This is the difference between investment property and residential property in Turkey
Last Updated: 2023-07-27
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This is the difference between investment property and residential property in Turkey
If you are going to buy Turkish real estate, you will first have to determine your goal for buying this property and then search for your desired goal. That is why we chose today to share with you the most important distinguishing features through which you will be able to distinguish a residential property from an investment property.
The most important point that you should pay attention to when buying a property in Turkey:
First, as a buyer, you have to be able to distinguish between residential real estate and real estate that is for trade and investment, because the issue differs greatly between this and that. For example, a property that is for housing, you will choose it very carefully within a cultural environment that suits your taste and your family in the long term. As for the real estate that is for investment, it is for a specific purpose only, either selling or renting, the details of which are not very important.
Secondly, if you are going to choose this property for the purpose of investment and trade, you have to focus a lot during the buying process in order to be a great competitor in the project and business market. If you are not strong, you will never exist because the investment market in Turkey is a terrible and frightening market in which there are minds that are difficult to deal with.
Residential property should have great privileges and high quality features:
First of all, most people who are going to buy a property in Turkey, if it is residential, prefer to have a university or school near it in order to facilitate movement for children. The second factor that makes the property a suitable option is the interior details of the property in terms of the number of rooms it contains and the total area of the property, and whether the property is equipped with beautiful decorations that suit your taste.
The property must have high quality plumbing fixtures that will last for a long time. One of the most important topics in which those who are about to buy real estate in Turkey are concerned is to ensure that the property is free of moisture that makes the property consumable, so the direction of the apartment must be entered by the sun that absorbs the cold. Of course, the location that the property occupies in the city is a very important matter. If the property is located in the city center, this makes those wishing to own the property flock to it until you hardly find a property in the city center that is empty of residents, because if the property is in the city center, this means that it is close to all the services that the resident needs in his daily life from shopping centers and the like.
The most important evidence that real estate in Turkey is an investment:
First, you can learn about the investment property through several items; For example, if it is close to the sea, it will be a purely investment because it is considered a tourist property that is in great demand around it, or in general if that property is located near the tourist places, it will be somewhat for investment because of the demand of tourists for it to stay there. Also, if the real estate apartment is close to the transportation site that leads to the rest of the areas, then this is the same as the case and is desirable by people, and if it is desirable, it means that it is an investment. Also, if the property is not well taken care of whether in its decorations or its internal arrangement, it can be considered an investment one as well.
The most important things you should find in residential complexes in Turkey:
It is known that residential complexes in Turkey offer their residents and owners a lot of services, but the type of services provided differ from one complex to another. There are luxurious complexes that provide you with all the recreational services you need in your life, and there are complexes that provide you with only the basic needs of cleaning and maintenance work. Therefore, it is important to be attentive to these things in order to monitor the real situation of the property without falling into the trap of scammers. Services are one of the specifications that everyone is looking for.
The most important thing to pay attention to in the investment real estate is its external body:
It is very normal for the property offered for sale to have specifications and a beautiful view. The specifications that are evaluated in it such as the area of the property as a whole and the number of rooms it contains. Also, what gives the property additional advantages is if the property in which the apartment is located is newly built, or if it is old, it will be more depreciated and therefore its value will decrease. Also, the floor number on which the property is located plays a role in determining whether it is suitable for investment or not. All these factors are in solidarity with the quality and modernity of the decoration.
If you are going to buy real estate in Turkey, you must first define your goal and then take the purchase step. In general, the external structure is what is required if the property is an investment one, but if the property is residential, its internal specifications will be more concerned. In order not to fall into fraud or deception, you should study all the cases for both types of real estate in order to be in the correct image of the situation. If you are willing to buy real estate in Turkey, you must be keen to know everything that is presented.
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