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Close proximity to the beach increases the rental rate by 10-25%. View of the sea – by 10-15%. In Kestel, property owners have a significant reason to keep the high price of housing:
- Length of sand and pebble beaches over 3 kilometers;
- The width of the main development along the coast of only 300-500 meters;
- With wide terraces and panoramic windows of modern buildings offer beautiful views of the coast.
The advantages of investing in real estate in Kestel by the sea
The government’s planned development project for the Kestel area relieved private investors of the costs of developing the area:
- all resorts are connected by the D400 highway;
- beaches and rivers have been cleaned and shore protection has been provided;
- decorated promenade, parking lots, parks, tourist areas.
In parallel with the villas, housing and hotels in Kestel built supermarkets, schools, clinics, public transport stops. Housing by the sea in Kestel is actively bought by European expats for permanent residence.
Buy real estate by the sea in Kestel profitably
Kestel has strong investment potential: a wide strip of land is not built-up, there is an opportunity to buy an object on the coast at a bargain price with the prospect of profitability up to 65% at the time of commissioning of the residential complex or apartment hotel.
Modern construction solutions bring buyers in Kestel profit:
- modern construction standards of earthquake resistance, energy efficiency, logistics, and ergonomics are taken into account;
- panoramic glazing makes the space seem larger;
- the complexes include full-fledged infrastructure: swimming pools, spas, gyms, playgrounds;
- the cost of repairs in the coming decades is minimal;
- payback period 4-5 years.
How to buy an apartment or villa with a sea view in Kestel
Turkey Property Group experts take into account 40+ criteria when evaluating an object. For real estate by the sea, it is important to consider the risk of development of the area between the building and the shore, assessing the topography, design, side of the facade, the neighborhood.
The price per square meter of a unit in a complex with a 5* hotel service is higher than for an apartment, but taking into account the increasing demand for quality apartments, the unit will bring more income. It is 20-35% more profitable to buy ready-made apartments with design-project, finishing and furniture: the object is profitable from the moment of purchase.
Comprehensive support for the purchase of villas and apartments by the sea in Kestel
Turkey Property Group organizes study tours, checks the legal clearness of the deal. We will help with the preparation of documents, translation, opening bank accounts. We will calculate the optimal financial scheme of the deal.