Posted by admin on December 17, 2012
Istanbul has been emerging as the best city in Europe for property investment. There are massive surveys held on European investors, fund managers and other real estate professionals to gauge sentiment, and Istanbul was ranked first for new acquisition opportunities, development opportunities and second for existing property performance. As per the reports, Istanbul is a city of great investment potential and all investors felt very confident about the market here.
Istanbul is not only the city with the fastest growing population, but it is also considered as the fastest growing city economically, with a 7% GDP growth and 10% employment growth. There is also a substantial growth in the industrial sector and commercial property sector, especially retail and office sectors.
Istanbul is also famous for its well known culture and that’s why many investors find an opportunity to buy property and benefit from the strongly predicted future capital growth.
If you are looking to invest your money in the property market, this is the right place as you will find a combination of low price, rapid economic growth, high liquidity and low interest rates. That’s why it is very high in demand amongst the local buyers and people from around the world.
Turkish economy is in good fiscal condition and the economy is growing very fast here. It is said to be the best investment place in Europe and stands at the top in any kind of competition.
Many people also feel interested in buying property in Istanbul because of the massive tourism industry and having a very high potential for future growth. No matter, real estate business around the world is going through its ups and downs, Istanbul real estate has always been the center of attraction for many people.
Posted by admin on August 18, 2009
The best way to make a fortune is by investing in the real estate market. You will always notice that rich people are doing this kind of investment in most cases and this has actually triggered the desire among the common masses to try and follow their footsteps. You may be thinking of building up a very beautiful and affordable apartment for yourself but after having seen the apartments of others in that area of its kind will turn down your feelings. People will not buy a home if they really do not need it whatsoever. As an investor, you might be able to make some money by selling that home but if you had placed your home in some other area where your property could have looked one of its kind, you would have earned more.
Most of the investors fail to make good amount of money while selling their homes because of their placing their projects in those areas where there is no market, or there isn’t any left for them to cater to. Rich investors have been able to get more success in this field because of their launching their projects in the right time when there is more demand. Do a thorough research while selling your property and keep an eye out for certain events. These are some crucial factors that will give you a go signal for putting your plans into action, and that’s what true investment in real estate is all about.
Timing is very important when you are selling your property in a certain area. For example, if there has been a rapid increase in the job opportunities in a certain area, more and more people will be coming to that place looking for work. The first important thing that they will be looking for is a place to stay, like an apartment or a house. This is the perfect time to sell your property and make big profits.
When people have starting living in a new area, the next thing that they will need the most is a convenience store or a mall from where they can purchase items of daily needs. Opening of a theme park can also make a spike in the real estate market, as it does have the tendency to attract thousands of people wanting to be near it.
You’re definitely not in direct competition with those guys, since you’re selling their market something different (win-win situation). Now all of it may take time before it comes into play, that’s why it’s important that you be patient. By taking your time, analyzing, and waiting for the right time to act, you’ll be sure to make a fortune. Investing in real estate isn’t a get rich quick scheme, but a get rich sure one.