Real Estate in Turkey INVESTMENT PROPERTIES FOR SALE IN TURKEY
INVESTMENT PROPERTIES FOR SALE IN TURKEY
Do you know what you should pay attention to when buying a property for
investment in Turkey?
Where to buy investment properties? When can I buy them?
Real estate prices have increased a lot lately, thus, real estate has become a
more important investment tool in 2017 and 2018. It has become the most
profitable option. The rate of increase in real estate prices over the past ten years
has been in big cities such as Ankara, Izmir, And Istanbul, nearly 100 percent.
What should you pay attention to when buying investment properties?
It is advisable to set the necessary budget for the purchase of the investment
property, while moving away from bank loans as much as possible when buying
such properties, because of the high interest added on these loans, which are
often equal to the expected investment profit or more, In addition to the possibility
of difficulties in the regularity of payment of periodic installments, which may
result in the imposition of other financial sanctions.
It is important also to note that the investment amount allocated for buying the
property must be a surplus from the basic needs of the owner, because there is
always a risk in the investment operations, and may get a loss if the investor
suddenly had to buy the necessary liquidity.
It is not recommended to focus on the famous high-priced areas in major cities,
but it is recommended to go to the developing regions and to under real estate
development.
It is also necessary to research and investigate the reliability of the real estate
company or the real estate broker before buying the property, and to check the
price offered and specifications of the property, also to ascertain the technical
issues related to the property in all respects, in addition to the legal situation and
the form of registration in the registration of real estate records.
What are the most important properties for investment in Turkey?
The answer to this question varies according to the time, place and budget of the
investment. The land for sale or investment may be the best option, and
the apartments, shops or prefabricated buildings may be the best. It is related to
the budget, the time allocated for the investment cycle and the target city within
Turkey.