Real estate development in Turkey

In this article, we will learn about real estate development in Turkey and the services provided by Kataliyaproperty

What is real estate development in Turkey?

If you are interested in the Turkish real estate market, you must have heard about real estate development in Turkey and may have wondered about the content of this concept and by real estate development, we mean the process of owning a property, modifying it, and carrying out the necessary reforms and innovations to bring it into the cycle of supply and demand in the real estate market again.

There are various forms of real estate development, which may include: buying land and investing it through the construction of residential or commercial projects, which includes it in the investment circle or through restoring old properties such as apartments and residential buildings and rehabilitating them for housing according to modern specifications.

Whatever form of real estate development you may wish to undertake, it is an important investment tool, especially if it is under the supervision of a qualified entity with long experience in this field as such projects require great effort and accurate analysis of the market situation and its requirements, the level of supply and demand, and the investment idea that is most suitable for the location of the property to be developed.

The entity responsible for real estate development, whether it is an individual or a company, is called the real estate developer, and it is responsible for studying the market, proposing appropriate investment ideas and studying their feasibility, then selecting the best and working on its implementation, then marketing the project to make a profit from it.

Therefore, any real estate development project consists of several parties, and they are:

- The owner of the property to be developed, who is often the financier of the property development process.

- The real estate developer: the entity that studies all possible investment ideas, analyzes them and studies the advantages and risks of each idea as it is also responsible for knowing the market requirements and what projects are most in demand, because it will do real estate marketing later and this body works in coordination with the executive body to implement the most appropriate investment idea.

- The executive side: which consists of construction companies, especially in the event of starting an integrated building project, and engineers, designers, maintenance and installation workers in the case of renovating an existing building.

Real estate development by Kataliyaproperty Company in :

Although real estate development is considered an independent department of real estate consultancy and real estate brokerage, Kataliyaproperty Company, with its professional and specialized team and its long experience in the Turkish real estate market, can provide real estate development service to its clients to the fullest where the company offers real estate offers in strategic locations that need development, whether in old areas whose buildings often need to be demolished and rebuilt in a modern style, or in new areas where investment is very profitable amd due to its long experience, the company can predict the most demanded areas based on the real estate market trends in the recent period, and these areas are often the ones that witness clear service development, which increases the demand for them and the opportunity for profit.

The team of Kataliyaproperty Company works professionally to analyze feasibility studies for projects and to inform investors with full transparency of the potential risks and to give the necessary real estate and legal advice as the company also cooperates with the best executive agencies with excellent reputation in the Turkish market as the company has a strong and wide network of relationships with the best construction companies, engineers and designers known for their mastery and ingenuity.

The company's role does not end with proposing investment ideas and communicating with the executive authorities, rather the company provides the investor with an integrated marketing plan for the property that has been developed, so that the company, through its large database, guarantees a good level of demand for the project.

The concept of real estate development is linked to concerted efforts within the company by several departments, the most important of which is the department specialized in market studies and research, which is responsible for analyzing economic changes and market fluctuations and the investment management team, which is concerned with finding the most appropriate development method, the public relations team, which builds its communication with the investing and implementing agencies alike, and also the marketing department, which presents the integrated marketing plan.

Related Article:

apartment prices in Turkey.

Turkish citizenship through real estate investment 2023.

Apartments for sale overlooking the Bosphorus in Istanbul.

Istanbul's earthquake resistant real estate.

types of Turkish passport.

Features of residential complexes in Istanbul.

Apartments for sale in Turkey in installments.

A comprehensive guide about real estate residence in Turkey.

A report about apartment prices in Turkey.

cheap apartments in Istanbul.

Steps to buy villas in Turkey in detail.