High quality real estate news in Istanbul today? The project was established with the well-known concept of The-ritz Carlton, in which the cost of staying one night during non-peak times is $400 for a room without sea view, at The-ritz Carlton Hotel in Besiktas and today’s project in the equally important Nisantasi district. Never about Besiktas. On the contrary, it is more important because it is more central and includes the gathering of artists and the upper class of the population. What are the specifications of the project ? The project consists of 21 floors and includes 121 units, starting from a room and a hall with an area of 110 square meters, all the way to a penthouse with an area of 1124 square meters.
Istanbul, 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.
Turkey’s 2023 vision plan aims to increase the capita per household to that of European countries. Combine this with government incentives, as well as a growing population and the buyers’ market is set to grow even more. The process of buying a house in Turkey even for foreigners is also quicker and easier than that of many other countries, with cheap taxes and reduced costs. Keep the property for five years, and you will be exempt from capital gains tax as well. One strong reason investing in Istanbul real estate is taking off is the mass of new branded housing projects, particularly occurring on the outskirts of the main city centre. Brand new modern homes with modern architecture are being combined with a range of social and community facilities to redefine the concept of neighbourhoods in what is Turkey’s biggest and most populated city. See additional info on bomonti residence by rotana in Istanbul. And we belief in the role of real estate companies in providing the right information for those interested in real estate investment and the spread of investment awareness about Turkish real estate, that’s why our company Extra Property publishes educational articles about ownership in Turkey and the most important information that the owner needs during the ownership or investment in Turkey. In this article, we will highlight the most widespread misinformation about real estate in Turkey.
Is buying real estate in Turkey a good investment? It has been known since ancient times that owning real estate is the safest and most sustainable type of investment, as it is not a commercial project whose era ends and is replaced by a new commodity, nor is it a digital currency that may double in value per month, but one day you can wake up to find everything you own is worth nothing. Real estate represents a basic need for man, no matter how times change and technology develops, and it cannot be dispensed with or replaced. The shape of the property can change, but its basic value is protected, and today in the Turkish real estate market in general and in Istanbul in particular, foreign investors are increasingly interested in obtaining real estate in Turkey and benefiting from the law Turkish citizenship (when buying a property or a group of properties worth 250 thousand US dollars, the buyer, his wife and children under the age of 18 become eligible to obtain Turkish citizenship for free and within a period not exceeding 100 days).
Kayasehir area, which is an extension of the Basaksehir area, is considered one of the closest modern areas to Istanbul’s modern airport, as shown on the map below But it never constitutes an investment area. Why?The answer is simply look at dozens of identical buildings that share the same features in terms of location, specifications and views. There are dozens of them in each neighborhood, and therefore the supply in this area is very high, and this in turn, according to the basic rule in the economy, will make the demand low. Thus, rental prices and resale later will not achieve high investment feasibility. And what is the alternative to that? At the moment we write this article, the tempo city project is considered one of the best investment projects in the Kait Hana area in order to achieve the strategic location point and also the neighboring properties do not share with it the same features and this is the second important rule in real estate investment. Note that the project is opposite a very important mall in the area. On the one hand, gardens and green spaces, on the back are commercial buildings, and on the far side we have old buildings that do not share the same specifications with it, and therefore it achieves the principle of uniqueness and lack of supply, and therefore the demand for it will be high in the future. Read additional info at https://mehmethekimoglu.com/.