We will review the role of the real estate developer in Turkey and the most important qualities and skills that he must have, in addition to the most prominent projects that they have succeeded in implementing, and we will shed light on the successes and challenges facing this booming sector, and we will also discuss the role of the real estate developer in advancing urban and economic development in Turkey.
What is meant by a real estate developer in Turkey?
A real estate developer in Turkey is a person or company that specializes in designing and developing real estate projects, including purchasing land and planning real estate projects, and executing building and construction operations, marketing real estate units to potential buyers or investors, and the real estate projects that the real estate developer can implement include a variety of properties, such as residential apartments, commercial buildings, villas, large residential communities, commercial complexes, entertainment projects, industrial projects, and others.
What is meant by real estate development in Turkey?
Real estate development is a successful and profitable commercial and investment activity, which includes modifying and improving old or neglected properties, rebuilding existing buildings, purchasing vacant lands, then implementing innovative projects on them, marketing and selling them and the real estate developer in Turkey works in a holistic spirit towards all the details of the project, as he has the experience to identify the strengths, weaknesses, and points of success and failure in the project before embarking on it.
What is the job of a real estate developer in Turkey?
1. The real estate developer in Turkey analyzes the market and explores investment opportunities in various regions of Turkey and studying the growing real estate needs and identifying ideal locations for new projects
2. The real estate developer in Turkey purchases vacant or owned lands to develop them for real estate projects and this requires the ability to negotiate and contract with landlords and government agencies.
3. He designs and plans the real estate project in a way that meets the needs of the market and takes into account the engineering, economic and social aspects.
4. Manages the building and construction operations to transform the land into a tangible real estate project.
5. Marketing the project and attracting potential investors and buyers and it takes care of the sales process and the completion of deals.
6. After completing the project and handing over the real estate units to the buyers, the real estate developer sometimes takes over the management and maintenance of the real estate community.
7. It seeks continuous development and innovation in its projects, through the use of the latest technologies and engineering and design concepts.
Benefits of hiring a real estate developer in Turkey
1. Experience and professionalism in the field of real estate development.
2. Comprehensive understanding of the real estate market in Turkey and investment opportunities.
3. Ability to handle legal and regulatory papers and transactions.
4. Providing innovative designs and distinguished projects that meet the needs of the market.
5. Focus on quality and detail in implementation and construction.
6. Using the latest technologies and engineering and design concepts.
7. The ability to improve the urban environment and develop infrastructure.
8. Compliance with environmental standards and sustainability in projects.
9. Follow recent real estate trends and developments.
10. The ability to provide solutions tailored to the individual needs of buyers.
11. Facilitating the process of buying a property in Turkey and financing for buyers.
12. Real estate management in Turkey and its maintenance after handover to buyers.
13. Commitment to deadlines for project delivery.
14. Providing multiple options of real estate in Türkiye and various projects.
15. Providing support services to foreign investors such as translation and legal advice.
16. Benefit from prime locations in Türkiye such as coastal areas and central neighborhoods.
17. Good investment returns and opportunities to predict the future value of real estate.
18. Providing a range of facilities and services surrounding real estate projects.
19. Obtaining a high level of security and confidence in purchases.
20. Contribute to the improvement of infrastructure and economic development in Turkey.
Tips before using a real estate developer in Turkey
1. Do extensive research and exploration about real estate developers in Turkey.
2. Verify that the real estate developer in Turkey has the necessary licenses to implement projects and contribute to the real estate sector.
3. Ask the real estate developer to provide a record of his previous and completed works and projects to assess the quality of work and his commitment to deadlines.
4. Try to visit the previous projects implemented by the real estate developer to assess the quality of construction and finishing and the extent of his attention to detail.
5. Ask for a copy of the contract and read it thoroughly to ensure that all terms and details are clearly and understandably explained.
6. You can consult with a local real estate advisor before making your final decision to get important advice and guidance.
7. Try to negotiate rates and terms to get a deal that works for you and your needs.
8. Ask the real estate developer about his future plans for the project and whether there are future services offered to buyers
9. Be sure to obtain additional information about the area chosen for the project and the available infrastructure and services.
10. Check the guarantees provided by the real estate developer regarding the quality of construction, materials used, and sustainability.
What is the difference between a real estate developer in Turkey and a contractor?
A real estate developer in Turkey is a development manager who provides integrated services in the field of real estate and he assumes this vital role in providing the best idea for the project, through detailed feasibility studies and providing financing sources, he selects the best consultant and the most appropriate contractor, and develops a project marketing plan and sales strategy and the name "real estate developer" is applied only to people who provide an added and integrated value that helps in the rapid growth of the project, while avoiding mistakes in work, good management and marketing of the property, and preserving its value.
The role of the real estate developer in Turkey is essential in achieving success in real estate investments.