{"id":21402,"date":"2023-06-21T13:47:22","date_gmt":"2023-06-21T13:47:22","guid":{"rendered":"https:\/\/firstistanbul.com\/?p=21402"},"modified":"2023-10-10T14:15:52","modified_gmt":"2023-10-10T14:15:52","slug":"investment-methods-in-commercial-properties-in-turkey","status":"publish","type":"post","link":"https:\/\/firstistanbul.com\/blog\/investment-in-turkiye\/investment-methods-in-commercial-properties-in-turkey\/","title":{"rendered":"The criteria that determine investment methods in commercial properties in Turkey"},"content":{"rendered":"<p><span style=\"font-family: georgia, palatino;\"><strong>Commercial properties in Turkey<\/strong> are considered a distinctive gateway to the vitality of the <strong>Turkish economy<\/strong>, which has recently witnessed comprehensive reforms summarized in the following aspects:<\/span><\/p>\n<ul>\n<li><span style=\"font-family: georgia, palatino;\">Implementing important reforms in several vital sectors such as the <a href=\"https:\/\/firstistanbul.com\/blog\/real-estate-news\/advantages-and-disadvantages-of-real-estate-investment-in-turkey\/\"><strong>financial market<\/strong><\/a>, <strong>agriculture sector<\/strong>, social protection sector, energy sector, and transportation sector. These reforms have strengthened the infrastructure of economic institutions.<\/span><\/li>\n<li><span style=\"font-family: georgia, palatino;\">Taking measures to strengthen the Turkish economy and make it resilient to the economic fluctuations in global markets, through the establishment of semi-independent institutions in the sector.<\/span><\/li>\n<li><span style=\"font-family: georgia, palatino;\">Removing many bureaucratic obstacles and reducing some of them to a minimum.<\/span><\/li>\n<li><span style=\"font-family: georgia, palatino;\">Regulating the financial markets in a manner that aligns with the concept of the modern age.<\/span><\/li>\n<li><span style=\"font-family: georgia, palatino;\">Accelerating privatization processes and organizing public finance.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-family: georgia, palatino;\">Criteria for purchasing commercial properties in Turkey:<\/span><\/h2>\n<ol>\n<li>\n<h3><strong><span style=\"font-family: georgia, palatino;\"> Choosing the location of the commercial property:\u00a0<\/span><\/strong><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">The <strong><a href=\"https:\/\/firstistanbul.com\/\">commercial property<\/a><\/strong> should be in a central market area crowded with pedestrians. As the saying goes, &#8220;Opportunity knocks when feet are crowded.&#8221; It is also important to consider the success of similar projects in that location, and the site should be close to major city roads.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">\u00a0\u00a0<\/span><\/p>\n<ol start=\"2\">\n<li>\n<h3><strong><span style=\"font-family: georgia, palatino;\"> Public transportation network:\u00a0<\/span><\/strong><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">If your project relies on transportation, you should choose a location that facilitates movement and is served by public transportation, metro lines, and major public roads.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">\u00a0\u00a0<\/span><\/p>\n<ol start=\"3\">\n<li>\n<h3><strong><span style=\"font-family: georgia, palatino;\"> Public facilities and services:\u00a0<\/span><\/strong><\/h3>\n<\/li>\n<\/ol>\n<p><strong><span style=\"font-family: georgia, palatino;\">Certain important facilities should be available when choosing commercial properties, including:\u00a0<\/span><\/strong><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">&#8211; The vicinity of the commercial property should have indoor or outdoor parking facilities and car parking services if possible.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">&#8211; Proximity to ATMs is preferred.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">&#8211; Especially if the property is within a shopping mall, it should have modern technological infrastructure that keeps up with advancements.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">&#8211; Modern elevators should be available in commercial complexes and should be regularly maintained.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">&#8211; Central heating services are also of great importance, especially if the commercial property is large and customers need to spend time shopping, such as in hypermarkets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">&#8211; 24-hour security surveillance using modern techniques such as surveillance cameras should be provided.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">\u00a0\u00a0<\/span><\/p>\n<ol start=\"4\">\n<li>\n<h3><strong><span style=\"font-family: georgia, palatino;\"> Value of commercial properties in Turkey:\u00a0<\/span><\/strong><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">It is a mistake to rely solely on financial factors when deciding to rent or purchase a commercial property. Of course, you should keep your general expenses low. Establishing your project in a cheap and poor location is a major cause of failure.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">\u00a0\u00a0<\/span><\/p>\n<ol start=\"5\">\n<li>\n<h3><strong><span style=\"font-family: georgia, palatino;\"> Ensure legal documentation:\u00a0<\/span><\/strong><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">The licenses for the commercial property should be valid, legal, and documented by an official authorized authority.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">\u00a0\u00a0<\/span><\/p>\n<ol start=\"6\">\n<li>\n<h3><strong><span style=\"font-family: georgia, palatino;\"> Seek assistance from a reliable advisor and expert in the Turkish real estate market:\u00a0<\/span><\/strong><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400; font-family: georgia, palatino;\">Choosing to collaborate with an expert in the real estate market will save the investor a lot of effort and time. Seeking their assistance will act as a solid fortress against slipping into matters that may harm the investor and incur financial losses. Moreover, the expert will ensure a satisfactory purchasing process at the same time.\u00a0<\/span><\/p>\n<p><span style=\"font-family: georgia, palatino;\">when considering the purchase of <strong>commercial real estate in Turkey<\/strong>, it is crucial to carefully evaluate various factors. The location should be strategically chosen, taking into account the presence of a bustling market, accessibility to transportation networks, and availability of essential facilities and services. <\/span><\/p>\n<p><span style=\"font-family: georgia, palatino;\">Additionally, considering the value of the property beyond financial aspects and ensuring proper legal documentation are vital steps. Seeking guidance from a reliable advisor and expert in the Turkish real estate market can greatly contribute to a successful and satisfactory purchasing process. <\/span><\/p>\n<p><span style=\"font-family: georgia, palatino;\">By following these considerations, investors can make informed decisions and pave the way for a prosperous commercial venture in Turkey.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commercial properties in Turkey are considered a distinctive gateway to the vitality of the Turkish economy, which has recently witnessed comprehensive reforms summarized in the following aspects: Implementing important reforms in several vital sectors such as the financial market, agriculture sector, social protection sector, energy sector, and transportation sector. These reforms have strengthened the infrastructure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[154,155,156,151,152],"class_list":["post-21402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-turkiye","tag-city-center","tag-coastline","tag-istanbul","tag-turkish-citizenship","tag-turkish-real-estate"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts\/21402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/comments?post=21402"}],"version-history":[{"count":8,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts\/21402\/revisions"}],"predecessor-version":[{"id":21926,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts\/21402\/revisions\/21926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/media\/21670"}],"wp:attachment":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/media?parent=21402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/categories?post=21402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/tags?post=21402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}