It is preferred by many foreign investors who want to own commercial property in Turkey, given that investing in commercial real estate is more profitable, It can be said that his profit is guaranteed. based on the commercialization of many former foreigners.
Those who took the step of investing in commercial real estate, saw their idea succeed in being a source of income and achieving a high financial return for them.
Turkey is a country that provides various services for foreigners on a large scale, and this is the most important reason for attracting investors from all over the world,
as it offers a lot of strong buying options in the real estate field, whether the investment is in a store, warehouse, hotel, or other types of commercial real estate.
The investors then can practice many successful commercial activities, away from investment through the process of buying and reselling with profit returns, or leasing out to other businessmen wishing to open investment projects.
Advice for buying a commercial property in Turkey
The area of commercial real estate in Turkey
Focusing on the purchase of commercial real estate with a large area is very important, since narrow business environments can greatly impede the daily workflow and even create a kind of chaos and disorganization,which can greatly affect the desired returns from investment.
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Front view of the commercial property
It is necessary to choose the front of the estate, so that it is well suited to the field of work, and its features.
There are many businesses that require that the work environment be comfortable for customers and clients, and the front is the first point of attraction for many customers.
It is also very important to pay attention to the back of the property, so it would be good to use it, to be a designated area for stores, for example, or this varies according to the purpose of use. The property may be a restaurant, so the idea of making the area in the back of the property is an appropriate idea here, and if the property is a clothing store, it would be appropriate to make the back area for storing clothes and goods.
It is good to pay attention to the availability of sufficient parking spaces, and you must make sure of this before purchasing a commercial property in Turkey.
Whether those cars are workers’ cars, or customers’ cars,attention must also be paid to the presence of commercial real estate close to various means of transport and transportation, to attract the largest possible number of customers.
Among the most accessible means of transportation in Istanbul, for example, are the Metrobus, metro tramway and public transport buses.
It is important for the investor to pay attention to the proximity of the commercial property to these facilities.
The commercial property matches the type of investment
The focus must be by property buyers in Turkey with the aim of: Provided that there is some kind of agreement in the general atmosphere of the region, or the street in particular, in which the property is located with the type of investment. For example, it is not logical that the property is a shop for selling luxury international brands, and is very expensive and is located in an old popular neighborhood of the city.
Legal status of commercial real estate
The foreign investor wishing to buy the property must be familiar with all legal matters related to his property, i.e. the extent of his compliance with licensing matters. According to the type of real estate investment, for example, some areas are not allowed to practice specific activities.
It is necessary to pay attention to the integrity of the purchase contract, and to ensure that the property is not registered as a mortgage, etc.
The location of the commercial real estate
The location is of high importance for real estate, as some activities are completely based on their geographical location, so the location must be studied well.
It is also related to the process of reselling this property in the future, and not only for profit from the commercial investment of the real estate project.
So the value of the property that is located in central areas and vital streets is more than others located in narrow or remote areas.