Apartment real estate solutions Istanbul, Turkey with righthome.com.tr: Anyone interested in the Turkish real estate market and conducted a quick search will realize that in modern projects that are sold for the first time, the prices are consolidated in lists that are updated monthly or bi-monthly and circulated to real estate brokerage companies and thus the prices are in unified lists, so how can Right Home give you prices cheaper than market rates? It is true that the primary price lists are standardized, but negotiating upon the completion of the deal is a skill and we are extremely professional in that. Our sales specialists can obtain a better price or a more flexible payment plan for you. Also our good and branching relationships in the real estate market have a great role during negotiations, and finally, the large number of deals we do makes the negotiation process easier and more fruitful when the project manager that our client wants to own realizes that we have achieved many deals in the same project and thus we get a high and real discount of up to 30%. Discover additional details at Buy property in Turkey.
We can not deny that real estate companies do not work to make money, but the idea promoted in the real estate circles that companies earn a lot of commissions in Turkey is wrong, and because commissions in the real estate sector vary from one company to another there is no fixed commission and the average commission obtained by companies In Turkey is 3% of the price of the property and they get this commission from the construction company of the project and not from the client. There are a lot of costs to real estate companies in the Turkish market, which makes the margin of profit low , including the high taxes of the Turkish government and other expenses related to the sale.
Clearly state your requirements to the sales representative when you meet with them. If you have a fixed budget that cannot be exceeded, it is best to mention it to avoid getting a property tour that does not match your requirements, wasting your valuable time and energy in Istanbul. For example, a client who requests the best investment properties without specifying a budget will have the sales representative search in central Istanbul to find a suitable property. If the client’s budget is not suitable for properties in the center, they will find that property prices are high, and they may withdraw from the idea of investing at a time when suitable investment properties are available in other areas. The sales representative could have visited these areas with the client if they had disclosed their approximate budget.
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.
Istanbul, Turkey tourism is one of the top reasons to invest in Turkey. Visited by nearly 3 million people daily, Istiklal Avenue is the beating heart of the city of Istanbul. This 1.4 km long pedestrian walkway houses everything from cinemas to nightclubs and boutiques to cafes. It’s also here that we tried our first Turkish Delight treats and bought some much-needed medication from the pharmacies. If you don’t feel like walking, you can take the historic tram all the way to Taksim Square to view the monument of the republic.
This Title is been awaited by thousands of investors who are interested in owning a property in a promising market like Istanbul and at the same time want to double their profits by buying real estate at a lower price than usual. Today we will talk about the types of real estate whose prices have decreased and explain the reasons behind this with some live examples, and we will also mention our expectations regarding the direction of prices in the future. First of all, in any large market that is not governed by limited sellers and buyers, it is subject to the theory of supply and demand, which states that when the demand for any commodity increases and the supply decreases, its price increases due to its scarcity, and vice versa. and diversify competitors. See even more details at https://righthome.com.tr/.
The graphic shows the number of properties sold in Turkey in general from March 2019 to March 2021 and through March 2020 when Corona epidemic began to spread in the world in general and in Turkey in particular, where we witnessed the first closure that lasted until the end of May 2020 and perhaps the data above shows that the decrease in the number of properties sold in Turkey was only in April and May of 2020, to recover significantly in June 2020 and set a new record when compared with last year. We also note from the graph that the number of properties sold in March 2021, which is 111.241 properties, is higher than the number of properties sold in the same month of 2019 and it was 105.046. This means that properties sold after Corona are higher than before Corona in the same month two years ago, with an increase rate of 5.9%.
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. Our goal is to earn your trust and make sure you are comfortable with the process of buying a home in Turkey from start to finish. The collection of this marvelous museum comes from all over the Middle East, and the items dated from the 8th to the 19th century. You can see calligraphy artwork, prayer rugs, wooden, stone, and metal crafts, and many more. The Museum of Turkish and Islamic Arts opens from 9 AM to 4.30 PM every day, except on Mondays. On Mondays, the museum is closed for the public.
The Think Tepe project in Kadikoy reflects the commitment of the local government and investors to transform the region into an advanced urban center that meets the needs of the population and promotes comprehensive development in the region. The Fikre Tepe project is expected to have a positive impact on the local economy, tourism, and quality of life in the region, and represents an inspiring model for city development in Turkey and other regions. The Kartal Real Estate Transformation Project is a notable urban initiative aimed at modernizing and developing the Kartal district in Istanbul, Turkey. Kartal, situated on the Asian side of Istanbul, is a pivotal component of the city’s urban rejuvenation strategy. This ambitious project encompasses a comprehensive overhaul of infrastructure and the enhancement of public amenities and services within the region. Collaboration between local authorities and private investors is at the heart of this endeavor, with the shared goal of advancing economic and societal progress within Kartal.
Chasing the market and waiting for prices to drop based on inaccurate news will only result in missing out on investment opportunities. If you have gathered information from multiple professional real estate consultants, it is natural to meet with all of them when you visit Istanbul. We recommend starting with the one you assess as the most professional. Negotiation is a precise and complex process, especially in the Turkish real estate market. Ensure that the most skilled negotiator is someone with extensive experience in the market, who has conducted the most sales transactions and has the best reputation. Do not compromise when choosing a property. If a consultant (often a female consultant) recommends a property that you believe is not suitable for you, do not buy or even reserve the property unless you are 80% sure it is suitable for you. The result we see from our daily experiences is either purchasing an unsuitable property due to the client’s reluctance to contradict the sales representative or reserving an unsuitable property, leading to problems with canceling the reservation and refunding the reservation fees. Sometimes clients completely change their minds due to a situation they encounter.