High reputation real estate market advice in Turkey right now? Calculating ROI in The-Ritz Carlton Nisantasi Apartments: The Ritz-Carlton apartments in Nisantasi are rented on a daily or weekly basis for a high return compared to the Ritz-Carlton Hotel in Istanbul. The price of a suite for two people without a view for one night is $400. If we calculate the rate of fullness of this apartment is only 50% annually, knowing that this area is desirable by tourists and businessmen throughout the year. We will find 400 dollars a day for 182 days a year, the total will be: 72,800 dollars annually. Thus, to reach the price of the property, we need about six and a half years, which means that the ROI is 15.38%, which is a very high rate compared to rents in Istanbul real estate, which is at best 8% as an annual return, but with a correct rental plan, an excellent location and a huge brand, this property can To change the concept of rental yield known in Istanbul.
Istanbul tourism is one of the top reasons to invest in Turkey. Going on a scenic all-day cruise of the Bosphorus is one of Istanbul’s greatest pleasures according to many. They’re right. Sehir Hatlari is Istanbul’s official ferry company and offers three Bosphorus Cruises — Full, Short, and Moonlight (Evening). The Short Cruise takes you on a two-hour loop while the Full and Moonlight Cruises last for six hours and take you all the way to Anadolu Kavagi, which is the last dock before the Black Sea. It’s a charming seaside town where you can have a delicious seafood lunch or dinner by the water. Check out my post on the Bosphorus Cruise with Sehir Hatlari for more pictures and information.
The Istanbul real estate market is undoubtedly Turkey’s star performer when it comes to attracting investors from all corners of the globe. Historically, it has always been the number one destination in the country for domestic property sales, and in 2015, it overtook the Mediterranean region of Antalya as the most popular destination for foreign property buyers in Turkey. Last year, it hit a record high with 8,182 properties sold to foreigners of various nationalities and 238,383 domestic sales. But what exactly is luring domestic and foreign buyers to invest in Istanbul real estate and more importantly, will this trend last? We think so. See more information at Ritz carlton apartments for sale in nisantasi istanbul. The right choice for the real estate company to deal with when buying the property in Turkey is important. Many owners who had a bad experience with real estate companies think that all real estate companies are similar and that the quality of their services is similar and this is not true, which makes many people wishing to own property choose the inappropriate company. The large number of ads on the social networks that encounter owners of interest in Turkish real estate and the huge amount of incorrect information spread 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).
No matter how ideal the proposed property seems to you to achieve your plan, there are secrets in the Turkish real estate market that are related to the past and the future, not only to the present, and therefore taking a decision based on collecting personal information is very dangerous for the security of your investment even if you resided in Istanbul before buying the property for several years, because the resident He is surrounded by many advantages for any area or property in it and he can estimate the price of the property suitable for this area, but he has not studied the past and will not be able to predict the future as long as he does not read all recent studies and closely follows the economic and political news along with the news of the Turkish real estate market. Read more details at https://mehmethekimoglu.com/.