Premium real estate investment in Istanbul, Turkey in 2021? One of the most popular rumors in the Arab market is that Turkish real estate is expensive, and many people interested in real estate investment think that the cost of entering the market is very high and this is not true, the most important is the awareness and understanding of the market well. You can start investing in the Turkish real estate market for up to $ 50,000 by investing in housing projects or university dorms as an example, which provides a good return on investment. Many of the major real estate investors fail to invest due to lack of market awareness and understanding of the future trends of the Turkish real estate market and because of the focus only on the quantity invested and not the type of investment.
Istanbul tourism is one of the top reasons to invest in Turkey. As described above, Sultanahmet is home to the city’s most important attractions like Ayasofya, Topkapi Palace, the Basilica Cistern, and the Blue Mosque. No first-time visit to Istanbul can be complete without visiting all these places. Travelers pressed for time can click on the link below to learn how you can visit these attractions in one day. But if you have more time, then it would be best to spread them out over two days. You can check my post on the top attractions at Sultanahmet Square in Istanbul for more pictures and information, but here’s a quick rundown of what you a can find there.
Also known as Shisha or waterpipe, Hookah lounges are very popular in the city. Dave and I are ardent non-smokers, but to visit Istanbul without giving a Hookah a try would be criminal. Hookahs are flavoured tobacco smoked through a water pipe. It became popular in Turkey in the 17th century and was a status symbol for those in the city. You cannot visit Istanbul without experiencing the weird and wackiness of a Turkish Bath, also known as a traditional hammam. Be prepared to strip down to your birthday suit and have strangers vigorously bath and massage your entire body after a hot steam bath. It can be painful, strange, and heavenly all at once. You may or may not like it, but I can tell you one thing for sure, you will never forget it.
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 more info at best projects for investment in istanbul 2021.
Lying under the city of Istanbul is the world’s most extensive ancient cistern system, named Basilica Cistern. The Basilica Cistern consists of hundreds of old cisterns built in the 6th century under the order from Emperor Justinian I, the Byzantine ruler at that time. Basilica Cistern is located about 150 meters southwest of Hagia Sophia. The cistern is standing on an area of 9,800 square meters, and it was able to hold up water up to 80,000 cubic meters, enabling it to provide clean water to Great Palace of Constantinople and other buildings on the First Hill. The Basilica Cistern was mistreated during the Ottoman Empire. In 1985, the Istanbul authority decided to clean the site and turned it into one of the most famous Istanbul tourist attractions. The impressive construction and the history of the building have attracted many tourists in Istanbul.
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 are dedicated to giving you the very best experience finding the Right Home! We have a team of real estate consultants, who are available for you for any needs that might arise.
Here the distinction of Right Home is highlighted, where our team directly accesses the owner of the property and negotiates with him to obtain the best price for the customer, and it is common knowledge in the process of reselling real estate that the buyer pays a commission to the marketing company as does the original property owner as well, but here in Right Home we get the possible lowest price from the property owner and we do not take any commission from the buyer. This is for new properties that are sold for the first time, but what about properties resold directly from their owners? Thus, dealing with our company will be profitable for the client in all cases, and he will receive all of our services completely free of charge. Read additional details on https://righthome.com.tr/.