Real Estate Development in Turkey
In this article, we will talk about real estate development in Turkey.
The real estate development in Turkey:
The real estate development in Turkey and most countries is a multi-step process that can be complicated, long and risky. At Ebla Group, through our specialized staff, our long experience over the years in the Turkish real estate sector and our establishment of many real estate projects in Turkey, we are aware of the mechanism of progress in real estate development.
Moreover, we overcome the obstacles that may appear during the development process.. Starting from the first planning stage until the completion of the last stage of development.
We also strive to provide the best offers and contemporary designs that meet the demand in the Turkish real estate market, with following up on all the stages of construction with high accuracy.
Furthermore, we at Ebla Group can understand the “life cycle” of real estate development project. We turn it into an exemplary successful story that brings benefits to our clients.
What is the real estate development?
Real estate development is the process of creating value by making tangible improvements to real estate properties.
When you develop real estate, you are either building new urban structures, modifying old buildings to suit the real estate market, or generally improving any property to increase its market value and obtain the best investment return.
And since real estates have the highest level of investment compared to other commercial assets throughout the ages, we find that investors in the real estate market accept to buy ready-made properties, while some of them accept to develop real estate.
The attractiveness of real estate development is the possibility of achieving higher profits during the ownership of the property and greater financial gains upon sale.
Additionally, investors in the real estate market depend on working with real estate development companies that have experience in the real estate market.
We at Ebla Group provide this service in all its forms, including searching for suitable land to start your project from scratch or the real estates that need modification in line with the Turkish real estate market
The stages of real estate development:
The real estate development process includes three main stages:
- Pre-development.
- Construction.
- Post-development.
Each of the three stages in the real estate development process is very important. You cannot skip one of them or try to do it out of order. And this is what we adopt in Ebla Group Real Estate to achieve the best profit rate for investors. Furthermore, we follow the order of the real estate development stages accurately to reduce the possibility of mistakes.
Additionally, we at Ebla Group Real Estate have after-sales service because the search for a real estate deal needs time. Moreover, our specialized staff present detailed study and provide appropriate opportunities for investors.
Ebla real estate services in real estate development:
- Looking for a suitable property or project that meets the investment criteria and achieves the purpose of investing in real estate development.
- Study the economic feasibility of the project with high accuracy, through a specialized team.
- Preparing the complete project plans with obtaining all the necessary licenses to start the real estate development project.
- Carrying out the construction work for all types of real estate projects or developing real estate to meet the investors’ desires.
- Supervising the project through a group of specialized engineers, to follow up the progress of work.
- In addition to marketing the project inside and outside Turkey, by our real estate marketing team.
The success factors of real estate development:
- The practical experience is an integral part of the success of any project. Therefore, the practical experience on the ground in establishing Ebla’s projects and developing many commercial, residential and industrial properties made it one of the competing development companies in the Turkish market.
- The presence of a team specialized in the management of development projects, including engineers and technicians.
- Formalizing the construction contracts and the required specifications.
- Obtaining a real estate development approval and making a formal commitment.
- In addition to completing the project construction work and commitment to managing the real estate development project.
Post real estate development services of Ebla group real estate:
After the completion of construction and during the post real estate development stage.. The asset management phase begins with Ebla Real Estate, which is primarily responsible for maintaining the property and carrying out the necessary repairs and general maintenance. Thus, the asset remains in a good investment condition.
In this brief article, we have tried to shed light on some of the important points to be followed in the real estate development stages, which also apply to the purchase or the redevelopment of an existing building, taking experience into account, economic conditions and real estate market factors in Turkey.
Edited by: Ebla Real Estate
