What Factors Determine The Price of Real Estates?

30 July 2021 Investment

There are so many factors which affects a property’s current selling price or future value. Location is definitely one of the most important factors affecting the price of a real estate.

In addition to the location, the neighborhood has also a very significant role. For example, a real estate’s price which as close to a commercial district would be higher than usual or in rural areas would be lower than usual. Nevertheless, if a house is close or provides easy access to highways, hospitals, education institutions and shopping centers, this will also increase the price.

The age of the house, having green areas, private security and facilities such as swimming pool, children's playgrounds, gym, indoor parking are also very important criteria while giving a value to the property. There are many other factors which will increase the price of the flat. For example, built in accordance with the earthquake regulations, a brand-new building, built by an institutional firm and the size of the place will absolutely affect the price.

Title deed status is absolutely another factor that affect the price. During the project, if the real estate is real estate, the floor altitude is established by the contractor, the necessary controls are made after the project is completed and the suitability of the project is approved, a Residence Permit is obtained from the relevant authorities and the title deeds are converted into flat ownership. In addition to the title deed status, restrictions such as sales annotations or mortgages on the real estate act important role.

Nobody wishes to spend time for finding a parking spot and want to park their car safe and easily. So, parking facilities have also remarkable affect the price of the property. House prices cannot be considered separately from the neighborhood. That is why housing prices in an area where you intend to buy a house can be determined according to the prices in the surrounding area.

AKD Invest will give you the service you need such as right price to the right property. We always stand by your side from the very step till to the end and beyond in your purchasing process

Related Articles & News

04 July 2021 Investment

Why Should You Invest to A Property in Istanbul?

If you invest to a property in Istanbul, you will see that sky is the limit when the topic is the benefits. That is why so many investors make various...

Detail
13 July 2021 Investment

Luxury Apartments And Their Facilities Make The Life More Comfortable

The apartment and house life debate have been going on for a long time. But if you think about the benefits of luxury apartment projects, you will probably...

Detail
21 July 2021 Investment

Choosing The Right Neighborhood For Your New Property Invest in Istanbul

Istanbul's neighborhoods are different from each other, and the price range varies greatly depending on the region.

Detail
25 July 2021 Investment

Take a Viewing Tour With AKD Invest And Get The Benefits of Working With Professionals

AKD Invest is a leading real estate company in Turkey and if possible, we recommend property buyers to take a viewing tour with our company so as to make a...

Detail
06 June 2021 Investment

Take a Viewing Tour with AKD Invest And Get The Benefits of Working With Professionals

AKD Invest is a leading real estate company in Turkey and if possible, we recommend property buyers to take a viewing tour with our company so as to make a...

Detail
02 June 2021 Investment

Choosing The Right Neighborhood For Your New Property Invest in Istanbul

Istanbul's neighborhoods are different from each other, and the price range varies greatly depending on the region.

Detail
01 June 2021 Investment

Why Should You Invest to A Property in Istanbul?

If you invest to a property in Istanbul, you will see that sky is the limit when the topic is the benefits. That is why so many investors make various...

Detail
30 May 2021 Investment

Luxury Apartments And Their Facilities Make The Life More Comfortable

The apartment and house life debate have been going on for a long time. But if you think about the benefits of luxury apartment projects, you will probably...

Detail
09 May 2021 Investment

What Factors Determine The Price of Real Estates?

There are so many factors which affects a property’s current selling price or future value. Location is definitely one of the most important factors...

Detail
×
Let's call you