|By PR Newswire||
|April 6, 2014 01:00 AM EDT||
ISTANBUL, April 6, 2014 /PRNewswire/ --
Headquartered in Istanbul, Projebeyaz International realizes the opportunities offered by the Turkish real estate market thanks to the new laws and the rise in the USD, providing professional solutions for all real estate demands for the purposes of both investment and residence.
Projebeyaz International offers corporate and professional consultancy service in the Turkish real estate sector, a focus center for investors from the Gulf States, advising them not to miss out on the new opportunities. Tolga Han, Vice President of Projebeyaz International, noted that the legal regulations implemented in Turkey as well as the rise in the USD during the previous year created new attraction conditions for investors from the Gulf and emphasized that 12,000 houses with a total value of $3bn will be sold to foreigners at the first phase in this growing market. Tolga Han stated that they will be meeting with investors from the Gulf at the Kuwait International Property Show to be held between April 7th and 12th. "The Turkish real estate sector attracts great numbers of investors from around the world. There is great opportunity for foreign investors at this point as the rise in the USD has not been reflected in construction costs. Potential investors from Gulf States will play a key role in this significant development. Our advice to Gulf investors is to act early to position themselves as profitable sellers instead of making purchases from other investors."
Tailored solutions for all demands
Tolga Han indicated that they develop customized solutions for investors, offering a wide range of services for real estates within individual and multiple projects. Han underlines that investors should define whether they will use the real estate demanded for residence or for investment purposes. "When they make their mind about it, we offer them a brief touristic trip to introduce them with their desired area, with its geographic and cultural features. Then we focus on the real estate. We seek the best real estate to meet the demand. Then we provide services in every stage of the real estate purchasing process from the preparation of financial reports for the real estate in which the investor is interested, to the performance of all official procedures for the purchase of the real estate and the property management of the real estate purchased." Han marked that they create solutions considering any type of details and explained that they have capabilities to develop real estate plans based on, for example, the location of the schools meeting the requirements of investors who care about the education of their children.
Han pointed out that Turkey has been a passage for the trade roads between the east and west since the Ancient Ages, noting that Turkey offers several advantages to the business world thanks to its geographical position. Han referred to the advantages of owning a real estate in Turkey, an attractive country with its mild climate, history, and touristic aspects, underlining that Istanbul would be an attractive destination for investors as it is located at maximum 4 hours flight from world centers including London, Dubai, Berlin and Paris.
Be careful when buying real estate!
Tolga Han remarked that the market share of Projebeyaz International in the Middle East is 15 percent with plans to increase this rate to 50% next year and pointed to Turkey as a reliable destination for investors from the Gulf. Han underlined that investors from Gulf States who entered into the Turkish market before had bad experiences. "Some Gulf investors entered into the market without thorough research, deceived by the high profits offered by the Turkish real estate sector. However, they had negative experiences. As one of the most prominent real estate consulting companies in the sector, we are ready to provide the best service to Gulf investors in sales and partnerships. We are willing to partner with these investors on a wide array of fields to prepare an appraisal report for the real estate before purchasing, facilitate return on investments through after-sales property management, deliver project design and land development, engage relevant partners during the construction phase and provide local and international organization services, and execute the sale."