How to Study a Bachelor’s Degree in Real Estate Development at Turkish Universities?
real estate development major focuses on enhancing and improving properties to add value and meet the needs of the real estate market.
Who is a Real Estate Developer?
A real estate developer is an individual or a company specialized in planning and executing real estate projects, starting from the examination and analysis phase to the delivery of the final project. They oversee all aspects related to property development.
Types of Real Estate Development:
– Residential Housing Development: Includes building and developing residential communities, whether individual houses or larger residential projects like apartment complexes.
– Commercial Property Development: Focuses on developing commercial projects such as shopping centers, malls, and hotels.
– Industrial Property Development: Involves developing industrial areas and facilities used for industrial and manufacturing purposes.
– Entertainment Property Development: Includes building entertainment facilities such as resorts, sports stadiums, and entertainment centers.
– Agricultural Property Development: Focuses on converting agricultural lands into real estate projects, either for residential or commercial use.
– Healthcare Property Development: Involves building hospitals, medical centers, and other healthcare facilities.
– Green (Sustainable) Property Development: Includes building projects that focus on environmental sustainability, such as green buildings and eco-friendly design.
– Recreational Property Development: Involves building recreational projects such as amusement parks, gardens, and parks.
– Urban Property Development: Focuses on developing urban areas and redesigning them to improve infrastructure and quality of life.
The type of real estate development depends on the needs and demand in the local market and may include a mix of residential, commercial, and investment purposes.
How to Manage Real Estate?
Real estate management involves various aspects that must be considered to ensure the property’s best use and maintenance. Here are some steps and tips that can help effectively manage real estate:
– Set Investment Goals: Define the purpose of real estate investment (such as monthly rent or sale) and develop an investment plan based on that.
– Develop a Management Plan: Determine how the property will be managed, whether self-management or through the use of property management company services.
– Determine the Right Price: Evaluate the market to determine the rental price or the appropriate selling price for the property.
– Carefully Lease the Property: Choose tenants carefully and conduct background checks to ensure good payment and care of the property.
– Carefully Manage Contracts: Ensure that contracts contain clear and fair terms, specifically regarding rent and maintenance.
– Regular Maintenance: Schedule regular maintenance for the property to preserve its value and attractiveness.
– Track Rent and Payments: Regularly track rent payments and ensure timely responses to delays.
– Effective Communication: Maintain effective communication with tenants.
– Insurance: Ensure property insurance, including liability insurance.
– Review Investment Performance: Regularly review investment performance and update management plans according to market developments.
– Compliance with Laws and Regulations: Ensure compliance with local laws and regulations related to property management.
– Use of Technology: Preferably rely on technology to facilitate management operations, payment tracking, and maintenance.
Overview of Real Estate Development major:
History of Real Estate Development in Turkey:
The history of real estate development in Turkey extends over several decades, but this sector has witnessed significant growth in the last two decades.
After the millennium, Turkey experienced tremendous development in the real estate sector due to economic growth and foreign investments.
Number of Students Studying Real Estate Development in Turkey:
According to the Turkish Ministry of Education, there are approximately 100 universities in Turkey offering real estate development major, with an estimated enrollment of around 20,000 students in this field.
Benefits of Studying Real Estate Development in Turkey:
– Growth of the Real Estate Industry: Turkey has witnessed tremendous growth in the real estate sector in recent decades, enhancing job and investment opportunities in this field.
– Strategic Location: Turkey occupies a strategic geographical location between Europe and Asia, making it a center for trade and investment. Therefore, graduates of real estate development major can have diverse job opportunities.
– Favorable Legislation: Turkey has implemented economic reforms and legislation to facilitate investment operations and property purchases, helping to attract both domestic and foreign investors.
– Market Diversity: Students studying real estate development in Turkey can familiarize themselves with the diversity of the real estate market, ranging from residential projects to commercial and tourist projects.
– Opportunities for International Partnerships: With the continued development of the Turkish economy, opportunities for cooperation with international companies in the field of real estate development are increasing.
– Modern Techniques: Students in Turkey can benefit from modern techniques in the field of real estate development, helping them adapt to technological advancements in this sector.
Is studying real estate development in Turkey affordable? In general, studying real estate development in Turkey is considered affordable compared to European or American countries. However, the cost of studying may vary depending on the university and city.
If you want to know the exact cost, simply contact us at Alemni Shokran and we will help you find the university that suits you in terms of costs and keep you informed of all the required procedures.
Requirements for studying real estate development in Turkey:
Bachelor’s Degree Admission Requirements:
Applicants must have completed secondary education or hold an equivalent qualification.
Passing the University Entrance Exam (YKS), which is the admission exam for higher education in Turkey.
There may be English language proficiency requirements (such as TOEFL or IELTS) if the program is offered in English. For programs offered in Turkish, there may be Turkish language tests such as TOMER.
Some universities may require additional documents such as a motivation letter or recommendation letter.
In some cases, applicants may be required to attend a personal interview as part of the admission process.
Requirements for studying real estate development in Turkish institutes:
Obtaining a high school diploma or its equivalent.
Passing the institute’s entrance exam.
Achieving good grades in subjects such as mathematics, sciences, and foreign languages.
The student must have a Turkish or English language certificate according to the institute’s requirements.
The student must have an Academic Proficiency Test (GMAT) or Turkish University Entrance Exam (YÖS) certificate.
You can easily obtain the most important requirements and conditions of Turkish universities and institutes. Just contact us now at Alemni Shokran.
Duration of studying real estate development in Turkish universities and course subjects:
Bachelor’s Degree Study Duration:
The duration of studying for a bachelor’s degree in real estate development in Turkish universities is four years, which is a standard duration in most Turkish universities, and in some universities, it may extend to five years, usually due to the presence of a preparatory year for students who do not speak Turkish.
Bachelor’s Degree Course Subjects in Real Estate Development in Turkey:
Introduction to Real Estate Development: Focuses on understanding the basics of the real estate industry, key concepts, and property management systems.
Property Valuation: Students learn how to evaluate property values and analyze the real estate market.
Real Estate Project Planning: Studies how to plan and design real estate projects, including architectural and engineering aspects.
Real Estate Financing: Introduces students to property management systems, financing mechanisms, and investment in real estate projects.
Economics and Market Analysis: Focuses on understanding how to analyze the economic and market factors affecting the real estate development industry.
Technology in Real Estate Development: Focuses on exploring the use of technology to improve real estate development processes.
Duration of studying real estate development in Turkish institutes:
The duration of studying real estate development in Turkish institutes is two years. After completing the study, students obtain a diploma in the same major.
There are some Turkish institutes that offer real estate development programs for a longer duration, up to three years, usually due to the presence of a preparatory year for students who do not speak Turkish.
Course Subjects in Real Estate Development in Turkish Institutes:
Real Estate Economics: This course aims to introduce students to the economic concepts related to the real estate industry and their impact on the economy in general.
Real Estate Marketing: This course focuses on studying how to market real estate projects and attract investors and clients.
Real Estate Law and Regulations: Studies the laws and regulations related to real estate and real estate development in Turkey.
Real Estate Project Management: Focuses on understanding how to manage properties, including planning, implementation, cost control, and time management.
Employment Opportunities for Real Estate Development Graduates:
Real Estate Developer: Works on planning and implementing real estate projects, whether residential or commercial, and conducts market analysis and financial feasibility to identify development opportunities.
Real Estate Project Manager: Oversees the implementation of real estate projects and manages technical and financial aspects, coordinating between the different project teams.
Real Estate Marketing Specialist: Works on promoting real estate projects and marketing them to potential clients, managing advertising campaigns, and developing effective marketing strategies.
Real Estate Investment Analyst: Works on evaluating investment opportunities and analyzing the financial feasibility of real estate projects, providing strategic recommendations to investors.
Real Estate Asset Manager: Works on managing real estate assets and optimizing the performance of owned real estate properties, developing strategies to maximize asset value.
Real Estate Project Designer: Works on designing real estate projects considering aesthetic and functional aspects, collaborating with development and engineering teams to achieve the desired designs.
Real Estate Consultant: Assists in providing consulting services in the field of real estate development to private clients or companies and works in real estate development companies.
Real Estate Sales Manager: Oversees real estate managers in this specialization, motivates them to achieve sales goals, negotiates with clients, and manages sales operations.
Employment opportunities may vary depending on the geographical location and the local real estate market, and graduates are encouraged to expand their skills and engage in continuous learning to improve their opportunities in this diverse field.
Real Estate Employee Tasks:
Feasibility Analysis: Conducts in-depth studies of the real estate market to identify development opportunities, evaluates costs, and expected returns for the project.
Site Selection: Identifies suitable locations for successful real estate development projects.
Project Design: Works with engineers and designers to develop efficient and attractive designs for the project.
Permit Acquisition: Manages the legal and administrative procedures to obtain necessary permits.
Construction Management: Coordinates and manages construction operations to ensure the project is delivered on time and to the required specifications.
Marketing and Sales: Markets the project to attract investors or potential buyers, manages sales operations, and closes deals.
Asset Management: After completing the project, real estate developers can monitor and manage the developed real estate assets.
Available Languages for Studying Real Estate Development major in Turkey
Real estate development majors are available in Turkey in both English and Turkish languages.
Generally, Turkish public universities offer real estate development programs in Turkish, while private Turkish universities offer programs in English.
Here are some examples of universities offering real estate development study programs in English in Turkey:
– Istanbul Technical University.
– Middle East Technical University.
– Bogazici University.
– Sabanci University.
– Dokuz Eylul University.
As for real estate development programs in Turkish, they are available in many Turkish universities, including:
– Ankara University.
– Bogazici University.
– Middle East Technical University.
– Istanbul University.
– Istanbul Technical University.
Foreign students can apply to real estate development programs in Turkey in English, but they may need to demonstrate their English proficiency by providing a language test certificate (such as IELTS or TOEFL).
Here is a list of some Turkish universities offering real estate development major:
– Istanbul Technical University.
– Middle East Technical University.
– Bogazici University.
– Sabanci University.
– Dokuz Eylul University.
– Ankara University.
– Istanbul University.
– Bursa Technical University.
– Galatasaray University.
– Yildirim Beyazit University.
– Hitit University.
Turkish institutes offering real estate development studies include:
– Professional Institute at Eurasia University in Trabzon.
– Professional Institute at Istanbul Okan University in Istanbul.
– Professional Institute of Technical Sciences at Mersin University.
– Trabzon Professional Institute at Black Sea Technical University.
– Izmir Professional Institute at Dokuz Eylul University.
– Baskent Professional Institute of Technical Sciences at Hitit University.
If you’re interested in real estate development and management field and seeking an opportunity to study in Turkey, feel free to contact us at Alemni Shokran, and we’ll save you the hassle of research.
We’ll provide you with all the information you need, assist you in all the necessary steps to complete the study process. Register your documents now.