancement, economic stability, and political advancement. In the last decade, the movement towards stronger international relations has created important return from foreign investors. Providing a secure environment for investors lead real estate market to have an important portion with %19.5 of Turkey’s GDP (Gross Domestic Products).

How to identify properties with investment value?

If you are looking to invest in the Turkish Real Estate Market, the most critical point is making a decision on the location/city to invest due to thousands of selections available. There are many factors that might occur in different ways for each purchasing situation. First step of making a valuable purchase in the Turkish Real Estate is understanding the purpose of buying and clearly narrowing down the available options according to the needs.

Purpose of buying is basically categorized in two categories such as investment (residential and commercial/industrial investment) and personal (living, relocation, and retirement) purposes. Understanding the purpose of buying will allow investors to focus on the right direction.

Why to Invest in Istanbul Real Estate Market?

In the purchases that are seeking investment value, all the factors are needed to be inspected deeply to meet the desired need. When a case is being about real estate investment, it is more likely to gain more profit in bigger cities compared to suburbs because of the higher demand. In Turkey, Istanbul real estate market has proven its quality and benefits not only domestically but also internationally. Many international investors have moved their investments from major European cities to Istanbul which is considered as rising star of the global real estate market.

Although, Istanbul real estate is very profitable, investors still need to make thoroughly analysis of the properties that are available in the market. When it comes to identifying properties for their investment value there are number of segments needs to be inspected including location, developer references, complex amenities, and project status.

Why to Invest in Ongoing Istanbul Projects?

Especially in the residential investments, ongoing projects are always much more profitable in comparison to completed projects due to lower price availability and better chance of payment plan options provided from the developers. Even though ongoing projects offer higher chance having more profit, development needs to be deeply analyzed by experts in order to make sure all the details are secured.

Besides the development, there are number of other factors that affects the gain on completion of the property such as developer references, local advancements, and municipal city planning strategy and so on.

Which locations in the Istanbul Real Estate are more profitable?

In Istanbul, there are many areas in the form of transformation to reach city development goals and adjust to modernization of infrastructural enhancements. This transformation in the districts of Istanbul has been delicately controlled by the governmental authorities due to reserving historical settlement of the city. In the last couple of years, there are some areas have more attraction for investors such as Basaksehir, Uskudar, Kadikoy and Sancaktepe real estate markets.

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