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Best rated real estate investment experts Turkey: The Istanbul Canal Project is a substantial initiative aimed at constructing a new waterway that connects the Sea of Marmara and the Mediterranean Sea within Istanbul, Turkey. This grand project is envisioned to address traffic congestion within the Bosphorus Strait, improving maritime transportation in the region. Objective: The project’s primary objective is to create an alternative waterway to the Bosphorus Strait, thus mitigating traffic congestion and enhancing navigational safety. Proposed Route: The canal is expected to follow a route spanning approximately 45 kilometers, commencing from the town of Çılburnu on the Black Sea and culminating at the town of Durakul on the Sea of Marmara. Dimensions and Capacity: The canal is projected to boast a width of roughly 400 meters and a depth of around 25 meters, facilitating the passage of large vessels. The project incorporates the construction of ports and loading/unloading areas. Read additional info at Luxury property in Turkey.

The Istanbul real estate market is undoubtedly Turkey’s star performer when it comes to attracting investors from all corners of the globe. Historically, it has always been the number one destination in the country for domestic property sales, and in 2015, it overtook the Mediterranean region of Antalya as the most popular destination for foreign property buyers in Turkey. Last year, it hit a record high with 8,182 properties sold to foreigners of various nationalities and 238,383 domestic sales. But what exactly is luring domestic and foreign buyers to invest in Istanbul real estate and more importantly, will this trend last? We think so.

Istanbul travel is one of the top reasons to invest in Turkey. If you just want easy access to Istanbul’s top attractions without a guide, then another option would be to go on a Big Bus Tour. For me, there’s no better way to become acquainted with a new city than these Hop On Hop Off Tours. Double decker buses ply set routes that take you to many of the top attractions in Istanbul, and you can hop on and off as many times as you want for the duration of your pass. Very convenient indeed. The Grand and Egyptian Spice Bazaars are Istanbul’s most popular bazaars. One of the largest and oldest covered markets in the world with over 3,000 shops, you can buy all sorts of things at the Grand Bazaar like leather goods, jewelry, carpets, clothing, furniture, ceramics, and souvenirs.

Many real estate investors understand that investing in off-plan properties can achieve the highest capital appreciation, as mentioned above. However, they make a simple but devastating mistake when choosing a location where prices have already significantly appreciated or where resale opportunities are nearly impossible. Regardless of the capital appreciation achieved, investing in a property with an unsuitable location can result in losing most or all of the returns obtained by the investor. Therefore, choosing the right location is the starting point for selecting a sound investment property. Forms of real estate investment have diversified, driven by the failure of some real estate brokerage companies to demonstrate the true beneficial investment to the client. Sometimes, there are offers to invest in land located at the ends of the Istanbul Canal, and the price per square meter of suitable land for construction can reach $200 today. However, this is merely an idea, and it could take 50 years from now to develop these lands when the Istanbul Canal project is completed, or the project could be postponed entirely. If the investor is aware of this point and understands that reselling the land currently is impossible and aims to invest for their descendants, there is no problem. However, from our daily experience, many investors believe that the prices of these lands will multiply fivefold in the coming years!! Find even more details at https://righthome.com.tr/.

Many clients have their first goal in obtaining Turkish citizenship, and for the amount of $ 250.000, they do not give much importance to the real estate that will be purchased in it, and this is in fact a big mistake because Turkish citizenship is free and this amount is a condition for obtaining it, but through which a very profitable investment can be made, many clients of Right Home, after they were consulted for real estate suitable for Turkish citizenship and investment at the same time, they later consolidated their investments in Istanbul even after obtaining Turkish citizenship because the real estate market in Istanbul is a profitable market for investors in any case, provided that investment projects and the right options are chosen within these projects.

Right Home is a leading company specializing in real estate consultancy and brokerage. We help buyers to buy and sellers to sell. We provide luxury apartments, smart homes, elegantly designed offices, modern constructions and all consultancy services. Our head office located in Istanbul, Turkey. Our goal is to earn your trust and make sure you are comfortable with the process of buying a home in Turkey from start to finish. Lying under the city of Istanbul is the world’s most extensive ancient cistern system, named Basilica Cistern. The Basilica Cistern consists of hundreds of old cisterns built in the 6th century under the order from Emperor Justinian I, the Byzantine ruler at that time. Basilica Cistern is located about 150 meters southwest of Hagia Sophia. The cistern is standing on an area of 9,800 square meters, and it was able to hold up water up to 80,000 cubic meters, enabling it to provide clean water to Great Palace of Constantinople and other buildings on the First Hill. The Basilica Cistern was mistreated during the Ottoman Empire. In 1985, the Istanbul authority decided to clean the site and turned it into one of the most famous Istanbul tourist attractions. The impressive construction and the history of the building have attracted many tourists in Istanbul.

The cheapest property is not necessarily the best for investment. A thorough analysis is required to evaluate the advantages it offers compared to its price. Only then can a well-founded decision be made. For investment purposes, the size or the number of rooms in the property does not matter as much as the expected return it offers. Tips related to property location: Selecting a prime location is the key to successful resale and the foundation of any real estate investment. Properties in city centers generally have a faster investment cycle due to high demand and limited supply. An investment cycle in the city center can be completed in less than three years.

Here the distinction of Right Home is highlighted, where our team directly accesses the owner of the property and negotiates with him to obtain the best price for the customer, and it is common knowledge in the process of reselling real estate that the buyer pays a commission to the marketing company as does the original property owner as well, but here in Right Home we get the possible lowest price from the property owner and we do not take any commission from the buyer. This is for new properties that are sold for the first time, but what about properties resold directly from their owners? Thus, dealing with our company will be profitable for the client in all cases, and he will receive all of our services completely free of charge.

One of the most popular rumors in the Arab market is that Turkish real estate is expensive, and many people interested in real estate investment think that the cost of entering the market is very high and this is not true, the most important is the awareness and understanding of the market well. You can start investing in the Turkish real estate market for up to $ 50,000 by investing in housing projects or university dorms as an example, which provides a good return on investment. Many of the major real estate investors fail to invest due to lack of market awareness and understanding of the future trends of the Turkish real estate market and because of the focus only on the quantity invested and not the type of investment.

Do not underestimate the advice of the company’s legal team, especially if you intend to apply for Turkish citizenship. We have heard of cases where clients did not follow their lawyer’s recommendations, resulting in delays in obtaining Turkish citizenship. Sometimes, Turkish citizenship can be revoked for children who have crossed the age of 18 due to negligence, either on the part of the brokerage company or, more often, the investor themselves.

Top Florida realtor tips 2024 from Kathleen Tamburino: Understanding the Surge in Motivated Sellers – Florida’s distinction as the state with the highest number of motivated sellers is not without reason. Economic factors such as rising insurance rates and the Federal Reserve’s recent hikes in interest rates have put pressure on homeowners. Moreover, Florida’s real estate market has experienced substantial price appreciation over the past three years, tempting many to consider selling. Despite these pressures, Florida’s robust job market continues to attract buyers, keeping the demand for homes strong. Kathleen Tamburino points out the significant difference in the number of motivated sellers in Florida compared to states like California, New York, and Texas, highlighting the unique dynamics at play in the Sunshine State. See additional info on https://www.realtor.com/realestateagents/60047c7097de9a0011112cc3.

Renovating improves the house value says Kathleen Tamburino : Alternatively, get a builder’s estimate. This is a builder’s best guess of what your renovation project is going to cost, based on what they can see and the information you have provided them with. This is not a quote and the builder cannot be held to it, but an experienced builder should be able to give a fairly accurate guess. Finally, prepare your own budget by listing all tasks, the materials required, and who is going to do the work. You can then go out and get quotes for materials and estimates for each trade. Make sure you allow for skips, scaffold hire, plant hire, and tools.



Choose a 15-year fixed-rate conventional mortgage. The overall lowest cost home loan is a 15-year fixed-rate mortgage. Rip-off mortgages like the 30-year mortgage, FHA, VA, USDA, and adjustable-rate ones will charge you so much extra in interest and fees and keep you in debt for decades. No thanks. Now crunch the numbers yourself with our mortgage calculator and figure out a monthly payment your budget can handle. And then work with an expert agent to find houses for sale within that budget. For more help on buying a home in this crazy market, check out our free Home Buyers Guide. It has all the answers you need to buy a home with confidence.

Kathleen Tamburino South Florida excellent real estate market opportunities in 2024: This is a very necessary process, used to ensure that your new home is free from defects that could potentially cost you thousands of dollars later to repair. Home inspections will often reveal problems that you can have the seller correct before agreeing to purchase the home. This is known as a contingency. Most offers are usually contingent offers. This means, that the offer is contingent on another factor, such as a favorable home inspection or the ability to obtain insurance. In general, contingencies are safeguards for both buyers and sellers, but should not be overdone. In addition, it is important to meet all deadlines and that all contingencies are met exactly the way the offer describes. Your agent is responsible for making sure contingencies are written correctly.

Start Investing: Investing is one of the best ways to increase your net worth, but a lot of people stay away from it because they’re scared of losing money. So instead of investing, they keep their money in a savings account. That’s great, and you should have some money in a savings account for emergencies, but the truth is: Money in a savings account loses value over time. See, the average savings account has a very tiny 0.06% APY (annual percentage yield), while inflation is around 1.7%. That means that each year, the money you have in a savings account is going to have less and less buying power. So, what can you invest in to stay ahead of inflation? Here are some options: Real estate, Peer-to-peer lending, Exchange traded funds (ETFs), Stocks. Discover additional info on Kathleen Tamburino.

Kathleen Tamburino Florida top realtor opportunities right now: Stamped concrete is a very intelligent and innovative innovation in concrete widely applied for floor in patios, car porch, driveways and sidewalks.Idea of concrete decoration with stamped concrete not only adds their strength for the floors but also provide pleasing appearance. This is now a good idea for low-cost landscaping where costly granites, interlocks in landscaping and patios are used, the stamped concrete stay upright.

If you’re going to buy a house it makes a lot of sense to make sure that rush hour traffic isn’t unbearable. The last thing you want is to buy a home and find out that you’re going to be sitting in heavy traffic every day. Time is more valuable than money, you don’t want to spend your time in traffic – I know I don’t. You want to spend your time doing more important things like spending time with your family. We always recommend our buyers check out the commute to and work on different days just to make sure it’s something they are comfortable with.

Here are several real estate tips: What’s even more annoying is that you may have to fight to get your hands on the few properties that are out there, depending on the housing market in question. In popular metros, bidding wars will still take place, and they even become the norm again as they were in previous years. If the property is popular, there will always be someone willing to outbid you for that home they just must have. This is another reason why the fixer can be a winner, the hidden gem if you will. That being said, it’s okay to pay more than asking (or even the fully appraised value), just keep in mind that there are plenty of fish in the sea. Well, perhaps not plenty right now, but there’s always another opportunity around the corner. Stay poised and don’t let your emotions get the best of you. Like anything else, it’s okay to walk away. Trust your gut.

The Realtor you choose will play an important role in making a successful sale. A reputable Realtor in England will constantly monitor the multiple listing service (MLS), know the comps in your neighborhood, and know what properties are going on the market. A Realtor that works by themselves may not have all the skills they need to help you from start to finish. Another reason why we recommend having a well-balanced real estate team help you through the entire process, and why we formed one ourselves! Since 92% of homebuyers begin their house hunting online, you need to make sure that your agent is doing a good job showcasing your home properly by using appealing pictures (At least a minimum of 6 for a successful online listing).

Buying or selling a home in Florida is a legal transaction that requires expertise, understanding, and a desire to do right for your client. Kathleen brings her home buying and selling clients a unique experience and understanding of real estate. Once you become Kathleen’s client, she will think about you 24/7 until she meets all your real estate needs. As a former Business Education Teacher in NYC, she offers a dedication and tenacity you will not get with any other real estate agent.

Kathleen is focused on providing you with the best results and service in the industry. She listens carefully to understand your real estate goals and works hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, Kathleen has the expertise and resources to help you achieve your real estate goals. She understands that buying or selling a home can be a stressful and overwhelming process, which is why she makes it her top priority to guide her clients through every step of the transaction with patience and professionalism.

As is often said, real estate is about location. Kathleen has extensive knowledge of the Palm Beach County, FL area and can help you find the right home for you or the right buyer for your home.

Premium Forex systems: Fractal Adaptive Moving Average (FRAMA) : The FRAMA indicator is a technical analysis tool that helps in identifying trending markets and identifying the strength of the existing trend. The indicator adjusts itself according to the market volatility and provides traders with ideal market reversal levels. The indicator averages out the difference between the highest high prices and the lowest low prices of the security of a specific time period. When the indicator gives values that are rising and showing higher highs, it indicates an uptrend and signals traders to place long orders near the ascending support levels. On the other hand, when the indicator gives values that are falling and showing lower lows, it indicates a downtrend and signals traders to place short orders near the descending resistance levels. See many more details at Free forex robots.

Forex trading features favorable aspects like high liquidity, meaning it’s easy to buy and sell many currencies without a significant change in their value. Additionally, traders can use leverage, which allows them to control a large position with a relatively small amount of money. However, leverage can also amplify losses, making forex trading a field that requires knowledge, strategy, and an awareness of the risks involved. Forex trading is also distinctly global, encompassing financial centers worldwide, which means that currency values are influenced by a variety of global events. Economic indicators such as interest rates, inflation, geopolitical stability, and economic growth can significantly impact currency prices. For instance, if a country’s central bank raises its interest rates, its currency might strengthen due to the higher returns on investments denominated in that currency. Similarly, political uncertainty or a poor economic growth outlook can lead to a currency’s depreciation. This global interconnectivity makes forex trading not just a financial activity but also a reflection of worldwide economic and political dynamics.

The first thing to be aware of is that MT5 is an entirely new platform, rather than an upgrade to MT4. The first platform, MT4 was released in 2005 and was built specifically for forex traders. The architecture was designed to handle positions and orders in a certain way. The platform became very popular and it became clear that there was demand from stock traders for a similar platform. However, MT4’s position handling didn’t comply with trading regulations on some stock exchanges. MT5 was therefore created using a different position and order handling system to comply with these rules. At the same time, a lot of other features were added to the platform.

As vital as research, blogs, videos, and webinars are for learning Forex trading, Forex Smart Trade is offering virtual training for aspiring traders! With our proprietary trading indicators and our best in the business one-on-one training, we are confident that you will learn all of the necessary tools, tips, and tricks of Forex, and transform into a fantastic trader. You can start your 30-day introductory trial today for only $1! No contracts to sign, no recurring payments, only a one-time charge to become your own boss and earn additional income. As aforementioned in this blog, once you are trained through our program, we will provide you with company money that you can trade to become better equipped at trading on Forex. Registering has truly never been easier! Sign up for your Forex Smart Trade Introductory Trial now through our website to earn money, gain independence, and take charge of your life.

A forex robot is only as good as its developers. Take time to research the different aspects of the robot-like the expertise of its development team, past performance, and its reliability in relation to acquisition costs. As the name suggests, Algo Signals is an online service that provides forex and cryptocurrency signals. The platform claims to make an average daily return of 2%, which is huge. What we really like about these bold claims is that the provider allows you to test-drive its signals via its demo account facility. This allows you to validate the integrity of the trading suggestions prior to risking your own capital.

Risk (%) allows you to configure the calculation of the lot in% of the deposit and disperse the deposit in a short time due to the constant increase in lots. MinGapForOpen setting to limit the minimum signal heap. If the current Gap is greater than this value, a deal will be opened. Use of this parameter is necessary for brokers with a floating spread. to limit false signals if the spread is too low. Traling function to support an open order with the ability to increase the profitability of the transaction due to a smooth increase in TakeProfit in the wake of the price movement. The ability to analyze and test the arbitration algorithm on history will be added. ticks and choose the most favorable settings, taking into account slippage and the time of execution of the order. This will allow us to adapt the work of arbitration even on those brokers where there is slippage and achieve higher profitability for the long term. Discover many more information at https://forexwikitrading.com/.

A signal to open a CALL option will rebound upwards from the bottom of mid-channel for PUT-option – top-down from the top edge of the middle. With the right approach to money management, countertrend strategies give 7-8 profitable binary options signals out of 10. Moving average as a basic trend indicator: The reliability of the most popular Moving Average (MA) indicator is ensured by the concept of the average price value for the estimated period of time. It is the moving average that most accurately tracks the direction and strength of the trend on the price chart: if the average looks up, the trend up it moves down, it falls. The benefits of the Moving Average movement indicate the strength of the trend – the larger it is, the longer the movement.

Real estate property development and investing solutions in Florida and Nevada by David in 2024: Economic Uncertainty and Forecast – Forecasters speculate that the Federal Reserve may slash the overnight funds rate in the coming year as inflation cools. This move could potentially provide a boost to the real estate market. However, given the unpredictable macroeconomic climate, the actual trajectory of the economy in 2024 remains uncertain. In December, there were 1,518 single-family houses sold, marking a 5.8% increase from November but a 1% decrease from December 2022. The median sales price of previously owned single-family homes in December was $449,900, showing a $100 drop from the previous month but a 5.9% increase from the prior year. The year started at $425,000, reflecting a 5.9% year-over-year increase. Find more details on David Frear.

It’s no surprise that Zillow ranked Tampa, Florida, as the top real estate market in the United States in 2022. Florida housing prices have witnessed some of the most dramatic increases in the country, with Miami and Tampa at the forefront of the upswing. Due to a variety of variables, the housing market in Tampa has outpaced many others, including a large number of potential buyers, a scarcity of supply, strong property sales, and an active employment market in the area. Overall, the Florida housing market is strong and is predicted to remain so in the next five years. If you’re a seller, this is wonderful news since it implies property values are rising and there isn’t much selling competition, giving you the luxury of selecting from the best offers on your schedule. Higher mortgage rates may cause unprepared house buyers to postpone their purchases.

A Las Vegas commercial property was recently acquired by a Los Angeles-based real estate investment company that plans on repositioning it and adding value. BH Properties acquired the Addison Complex facility for a fee of $2.8 million, from seller VanMeetren Family Limited Partnership. BH Properties worked with David Frear, Senior Vice President of Colliers International during the transaction, while the VanMeetren Family Limited Partnership was represented by Charlie Mack, a president and broker with Mack Realty.

VanMeetren Family LP sold the multi-tenant Addison Complex industrial building at 4680 W. Russell Rd. in Las Vegas, NV to BH Properties for $2.8 million, or about $66 per square foot. Delivered in 1984, the 42,471-square-foot building sits on 2.7 acres in the SW Las Vegas Industrial submarket of Clark County and features ten drive-ins, building signage and a fenced lot. The buyer plans to significantly upgrade the building and rearrange the property to just two tenant spaces. David Frear of Colliers International represented the buyer. Charles Mack of Mack Realty represented the seller.

Okeechobee, FL: Okeechobee’s real estate landscape is forecasted to see a rise of 7.1% in home prices by December 31, 2024. This suggests a buoyant market in the region, providing potential opportunities for both buyers and sellers to capitalize on the upward trajectory. Sebring, FL: Lastly, Sebring is expected to witness a 6.2% increase in home prices by the end of 2024. This msa showcases steady growth, and the forecasted percentage reflects the region’s resilience and appeal to those seeking a property in a burgeoning market.

Las Vegas has a strong rental market, with a significant portion of its population choosing to rent rather than buy. This creates opportunities for long-term investors to generate steady rental income, especially in desirable neighborhoods and near employment centers. Rental properties in Las Vegas are always in high demand. In September 2023, the median rent for single-family homes increased by 16.7% compared to the previous year, reaching $2,100. The city’s rental vacancy rate, at 4.8%, is lower than the national average of 6.2%, ensuring high occupancy rates and cash flow for landlords. The demand for rental properties in Las Vegas often results in low vacancy rates. Long-term investors can benefit from a stable stream of rental income and less downtime between tenants, increasing overall profitability.

How is the Florida housing market doing currently? Florida’s housing market witnessed encouraging developments in November, marked by a notable increase in closed sales and a rise in median prices. The state’s real estate market is displaying resilience and adaptability, with various indicators reflecting positive momentum. In November, closed sales of existing single-family homes in Florida totaled 17,722, showcasing a robust year-over-year increase of 4.2%. Simultaneously, the median sales price for single-family existing homes reached $413,000, demonstrating a commendable 3.3% uptick from the previous year. These figures indicate sustained strength in the single-family housing segment.

Real estate property agency Turkey in 2024: Initiatives implemented in the Think Tepe project include infrastructure development, including improving the road and public transportation network and providing modern water, sanitation and electricity facilities. The project is designed to improve the quality of life and provide comfortable and integrated services to local residents and visitors. In addition, the project includes the construction of business and commercial centers and entertainment and leisure areas. These facilities aim to enhance economic activity, provide job opportunities in the region, and create a vibrant and prosperous urban environment. Cultural and heritage elements are also included in the Tepe Thought project. Important historical and architectural sites in the area have been preserved and rehabilitated into tourist and cultural attractions. The project also seeks to promote culture and arts and provide spaces for cultural performances and events. See more information on https://righthome.com.tr/en/publisher/Mehmet-Hekimo%C4%9Flu.

Try to combine multiple advantages when choosing an investment property location. For example, a property in central Istanbul, close to an upcoming transportation hub, and near an important university offers multiple benefits that can result in a successful resale. Choosing a premium location without evaluating the price per square meter at the same time may lead to purchasing an excellent property in an excellent location at a price higher than the market, making resale difficult. This is a common issue with upscale towers in central Istanbul.

Be cautious about buying properties that violate the laws because, in the near future, you will be the only loser. For example, buying a property valued at less than $400,000 but claiming it’s suitable for Turkish citizenship when the Turkish government has set a minimum of $400,000, there’s no room for manipulation at all. Be wary of advice from friends and acquaintances who have made unsuccessful real estate investments and are advising you to buy property in the same area or project, even though their investment is incomplete or unsuccessful. A successful investment is only complete when the property is sold, and thus, if one of your friends bought a property for $200,000, and its price is now $250,000, this is not considered a successful investment unless the owner manages to sell the property and complete the investment.

We can not deny that real estate companies do not work to make money, but the idea promoted in the real estate circles that companies earn a lot of commissions in Turkey is wrong, and because commissions in the real estate sector vary from one company to another there is no fixed commission and the average commission obtained by companies In Turkey is 3% of the price of the property and they get this commission from the construction company of the project and not from the client. There are a lot of costs to real estate companies in the Turkish market, which makes the margin of profit low , including the high taxes of the Turkish government and other expenses related to the sale.

Turkey’s 2023 vision plan aims to increase the capita per household to that of European countries. Combine this with government incentives, as well as a growing population and the buyers’ market is set to grow even more. The process of buying a house in Turkey even for foreigners is also quicker and easier than that of many other countries, with cheap taxes and reduced costs. Keep the property for five years, and you will be exempt from capital gains tax as well. One strong reason investing in Istanbul real estate is taking off is the mass of new branded housing projects, particularly occurring on the outskirts of the main city centre. Brand new modern homes with modern architecture are being combined with a range of social and community facilities to redefine the concept of neighbourhoods in what is Turkey’s biggest and most populated city.

Istanbul, Turkey tourism is one of the top reasons to invest in Turkey. If you just want easy access to Istanbul’s top attractions without a guide, then another option would be to go on a Big Bus Tour. For me, there’s no better way to become acquainted with a new city than these Hop On Hop Off Tours. Double decker buses ply set routes that take you to many of the top attractions in Istanbul, and you can hop on and off as many times as you want for the duration of your pass. Very convenient indeed. The Grand and Egyptian Spice Bazaars are Istanbul’s most popular bazaars. One of the largest and oldest covered markets in the world with over 3,000 shops, you can buy all sorts of things at the Grand Bazaar like leather goods, jewelry, carpets, clothing, furniture, ceramics, and souvenirs.

We heard from some real estate owners in the recent period that real estate investment in Istanbul is a losing investment, and if it’s not been for the goal to obtain Turkish citizenship, they would not have bought real estate in Istanbul. Is this true? Is it necessary to obtain Turkish citizenship to sacrifice $ 250.000 to buy unprofitable real estate? It is no longer a secret to anyone that the real estate market in Istanbul is witnessing continuous prosperity and escalating growth that does not stop or decline. Let us leave the theoretical talk and see the statistics issued by the official Turkish Statistical Centre. See more information on https://righthome.com.tr/.

Right Home is a leading company specializing in real estate consultancy and brokerage. We help buyers to buy and sellers to sell. We provide luxury apartments, smart homes, elegantly designed offices, modern constructions and all consultancy services. Our head office located in Istanbul, Turkey. We take great pride in being more than just another real estate agency. We aim to develop long-lasting relationships with our clients by offering exceptional services and meeting customer’s utmost satisfaction. Lying under the city of Istanbul is the world’s most extensive ancient cistern system, named Basilica Cistern. The Basilica Cistern consists of hundreds of old cisterns built in the 6th century under the order from Emperor Justinian I, the Byzantine ruler at that time. Basilica Cistern is located about 150 meters southwest of Hagia Sophia. The cistern is standing on an area of 9,800 square meters, and it was able to hold up water up to 80,000 cubic meters, enabling it to provide clean water to Great Palace of Constantinople and other buildings on the First Hill. The Basilica Cistern was mistreated during the Ottoman Empire. In 1985, the Istanbul authority decided to clean the site and turned it into one of the most famous Istanbul tourist attractions. The impressive construction and the history of the building have attracted many tourists in Istanbul.

Right Home has been distinguished since its establishment by its special attention to customers, especially after completing the deal with the client, as after-sales services extend to several years, regardless of the size of the property that the customer acquired. At a time when we daily see dozens of customers who do not find after sales services, this exists in Right Home company, regardless of the size of the deal they made with other companies.

Top rated property investments agency Cyprus: Alliance members include large (working all over the island) and medium-sized (specializing in one region) developers. In addition to large and medium-sized players in Cyprus, there are also small developers – family companies, initially focused on the domestic market. They do a great job, both in design and quality, however in foreign markets nothing is known about them. For such companies, opening representation in other countries, participation in foreign exhibitions and events, arranging advertising campaigns and so on is too complex, both financially and organizationally. We would happily like to note that some family-owned developers have already been accepted into the Alliance and we are open to further work in this direction. Read additional details at property for sale in Cyprus.

Main objective of Cyprus Developers Alliance is to make the process of property selection and acquisition as comfortable as possible. Cyprus Developers Alliance offers thousands of properties throughout the entire island in all property categories. The choice is truly versatile. We can offer several options of property selection. However, the most important process and our main task, as we see it, is not only to present and show projects. Most important is to clearly understand your goals! Sometimes even to help to clarify or even formulate them. After all, a buyer does not always know the realities of the Cypriot real estate market in order to clearly determine from the very beginning what will suit him/her best. Knowing the goals, we can offer the most suitable projects corresponding to them.

Here is a typical example of how the Government of Cyprus has solved the issue of properties of Turkish Cypriots who used to reside in the Southern part of the island and abandoned their houses leaving for the Northern unrecognized part of the island after the conflict of 1974. Such properties are simply left as they were while the rights of their owners are preserved inviolable until now. We are proud of the way we have solved this complex issue.

Here is an example. Suppose a developer has built an apartment house having obtained a credit from a bank to the amount of euro 500 thousand. A customer purchases one of the apartments amounting to euro 200 thousand from the developer. The bank calculates whatever share of the developer’s debt falls on this apartment as per the approved formula. Suppose this value comprises euro 40 thousand. The customer pays the apartment value in the following way – he/she transfers 160 thousand to the developer and 40 thousand to the bank. In response the bank prepares a document (that is called a waiver – assignment of claim) that implies that the bank does not have any claims related to this apartment. This document shall be issued prior or simultaneously with contract depositing.

According to official data from the Department of Lands and Geodesy of Cyprus, the real estate market on the island continues to show steady growth. In February 2023, the total number of transactions was registered, which increased by 8% compared to the previous year. This figure is the highest in the third month of winter since 2008. The most significant growth in property sales was recorded in Famagusta (45%), followed by Paphos (21%), Larnaca (18%) and Limassol (6%). In Limassol, most of the contracts were registered, which confirms the constant interest of buyers in this region. However, in the capital of the Republic of Nicosia, real estate sales fell by 18%. In the first two months of 2023, the total number of transactions was 2222, which is 17% more than in the same period last year. If you are looking for a property in Cyprus, our Cyprus Developers Alliance team is ready to assist you in finding and buying a home. We offer quality services and an individual approach to each client. Contact us today to start your property search in Cyprus today.

What is Cyprus phenomenon? Why has this relatively small island become a favourite holiday and permanent residence place for a great number of foreigners from all over the world? Let us make a short list of Cyprus advantages. Wonderful climate and a healthy environment – We have lately asked one of our clients why he chose Cyprus in particular? His answer was brief – “because Cyprus is the only European country where one can bathe in the sea in November”. There are moreover 320 sunny days a year in Cyprus. At the same time there are mountains in Cyprus with snow cover in winter and with 4 ski lifts installed for skiers. Read more details at cyprus-alliance.com.