Real estate market services Istanbul today: Galata Port Mall is a comprehensive commercial and entertainment complex located within Istanbul’s Galata district, Turkey. This mall is an integral part of the broader initiative to transform the historic Galata port into a contemporary tourist and cultural destination. Built upon the site of the former seaport, Galata Port Mall has undergone extensive renovation and transformation, emerging as a modern and all-encompassing shopping and entertainment destination. The complex features an array of retail outlets, restaurants, cafes, and entertainment spaces. Galata Port Mall provides a distinctive and immersive shopping experience, offering a wide range of products from renowned international brands to local favorites. Visitors are treated to a shopping environment that is both modern and comfortable, complete with enticing offers and discounts. Read more info on https://righthome.com.tr/en/publisher/Mehmet-Hekimo%C4%9Flu.
Although it is clear as the sun that Istanbul is the only city where you can resell your property if you choose it correctly, we still receive investors to this day who are eager to buy properties outside Istanbul, tempted by their low prices and investment potential! If the goal is to spend a vacation and you buy a house in Trabzon, Yalova, Bursa, or even Antalya, it seems logical because you are not concerned with the opportunity to resell it later. The problem arises when some investors believe that buying a property outside Istanbul is suitable for high-yield rentals and easy resale in the future. Some even say that they will use the property during summer vacations and rent it out when they are not in the country. However, this idea cannot be achieved because no one wants to rent your property during the eight cold months.
Choose properties in cities with high demand, such as Istanbul, and avoid other cities where resale possibilities are nearly impossible. Even in Antalya and the southern coast, despite high demand for vacation homes, the likelihood of resale with a substantial profit is very low. The earlier a property is in the construction process, the greater the expected capital appreciation upon completion, but the risks are also higher at the same time. If the property lacks investment advantages that set it apart from neighboring properties in terms of price per square meter or other existing or future amenities, it fails to fulfill the primary investment principle of uniqueness.
Make sure that you have chosen the right company, not just the right consultant, for the following advice during this stage. Tips for after purchasing the property: If you have done everything correctly, you will generally be happy at this stage and should not encounter any problems in the present or future. After-sales services are not limited to empty promises made by the sales representative during the contract signing but serve as a complete reference to the company’s operations and its past performance. Additionally, the actual duration of the company’s presence in the real estate market is significant. The continuity of a real estate brokerage company for more than five years is a clear indication that it is capable of handling post-sale processes.
The purchase of real estate in Turkey requires a lot of effort, especially for those wishing to own property for the first time or for big investors. The Turkish real estate market is changing rapidly and all its players need full awareness of the market and its future directions. Given the many information available on the Internet about investment or real estate in Turkey, this raises doubts about the credibility of companies that put this information on platforms and accounts on social networks.
The Istanbul real estate market is undoubtedly Turkey’s star performer when it comes to attracting investors from all corners of the globe. Historically, it has always been the number one destination in the country for domestic property sales, and in 2015, it overtook the Mediterranean region of Antalya as the most popular destination for foreign property buyers in Turkey. Last year, it hit a record high with 8,182 properties sold to foreigners of various nationalities and 238,383 domestic sales. But what exactly is luring domestic and foreign buyers to invest in Istanbul real estate and more importantly, will this trend last? We think so.
Turkey travel is one of the top reasons to invest in Turkey. Home to the iconic Galata Tower and Dolmabahce Palace as well as the city’s most fashionable boulevard in Istiklal Caddesi, the neighborhoods across Galata Bridge provide an interesting mix of old and new that’s different in feel to the time-honored charm of Sultanahmet. If you enjoy shopping, good food, and perhaps a taste of Istanbul’s nightlife, then this is where you need to be. You can check my post on Galata Bridge, Beyoglu, and Dolmabahce Palace in Istanbul for more pictures and information, but here’s a quick rundown of what you a can find there: As described, you can visit all these sites on your own, but you may want to consider a guided tour as well, especially if you want to learn more about each place.
The result is that one of Right Home’s clients received an investment with a profit rate of 110% in just two years, and this in investment science is symbolized by ROI = 55%, which is a really high percentage, especially if we know that this percentage was calculated for the US dollar and not for the Turkish lira. The investment was the purchase of an apartment under construction in an investment project in Sisli two years before the date of writing the article, equivalent to $ 150.000, and today the value of this same apartment is about $ 315.000, two years after the start of this investment. The good news is that this project is constructing a new tower with the same specifications as the first investment tower, in which opportunities can be seized now.
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.
Today our real estate consultant can describe to you the areas of Istanbul and the projects that may interest you to own them accurately as if you are on a real tour, and when you like one of our projects, we will have a virtual real estate tour and visit the project and get to know the surrounding area and the advantages of private investment in it or housing in case your goal is a residential property. Through the video calls, we will show you everything and carry out the negotiation processes. When we get the appropriate option, we sign the contract. This virtual process does not diminish from the real process except for the handshake that we used to do with the client when the deal was completed. See even more info at righthome.com.tr.