For foreign investors, real estate investment in Turkey is effectively synonymous with investing in Istanbul. While Yalova villas, Bursa seaside apartments, Mersin chalets, and villas in Bodrum and Antalya are excellent options for residence or vacation, they do not compare to Istanbul's real estate in terms of investment potential. Real estate investment typically focuses on two main axes:
Consistent rental return
In Istanbul, demand for rental properties remains steady throughout the year, unlike other cities that experience peak rental periods during specific tourist seasons. This continuous demand ensures the potential for high rental returns not just during peak seasons, but throughout the entire year.
Possibility of resale
Resale potential is crucial for a successful real estate investment. Despite its importance, many foreign investors unfortunately ignore this factor and purchase properties that, while attractive and priced well, but may not be profitable to resell.
We frequently receive inquiries from investors looking to resell properties initially bought for investment, Turkish citizenship, or temporary residence. Often, these investors are disappointed to find that their property's current market value is lower than the purchase price or unchanged.
In Istanbul, this issue is evident as not all real estate in the city is suitable for investment. In fact, the majority of Istanbul properties, including new ones, are not ideal for investment purposes. Additionally, purchasing through multiple intermediaries without proper knowledge can result in missed investment opportunities.
Having established that successful real estate investment should focus on Istanbul, with key factors being consistent rental income and the potential for profitable resale, here we address a very crucial question.
How can we identify weather a property is a good investment?
Our website features over 125 detailed blog posts on real estate investment in Turkey , covering its past, present, and future, as well as the key tools for successful investment. You can review these resources at any time to ensure a successful and assured real estate investment.
Summarizing the content of our 125 investment articles is challenging, as each article addresses a specific aspect of real estate investment. However, to achieve a successful investment, it is essential to understand the fundamentals, conduct market research, and compare various investment options to develop the right strategy for you.
For personalized guidance, feel free to contact us for free advice on where to start and ensure you receive accurate and sequential recommendations.
We aim for foreign investors in our country to have a solid understanding of real estate investment. Successful investments not only benefit investors but also motivate us to offer the best deals directly from reliable sources. However, based on our extensive experience since 2012, we have observed that many investors rely on advice from friends or relatives who own property in Turkey, without verifying the investment validity of these recommendations.
If foreign investors understood the volume of daily inquiries we receive from individuals seeking high commissions to convince family or friends to buy property in Istanbul, they would likely conduct their own research and thoroughly understand real estate investment in Turkey before making any decisions they might later regret.
What is the Cost of Obtaining Professional Real Estate Advice?
Our service is entirely free of charge. Our team provides relevant information, including details on areas and offers, tailored to your needs. You are under no obligation to proceed or make any investment, even if you find our recommendations accurate and suitable.
What are the consequences of not obtaining proper real estate advice?
The cost of not receiving proper real estate advice can be substantial. We frequently encounter foreign investors trying to resell properties that they believe will yield 20% to 30% profit, only to discover that their current market value is actually 20% to 30% below their purchase price.
Often, negative opinions about real estate investment in Turkey stem from experiences where proper advice was not sought beforehand. Effective advice is crucial and can only be accurately assessed through detailed research and a comprehensive understanding of the market.
Successful real estate investments depend on accurate data and the advisor’s expertise. Promises based solely on verbal assurances and trust are no longer compelling to knowledgeable, experienced investors.
