Real estate prices in Turkey 2020
Turkey has become a pioneer in the field of real estate , due to the urban revival witnessed by the country of Turkey in recent years , as residential and investment projects are growing day by day .
Many Arab and foreign investors from different nationalities tend to buy real estate in Turkey , for different purposes , such as housing , investment and tourism , or to obtain Turkish citizenship by buying a property .
Learn about the laws and news of Turkish citizenship from the following link : Turkish citizenship
Premium real estate in Istanbul
RH 80- apartments with Bosphorus view and suitable payment plans in Sisli
A first class residential and investment project in the center of Sisli , specifically in the fast growing Bomonti area .
The project is located in one of the most famous areas on the European side of Istanbul , Bomonti district , a growing area that attracts the attention of investors at the moment , which is characterized by easy access to the most vital places in the city , and its proximity to shopping centers , airports , hospitals , universities and schools .
The project location is just 8 minutes away from Taksim .
This project has been designed in line with the highest quality standards in real estate in Turkey .
All apartments have private balconies with views of Istanbul or the Bosphorus .
The project includes special facilities that provide residents with comfort and entertainment and meet all their needs such as swimming pools , gym, walking paths , sport courts and restaurants , in addition to surveillance cameras and security .
Invest in this project today and benefit from its prices which will increase by 40% after the completion of the project .
All the project details in this link : RH 80
The issue of buying a new property is crucial , as you must study all available options so that you can get the most appropriate option and the perfect property free from defects .
The most important thing about those wishing to buy a property in Turkey is the real estate prices in Turkey , the most important factors that determine these prices , and what is the average real estate prices in Istanbul in the new year 2020 , in this article an explanation and detail of the most important criteria and factors affecting real estate prices In Turkey , of all kinds , positively or negatively , and they are generally basic standards known to real estate experts , especially those who specialize in real estate appraisal .
What are the most important factors affecting real estate prices up and down ?
- Property type :
There is no doubt that determining the price of the property depends on its type , as the desires of the buyers vary and differ , and the element of demand for a specific type of property plays a major role in increasing or decreasing its value , whether the property is an apartment within a building or a separate house or studio or villa , in addition to the number of rooms in the same property , and the greater the demand for a specific type of property , the higher the price of this type .
The area of the apartment , the view , the floor on which the apartment is located , the number of rooms , the number of bedrooms , the number of bathrooms , the number of balconies , are they ready for housing or under construction , the date of delivery , the quality of the covering , is the property new or resold , all of these things will affect the average price of the property .
- Property location :
The privileged location is one of the most important factors affecting real estate prices and determining its value , as the proximity of the property to the city center , transportation , schools , universities and hospitals is directly proportional to the high price of the property , and vice versa , it is known that the price per square meter in the city center is different from its outskirts and suburbs .
The most important points to consider when looking at the property location :
- The apartment is close to tourist places such as beaches , famous shopping centers , public parks , and ancient places such as famous mosques , palaces , ancient castles , museums , and places of entertainment .
- Apartment views , are they overlooking the Bosphorus , sea , lake , forest , or city view .
- The apartment is close to the airport and public transportation , such as the metro , the bus line , the main streets , and highways .
- The property's proximity to major development projects in the country , such as the New Istanbul Canal , and Istanbul Airport , where those properties are witnessing a clear rise in prices .
- The distance and proximity to the city center itself or the center of the region , such as Basaksehir , the new Istanbul center , with excellent prices for apartments .
Among the most important questions asked by those wishing to buy real estate in Turkey : How far is the house from the train station , the metro , or the main transportation points ? The environment of the real estate and the infrastructure available on the real estate site is considered one of the important things that everyone is asking when making a decision to buy a property in Turkey , whether with the aim of investing it or renting it and benefiting from its returns , or with the aim of housing in it .
- The status of the property :
Is the property new or resold ? It is a standard that can significantly affect the price of the property positively or negatively , especially if the property needs to make some repairs and renovations , and sometimes many buyers are reluctant to complete the purchase because the property is largely consumed , and because the process od renewal can be very expensive , in which case the price of the property is very low compared to some other positive points that the property may enjoy , due to the low number of people wishing to purchase a property with these specifications . But sometimes profitable deals can be made in this type of property , given the possibility of the property price rising again after the renovation and repair process .
In certain cases , the percentage of humidity may be high in the apartment offered for sale , due to the lack of good ventilation , or because of its location in a place that the sun does not reach , or as a result of its occurring on a ground floor within a site surrounded by high buildings , which affects the price determination as well being flaws that appear when examining the property , whether by seeing scaly paint , stains on the walls and ceiling , or the smell of mold or the like , which indicates that the moisture has settled in the house gradually .
In addition , the age of the apartment or house is an important element in determining the price , which is especially related to the condition of the property’s general structure , its insulation , electrical system , roof condition , heating system , etc .
- The external facade of the property or building where the property is located :
The external appearance of the building is an important factor in determining the value of the property , especially if it is located in large cities such as Istanbul , usually the apartments located in buildings with luxurious facades , such as modern glass facades or historical monuments , are expensive .
Also , the house’s lack of a garden next to it , and the lack of green spaces within the housing complex , can be considered a defect defect by some buyers . Therefore , the estimation of the real estate price depends on some details that may not be related to the real cost of its construction , depending on the presence of some luxuries and social amenities that correspond to the wishes of the buyers .
- The location of the property or apartment within the building :
This is also one of the main factors affecting real estate prices in Turkey , the price per square meter in the apartment on the ground floor is different from the price on the high floors with attractive views , and its price in buildings that contain different elevators than others .
- The resulting monthly services and expenses, or what is known as revenue :
And they are important and fundamental matters in determining the price of the property , as the apartments located within high-end housing complexes provide a range of additional high-quality services , and luxurious social facilities , such as swimming pools , gyms , large green areas and parking spaces , will not be at the same price as the real estate in the region or neighborhood itself , but without those services , and at the same time the value of the monthly returns that the property owner pays to manage the housing complex are an important element for some buyers to negotiate the price of the property .
- Property area :
Some real estate experts consider that the higher the area of the property, the lower the square meter price. The price per square meter of a studio apartment is often higher than the price per square meter of a 3-room apartment in the same building, which will also itself be more expensive than the price of a 5-room apartment, etc.
When searching for apartments for sale in Turkey, the most ambiguous thing for the investor or buyer is the area of the property, that is, the net and the total area of the property to be owned, you must know the lowest and maximum price per square meter of the property and you must know which areas are within the total areas In the process of calculating the total area, in order to do the comparison process with the rest of the surrounding areas, as some of the areas covered by the real estate area and cannot live in them, such as a balcony, corridors and elevators, fall within the calculations of square meters.
The size of each room in the property is another important point that must be taken into consideration, and regardless of the number of people who will live in the property, comfort will be ensured through the correct distribution of space and square meters of the apartment.
- Home view :
Does your house have a beautiful view ? Or overlooks barren land ? Make sure that there is no factory in front of the building , in order not to spoil the beautiful environment surrounding it , these questions and other most important conditions for buying an apartment in Turkey . You should make sure of all of this , as you can simply go to the municipality in the area where you live , and ask them to see the urban plan for that area , after you tell them that you want to buy a house in it . Certainly they will not hesitate to help you , and to provide real estate advice to you , and then they will provide you with the necessary information .
Istanbul city is characterized by the diversity of its geography , which added a great value to the real estate market in Turkey , there are houses with sea views , lake views , forest view , Bosphorus view , and a charming view of the entire city from the high towers , you have various options to choose a view Your home in Turkey to suit your taste .
- Quality finishes and real estate :
Certainly , the quality of the cladding and high-quality finishes , and the varied and luxurious decorations , play an important role in raising the value of the property , especially if it contains luxury types of building materials , such as marble and ceiling decorations , as well as other modern fixtures .
What are the most important factors affecting real estate prices in Turkey in the real estate evaluation process ?
Certainly , real estate prices in Turkey vary , depending on the movement of the market , supply and demand , the state of the property , the services included in the project , and even its defects , which may lead to a low price at times . However , there are other factors of great importance that play an important role in raising the value of the property and its price , such as its view of ancient historical monuments or attractive landscapes , and that also shows data and statistics related to real estate sales prices in Turkey and related to the concept of determining the price of the property , which conducted during the past five years .
Premium real estate in Istanbul
RH 163 - One of the best projects in Maslak , ready for housing with a view of Belgrade Forest
Apartments for sale in Istanbul in a huge project like a full-service city , which includes a shopping center , 5-star hotel and integrated social facilities .
The project provides an ideal choice for housing and investment . The project was built in three phases : the units of the first residential phase have been completed and fully sold , the second phase includes shops and a shopping center , while the third and final phase is a mixture of residential and commercial apartments .
The project is located on the European side of Istanbul , specifically in Maslak , one of the largest real estate development areas in the city .
Maslak is one of the main central districts of Istanbul and it is one of the fast-growing areas of the city .
Maslak area is close to transportation links that will take you to all parts of the city in a few moments , and you can easily access the main areas and sights of the city .
Maslak is the ideal area for investment in Istanbul , where it promises high profits and high returns on investment in a few years .
The project is located only minutes away from Taksim and Levent , not more than 5 minutes from Bosphorus , and 25 minutes from Istanbul's third airport , which gives it strategic and investment importance .
The project is located near the metro station and public transport .
The project is located in the Cendery Valley , among the regions of Istanbul that have gained the highest value .
The project is located next to Maslak and Levent , which provides a pleasant life with transportation opportunities .
The project attracts attention through its location close to shopping centers , arts , health facilities , transportation and education centers .
All the project details in this link : RH 136