Property in Istanbul

Some Crucial Rules in Istanbul

  1. Buying a cheaper property doesn’t mean that is the best investment…
  2. Increased price does not necessarily mean that you will be able to sell at the same price…
  3. Your investment might have a higher price but another important point is how fast you are able to sell… Supply and demand balance in the district is so important…
  4. How well can you analyze the quality of property construction… Are the facilities enough…?
  5. What are you buying? What does space really mean? Gross area is not enough for you to compare real estates in Istanbul…
  6. Transportation alternatives are important factors for the value of a real estate in Istanbul… Current and future alternatives should be known…
  7. When you buy an off-plan property, are you sure it will be completed… Will it be delivered at the time promised… Will it be as same as it was shown in the catalog…?
  8. What is the cost of living expenses of the area?
  9. Climate?
  10. Who is your professional? Does he/she is experienced how to analyze the business environment…? Or he/she has only a motive to close the deal?

*** Please keep in mind. there is no Capital Gain Tax payable in Turkey after having property for five years…