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Real Estate development

Building residential complexes

Needs Assessment:
I begin by thoroughly understanding the client's investment goals, budget, timeline, and specific requirements for the construction project. This helps me identify suitable construction companies that align with their objectives.

Prequalification:
I undertake a rigorous screening process to evaluate and shortlist construction companies based on their expertise, track record, financial stability, and previous project performance. This ensures that the selected companies have the necessary qualifications to meet the client's expectations.

Proposal Evaluation:
I collect and analyze proposals from the shortlisted construction companies, considering factors such as cost estimates, project timelines, quality standards, and contractual terms. I provide the client with a comprehensive comparison and recommendations for further decision-making.

Due Diligence:
I conduct thorough due diligence on the final selected construction company to verify their credentials, licenses, insurance coverage, and compliance with local regulations. This step ensures that the client is engaging with a reputable and trustworthy construction partner.

Contract Negotiation:
I assist the client in negotiating the contract terms and conditions with the chosen construction company. This includes aspects such as project scope, pricing, payment schedules, warranties, and dispute resolution mechanisms. I aim to secure a fair and mutually beneficial agreement for both parties.

Project Oversight:
Throughout the construction process, I provide ongoing project oversight to ensure adherence to the agreed-upon specifications, timelines, and quality standards. I serve as a liaison between the investor and the construction company, facilitating effective communication and resolving any issues that may arise.

Progress Reporting:
I regularly update the client on the project's progress, including milestones achieved, budget utilization, and any deviations from the original plan. Transparent reporting enables the client to stay informed and make informed decisions throughout the construction phase.

Project Completion:
Once the construction is complete, I conduct a final inspection to ensure that all requirements have been met and that the project is delivered to the client's satisfaction. I facilitate the necessary documentation and handle the final financial transactions between the investor and the construction company.

By offering this comprehensive mechanism and undertaking these steps, I aim to provide clients with a seamless and efficient process for connecting them with reputable construction companies, mitigating risks, and maximizing the success of their investment ventures.

Investing in the construction sector in Turkey can offer several advantages to investors. Here are some key benefits:


Potential for High Returns:
The construction sector in Turkey has witnessed robust growth in recent years. Investing in construction projects, such as residential or commercial developments, infrastructure projects, or industrial facilities, can provide attractive returns on investment. As the demand for construction services continues to rise, investors can capitalize on the market opportunities and benefit from the potential profitability of their projects.

Diversification:
Investing in the construction sector allows investors to diversify their portfolio. By allocating funds to real estate and construction projects, investors can reduce their exposure to other asset classes and spread their risk. This diversification strategy can help protect their investments against market fluctuations and economic downturns.

Tangible Assets:
Construction investments often involve tangible assets, such as properties, buildings, or infrastructure. These assets provide a sense of security to investors, as they have intrinsic value and can be sold or leased to generate income. The physical nature of these assets can also act as a hedge against inflation, as property values tend to appreciate over time.

Long-Term Stability:
The construction sector in Turkey has shown resilience and stability over the years. Despite occasional market fluctuations, the demand for construction services remains steady due to factors like population growth, urbanization, and infrastructure development. Investors in the construction sector can benefit from the sector's long-term stability, which can provide a reliable income stream and capital appreciation.

Government Support:
The Turkish government has implemented various measures to support the construction sector and attract investment. This includes offering incentives such as tax exemptions, reduced customs duties, and streamlined bureaucratic processes. Government support provides investors with a favorable business environment and enhances the prospects of their construction investments.

Citizenship and Residency Programs:
Turkey has introduced programs, such as the Citizenship by Investment program and the Residency Program, to encourage foreign investors to invest in the country. These programs offer benefits like Turkish citizenship or long-term residency permits to eligible investors. Investing in the construction sector can help investors fulfill the investment criteria and gain access to these programs, providing additional advantages and privileges.

Opportunity for Value Creation:
Investing in the construction sector allows investors to actively participate in shaping the built environment of Turkey. By funding and developing construction projects, investors can contribute to the country's infrastructure, housing, and commercial development. This not only creates value for the investors but also positively impacts the local communities and the overall economy.

Favorable Demographic Trends:
Turkey has a young and growing population, which drives the demand for housing, commercial spaces, and infrastructure projects. Investing in the construction sector allows investors to tap into this demographic advantage and capitalize on the expanding market for construction services. The favorable demographic trends provide a strong foundation for sustained growth in the construction sector.

As with any investment, it's crucial for investors to conduct thorough research, assess risks, and seek professional advice before making investment decisions in the construction sector in Turkey. Understanding the local market dynamics, regulatory environment, and working with reliable partners are essential for maximizing the advantages of investing in this sector.

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construction

Building small hotels

As a leading real estate development company, we specialize in delivering top-notch construction services for hotels and hospitals. With a wealth of experience in the industry, we understand the unique demands and requirements of these establishments. Our dedicated team of professionals, including architects, engineers, and project managers, collaborates closely with clients to ensure the successful completion of every project. Whether it's a luxurious hotel or a state-of-the-art hospital, we prioritize functionality, aesthetics, and the highest standards of quality. From designing spacious guest rooms and inviting common areas to incorporating cutting-edge medical facilities and adhering to stringent safety standards, our expertise spans both sectors. We are committed to creating exceptional spaces that not only meet the specific needs of our clients but also exceed the expectations of guests and patients alike. With our comprehensive approach and unwavering dedication, we are your trusted partner for hotel and hospital construction services.

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construction

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houseWhat You Need To Know About Turkey Property Market

Why Damas?

  • We offer two types of property investment: pure lifestyle or pure investment, with plenty of strong reasons to choose between the two.
  • From Government guaranteed property listings to sea-view projects and easy instalment plans, we are here to help you make the right decision and seal a favorable deal.

What are you waiting for? Check out the list of luxury property in Turkey to find your ideal real estate, taking into consideration your budget and personal lifestyle requirements.

DAMAS Company is a leading provider of construction and construction services, catering specifically to investors seeking opportunities in Turkey's thriving construction sector. With our extensive expertise and experience, we offer a comprehensive range of services to support and facilitate investment ventures. Whether it's residential or commercial projects, infrastructure development, or industrial facilities, Damas Company is committed to delivering exceptional construction solutions. Our dedicated team of professionals ensures the highest standards of quality, efficiency, and innovation in every project we undertake. By partnering with Damas Company, investors can rely on our industry knowledge and commitment to excellence as we work together to unlock the full potential of their construction investments in Turkey.

Request a free consultation from one of our expert agent today!

In 2018 alone, foreigners bought 40,000 homes in Turkey, which goes to show how thriving Turkey property market is booming. Besides, buyers don’t seem to be slowing down anytime soon because the same buying trend is continuing in 2019.

In case you are wondering why the sudden increases, it could be because of the current exchange rate which has been found to favor buyers as well as the ease with which Turkey has made it for people to venture into Turkey real estate market, which is also benefitting Turkish real estate companies and anyone who is a real estate agent in Turkey.

Our blog articles cover most of the things you would love to know about buying a property in Turkey or other hot spots like Istanbul, Bursa, Antalya, Izmir, Fethiye, and Yalova. Furthermore, we will put you through the buying process so that your search will be a fruitful one. But before checking out real estate companies in Turkey to buy a property, you should know the rules and regulations of Turkey as it regards the housing sector.

New Rules and Regulations:

Foreigners can now enjoy buying a property in Turkey since the new rule allows them to buy up to 30,000 Sqm unlike in the past where this was not possible. In addition, they can buy properties in an official district surface area of up to 10% except within the military zone.

This is great news for those looking to venture into Istanbul real estate market or seek out an Istanbul real estate agency

Who can Invest in Turkish Property?

Before now, the reciprocal law did not allow foreigners buy properties in Turkey, but it has been repelled allowing Americans, Europeans, Chinese, Russians, Middle Easterners, and Indians to own properties.

How to Safely Buy Properties in Turkey:

With the increased interest in Turkey, with particular interest in house prices in Istanbul or Istanbul property prices, the safest way to buy a property is to use a registered estate agent or company. You can find out house prices in turkey, but before parting with your money;

  • use an English speaking lawyer that understands the laws
  • ensure there are no debts on the property and the legalities are in order
  • pay only through the bank

We understand all this and have simplified everything for you.

Contact us and will be more than willing to answer any question you may have about buying a property in Turkey.

Ask for a free consultation Istanbul Properties:

Istanbul is a city of fantastic history, culture and beauty, and living here is the dream of many! A list of its points of interest would be long enough to pen down together. If you are looking for the best possible deal to make this dream come true, Damas Turk Real Estate will help you meet all your requirements!

Investing in the construction sector in Turkey can offer several advantages to investors. Here are some key benefits:

Potential for High Returns:

The construction sector in Turkey has witnessed robust growth in recent years. Investing in construction projects, such as residential or commercial developments, infrastructure projects, or industrial facilities, can provide attractive returns on investment. As the demand for construction services continues to rise, investors can capitalize on the market opportunities and benefit from the potential profitability of their projects.

Diversification:

Investing in the construction sector allows investors to diversify their portfolio. By allocating funds to real estate and construction projects, investors can reduce their exposure to other asset classes and spread their risk. This diversification strategy can help protect their investments against market fluctuations and economic downturns.

Tangible Assets:

Construction investments often involve tangible assets, such as properties, buildings, or infrastructure. These assets provide a sense of security to investors, as they have intrinsic value and can be sold or leased to generate income. The physical nature of these assets can also act as a hedge against inflation, as property values tend to appreciate over time.

Long-Term Stability:

The construction sector in Turkey has shown resilience and stability over the years. Despite occasional market fluctuations, the demand for construction services remains steady due to factors like population growth, urbanization, and infrastructure development. Investors in the construction sector can benefit from the sector's long-term stability, which can provide a reliable income stream and capital appreciation.

Government Support:

The Turkish government has implemented various measures to support the construction sector and attract investment. This includes offering incentives such as tax exemptions, reduced customs duties, and streamlined bureaucratic processes. Government support provides investors with a favorable business environment and enhances the prospects of their construction investments.

Citizenship and Residency Programs:

Turkey has introduced programs, such as the Citizenship by Investment program and the Residency Program, to encourage foreign investors to invest in the country. These programs offer benefits like Turkish citizenship or long-term residency permits to eligible investors. Investing in the construction sector can help investors fulfill the investment criteria and gain access to these programs, providing additional advantages and privileges.

Opportunity for Value Creation:

Investing in the construction sector allows investors to actively participate in shaping the built environment of Turkey. By funding and developing construction projects, investors can contribute to the country's infrastructure, housing, and commercial development. This not only creates value for the investors but also positively impacts the local communities and the overall economy.

Favorable Demographic Trends:

Turkey has a young and growing population, which drives the demand for housing, commercial spaces, and infrastructure projects. Investing in the construction sector allows investors to tap into this demographic advantage and capitalize on the expanding market for construction services. The favorable demographic trends provide a strong foundation for sustained growth in the construction sector.

As with any investment, it's crucial for investors to conduct thorough research, assess risks, and seek professional advice before making investment decisions in the construction sector in Turkey. Understanding the local market dynamics, regulatory environment, and working with reliable partners are essential for maximizing the advantages of investing in this sector.

Living In Istanbul:

The territory of modern Turkey is the cradle of different civilizations. Every year Istanbul welcomes millions of people to find the ideal property in Istanbul and other parts of Turkey. From breathable apartments to beautiful villas and luxurious flat in Istanbul, we offer a list of highly sought after residences and projects in the fast developing suburbs.

Investing In Istanbul Real Estate:

Istanbul is, without a doubt, a star performer of the turkey’s real estate market! Apart from the fact that most of the well-managed and luxury residences are built in high-rise tower complexes with shopping malls, restaurants and other facilities all under one roof, there are several reasons why investors are lured to invest in Istanbul luxury real estate.

Not to forget, Istanbul also ranks as the number one city for capital growth potential and has new branded lifestyle projects that edge everything to a buyers advantage.

 

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