After the Turkish government provided a lot of facilities to real estate investors in Turkey, and after the real estate investment development, many investors came to Turkey in order to take advantage of these facilities, and because the real estate sector continues to develop and progress, real estate investment is profitable in Turkey, but there are some cases that led to the failure of investment What are these cases and how can they be avoided?
The most important reason for the failure of real estate investment in Turkey is choosing the wrong place, where the much-needed property must be chosen by the owners of the country themselves, and Turkey is full of historical areas even in the city center, so modern projects must be chosen, and it is preferable that the location of the property not be on the outskirts of the city due to the difficulty of transportation And the lack of facilities and service centers in it.
The second reason is to target cheaper properties, as the investor must know the real value of the property. If the property is cheap, high returns are not expected from it. But if the property is of an appropriate price and deserves its value, the investor can at least sell this property with the right price and high demand. At a more expensive price after a period of time from one to five years, as the properties with the appropriate location, the investor usually expects a price increase of 2-5% maximum annually.
For investors who do not want the property for housing, it is better for them to choose the commercial property, because the returns of commercial properties are higher than the returns of residential properties.
