Advantages & Risks in Investing in Turkish Real Estate

Properties in your portfolio have always been considered low-risk, potentially high-reward, but be sure to do your homework and weigh the pros and cons before deciding to buy a property in Turkey (whether for personal use or purchase). to enable. 

Investments can be made directly or collectively in a variety of ways. This reduces your expenses, but obviously reduces returns, and usually requires a fee-charging fund manager. Some of the routes you can explore to incorporate real estate investments are:-

• Property unit trust
• Shares in listed real estate companies
• Real Estate Investment Trusts (REITs)

The Plus Factor

• Renting your property in Turkey can be a regular source of income. Whether it's a long-term rental or a popular holiday rental on the coast of Turkey, you'll get a healthy return on your investment.
• As a home investment. Inheritance taxes in Turkey are low, so buying a property in Turkey can be a long-term plan for family inheritance without the higher taxes levied by other countries.
• The real estate market is volatile, but research shows that as long as you're willing to wait, your investment will yield higher returns.

Risks to Consider When Investing in Real Estate

• You can't get your money out quickly - in fact, selling takes time.
• Putting a lot of money into a particular area is a big commitment, and real estate is never cheap, not even a good deal.
• Additional cost; real estate needs maintenance and upkeep. This needs to be assessed over the long term and included in your budget.
• Buying with a mortgage comes with additional risk. Is the rent enough to pay the mortgage? Do your homework! If you can't keep up with your repayments, the bank or mortgage lender will foreclose and confiscate your property. Also keep in mind that the types of mortgages you get may increase.

Do your homework, create a realistic budget, and prepare for long-term benefits, rather than executing quickly to reduce risk. Turkish real estate has proven to be a good investment in recent years, but the real estate market is volatile, so be prepared.