Investment Property for Sale in Turkey
Investment Property for Sale in Turkey
Real estate investment is one of the most common profitable investment options. Property investment includes purchasing, ownership, management, rental, or sale of the property to gain profit. A property can be suitable for a long-term or short-term investment. Buyers can purchase a property with the intention of earning a return on the investment through rental income or the future resale of the property. Investment properties aren’t used as primary residences. Especially in some coastal towns, people are more likely to buy a holiday residence and that is why Antalya property investment is very popular.
Before Investing in Turkey
The first thing we always advise is to work with a professional real estate company. Buying a home isn’t just selecting the property you want. A real estate agent knows the local market and can guide in the way of property investment in Turkey. You should determine the location you prefer and the real estate type you need. If you want to purchase an investment real estate, the location is an important factor for getting a high return on investment because the difference in value is principally a result of a home's location. That might explain the reason why Istanbul real estate investment is so valuable. Once you have your eye on a property, we recommend a viewing tour. After the negotiation stage and signing the title deed, you will officially be the owner of the property, and this will be your first step of investment!
Features of Investment Property in Turkey
Not all properties are suitable for investment. There are some qualifications of a property must-have for it to be an investment property, or you can make it suitable for investment by changing some features. Your property can get you a high income if it has these features:
• Central location, close to the main roads and transportation facilities
• Close to daily and social amenities
• Contemporary and luxury design
• Stunning views of city, sea, and nature
• Furnishing can be plus
• For a commercial property, it should meet the needs of people around
• Fertile soil especially if it’s an agricultural land
• Equipped with renovated features
• In a complex with rich social facilities
Types of Investment Properties
Residential: Rental properties are popular for investors in matters of maintaining their income. An investor can purchase a residential property then rent it out to tenants so that he/she can collect monthly profit. These properties can be houses, villas, condominiums, or apartments for sale in Turkey.
Commercial: Investment properties don’t always have to be residential. Some investors, especially corporations buy commercial properties that are used especially for business purposes. These commercial properties might require more improvements but they will provide bigger returns. Commercial properties for investment can be offices, stores, shops, hotels, or industrial buildings.
Mixed-use: A mixed-use property can be suitable for both commercial and residential purposes. For example, a building might have a restaurant, cafe, or retail store at its entrance while the upper part includes residential units.
Land: Investing in land is like a blank canvas for you to paint a real estate masterpiece. You can choose what to invest and how to invest and it’s less expensive than buying a developed property. However, a profitable investment requires a lot of foresight when it comes to land.
Read our related blogs:
Right Time for Real Estate Investment in Turkey: When is the right time for buying property in Turkey?
Reviewing Real Estate Investment in Turkey by 3 Main Stages: Learn more about buying, holding, and selling property in Turkey.