I would like to start this article with one important fact - do not expect a decrease in prices for Turkish real estate!
Recall that in 2020, Turkey became one of the leading countries in the jump in real estate prices. According to experts, on the contrary, we should expect even greater growth. This is due to several factors, the main of which are increased demand, as well as a significant reduction in the housing stock. In 2020, the country achieved historical records for sales of a particular property.
So what kind of real estate should you invest in to get the most out of it?
The most profitable and investment-correct decision will be the purchase of housing at the construction stage. It is no secret that buying an apartment/villa/apartment at the stage of excavation, the savings are up to 30%, and in some cases up to 40% of the final cost.
For the purpose of passive income, you can buy an apartment or villa with subsequent rental. The amount of this income depends on many characteristics, the main of which are: the area, distance from the sea, the infrastructure of the complex, and so on.
Now apartments in hotel complexes are gaining great popularity. The most top developers provide their clients with a rental guarantee in the amount of 3% to 10% per annum.
For more information on how to invest your money correctly and most profitably, please contact us!