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Safety standards while investing in Turkish real estate

Posted by admin on July 17, 2022
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Real estate experts agree that is there’s nothing called failure in the real estate investment, since the demand for apartments and offices is permanent, but the difference only lies in the investment timing and the harmony with the supply-demand law that affects all real estate in the world.

Therefore, to avoid bad timing in real estate investment process in Turkeyadvises you Europ Homes Real Estate with following safety measures when owning a property in Turkey especially when you're investing.

Article details

  • Determining the type of investment objective
  • Determining the real estate type
  • Studying the region nature
  • Trustworthy real estate agent
  • Patience is one of the factors of success
  • Proper real estate marketing

Real estate experts offer the aforementioned six safety rules in order to achieve a successful and safe real estate investment away from the pitfalls of material or moral losses while investing in Turkey Properties.

  • Determining the type of investment objective

Not all investments in Turkish real estate field are the same, since your investment objective might be as follows:

  • Buying old real state to renovate and then resell
  • Purchasing under construction real estate to sell after being ready
  • Purchasing real estate in Turkey in order to obtain the Turkish citizenship and rent during the three years period (monthly and annual rental)
  • Purchasing real estate in Turkey for tourism rental
  • Purchasing real estate to resell after the near big projects are ready
  • Purchasing commercial shops for rental
  • Purchasing offices or office apartments for the purpose of establishing and renting a company
  • Purchasing restaurants, cafes or hotels in order to rent or exploit them
  • Buying villas for rent or resale

 

  • Determining the real estate type

One of the safety standards during real estate investment in Turkey, is to determine the type of real estate that is suitable for investment chosen by the foreigner interested in purchasing a real state in Turkey.

We find many types of real estate suitable for investment in Turkey, most notably:

  • Ready residential apartments
  • Under construction apartments
  • Under construction or ready villas
  • Offices
  • Office apartments
  • Hotel appartments
  • Hotels
  • Commercial shops
  • Restaurants or cafés
  • Warehouses

Experts at Europ Homes Real Estate advise to focus on under construction properties because it’s the most valuable over time, in addition to properties with commercial attributes that has appreciated in value significantly since the beginning of 2022.

  • Studying the region nature

The importance of the saying that the real estate "location, location, location" has never diminished, as it truly and accurately reflects the importance of the geographical location of the property in influencing its current and future value and rental income.

The importance of the location is divided into two:

  • The location known to the property buyer, i.e. the one who is well aware of it and knows the nature of profitable growth in it and its real estate future based on its past or previous ownership.
  • The promising urban location, that is, the one that knows major transformation projects that will make it a developing location in the future, which means a guaranteed increase in its investment value later on.

At Europ Homes Real Estate we always recommend promising real estate urban locations which makes the most profitable in the future which exceeds the expectations of real estate experts.

Some real estate investment regions in Istanbul for example has achieved a big value appreciation surprising everyone and attracting the attention of foreign investors strongly.

  • Trustworthy real estate agent

All the investment objectives mentioned above might overwhelm the regular investor especially the one who does not have enough knowledge in the real estate market in Turkey, or does not have the time to expand his knowledge, this investor might not be able to determine the objective unless they consult a trustworthy real estate agent.

The only way to guarantee the trust of a real estate agent is to research their previous history in dealing with their clients.

And in case of not having the ability to reach solid sources to ask about the experience of the real estate agent, we advise the initial communication and asking about all the details regarding purchasing real estate in Turkey, investing information and the service bundle offered by the real estate company that the client is willing to deal with.

In the first call with the real estate agent, you can feel the quality of the services and the reliability of the company you will deal with.

At Europ Homes Real estate, we advise you to work with real estate companies during investing in Turkey, because they have a high ability to negotiate the prices, selection, and determination of the most suitable investments according to the objectives and the budget planned by the foreign client interested in real estate investment in Turkey.

In addition, real estate companies in Turkey are legally licensed and have a selection of lawyers who guarantee safe ownership free of problems and administrative complications.

  • Patience is one of the factors of success

There’s no way of success and guarantee the safety of real estate ownership in Turkey without adhering to the patience rule.

Patience would be for:

  • Fluctuations in the real estate market in terms of offers and prices
  • The level of the investment value growth
  • The investment value appreciation to the real estate location
  • The perfect time to sell and purchase

The patience rule is essential to achieve all types of real estate investment goals in Turkey.

  • Proper real estate marketing

The proper real estate investment needs proper promotion that makes the property reach the right customer, in order to achieve the desired profits.

Some investors might rely on personal connections in the process of selling or renting real estate in Turkey, But the use of specialists makes the value of the profits achieved from real estate investment in Turkey reach large numbers that exceed expectations.

To those who prefer the help of real estate companies to invest in Turkey, the ownership process, promotion, renting, and reselling, in other words managing the properties and after sale services are guaranteed, thoughtful and feasible.

Finally, the basic rule in the Turkish real estate market remains confidence in dealing with the right parties throughout the ownership process

We at Europ Homes Real Estate, accompanied many in safe and successful investment operations, if you wish to be a member of our successful family, we are happy to join you whenever you want.

The first step to enter Europ Homes Real Estate is by contacting our experts.

You are welcome at all times!

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