A lot of abundant profits can be achieved from real estate investment in Turkey in several ways, the most prominent of which are:
1- Real estate rental:
One of the options for investing in real estate in Türkiye is to rent it.
This can be a great way to generate income from your investment and offset some of the costs associated with ownership.
Here are some things to keep in mind if you are thinking about investing in real estate in this way:
- Location is the key.
- The importance of furniture and amenities.
- Asking price must be reasonable.
- Marketing your property in a thoughtful and professional manner helps to provide tenants.
2- Resale of the property:
This is the most popular way to invest in Turkish real estate through reselling properties and lands
Resale properties offer a number of advantages over new construction projects and the reasons for this are:
They are often much cheaper than new construction projects. This is because the developer has already incurred the cost of land acquisition, permits, and construction, so they can sell the property at a lower price.
Resale properties are often available much sooner than new construction projects.
Since they’re already built, you can see exactly what you’re getting before you make your purchase.
But you must be careful. In order to achieve a high and abundant profit, you must choose the ideal time to sell, that is, when prices record a significant increase in order to benefit from the price difference between the buying and selling stages.