Secrets of Successful Real Estate Investment in Turkey

The real estate investment project in Turkey is considered successful, and this has been proven by all the experiences of many investors and capitalists, but you have to bear in mind that your project cannot be successful without being subject to many studied standards and foundations.

In this article, the editorial team at Tammam Lama Real Estate will provide you with a list of the most important details that will help you build a real estate investment project correctly to be profitable. We wish you an enjoyable reading.


The foundations of successful real estate investment in Turkey:

In order to ensure that your real estate investment in Turkey is successful and distinguished, you must take into account some advice and what is required is to reach high returns.

The most important factor in real estate investment is the location: It is very important to choose the right location in order to make a successful real estate investment in Turkey.

The second important factor is the type of property: there are different types of real estate such as residential, commercial, industrial and agricultural properties and each type of property has its advantages and disadvantages and you should choose the type of property that best suits your needs and investment goals.

The third important factor is the price of the property: real estate prices vary depending on the location, type of property and other factors, so you should choose a property within your budget and can estimate its value over time.

The fourth important factor is the legal aspects of real estate investment in Turkey: There are different laws and regulations governing real estate investment in Turkey. It is very important to consult a lawyer before entering into any investment project, whether it is in the real estate sector or otherwise.


Real estate suitable for investment:

Your real estate investment in Turkey will not be profitable unless you choose the right property for it. In light of this great real estate diversity witnessed by the Turkish state, it is natural for you to be confused when choosing, and here are some of the types suitable for your step.

1 - Apartments of residential complexes:

Rental income - One of the biggest advantages of investing in residential complexes is that you will be able to achieve a regular rental return from them. The demand for apartments is very high at the moment, especially in big cities like Istanbul and Ankara, so you can be sure that your apartments will be rented quickly.

Capital growth - Another great advantage of investing in complexes is that you will see the capital on your investment grow over time as the value of real estate is always increasing, so you can be sure that your investment will be more valuable in the future than it is today.


2 - Investing villas in Turkey:

Villas in Turkey are becoming increasingly popular among foreign investors and it is not difficult to see why. They are not only a great investment opportunity, but they also offer a number of advantages, including:

-Huge selection of prices and locations to choose from.

-Stable political environment.

-A growing economy.

-Excellent infrastructure and transportation.


3 - Investing hotel apartments:

Rental Income: One of the biggest advantages of owning a hotel apartment is the possibility of generating rental income as you can generate rental income by renting out your apartment to tenants on a long-term basis.

Constant increase in value: Another advantage of investing in hotel apartments is that they tend to increase in value over time due to the ever-increasing demand as well as the limited supply of new units being built every year.

Low Maintenance: Hotel apartments are generally low maintenance properties, with the majority of maintenance and repair work being handled by the management company or hotel staff, leaving you with more time and money to enjoy your investment.


4 - Apartments overlooking the sea:

Increasing the investment value: The first and most important advantage is its constantly increasing price as the demand for seaside properties in Turkey is increasing, especially from foreigners and for this reason, the values ​​of these properties are increasing day by day.

Rental income: If you are looking for a property to generate rental income, a sea view apartment would be a great choice as these properties are always easily rented out at high prices, especially in the summer.

Relaxing and peaceful atmosphere: One of the main reasons why people prefer to live or spend their holidays near the sea is the relaxing atmosphere it provides.


How to invest in real estate in Turkey?

In fact, if you want to invest your property in Turkey, you have two main options. Either you choose to invest by renting it to get a fixed monthly return that increases over time, especially in peak seasons, or you choose to buy and resell the property again when its price increases, and thus you will benefit from the difference in price between buying and selling stages, according to real estate experts, this is the ideal method at the present time because prices will certainly rise in the coming period. These are the indicators and data that confirm the current situation.

It should be noted that there is a third way to invest in real estate in Turkey, which is to develop real estate, and it is by performing some maintenance, restoration and repair work to give it a more modern appearance to suit the public taste and to attract tenants or buyers to it.


Finally, we must point out two main characteristics that a clever investor must have, the first is that he is able to seize and wait for opportunities to buy at a low price, and the second is that he be smart enough to sell at a high price, or at least higher than the price at which he bought it. In all cases, it takes a lot of patience and the ability to wait but it is important that in the end the results will be satisfactory.