Turkey is considered one of the most important real estate investment destinations in the world, but it carries some risks that investors must consider carefully.
Through Esta Port, you will learn about the main notes that must be taken into account to ensure a successful investment in real estate in Turkey.
1- Determine investment objectives
Before starting to invest in real estate in Turkey, the investor must determine the desired property type and the planned investment period, in addition to determining the expected return on investment.
2- Legal examination
It is necessary to ensure that the property is legal and that there are no legal problems affecting the ownership.
3- Site analysis
Carefully evaluate the property’s location and monitor the local market to understand price trends.
4- Calculating maintenance costs
Before investing, maintenance, management, and monitoring costs must be estimated to ensure sustainability.
5- Good negotiation
Negotiate the best price and terms with the seller, real estate agent, and future property management company.
Taking these notes into account, the risks of real estate investment in Turkey can be reduced and the chances of success increased. Avoid investing in unreliable projects and improving your knowledge of the real estate market will help you achieve good returns.