Unrealistic pricing and market bubbles

One of the main challenges for foreign buyers of property in Turkey or Cyprus is “dual pricing”, meaning that the price quoted to a foreigner is much higher than the actual market price for locals. Many projects are marketed with promises of astronomical profits and guaranteed rents that in practice have no practical basis. The uninformed buyer may end up buying a property that not only has no added value, but also has very low liquidity. Nihad Group uses independent analysis and access to local information to assess the real value of the property to the client. We approach the matter from a “smart investment” perspective to ensure that the purchase of a property is a sound economic decision, not a passing excitement.