Real estate investment in Turkey

Many people think about real estate investment in Turkey. In this artical , we will show you the steps of real estate investment ...

The most important steps of real estate investment in Turkey

A comprehensive guide on the steps for real estate investment in Turkey provided by Kataliya property tips for real estate investors

What are the steps for real estate investment in Turkey?

After the high rates of purchase and demand for real estate in Turkey, especially Istanbul, and the occurrence of a qualitative real estate boom in the Turkish real estate market regarding the purchase of foreigners, which came after the Turkish amendments in 2012 to the law on the purchase of real estate by foreigners in Turkey.

Due to the qualitative performance created by the Turkish real estate market, which was indicated by the data of the Turkish Statistics Authority and the data of several international economic organizations, the Turkish real estate market has proven during the past ten years that it is one of the best areas of investment in Turkey, outperforming many different fields.

Therefore, it was necessary for Kataliya property Company to help with its well-known experience in the Turkish real estate market, through which it indicates to investors wishing to invest in real estate in Turkey the most important steps to be followed, for a safe and successful real estate investment.

The most important steps for a successful real estate investment in Turkey

1. Studying the reality of the Turkish real estate market:

Before taking any step in the various fields of investment, investors must carefully study the reality of the market in this field, and this applies to the Turkish real estate market as a broad investment field.

In light of this, those wishing to invest in the Turkish real estate market must study the market, know its merits and dimensions, and become familiar with it as a first step for a successful investment, so that they can make the most appropriate, safest, and profitable choice.

For those wishing to invest in real estate in Turkey, when studying the reality of the Turkish real estate market, must know the following:

Knowledge of the legal basics of investment, sale and purchase of real estate in Turkey

Take a look at the performance of the Turkish real estate market

Monitoring the factors affecting the Turkish real estate market

Learn about future infrastructure projects that directly affect the real estate market

2. Determine the real estate investment strategy:

After studying the reality of the Turkish real estate market, investors must start developing the investment strategy represented by defining the allocated budget and the time period in which the investor wants to start making profits.

As investment in the Turkish real estate market is linked to the size of the allocated budget, in addition to the period specified by the investor, if he wants a long, short or medium-term investment.

3. Choosing the most suitable real estate consultant:

Real estate brokerage companies (real estate consultants) are considered an essential pillar within the marketing process in the Turkish real estate market, and therefore those wishing to invest in the Turkish real estate market must deal with these companies.

These companies differ in their advantages and capabilities, in addition to their expertise in the Turkish real estate market, where the investor must choose carefully and correctly the companies with a good reputation and the most experience in order to obtain a safe real estate investment.

In order to find the most suitable real estate consultant in Turkey, a set of characteristics that must be present in these companies must be investigated:

How legal is the work (that the company has a legal work license issued by the Turkish government to work in the field of real estate brokerage)

• The company's balance of previous customers

• Duration of the company's work within the Turkish real estate market and its experience in it

• The size of projects and the quality of real estate investment opportunities offered by the company

• Quality of services provided by the company

Kataliya property Company has these qualifications so to contact us visit https://www.kataliaproperty.com/katalia-services-lp

4. Determine the best city in Turkey for real estate investment:

The city in Turkey is an important factor influencing the real estate investment decision in the country, and this is related to the financial budget set by the investor, in addition to the nature and quality of the investment.

For example, when an investor desires to invest in residential real estate, it is preferable to buy in Istanbul, bearing in mind that real estate in Istanbul is more expensive than other Turkish states, but it is higher in rental returns, and easier to sell with a high profit margin when reselling.

5. Determine the most appropriate area within the city:

This step starts from the step before, with the same goals and budget set by the investor and if the goal is to invest in residential real estate as in the previous example, the investor must choose the state of Istanbul as the best option, and then the Basaksehir region, Kagithane, or Beylikduzu....etc.

This does not preclude the existence of various other options commensurate with the different budgets of clients, as the real estate market is characterized as a flexible and large market that offers many options that meet the needs of all foreign and local investors.

6. Report on the time and stage of purchasing the property:

It makes a big difference for those wishing to invest in real estate in Turkey, as real estate in the pre-construction phase is at lower prices than real estate under construction, and the price of real estate under construction is lower than the prices of ready real estate.

7. Making the final decision and starting the implementation phase:

This step is the culmination of all the previous steps that went through correctly and properly, by taking the decision to buy the right property and start successfully implementing your investment plan in Turkey.

Kataliya property tips for real estate investors in Turkey

Perhaps the biggest piece of advice that Kataliya property offers to those wishing to invest in the Turkish real estate market is for the investor to shorten all the previous steps as soon as he communicates with the Katalia team.

As the team of Kataliya property Company, with its experience of more than 7 years in the Turkish real estate market, shortens the time and effort for its investor clients, by providing complete services that reach the start of investing immediately in the best and most profitable opportunities available in Istanbul.

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