Abbas Hashmi ABFP®
New York, New York, United States
32K followers
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Ladislas Maurice
Is Istanbul 🇹🇷 real estate starting to be interesting again? What people need to understand about the Istanbul real estate market is that it is a very volatile market. The market can go from frenzied with bidding wars, to drops with little liquidity in the market. After 3 years of price increases in USD terms, prices have been decreasing in USD for the past year, just as rents kept rising in USD. The current market situation is therefore that you can buy apartments downtown Istanbul with rental yields of 6%-7%. As the gap between gross and net rental yields are low in Istanbul, one can easily get net rental yields of 5%-6% pre-tax. Also, as prices are dropping and liquidity is down, it is a clear buyer's market. For people who want cash-flowing real estate at attractive valuations in decent neighbourhoods of a city of over 15 million people, this is not a bad play. And you can get free citizenship out of it Yes, if you invest at least $400,000 in real estate in Turkey (one or multiple properties), you can apply for citizenship for you, your spouse, and underage children. The process takes about one year and requires a single trip to Turkey. After three years you may sell the real estate. It's a great program, especially for Westerners who want geopolitical diversification. There have been strong rumours since last year of a hike to $600,000, so if you are considering this program, don't wait forever. There is also an option with a 3 year $500,000 deposit. What's the catch? It's not a market for the faint of heart. You need to stomach volatility, such as your rents decreasing in USD terms as the Lira goes down, until you renegotiate next year's rent. Also, Turkey invariably makes negative headlines in Western media, and the risk of conflict is ever present in this volatile part of the world. It's part of the game of being a rising middle power with an active diplomacy, strong military and vibrant economy in a region with historical foes around. The risk of earthquakes is real, though this can be mitigated by buying in the right neighbourhoods (which I did) or stronger buildings and getting compulsory earthquake insurance. A case study Here's a case study of an apartment that one of Keith's clients bought. Net rental yields of 5%-6% are doable. https://lnkd.in/emdH8m6b
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Dimitris Bakolas
Unlock a World of Opportunity – Invest in Greek Real Estate for Smart, Strategic Gains. In an ever-changing market, the most successful #investors are those who explore strategic alternatives. While the average cost of a rental property in the U.S. is around $400,000, investing in Greek real estate offers a far more accessible entry point, with properties starting at just €250,000 (approx. $275,000). This makes Greece an attractive destination for those seeking to maximize their investment with a lower capital outlay. Beyond the financial benefits, purchasing real estate in Greece also opens the door to the EU’s #GoldenVisa programme—a unique advantage that provides a 10-year residence permit, allowing you to live, work, and travel freely across the European Union. This is an #investment in both wealth and lifestyle, offering flexibility and opportunities that extend beyond traditional markets. Additionally, Greek #rental properties can deliver solid rental yields, with many areas offering returns of 4-6% or higher. Coupled with favourable tax rates on rental income, your potential for consistent cash flow becomes even more appealing. Furthermore, lower mortgage rates from Greek banks compared to current U.S. rates provide an additional financial advantage, making it easier to finance your investment and amplify your returns. Whether you’re looking to generate rental income in one of Europe’s most sought-after destinations or secure a strategic foothold in the EU, Greek real estate offers tangible, stable returns. If you're considering diversifying your portfolio with an investment that offers both financial and lifestyle advantages, I invite you to explore the opportunities in Greek real estate. With the right guidance, you can unlock the potential for steady income, growth, and EU residency. Take the first step toward building your wealth across borders. Dimitris Bakolas Dividend Investor | Real Estate Agent Helping you build wealth across markets
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Omar Joudeh
The Gulf real estate market is expected to remain dynamic through 2025, with opportunities arising from economic diversification, population growth, and infrastructural development. However, potential buyers and investors should remain vigilant to changes in regulations, market conditions, and global economic trends.
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Alireza Motallebzadeh
📍 In Istanbul’s dynamic market, location is key to unlocking true investment potential. My approach goes beyond traditional insights—I combine market knowledge with advanced analytics to forecast property values and maximize returns for my clients. This data-driven strategy provides clarity in decision-making, helping investors make informed choices in the most sought-after areas. If you’re looking to elevate your real estate portfolio in Istanbul with precision and insight, let’s connect. Message me to explore how the right location, backed by analytics, can transform your investment journey. https://lnkd.in/dj362rbf
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Daria Romanenko
Is buying a real estate in Turkey feasible for everyone? Certainly, buying real estate in Turkey is possible for everyone, and it is an option that attracts many foreign investors. Recently, Turkey has witnessed a noticeable increase in the number of people thinking about purchasing real estate there, as the Turkish Statistics Authority published that foreign sales for the period between January and March for the current year 2024 amounted to 27.622 properties, thanks to many interesting factors, such as sustainable economic growth, legislative developments, legal facilities and government investments in infrastructure. © Luxury Signature, Istanbul
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Ahmed Abdulhafez
Mohamed Samir, a real-estate finance expert, said that the current state of the market necessitated abolishing the decree issued in 2008 during the then real-estate bubble. The decree prohibited providing mortgages for properties still under construction. Expanding the supply of mortgages is the sole solution to sustain the real-estate market, particularly in the light of consecutive price hikes in recent years as a result of increased investment to hedge against possible currency devaluations, he said. The banks have funds amounting to up to LE450 billion to finance mortgages, with this figure increasing annually in accordance with Central Bank of Egypt (CBE) directives mandating the allocation of a portion of the banks’ portfolios to real-estate financing. “These funds should be gradually pumped into the market to narrow the gap between soaring real-estate prices and customers’ purchasing power,” Samir said. https://lnkd.in/du6VFY8z
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James Weldon
Been on a trip in Turkey and Greece for the last few weeks. 🇹🇷🇬🇷 Had a beautiful dinner last night outside of Bodrum, overlooking the Greek island of Kalymnos. Phenomenal food, wine, and company. One gentlemen we were with is a business and real estate owner here in Turkey, based in Istanbul. We got talking about the headwinds they are facing here. The government has forced them to raise employee wages 110% over the last 6 months. Materials have skyrocketed, gas is unpredictable and the contracts they have secured no longer makes sense economically. Interest rates are somewhere around 70%. On top of that, property owners can’t raise apartment or residential rent more than 25%, even though inflation is over 75% and the expenses of owning real estate keep climbing. Hard to understand how these businesses will survive. The people here are so hardworking and friendly. Turkey is such an important country in the history of the world and as a bridge between the Middle East and Europe. I’m rooting for them to succeed, but it seems like there are tougher roads ahead. Makes you really appreciate being born in the states. We certainly have issues and work to do, but lucky to have hit the lottery.
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Object1.uae
Investors from Australia, the UK, Europe, North America, Turkey, and Iran are expected to lead the next growth cycle in Dubai's real estate market. The high-income level, currently higher than in major markets, is a reassuring factor that attracts investors from different countries, ingraining confidence in their investment decisions. It is also predicted that investors from other traditional markets, such as India, Pakistan, and the Middle East, will continue to contribute significantly to the growth of Dubai's real estate sector. The UAE real estate market has already experienced three cycles – before the global financial crisis in 2009, 2014, and post-COVID. Some industry experts believe the third cycle is nearing completion, peaking in 2023-24. They suggest that the fourth cycle will see a slight downturn, leading to even more tremendous market growth in the future. What are your thoughts regarding this topic? - Object 1 “Dubai is a Gallery, and Buildings are Showpieces” object-1.com
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James Scott
Short vs long-term rental – which one is the best investment option? https://lnkd.in/dFvPhxY8 Claude McKirby | Co-Principal | Lew Geffen Sotheby’s International Realty | Investing in real estate has long been considered a reliable investment strategy, especially during challenging economic times because, unlike stocks and bonds, property is a tangible asset which offers unique advantages that can accelerate wealth accumulation over time. Real estate market fluctuations are generally not as extreme and property tends to appreciate steadily over time, making it a reliable long-term investment. Property ownership therefore tends to offer better long-term financial security and, on another level, being a physical asset with intrinsic value it invokes... #property #investment #rental #wealth Claude McKirby Lew Geffen Sotheby's International Realty
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Abbas Sajwani
Villa and townhouse rents on Palm Jumeirah increased by a staggering 63% in Q1 2024, according to data from Espace Real Estate. In fact, price rises were recorded across Dubai’s prime neighbourhoods. With so many international buyers looking to take advantage of the lifestyle and business opportunities offered by our Emirate, it’s no surprise that demand for luxury real estate is currently outstripping supply. https://lnkd.in/dVauc5ak #luxury #realestate #Dubai
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Stephen James Mitchell
🚀 Dubai's Real Estate Market Reaches New Heights 🚀 The July 2024 Property Monitor Report reveals significant developments in Dubai’s real estate market. With record-breaking transaction volumes, unprecedented off-plan sales, and continued price growth, the market shows robust momentum. Key Highlights: - 16,113 transactions in July 📈 - Over 10,000 off-plan homes sold 🏗️ - High absorption rates in new developments 🏢 - Increased interest from ultra-high-net-worth individuals 🌟 Learn more about these trends and what they mean for the future of Dubai’s property market. 🔗 https://lnkd.in/dwbdD2Hq #DubaiRealEstate #PropertyMarketAnalysis #InvestmentInsights #PropertyMonitor
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Baboucarr T.
Lessons must always be learned even if “it’s deem once in a lifetime”. Maybe 🤔 time to incorporate a “fema” like in their budget. As was reported #PrinceHamdan-al- Maktoum, Chair of Exec Council did institute the program for #dubaigovt to bore the cost for recovery/relocation for household. The aforementioned #USfema now must deal with 100-500 years flood/disasters every other year. So no shame in preparation especially if people/businesses rely on their leaders/landlords for their #safety and #wellbeing during or in most deft phenomena/#blackswan or not to come. #Climatechange & its impact is real, and is an existential threat to all residing in lower #Earth. Be prepared is the sage lesson from sub-Saharan Africa to ivory towers #beijing-#dubai-#miami-#nyc-#taipei-#zurich !!! small caps for city names means without definite preparation mitigation may sink or fall off; an #inconvenienttruth!!!
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Daria Romanenko
Top cities in Turkey for real estate investment 2024 Istanbul: Antalya: Antalya enjoys a wonderful strategic location on the Mediterranean coast, bordered by the picturesque Taurus Mountains. This location combines stunning nature and a moderate climate, making it ideal for investing in residential and tourist properties. Its unique location between mountains and sea, combined with its rich history and diverse culture, makes it an ideal destination for investors looking for profitable investment opportunities. The Turkish city of Antalya has witnessed continuous development in its infrastructure, with improved roads and an expansion of the transportation network. This contributes to making access to the city easy and convenient, which increases the attractiveness of real estate there. Thanks to its natural beauty and rich history, Antalya is one of the most prominent tourist cities in Turkey, which means a constant demand for tourist accommodation and the creation of distinct opportunities for investment in hotel properties and hotel apartments. The options offered by the real estate market in Antalya vary, from luxury residential apartments to villas with wonderful sea views. This diversity allows investors to choose the property that best suits their needs and investment goals. © Luxury Signature, Istanbul
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Daria Romanenko
Real estate market in Turkey 2024 Turkey is considered one of the main destinations for real estate investment in the Middle East and Europe. Turkey has an active and diverse real estate market, where you can find a wide range of options at different prices and property styles, from small apartments to luxury villas and residential resorts. Turkey continues to achieve remarkable economic growth, which supports the demand for real estate in the country. Economic growth contributes to enhancing confidence among investors and encouraging them to increase their investments in real estate. Also, the residential real estate market in Turkey is witnessing an increase in demand, whether from investors looking for investment opportunities or people wishing to obtain permanent housing, and the continuous increase in population and urban developments contribute to this increase in demand. It is worth noting that commercial real estate in Turkey is witnessing increasing demand, especially in large cities such as Istanbul and Ankara. Increased commercial activity and economic growth promote investments in commercial real estate projects such as offices, shops and hotels.
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Amira Sajwani
In my recent interview with The Real Estate Majlis, hosted by Bayut.com, I shared insights for first-time buyers and discussed the current off-plan environment. I also explored buyer trends, the rise of the middle segment, how developers like #DAMAC ensure the timely delivery of quality projects, the significance of innovation in the #proptech arena, and much more! We have invested in multiple cities globally, and Dubai stands out as exceptionally unique. Buying a property can be quite complex, but I believe Dubai has put in an incredible effort to make the process easy and user-friendly. There is an army of people willing to help, and I think that makes a huge difference. https://lnkd.in/dB9wU6wB #Dubai #realestate
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Jonathan Hewlett
The Middle East and Northern Africa (MENA) region is experiencing a population growth of around 2% annually. This rate is second only to sub-Saharan Africa, based on data from the Population Reference Bureau. This growth translates to nearly seven million additional people each year. Consequently, MENA's population is projected to almost double in the next 50 years. With this population increase comes a heightened demand for data in a world that is becoming more interconnected. As a result, there is a growing interest among data centre developers and investors in the region. Learn more here:
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Alastair Mercer
The Middle East and Northern Africa (MENA) region is experiencing a population growth of around 2% annually. This rate is second only to sub-Saharan Africa, based on data from the Population Reference Bureau. This growth translates to nearly seven million additional people each year. Consequently, MENA's population is projected to almost double in the next 50 years. With this population increase comes a heightened demand for data in a world that is becoming more interconnected. As a result, there is a growing interest among data centre developers and investors in the region. Learn more here:
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Sharmeen Khan
The rate of increase in residential property prices in Türkiye remains below inflation, signaling a "buyer's market." This presents an excellent opportunity to purchase property at lower prices in lira than if adjusted for inflation. Türkiye has seen a significant increase in housing prices globally post-pandemic but the growth rate over the past 11 months has been below inflation, with prices now declining in real terms for the first time since 2018-2019. Notably, the secondary housing market is experiencing a decline, making sellers more willing to offer discounts to avoid extended selling periods. On average, it takes 70 days to sell a residential property in Türkiye. Investors are benefitting from the property value increase and rental income, showcasing a tenfold increase in property value from 2020 to 2023 in prime locations, alongside a 265% rise in rental rates over the past two years. To explore real estate investment opportunities in Türkiye, visit our website at https://lnkd.in/djDGVF9u. #RealEstateTürkiye #BARNESTürkiye #HousingMarket #InflationImpact #InvestmentOpportunities #RentalIncome
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Jeff Ostrowski
Here’s one factor finally working in favor of U.S. homebuyers: You’re no longer competing with foreign buyers. Activity from international buyers has plunged, the National Association of REALTORS® reports. NAR’s new International Profile of International Transactions in Residential Real Estate shows just 54,300 purchases of existing homes by foreign nationals during the April 2023–March 2024 period. That was off from 84,600 the previous year and way below the pre-pandemic peak of 284,500 sales in the year ending March 2017. In terms of dollar volume, foreigners spent $42 billion in the latest year, off from $53 billion the previous year and the 2017 peak of $153 billion. “The strong U.S. dollar makes international travel cheaper for Americans but makes U.S. homes much more expensive for foreigners,” NAR Chief Economist Lawrence Yun said in a statement. “Therefore, it’s not surprising to see a pullback in U.S. home sales from foreign buyers.” The typical foreign buyer paid $475,000. International buyers focus on a handful of states – Florida accounted for 20% of all international transactions, followed by Texas (13%), California (11%), Arizona (5%) and Georgia (4%). In other words, more than half of international buyers landed in just five states. New York, New Jersey, North Carolina and Illinois also are common destinations for foreign buyers. International buyers are a factor in only a handful of Sun Belt and coastal markets. If you’re shopping for a home in Indiana or Iowa or Kansas, the decline in foreign transactions won’t help you much. But if you’re looking in Florida or California, it’s small respite. While the fading of foreign buyers is not a great trend for condo developers in Miami, the shift could help U.S. buyers. They’ve already been buffeted by a lack of supply, and by competition from investors snapping up both existing homes and new homes. There’s some evidence foreign buyers are being priced out: The average price ($780,300) and median price ($475,000) paid by international buyers were the highest ever recorded by NAR – up 21.9% and 19.8%, respectively, from last year. At $1.3 million, Chinese buyers had the highest average purchase price, with 25% buying in California. In total, 18% of international buyers purchased properties worth more than $1 million from April 2023 to March 2024, NAR said. Canada led all countries of origin in the share of foreign buyer purchases of U.S. existing homes at 13%, followed by China and Mexico (11% each), and India (10%). China was first in U.S. residential sales dollar volume at $7.5 billion, continuing a trend going back to 2013. Canada ($5.9 billion), India ($4.1 billion), Mexico ($2.8 billion) and Colombia ($0.7 billion) rounded out the top five.
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Daria Romanenko
Real estate purchase laws in Turkey 2024 Turkey has laws and legislation that protect the rights of foreign investors in the real estate market, as current laws enable foreign investors to buy real estate easily and without restrictions. Below are the conditions for purchasing a property in Turkey 2024: The buyer must be one of the nationalities entitled to own real estate in Turkey. This law includes all nationalities with the exception of the following nationalities: Syrian, Armenian, Cuban, Nigerian, and North Korean. The buyer must not have suspicious relations with entities and countries hostile to Turkey. The foreigner’s property in Turkey should not exceed 30 hectares unless an exception is obtained from the Presidency of the Council of Ministers in Turkey. The percentage of a foreigner’s property must not exceed 10% of the area of the municipality in which his property is located. The property must be 400 meters away from security and military areas. Important tips: Before completing the purchase, investors must verify the integrity of the property and ownership documents. This can be done by hiring a trusted real estate consultant. Buyers must pay duties and taxes associated with their purchase, which includes purchase VAT, registration and transfer fees. The investor should be aware of the additional costs related to this process. The procedures for purchasing real estate in Turkey in 2024 are expected to witness some simplification, making the process easier and smoother for foreign investors.
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