Buying a shop in Türkiye 2023
Buying a commercial store in Turkey is considered one of the forms of real estate investment in Turkey, which brings huge profits to investors if they choose the store well, its location, and its specifications.
Buying a shop in Turkey is one of the forms of real estate investment in it, which generates huge profits for investors if they choose the shop, its location, and specifications, so Skyline Real Estate will provide you with a helping hand and explain to you through this article the most important things to pay attention to when buying shops in Turkey, and it will also show you some tips that must be taken into account in order to get high profits from investing in a shop.
We wish you enjoyable reading.
Things to consider when buying a shop in Turkey
Buying a shop in Turkey is one of the most famous and important types of investment in Turkish commercial real estate, which attracts many Arab and foreign investors significantly, and this investment achieves huge financial profits within a short time if the location of the shop is chosen very carefully.
There are also several things that must be taken into account when buying a shop in Turkey, so that the investor gets the profits he aspires to and avoids falling into problems, and the most important reason is the progress of work to the fullest, and these things are:
Legal matters
One of the most important things that require caution when buying a shop in Turkey is the signing of the contract, which must be within a special legal circle on this subject, as every contract signed outside it is considered null and void and is not taken as if it was not done, and you must be careful about buying a shop on the plan without being present in person, because such a step can expose you to falling victim to fraud easily, and if the contract is signed, you will not be able to retreat in a way Absolute.
The appropriate location for the shop
If you decide to buy a shop in Turkey, you must choose the appropriate location for it, and it must be within a vital area densely populated and with other shops, if you have the desire in the future to sell or rent it, it will be easy and not complicated because the shop is in a suitable place for investment.
Full knowledge of the real prices of shops
First of all, you can find out whether the shop is cheap or expensive, by looking at its specifications, whether they are good or not, which include the space, decoration, and interior designs of the shop, and the most important part that is searched for in the shop is its location, direction, and view.
The second factor that determines the price of the commercial shop is the city in which it is located and its importance for the Turkish state, and then comes the role of determining the location within the city, and what we mean here is the location of the shop is it in the outskirts or in the city center? and this is one of the most important things that play a major role in determining the price of the shop.
Services Offered
It must be taken into account that there are many services provided by the area surrounding the shop, because this reflects positively on its importance, for example, an ATM should be available near the shop to help customers in some of their procedures and shorten their time and effort as well, and there must be a parking lot for customers near the shop.
If the shop is located on the upper floors, it is necessary to have an electric elevator in order to help customers climb into the shop without finding it difficult, so this must be considered, in addition to the availability of security devices in the area where the shop is located.
Real Estate Consultancy
It is necessary to consult people with sufficient knowledge in the field of real estate, to clarify some mysterious matters, and you will find a lot of real estate and legal experts who will help you and save you a lot of time and effort, to find your request from the shops within several days, and the experts will reveal the details of the shop you have chosen, to avoid falling into big problems.
Availability of a transportation node near it
One of the most important things that the investor should be keen to have near his shop is the transportation network that ensures easy access for customers to his shop with ease, and it is also recommended that the shop be chosen on the main roads.
Competitive mode selection
The investor must be well aware that he can double profits significantly, and increase the value of his capital by simply choosing a good location for his shop, and he must study the market carefully to know the status of competition in it and be able to seize the appropriate opportunities to buy, and be patient until he gets the profit return that awaits him, from selling or renting the shop in the long term.
6 tips you should know before buying a shop in Turkey
We will share with you a set of tips that you know to help you get profits, by buying a shop in one of the Turkish cities, as follows:
- Determining the commercial goal before buying by thinking about the type of trade that you will practice in the store you want to buy, such as food, clothes and shoes, this matter has certain considerations when choosing the appropriate specifications for this activity.
- Choose a privileged location in city centers or within vital areas that provide all services to their residents, and contain all public facilities, whether recreational or service.
- Attract more customers by choosing the shops located within the residential complexes, which contain markets, restaurants, cafes, and huge malls.
- Choose an easy and clear address for your shop so that it is easily accessible, and it is better to be close to bus and metro stations, and it is necessary to avoid narrow alleys and blocked lanes.
- Choose a suitable space while buying a shop in Turkey that corresponds to the commercial activity you want to practice in the shop, as you cannot open a distinctive café in a place that does not exceed 50 square meters.
- Pay close attention to the contract for the purchase of the shop and read the terms carefully before signing it, and you can use an interpreter to explain the terms of the contract before the contract enters into force.
What are the best areas to buy shops in Turkey?
In general, all Turkish states are considered encouraging real estate investment in them, the opening of shops, and projects ranging in size from small, medium to large, and among the best areas to buy a shop in Turkey are the following:
- Istanbul
- Bursa
- Trabzon
- Ankara
- Sakarya
- Antalya
- İzmir
It is worth noting that these states top the lists of Arab and foreign demand for residence and stability, in addition to being vital cities with an encouraging nature for investment of all kinds, and Istanbul remains the ideal choice for such projects, even if they are small, and provides investors with a solid ground to build their brand, customers and customers, but this does not negate the importance of the rest of the Turkish states to buy shops, but sufficient experience must be available in the nature of commercial markets in them to choose and apply the best investment ideas.
As for the best areas in Istanbul, in which it is recommended to buy a shop, they are:
- Basaksehir
- Esenyurt
- Beylikduzu
- Shereen Eifler
- Fatih
- Halkali
Enrichment: When choosing one of these areas to buy a shop, you should choose a location in the center of the area or in the public market, close to the daily movement of customers and visitors.
Read also:
Learn about Beylikduzu district in Istanbul
Buying an apartment in Nisantasi Istanbul
Thus, we have reached the end of our article, in which we talked about the most important things to consider when buying a shop in Turkey, and we also mentioned to you the most important tips that ensure that you get the profits you aspire to, the best areas to buy shops.
For more information on this topic, you can contact us at Skyline Real Estate.