It depends on the purchase of real estate in Turkey to have success as a buyer of real estate in Turkey, you have to find suitable real estate and sell them at a profit. This article gives some tips. These tips can not replace the experience of an Immoblienhandlers. It is helpful to use when it comes to real estate in Turkey directly. Because it is not done, craftsman for repairs to the property can arrange a lawyer to know or someone who. Our main advice is therefore right at the beginning: you hire professionals! And then: you will learn how to evaluate real estate, find their true value.
This helps you make the right investment decisions. Real estate agents and banks determine the value of a house or an apartment on the Turkish Riviera, by looking at the figures from three to five of similar objects. You must be able to do this yourself. For this you need price lists. What have similar objects in the neighborhood brought? This is your code.
There is not the ideal time to invest. It’s almost harder to invest in rising markets. The profit increases are greater then. But there are also fewer objects, and you need to sell this quickly. More info: Laurent Potdevin. Vice versa you can cheaper to acquire objects in falling real estate markets, they last longer. And it offered more in free trade. The latter situation makes it almost easier for you as an aspiring real estate investor in Turkey. Your purchase must be completed at a good discount to allow a profitable sale at a later date. Can you negotiate well? Leverage is also very important for investors. The less cash you get stuck in an object, the more homes you can buy. If prices rise, your profitability is increasing disproportionately. Therefore in the context also called leverage. On the other hand, if prices fall and you have taken on too much debt, this may to a negative cash flow lead. Because real estate is generally cyclic, negative cash flow is only a short-term problem, and can be treated, if you have other income or cash reserves. To limit your risk, you will need to keep the real estate market you have selected very carefully in view. Extend the sensor in the neighborhood. Watch the stock market. What are the interest rates. A real estate professional is always very well informed. Your purchase must also be at a good discount to allow a profitable sale at a later date. Can you negotiate well? It is crucial to assess the future of a local real estate market. And you should have a backup plan if the first approach does not work.
Secondly, the market for existing plantations seems intransparent and illiquid. For the seller, it therefore made trouble and needed time to find a suitable buyer. This is well aware of the buyer and he will put the seller under pressure to increase a liquidity discount to get, so its own IRR. Buying an existing teak wood Plantation: the perspective of buyers purchasing an existing teak wood plantation avoids certain risks for the purchaser. Firstly, the results of the project are clearly visible and the risk of soil quality and suitability of the site can be better appreciated. Rather has the difficulty to do due diligence and careful clarification.
Due to lack of data, a buyer does not seem needed some time to find out whether or not the called plantation has potential. For the discerning buyer, such opportunities are much more interesting, especially since he is better able to give an opinion on the expected volume of wood and the harvest due to the existing tree diameter. So, you can reduce the risk of buying into an existing plantation for the buyer. The second aspect is that the “lock-in” period 20 to 25 years may take in a greenfield project as is buying into an existing brownfield plantation investment depending on significantly may reduce the investment period for investors from the age of the plantation -. A shorter holding period means less risk for the investor. Also for cash flow estimates, various assumptions must be taken (inflation forecast, expected sale price, and wood volume). In the case of miscalculation, an estimate is by definition not the same as the actual result is the difference between the reality of less serious for a brownfield project as a greenfield project.
A greenfield project original assumptions are further extrapolated into the future and thus cause larger deviations from reality, as when a brownfield project. Conclusion under the point of view of the incoming Risk it might be wiser to invest in a legacy plantation. More clarity over several previously unknown variables (soil quality, effectiveness of the planting strategy), so that the risks can be reduced and the investment period is shortened. However, this approach requires more care, due diligence and attention to the price to be paid.
Real estate credit: 10 tips for the ongoing financing – terminate or finance connection (Berlin, 14.05.2012) anyone who has completed a financing contract, is bound to these many years. The regular rates are to apply in a timely manner or it threatens serious financial problems. But it is not enough to put the contract in the drawer, and no longer the financing conditions to confront the next few decades. Under certain conditions, a quite large savings potential is if financing can be optimized, for example, by replacing with a more favourable loan or by continuing with a reasonable follow-up financing. Below are 10 tips that any borrower can verify its ongoing funding.
1 keep you the market in mind informing you from time to time about current real estate financing. Speak your bank even when you finance for many years there. Often a discount is granted, if they refer to special offers from competing banks and the current low interest rate environment. 2. not regularly check your monthly input / output balance only the amortization and interest rates lead to spending every month.
Often, cheaper insurance or repairs as so far can be found through comparisons. You can set aside more equity capital and if necessary a special repayment increase your repayment performance, which ultimately leads to faster pursuit. 3. lease currently on low: When should a debt restructuring? This currently in the interest rates for real estate financing at very low levels. A restructuring of the current loan on another credit institution is tantamount to dismissal, for which many institutions charge a compensation (especially within a binding period of borrowing). Refinancing is worthwhile only if the interest savings of the new financing is so high, that compensation as well as the resulting additional costs more than be offset (such as processing fees or notary and land costs).