Commercial property for sale in Turkeyis one of the easiest ways to make a profit as a home buyer.
Not only do you have commercial real estate, but you also have an investment vehicle that can make you money fast.
You can buy real estate with which you can continue your commercial activities, such as shopping malls, markets, manufacturing plants, and warehouses.
You can quickly and safely convert your capital into profit.
If you are looking for a commercial property in Turkey to start or run a business, we have attractive offers for you. You can buy a restaurant or a retail store.
Buying a property in Turkey at a low price seems to be a dream for many. But this is no longer true.
With a clear foreign investment law, Turkey has opened its arms to foreign investors.
With the 100% support of banks and other financial organizations, you can get easy loan approval.
If it is a second-hand property, the bank will provide more coverage.
What are the advantages of buying a property in Turkey?
Turkey enjoys political stability and security.
It is one of the most suitable countries for Arabs.
Turkey has an advanced educational system.
It has a strong and modern infrastructure.
There are employment opportunities in Turkey in various walks of life.
Turkey is located between the two continents of Europe and Asia, making it open to the markets of Europe and the Middle East and therefore suitable for trade.
Turkey is characterized by a temperate climate and a calm atmosphere.
The Turkish government encourages foreign investors to undertake investment projects by reducing taxes and providing support.
Real estate prices in Turkey are moderate and acceptable compared to real estate prices in the European Union.
Taxes when buying a property in Turkey are low.
One of the advantages of buying a property in Turkey is obtaining a residence permit for the investor and his family.
Obtain Turkish citizenshipfor the investor and his family, and he becomes a Turkish citizen with all the rights of the original Turkish citizen.
Obtain a Turkish passport.
Turkey is a prime tourist destination and the first destination for foreign tourists, which increases the value of real estate investment in Turkey.
What is affecting the value of properties in Turkey?
Balance of supply and demand.
The location and total area of the property.
The yield of rental properties.
Natural factors such as the environment and weather.
Economic factors where the value of a property is related to the general economic climate of the country.
Laws, regulations, and legislation related to construction, demolition, rents, licenses, assignments, and other factors.
Social patterns and general tastes.
The expected utility of the property in the future.
Commercial property for sale in Turkey investments is as diverse as the types of commercial properties available in Istanbul, each type having its own characteristics and specifications.
Hotel Apartment:
In a major city like Istanbul, which attracts millions of visitors every year, hotel apartments are increasingly preferred by tourists, especially those who stay frequently and for long periods of time and visit the city repeatedly.
Hotel apartments offer a more affordable option than hotels and a more spacious and comfortable living style.
In terms of investment, hotel apartments are considered the most profitable investment among commercial properties due to the high rental income they can generate per year.
Shop:
Even in this day and age when most customers, manufacturers, and service providers rely more and more on online shopping, stores will always have their specialness and importance that cannot be replaced.
Our modern lifestyle is extremely dependent on pre-made products, technologies, and services.
Considering the huge number of Istanbul residents, it is easy to imagine how many stores are needed to provide the required products and services for these people.
In fact, among commercial real estate, stores are like a winning card that can be used for many purposes and still generate good returns.
Office:
In the large and crowded city of Istanbul, this new residential concept is becoming more and more popular and is becoming a trend among the new developments in the city. The property type (home office) is an apartment that can be used as an office.
This type allows the owner to use the apartment as a residence or as a workplace, or to rent it out. Of course, a commercial rental would provide a better return, but both options are available to the owner.
Land:
Back to basics, all other real estate is based on land. The land is the commercial property that everyone needs, although it may be somewhat underrated.
Land can be a profitable investment if selected and purchased at the right time.
The land available in Istanbul is more suitable for personal use, such as building a villa or farmhouse, than for commercial developments or projects.
Check the authorization of the seller or the person responsible for the sale of the property, that is, whether he/she has the right to carry out the sale.
Make sure that there is no other owner or buyer of the property.
Make sure that the property is free of mortgage, lease, or other rights.
Visit the property’s website and verify that it is suitable for residential use, work, or for the specific purpose of the purchase.
Obtain a copy of the property purchase agreement to ensure that the previous owner did not make any form of title transfer and that there are no rights under the agreement.
Verify that the acreage, specifications, and information in the deed match the actual shape of the land.
What are the risks of real estate investment in Turkey?
Supply and demand conditions in the real estate market.
Economic obsolescence.
Change in government laws.
Distress sale of real estate.
Lack of continuous maintenance of the property.
The adverse effects of deteriorated infrastructure.
