Lovekush Sain

Lovekush Sain

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In the period between 1920 to 1938, Romans and Bulgarian migrated to the central regions and settled in its northern part.It has become a popular residential area among Turkish and foreign nationals due to the affordable budget constraints and property prices as compared to the Istanbul city center.With a total population of 891,120, Esenyurt is the most prestigious and populous area of Istanbul offering a stream of recreational and standard-living opportunities to residents.TransportationIn terms of transportation, Esenyurt has multiple conveyance alternatives and has easy connectivity to other districts of the city.The development is formulated to take place primarily near the TEM and D100 highways and its associated roads, thereby paving the way for new real estate developments.Places to visit in EsenyurtEsenyurt is one of the largest districts in terms of surface area and is also the most sought-after region of Istanbul.Famous for its shopping centers, parks, and cultural centers, there are dozens of monuments and social places to visit.Famous monuments, statues, sculpting replicas, and intricate work leaves the visitors stunned and obviously with a fetish for sweet and delicious chocolates.
Foreign property buyers usually grant power of attorney to a recognized lawyer or real estate consultant in Turkey to handle the entire purchasing process for them.As defined by the Turkish laws and real estate regulations, a set contract is used post-translation and is represented at the public notary office.Specific Power of Attorney is the most used and normal route that foreign nationals take while purchasing a house in Turkey.General Power of Attorney: This furnishes a general authorisation to the solicitor or real estate consultant to represent you legally in all subjects and matters.What to consider when giving the Power of Attorney in Turkey?Choose wisely as to who you are authorizing and giving power to.If you do not have plans to sell your house, there is no need to inculcate the sellers’ rights in the consent.Likewise, a general POA gives someone the authority on your behalf to gain access to credits.
Therefore, thinking about expanding the base of investment and allocating it to different geographical areas is the right thing that you do.In this article, we provide you with an important comparison between the real estate in Turkey and real estate in Lebanon as they are considered an amazing tourist attraction places and investment destinations in the Middle East.A general overview of the real estate in LebanonIn the heart of the Middle East, Lebanon stands out as a unique tourist destination for many Arabs and foreigners, and since the beginning of the current decade, the real estate in Lebanon has witnessed a great leap and a large increase.Real estate sector now accounts for 25% – 30% of the total value of the Lebanese economy.But the turbulent conditions that the Arabic region has suffered from 2011, have imposed itself and created a big gap between supply and demand which put the real estate market in Lebanon in a bind, especially when comparing the purchasing power for the real estates with the real estate evaluated prices.Despite the fact that there is a large number of construction projects in the Lebanese capital Beirut, where the flat price in some cases exceeded 1 million dollars.Saying that the number of building permits in Beirut decreased by 8% in the first half of 2018 compared to the previous year, while the real estate deals also decreased by 17% during the first quarter of 2018 compared to the same period last year.A general overview of the real estate in TurkeyTurkey’s real estate market is a promising and ambitious market with great interactivity, especially when it comes to the flexible government laws and regulations that facilitated the foreign ownership of real estates in Turkey, where those laws and regulations shifted the real estate investment to new levels.After only ten months of activating The law abolishing the principle of reciprocity and allowing the citizens of a number of countries around the world to own properties in Turkey, foreigners could purchase about 21691 real estates, Arabs were in the top of the foreign investors list by about 2697 properties, equivalent to 10% of the total investment value for that period.In addition to that, the real estate in Turkey has a promising future and its current market is unique due to the investment diversity and economic strength of the Turkish state, which is, in turn, related to the political and economic stability of the Turkish state.The number of houses that have been sold to foreigners in 2017 was about 22234, which is an annual increase of 22.22%.The Turkish government’s efforts continue in supporting investments in Turkey through a package of measures and offers, including a number of tax incentives as well as reductions in investment ratios that entitle the investor to obtain the Turkish citizenship.After we had this quick overview of the real estate market in both Turkey and Lebanon, let us go deeper to see what is characterizing the real estate in both countries:Views of houses in LebanonLebanon has a unique view that makes its houses one of the most important tourism destinations in the Middle East.
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Home to financial and economical institutions as well as mega business centers, it is drawing Turkish and property investors from across the world.Separating the districts of Bagcilar and Kucukcekmece, Basin Ekspres is steadily transfiguring from an unheard location to a global name.With new constructions, project investments, entertainment centers, and service facilities, it is attracting tens of thousands of investors and international business associates.Ranging from affordable housing to luxury apartments with state-of-the-art technology such as smart home systems, the most sought-after region has everything to offer.Let’s examine the factors that make properties near Basin Ekspres so appealing to real estate buyers.The strategic and dynamic locationStrategically situated in the middle of European Istanbul, Basin Ekspres sits at the crossroads of main highways with seamless connectivity to other parts of the city.However, this new regenerating area has affordable real estate prices as compared to its neighborhoods, enabling investors to get their foot in the door.Basin Ekspres naturally lends its appeal to multinational professionals and offers solid buy-to-let investment opportunities in a fast-paced city.Transportation connectivityTaking into consideration the prime location of this region, the Turkish government has recognized the significance of Basin Ekspres.This is the region where Istanbul’s three main highways intersect.
 Istanbul is home to multicultural races and ethnicities, amalgamating vibrant traditions of eastern and western influences.In recent years, it has made progressive expansions in the tourism and real estate markets, making it a billion-dollar industry.The serene transcontinental city has witnessed a flurry of interests in property development and mega real estate constructions.When it comes to garnering foreign real estate investors from every corner of the world, Turkey’s financial and economical capital is the star performer.To provide a transparent overview of top real estate listings, our series of Turkish Real Estate Conversations are designed to offer a detailed rundown of properties for sale in Istanbul.In an attempt to provide real estate investors with full factual insights into our project listings, our CEO Mr. Abdulhadi Alalouch puts himself in the buyer’s position tossing all the right investment concerns.Watch his insightful interaction with the property’s Sales Manager here: bit.ly/323ieHZ  Prime Istanbul Residences Basin EkspresPrime Istanbul Residences is centrally located in Basin Ekspres and is one of the most distinctive real estate projects in Istanbul.The Press Ekspres, Çobançeşme and Ataköy bands also adjoin the Prime Golden Axes Havalim.
 Istanbul is home to multicultural races and ethnicities, amalgamating vibrant traditions of eastern and western influences.In recent years, it has made progressive expansions in the tourism and real estate markets, making it a billion-dollar industry.The serene transcontinental city has witnessed a flurry of interests in property development and mega real estate constructions.When it comes to garnering foreign real estate investors from every corner of the world, Turkey’s financial and economical capital is the star performer.To provide a transparent overview of top real estate listings, our series of Turkish Real Estate Conversations are designed to offer a detailed rundown of properties for sale in Istanbul.In an attempt to provide real estate investors with full factual insights into our project listings, our CEO Mr. Abdulhadi Alalouch puts himself in the buyer’s position tossing all the right investment concerns.Watch his insightful interaction with the property’s Sales Manager here: bit.ly/323ieHZ  Prime Istanbul Residences Basin EkspresPrime Istanbul Residences is centrally located in Basin Ekspres and is one of the most distinctive real estate projects in Istanbul.The Press Ekspres, Çobançeşme and Ataköy bands also adjoin the Prime Golden Axes Havalim.
 The last few years have witnessed a massive influx of foreign investors buying real estate in Turkey.However, the situation differs when he buys a house in a foreign land.He may face some fear or hurdles as the government policies and taxation systems vary in different countries.By spending a little extra amount on a real estate legal advisor, you will be able to safeguard your investment capitals.Turkish regulations and laws are formulated in a way that makes it easy for property buyers and sellers to exchange money and deeds.Since it is advantageous to be compliant with the Turkish laws, even Turkish property buyers are getting underway to hire legal advisors for shielding their real estate purchases.With years of experience in the Turkish real estate market, we observed that people who fell victim to terrible deals or frauds neglected to seek aid from registered legal experts to complete their purchase.
Istanbul is considered as an amalgamation of the modern and old city as well as Mediterranean and Islamic mixture of cultures in an engrossing atmosphere.Ever since the government simplified the property purchasing and paperwork processes, Istanbul has witnessed a significant increase in housing sales.Property selectionChoosing the right apartment and real estate is not always easy.These areas represent recent urban developments and expansions in Istanbul.When you are planning to buy a property, decide if you want to spend your money on buying a completed or an off-plan project.Opt for the right neighborhoodNo matter who or where you are, Istanbul always manages to capture our hearts.It is best to take a city tour to decide where you wish to live, whether it’s a gorgeous villa in Maltepe or a modest apartment on the Asian side.
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Whether it is a serene port on the European side or a retreat on the dazzling Black Sea, the city never fails to cast its charm on the visitors.For those who wish to explore famous beaches near Istanbul’s idyllic locations, here are some of our favourite and highly-acclaimed coastal locations.Babylon beachIt is one of the best northern beaches near Istanbul.The verdant greenery and surrounding mountains create a utopian atmosphere, ideal for getting away from the city’s commotion.There are also a lot of leisure and water sports activities to do including volleyball and badminton.The exciting trekking, motorbike racing, and caravan camping opportunities attract tourists and locals alike.Surrounded by rolling green hills, this sandy yellow beach is located on the Black Sea coast and has bars, walking trails, and free WiFi.Golden beachGolden beach is situated in Rumelishisari where the Black Sea and the Marmara Sea meet.
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Whether it is a serene port on the European side or a retreat on the dazzling Black Sea, the city never fails to cast its charm on the visitors.For those who wish to explore famous beaches near Istanbul’s idyllic locations, here are some of our favourite and highly-acclaimed coastal locations.Babylon beachIt is one of the best northern beaches near Istanbul.The verdant greenery and surrounding mountains create a utopian atmosphere, ideal for getting away from the city’s commotion.There are also a lot of leisure and water sports activities to do including volleyball and badminton.The exciting trekking, motorbike racing, and caravan camping opportunities attract tourists and locals alike.Surrounded by rolling green hills, this sandy yellow beach is located on the Black Sea coast and has bars, walking trails, and free WiFi.Golden beachGolden beach is situated in Rumelishisari where the Black Sea and the Marmara Sea meet.
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 You may have heard many of your relatives or friends intend to visit Turkey and then find them after a while that they have bought a house in Istanbul or Trabzon.Overview of the real estate sector in TurkeyThe Turkish real estate market is a vibrant and interactive market especially with the flexible laws and regulations which were issued specifically to develop the market into another investment level, and this is what already happened.Turkey has moved into a new rank within the real estate investment ranks when the Turkish government allowed the foreign investors to own real estates in 2001 and developed it in 2012 by issuing a law abolishing the principle of reciprocity and allowing the citizens of 182 foreign countries to have their own properties and purchase real estates, which made the foreign investor’s money flow in Turkey through the purchase of real estates and lands.After only ten months of implementing The law abolishing the principle of reciprocity and allowing the citizens of a number of countries around the world to own properties in Turkey.And in 2013, the minister of Environment and Urban planning ministry Erdogan Bayraktar announced the total revenues of selling the property to foreigners amounted to about 5 billion dollars.The Turkish real estate market continued to rise presenting attracting offers at affordable prices.Which was interesting for foreigners willing to immigrate to Turkey and for those looking for the high investment opportunities.What kind of properties do Arab investors prefer?let us have a look at the kind of real estates in Turkey that Arabs do prefer, regarding the real estates, Arabs top priorities come with the purpose of tourism and entertainment, this is why we find that Arabs real estate’s investments first priority is to buy apartments and houses where mixed uses and integrated functions are available, with entertainment use purpose through the nature views and overlooks to beautiful natural scenes or buying nearby the Turkish seaside, or in the city center of the capital of Turkey.A comparison shows why the Arabs prefer the Turkish cities to other global ones.The success of an investment or its failure depends, in fact, on many factors.
 You may have heard many of your relatives or friends intend to visit Turkey and then find them after a while that they have bought a house in Istanbul or Trabzon.Overview of the real estate sector in TurkeyThe Turkish real estate market is a vibrant and interactive market especially with the flexible laws and regulations which were issued specifically to develop the market into another investment level, and this is what already happened.Turkey has moved into a new rank within the real estate investment ranks when the Turkish government allowed the foreign investors to own real estates in 2001 and developed it in 2012 by issuing a law abolishing the principle of reciprocity and allowing the citizens of 182 foreign countries to have their own properties and purchase real estates, which made the foreign investor’s money flow in Turkey through the purchase of real estates and lands.After only ten months of implementing The law abolishing the principle of reciprocity and allowing the citizens of a number of countries around the world to own properties in Turkey.And in 2013, the minister of Environment and Urban planning ministry Erdogan Bayraktar announced the total revenues of selling the property to foreigners amounted to about 5 billion dollars.The Turkish real estate market continued to rise presenting attracting offers at affordable prices.Which was interesting for foreigners willing to immigrate to Turkey and for those looking for the high investment opportunities.What kind of properties do Arab investors prefer?let us have a look at the kind of real estates in Turkey that Arabs do prefer, regarding the real estates, Arabs top priorities come with the purpose of tourism and entertainment, this is why we find that Arabs real estate’s investments first priority is to buy apartments and houses where mixed uses and integrated functions are available, with entertainment use purpose through the nature views and overlooks to beautiful natural scenes or buying nearby the Turkish seaside, or in the city center of the capital of Turkey.A comparison shows why the Arabs prefer the Turkish cities to other global ones.The success of an investment or its failure depends, in fact, on many factors.
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 “If the earth were a single state, Istanbul would be its capital”    -Napoleon BonaparteThe impressive progress made by the Turkish real estate sector has caught the attention of the global financial sector.The Mediterranean country has become the center of trade and investment in the world due to the secure environment and facilities it offers to investors across the world.The unprecedented movement of immigration in the country has also made it an ideal destination for diversified investments and lucrative commercial and economic businesses.As the government has formulated viable tax and property regulations, certain VAT exemptions have been put into force for foreign property buyers.What to consider while purchasing a commercial property in Istanbul?To avail maximum return on real estate investments, ensure that the commercial property that you intend to purchase has:Easy access to the city center and main roadsThe commercial space/office should have an uplifting working environmentThe property should have enough windows for proper ventilationThe commercial building should have a well-planned infrastructureIt should at least have an internal/external parking or valet serviceCentral cooling and heating features should be availableThe property should preferably be closer to commercial banks or ATMsProper maintenance of buildings and lifts should be done periodicallyWhy is Istanbul the perfect city to buy real estate in Turkey?Istanbul has picturesque landscapes, pleasant temperatures, and moderate climatic conditions, making it a perfect destination for tourism.Since it is the cultural and financial capital of Turkey, the occupancy rates in the hotels are nearly 85% on average all around the year.
 According to the Turkish Statistical Institute (TurkStat), Iranians bought a total of 3808 housing units in Turkey during the first eight months of the year.Real estate and tourismWhile a remarkable portion of foreign direct investment has been poured into the real estate sector, there has also been a laudable surge in capital growth in recent years.Despite the coronavirus outbreak and post-partial-lockdown, Irani citizens recommenced visiting Turkey and grabbed the available profitable investment opportunities.Furthermore, hotel occupancy in many Turkish cities displayed significantly elevated records and Iranians were one of the top-listers.Owing to the mesmerizing culture and traditions, property renting is a well-received lifeline for local traders, shops, restaurants, and homeowners.However, the ongoing tensions associated with military and political crises in Syria led to alternation in policies and laws implemented against immigrants.It is a beautiful transcontinental country that offers easy access to European and Asian sides.
Whether it is a serene port on the European side or a retreat on the dazzling Black Sea, the city never fails to cast its charm on the visitors.For those who wish to explore famous beaches near Istanbul’s idyllic locations, here are some of our favourite and highly-acclaimed coastal locations.Babylon beachIt is one of the best northern beaches near Istanbul.The verdant greenery and surrounding mountains create a utopian atmosphere, ideal for getting away from the city’s commotion.There are also a lot of leisure and water sports activities to do including volleyball and badminton.The exciting trekking, motorbike racing, and caravan camping opportunities attract tourists and locals alike.Surrounded by rolling green hills, this sandy yellow beach is located on the Black Sea coast and has bars, walking trails, and free WiFi.Golden beachGolden beach is situated in Rumelishisari where the Black Sea and the Marmara Sea meet.
The real estate market in Turkey is rapidly increasing and the ever-changing industry offers promising investment opportunities to national and foreign citizens.In new research that listed the 25 most progressive real estate sectors in the world, Turkey secured 14th position outpacing countries such as Greece, Spain, and Portugal.With new development projects and mega government investments pouring into the real estate market, investors from all over the world are actively seeking to purchase a property in Turkey.With high capital appreciation of the projects and the regions in general, property buyers often face difficulties in formulating an ideal and profitable investment plan.To assist investors and provide them with a solid run-through of the real estate projects, we have decided to showcase the facts, features, benefits, and key offerings of distinct projects with utmost transparency.In a series of Turkish Real Estate Conversations, we bring forth factual insights and overviews of the top ready-to-move and off-plan properties in the country.Let’s explore another premium Turkish residential project- Bomonti Residences by Rotana with our CEO Mr. Abdulhadi Alalouch in this concatenation.  
While Turkey and Greece are two very different countries, property buyers looking to buy houses in the eastern Mediterranean will notice that they have a lot of similarities such as: Long stretches of coastal areas, beaches, and seafrontsA common climatic zoneSimilar food interests- from sticky pastries to kebabs (gyros in Greece)Identical orientation to tourism When consolidated, these factors sum up to a substantial percentage of economies and financial stability of both countries.About GreeceGreece is known for its whitewashed villages, ancient ruins, Mediterranean cuisines, and beautiful beaches.The scattered islands surround the Grecian peninsula, enclosing mesmerizing landscapes, cultural and historical places, and buzzing nightlives.The mainland has vast areas of forests, rugged mountains, and lakes and the longest coastline in Europe.This is where Greece possibly has an edge since it uses the euro, one of the most stable global currencies.That is a situation where investors have to decide whether the glass is half empty or half full!Real estate market comparison between Greece and TurkeyAccording to the latest research, the price of the property in Greece per square meter is 77% higher as compared to Turkey.
 For first-time property buyers, families, or foreign investors, getting their foot on the Turkish real estate ladder may be an intimidating endeavor.From low-priced studio homes to luxurious villas and apartments, there are a myriad of projects to choose from.However, with every real estate developer and consultancy agencies popping up ‘home for sale’ ads, landing on the right property is often difficult.Therefore, to assist real estate buyers in making the right purchase decision, we offer a full overview of our listed properties such as investment benefits, risks, project features, developer details, payment plans, and more.In a series of Turkish real estate conversations, our CEO Mr. Abdulhadi Alalouch interacts with Polat Tower Sales Manager and throws light on another remarkable project in Istanbul.Watch him ask the important investment questions from a property investor’s perspective in this video. 
Whilst transaction trends have certainly slowed, the contraction depth has been relatively limited.According to the recent statistics of Knight Frank’s Global Residential Cities Index, several cities around the world have witnessed increased annual residential sales.In the first quarter of 2020, two Turkish cities- Izmir and Ankara took the third and fourth spot in the global residential cities list.Source: Knight Frank Izmir, Turkey and Budapest, Hungary were tied for second place in the ranking after each recorded similar annual change of 16.3%.The average global residential growth across 150 cities was recorded at 4.3%, which is still a significant figure amidst worst-hit pandemic situations around the world.Turkish capital economists are predicting revised GDP growth for 2020 as housing sales have rebounded faster than they were anticipated earlier.
 “If the earth were a single state, Istanbul would be its capital”    -Napoleon BonaparteThe impressive progress made by the Turkish real estate sector has caught the attention of the global financial sector.The Mediterranean country has become the center of trade and investment in the world due to the secure environment and facilities it offers to investors across the world.The unprecedented movement of immigration in the country has also made it an ideal destination for diversified investments and lucrative commercial and economic businesses.As the government has formulated viable tax and property regulations, certain VAT exemptions have been put into force for foreign property buyers.What to consider while purchasing a commercial property in Istanbul?To avail maximum return on real estate investments, ensure that the commercial property that you intend to purchase has:Easy access to the city center and main roadsThe commercial space/office should have an uplifting working environmentThe property should have enough windows for proper ventilationThe commercial building should have a well-planned infrastructureIt should at least have an internal/external parking or valet serviceCentral cooling and heating features should be availableThe property should preferably be closer to commercial banks or ATMsProper maintenance of buildings and lifts should be done periodicallyWhy is Istanbul the perfect city to buy real estate in Turkey?Istanbul has picturesque landscapes, pleasant temperatures, and moderate climatic conditions, making it a perfect destination for tourism.Since it is the cultural and financial capital of Turkey, the occupancy rates in the hotels are nearly 85% on average all around the year.
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