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Criteria For Selecting and Purchasing Offices and Shops in Türkiye

19/10/2023 Investment in Turkey 255 Criteria For Selecting and Purchasing Offices and Shops in Türkiye

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You want to invest your money in shops or commercial offices that are guaranteed to bring you good profits and returns, right? Let us pave the way for you to achieve this. All you have to do is read carefully and carefully the criteria for selecting and purchasing offices and shops in Turkey, which we will review for you in our article today.

Standards and details that must be available in any store or commercial office, otherwise you will see your money that you want to invest losing and its value disappearing due to a defect or miscalculation in one of the standards that we will list next. Damas Turk Real Estate begins its article with you with a short overview of the difference between shops and offices . Business in Turkey , wait! There are surprises at the end, let's go...

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What is the difference between shops and commercial offices?

Offices and shops in Turkey are considered leading investment ideas in the Turkish real estate market, as most investors from all over the world want to own them, because they usually have high and profitable investment returns, and they are always concentrated in major city centers such as Istanbul, Ankara, and Antalya.

First: shops

The concept of commercial stores means various spaces that provide commercial services or various services to people who are consumers. These stores are in locations and places designated for that, and it is not necessary for them to be everywhere. There is a popular term for them that may be closer to understanding, which is the shop, which is used by most people.

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These stores vary between commercial stores, factories, office spaces, and many, many others. Investors in general want to buy commercial real estate for several reasons, the most important of which is obtaining high investment returns , given that the tenants of these stores are commercial companies, so the contracts are always for a long period and at high prices. .

Second: Commercial offices

The concept of commercial offices is office apartments , by which we mean apartments that are used for work purposes only, and cannot be used for living at all, and this is what I find most in Istanbul projects specifically, and the reason is due to the nature of Istanbul as a business center and global meetings for merchants, capitalists, Musads, and others. also.

Successful investment for offices in Turkey depends on purchasing real estate in central and pivotal places in Turkey, and then offering these apartments to approved institutions and centers that provide their services to citizens, and are located in major projects, on main roads, and other pivotal centers such as those in Istanbul.

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Criteria for selecting and purchasing offices and shops in Türkiye

Now we will talk to you about the standards that must be met, in order for your commercial property to be eligible to recycle your money and return it to you with benefits and profits. Really be aware of these standards that pave the way for you so that you do not fall victim to losing the value of your money in light of your ignorance of the market, or lack of reliance. Find a companion and advisor for you on your journey, such as Damas Turk Real Estate

First: Choosing pivotal locations in city centers

The most sought-after offices and  shops in Turkey are always near trade centers, exhibitions, main roads, and city centers. Therefore, care must be taken to choose a unique location that must be in line with the styles of what is next to it, for example, an import and export office next to one of the maritime free zones!

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We always recommend buying offices and shops in Istanbul , why? Because it is the main center for many global exchanges at the level of all sectors, such as trade centers in Istanbul , exhibition cities in Istanbul , the business forum and the Musiad in Istanbul, all of this indicates that Istanbul is the best place to buy offices in Turkey  , followed by Ankara.

Let us assure you that the equation is 100 percent correct. Open the maps and search for Damas Turk Real Estate Company ! Yes, search and see the location of our commercial office where it is located!! The store is located in the World Trade Center in the heart of European Istanbul . Have you thought about how valuable the store is in this area? What is the importance of the location in it? All of these are indications that location is king, so choose the location of your store or commercial office very carefully.

Second: Choose vital locations that are easy to reach

Whoever wants to come to those offices or shops one day should find easy access, don't you agree? What does that mean? This means that choosing completely vital places in terms of ease of access by rapid transportation comes first, and then public transportation comes second, and do not choose commercial locations and offices that are far away and must be reached by car only!

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We always focus on remembering that offices and shops in Turkey should be on the main roads, because they are the most convenient and preferable, or offices and shops close to the metro or metrobus in Istanbul, for example! Therefore, care must be taken to seize vital sites that all people can access easily and quickly.

Let us mention to you an equation that will make you verify the validity of this criterion as well. Search again for Damas Turk Real Estate Company on Google Maps, then click on how to reach it via rapid transportation! I was surprised, right?! Yes, the headquarters of our commercial office is only a few steps away from the metro station, and this means easy access to it, and there is no need to get into the middle of crowded roads and other things. You will find all clients arriving to us without trouble or hardship.

Third: Choose the space that suits the desired goal of purchasing offices and shops

Space is a very important matter that many investors who buy offices and shops in Turkey ignore , because they consider it a formal or secondary matter, and we always say that it is a priority, just like choosing the location that we mentioned above, so care must always be taken when buying offices and shops based on the purpose of the purchase. In case it is a project or office for yourselves.

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If it is not yours personally, it should not be neglected either! Because whoever wants to rent it also seeks to obtain the ideal space suitable for opening his office, especially when choosing vital places. Spaces must be chosen that are proportionate to the content of the area or the place in which the purchase was made.

Commercial places such as shopping centers must have a designated space to provide commercial services. Commercial places that provide office services must have a specific space in order to facilitate the provision of services, and so on. Do not overlook this because it greatly affects the value of the property after a period. certain of purchasing it.

Fourth: Choosing shops and offices in projects established by major construction companies

There are construction companies that offer you economic feasibility that extends for certain years in order for you to obtain lucrative investment returns. Most of them are based in the center of Istanbul, specifically in the famous Basin Express area. This area contains many projects that provide annual returns within official contracts that may reach 10 percent. annually.

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Major construction companies have a reputation that is unlike any other, so we always advise choosing these particular projects in order to obtain distinctive offices and shops in Turkey, distinguished by the meaning of obtaining profitable and sustainable investment returns for many years.

Sustainability is achieved through the presence of a serious and continuous demand for renting these shops and offices, and this means that the value is constantly increasing, and prestigious construction companies always focus on providing all the needs of the residents of their properties, so these shops are always effective and traffic is very active.

Fifth: Legal documents and papers appropriate to shops and offices

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First, you must make sure of the validity of the legal papers related to commercial real estate, the most important of which is the title deed, which includes a special box in which the type and use of this business is clearly recorded, whether it is a residence, a shop, an industrial, a commercial, and so on. Therefore, be sure to understand what is related to the private papers. Commercial real estate from A to Z.

Another point you may encounter when purchasing shops and offices is the available licenses. There are licenses related to commercial businesses that are difficult to obtain, whether for use by or for the tenant, because each area is concerned with receiving specific commercial licenses from the municipality.

Here what do you need then? Certainly a partner specialized in providing correct consultations in Turkey, which must exist because of the obstacle between you and Turkish institutions, which is language, on the one hand, and on the other hand, lack of experience in light of your ignorance of Turkish laws and customs regarding shops and offices, and this brings us to the last criterion. What is important is the presence of a real estate advisor.

Sixth: An expert real estate advisor creates a safe, profitable and abundant investment

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Turkey is a large country and full of laws and customs that you do not know. Therefore, during the journey of purchasing offices and shops, you need an expert real estate consultant. Why? Because the real estate consultant’s job is focused on providing what we will mention to you next, which, by the way, is what we, Damas Turk Real Estate , provide to you in terms of services accompanying the purchase process. Let us introduce you to that:

  • The legal cover that protects you during the journey of purchasing offices and shops in Türkiye
  • Providing the right advice based on the budget, choosing the best area
  • Study prices and seek discounted prices
  • Study the condition of the property and research its history, past, and even future!
  • Facilitating the purchasing process in light of the many expertise and experiences

Damas Turk Real Estate has a long history in the Turkish state in general, and Istanbul, Antalya, Bursa and Izmit in particular. Therefore, be confident when you choose us on your journey. When purchasing, you will feel the experiences and great approval that we have witnessed over the years from our dear customers. Let us now come to the surprises. Which we mentioned at the beginning of the article, we will present to you at the end

Average investment returns for offices and shops based on the criteria we mentioned

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We will talk about the average investment returns for each type separately, that is, commercial offices of the common types in Turkey, separate from traditional commercial stores, and we will start first with the types of offices:

First: Average investment returns for Home Office apartments 

The percentages of investment returns in Home Office apartments are high and profitable, especially since those who want to rent them are various companies, institutions and organizations, and of course their rental numbers differ from what is residential and hotel, for example, and the annual return generally reaches 7% in the areas we mentioned previously, and resale may reach Profits to at least 30% after waiting for a few years

This investment requires good capital exceeding $350,000, in order to choose an office that is compatible with the conditions we mentioned, and preferably unused, in order to easily sell it in the coming years on the one hand, and in order to rent it quickly and within the current high rental numbers. In the city of Istanbul.

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Second: Average investment returns for office apartments, or as they are called offices in Türkiye

The average investment returns for office apartments are very rewarding and distinctive, and it is one of the best successful real estate investments in Turkey. The average in general, and based on achieving the previous criteria that we mentioned, is approximately 8% and is based on previous experiences of dear clients of the company. As for resale, it is possible to collect what Not less than 30% of the entire property value

This investment requires good capital exceeding $400,000, in order to choose an office that is consistent with the conditions we mentioned, and preferably unused, for the sake of ease of selling in the coming years on the one hand, and in order to rent it quickly and within the current high rental numbers. In the city of Turkey

Third: Average investment returns for shops in Türkiye

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The average investment returns for various commercial stores in Turkey vary according to the commercial activity, but in general it is one of the best successful real estate investments in Turkey as well. The average in general, and based on achieving the previous standards that we mentioned, is approximately 8%, but the standards previously mentioned must be strictly adhered to. We mentioned it, so be sure to accompany a professional advisor on your journey.

As for the average capital for this investment, it is very high compared to other investments, as the capital exceeds approximately 700 thousand dollars, and it must be consistent with the standards that we mentioned above, and finding tenants for these shops is more difficult than in other forms, but the tenant It is always available in these shops.

Final points before concluding

In addition to the investment returns resulting from purchasing offices and shops, there is something very important in Turkey, which is obtaining Turkish citizenship in exchange for real estate investment. Yes, purchasing a property or several properties with a value of 400 thousand dollars entitles you to obtain Turkish citizenship , so Turkish citizenship and a safe and sustainable investment. .

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Some people may overlook an important topic that we mentioned and focused on greatly, which is the expert real estate advisor. Unfortunately, we always see cases of regret and escape from Turkey due to poor choices or lack of consultation at all!! This is what we were very surprised by, and it is due to personal self-reliance and embarking on the journey and ignoring all the dangerous stations in it!

What a disappointment from consulting, especially in a country that is foreign to your country, with laws other than the laws of the entire world, and an environment, environment, and real estate market that is completely different from what exists in the world. Pick up the phone and consult Damas Turk Real Estate Company to hear with your permission the true professionalism in providing services, information and numbers . We put statistics and years of experience at your fingertips to be a compass that directs you towards the best and most optimal.

In conclusion

Damas Turk Real Estate today in its article provided you with comprehensive and complete content about everything related to the criteria for selecting and purchasing offices and shops in Turkey . Didn’t you find that these criteria are truly the most important and best? This is an area on which no two disagree, because these standards have proven their worth in achieving a successful, profitable, rewarding and abundant investment over the past years.

Damas Turk Real Estate Company offers you a summary of its experience in the Turkish real estate market for more than ten years. We have successful plans for investment in Turkey , and we also offer you the service of obtaining Turkish citizenship by purchasing real estate, through Turkish consultants and lawyers with knowledge and knowledge of the legal affairs in Turkey. Widely

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