BUYING AN APARTMENT AS AN INVESTMENT
Turkey, which has recently been awarded with many opportunities such as incentives for investors, citizenship and VAT exemption, is one of the most preferred regions as a location for investors. It is expected that Turkey, with its growing number of tourists and skilled workers, infrastructure and transport developments, unique coasts and historical regions, will be the most important country in Europe in the short and medium term.
The developing real estate market in Turkey allows foreign investors to move to Turkey. Universities established in many regions of Turkey also stimulate the real estate market. These buildings, built mainly for students and meeting the requirements of these students, are known as apart or studio apartments and have recently become one of the most popular real estate.
These structures, which gained momentum after the 2000s and are known as one-room or 1+1 or 2+1 buildings, appear as structures that allow people to live more than one or two people. These structures ensure that people can live with more appropriate budgets and thus their expenses are lower.
The apartments can also be used as an apart-hotel. These apartments can be rented for certain periods or annually. The rental method is considered the most preferred method of apartments. Apartments can also be rented using methods known as day rent.
The apartments are usually rented out to students, single people or single people outside the summer season. Individuals or companies with a sufficient budget can purchase most or all of the buildings in which these apartments are located and use them for hotel purposes. These companies can generate income by turning such apartments into dormitories.
THE COMMON QUESTION OF FOREIGN INVESTORS: WILL APARTMENTS BE BOUGHT?
Recently, the minimum life feels more and more with each passing day. Minimal living allows people to demand even apartments and studio apartments. This increases the need for studio and apartment apartments.
The vast majority of apartments sold and rented as apartments today are offered to customers furnished. The furnished apartments are mainly aimed at business travelers, students who do not want to deal with the purchase and sale of items, vacationers who want to feel at home instead of staying in a hotel, and people who pursue similar goals. People who do not want to risk their comfort and want to move more comfortably prefer such apartments. The prices of apartments are more economical and comfortable than those of apart-hotels, and they manage to bring the apartments in front of the hotels.
Buying an apartment is cheaper than buying a regular apartment. The rent and the guarantee that they can be sold in the coming years make the apartments one step ahead of their alternatives. The fact that the rental yields of apartments are higher than those of standard apartments allows people who buy apartments to receive higher profits in the short and long term.
For example, in cities where the annual return of a standard apartment in a region is 20 thousand TL, the returns of apartments can be much higher than 20 thousand TL. If the budget / profit analysis is carried out, apartments can be purchased at more affordable prices than standard apartments and show that apartment apartments can be more profitable at cheaper prices.
WHAT YOU SHOULD CONSIDER BEFORE BUYING AN APARTMENT
People who want to buy an apartment should pay attention to some details before buying. The location of the apartment, project characteristics, target audience and environmental factors can directly affect the rate of return and profitability of the apartment. For this reason, it is important that those who want to invest in the apartment first carry out a good analysis and research the apartment to be acquired.
Location
If an investor is considering investing in an apartment, he must first study the location of this apartment. In this process, it is important that the person who is going to make the purchase receives information from real estate consultants, rather than from the words of the people around them. Learning about short-, medium- and long-term projects planned in this region when choosing a location also directly affects the profitability of the investment. That is why the people who invest in the apartment receive information from a real estate consultant who knows the region well and has detailed information about the investments made, helps people to make a profit by preventing financial losses.
PROJECT CHARACTERISTICS OF THE APARTMENT
Another feature that the person who is going to invest in Apart should take into account is the structure and features of the project. The people who invest in the apartment need to evaluate in detail the projects of the apartment they are buying. The internal and external features of the apartment determine the value of the apartment. Gyms, swimming pools, shopping centers and similar functions increase the value of the apartment. Apartments with such characteristics help investors to make long-term profits by generating more income.
TARGET GROUP AND ENVIRONMENTAL FACTORS
One of the elements that the investors of the apartment should pay attention to are audience and environmental factors. Elements and target groups that are located near an apartment can also change prices.
The fact that educational institutions such as universities and colleges are located near the apartment means that students can rent this equipment. The fact that the apartment is located near the hospital allows hospital employees or relatives of patients to visit these apartments. The fact that the apartment is located near exhibition centers and business centers helps people who come to the area on business trips to choose a daily rental apartment. An apartment with a beach nearby allows people who are considering a short and long-term vacation to show a demand for such housing. An apartment with historical monuments and historical sites nearby allows vacationers to give preference to this type of device.
WE AT 2CLICKS ARE READY TO ACCOMPANY YOU.
As 2clicks, one of the leading companies that manages the purchase of real estate in Turkey,
We are happy to answer all your questions about buying real estate and avoiding any dubious offers.
You can also contact us to use the services we offer, and after our conversation you will find answers to questions.
Turkmen Mahallesi, Haikara Street, B-Block No. 21 B, Kusadasi-Aydin, Turkey You can reach our company at +90 (544) 443 46 24, you can get a quick conversation on WhatsApp or send us an email at: [email protected]
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