There are many differences between Turkish commercial real estate and Turkey real estate
Last Updated: 2023-07-27Differences between commercial and residential real estate in Turkey
Each property has its individual privacy and all real estate in general was characterized by one element that made it achieve a huge real estate renaissance that competed with international real estate such as the strategic and ideal location extending over two continents and other stunning and attractive sea views and the most important factor is the appropriate prices for real estate in Turkey and competition for similar real estate prices in European countries, which is the essential factor that encourages investors to turn to the Turkish real estate investment market and praise various projects
There are other factors, including quality, workmanship, strong infrastructure, and a solid Turkish economy that maintains the value of Turkish real estate during different times, and there is real estate diversity and the abundance and diversity of real estate in Turkey.
Real estate in Turkey is between commercial and residential real estate
Real estate in Turkey is diverse and numerous, and we will specialize in our conversation about commercial real estate and residential real estate
, what are the pros and cons of each?
And what should you know before starting your real estate investments in both types of real estate in Turkey?
Commercial Real Estate in Turkey
Commercial real estate in Turkey is characterized by the fact that its investments and contracts are often short-term, and do not require the investor a lot of cost and adherence It is enough for the owner of the property in Turkey to conclude a documented lease contract between him and a customer according to a stipulated period under the supervision of one of the real estate brokers to which part of the commission is allocated and the investor can also invest the commercial property himself by opening it according to an investment plan studied by real estate experts.
Residential Real Estate in Turkey
As for residential real estate, which includes houses, hotels, residential and hotel apartments and villas, and is considered one of the very successful investments, commercial real estate may require
a strategic location on one of the commercial public roads or within one of the markets in Turkey in order to obtain successful investments, while residential real estate is
generally characterized by the fact that its leases are relatively longer than real estate in Turkey. Commercial and in both types of contracts are always extendable and renewable and leasing is one of the most common forms of investment Residential real estate in Turkey can also be invested in the form of headquarters of associations or organizations and others
The role of real estate companies in real estate investment in Turkey
Real estate companies play the role of mediator between the client and the property owner in Turkey, and whatever the type of property in Turkey, the task of the real estate company remains to search for the right customer for your property and develop a successful and thoughtful investment plan for your investment process, and we do not forget to mention that whatever the type of real estate investment and real estate in Turkey, what most encourages investors to demand and enter the real estate world in Turkey is
the government support provided to this sector , and one of the most prominent things mentioned in this regard is the granting of Turkish citizenship for foreign investors through real estate investment or buying a property in Turkey, whatever the type of real estate investment
in Turkey, is considered a successful investment, and this depends on your planning and accreditation of reliable real estate companies, correct dealing, and taking advantage of the various components and powers
Editorial Mersat Real Estate Team©
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