Reasons attracted Foreigners to Real Estate Investment in Turkey

Real estate investment in Turkey is one of the common goals of many foreigners and capital owners around the world. It should be noted that their choice of Turkey was not random, but rather a natural result of the privileges that they can obtain.

Do not make the decision to invest in Turkey real estate without knowing all the benefits that will accrue to you from this step, and this is what we will present to you in this article, as the editorial team at TUR PROPERTY has prepared a detailed report for you.

We wish you a pleasant and good reading.

Why invest in real estate in Turkey?

If this is one of the questions on your mind, you can follow the following paragraphs that will answer it in detail and will explain to you the dimensions of choosing the Turkish state to invest money in.

First: The abundance of distinguished real estate offers:

One of the first advantages that may push you to buy real estate in Turkey is the various options that you will find in front of you, meaning that you will not have limited or few options, and also this abundance of offers makes the Turkish real estate market suitable for everyone without exception.

The real estate market in Turkey has witnessed during the last recent period a lot of growth and urban acceleration, which caught the attention of all those interested in the field of real estate, and this led to a high increase in the annual real estate sales ratios.

Second: Real estate prices in Turkey:

One of the main aspects that real estate buyers look for is prices (high or appropriate) . In fact, prices in Turkey are very moderate and appropriate compared to prices in European or American countries, as well as cheaper than prices in some Arab countries.

You may wonder about the reasons that made prices in Turkey moderate, despite all the modernity and development that characterizes it? There are many factors that have contributed to this, the most important of which are: the Turkish government’s approval of the necessity of extracting a real estate appraisal document that accurately determines the value of the property and prevents the buyer from being a victim of real estate fraud, and there are specialized committees that supervise the process of establishing and building projects until compliance with standards is ensured. Required quality.

What distinguishes the Turkish real estate market:

Let us tell you that the real estate market in Turkey is one of the most active real estate markets in the world, and according to a study organized in this regard, it is found that it is ranked fourth in the world, based on the many facilities that are provided on the one hand and on the other hand the advanced infrastructure that had a great impact on the real estate sector and led to an increase real estate prices, especially in the nearby areas.

For example, the Basaksehir district in the Istanbul region, which is located on the European side of the city, has recorded great growth, and this has been clearly demonstrated in the last three years, where the growth rate has reached 45%.

Advantages of real estate investment in Turkey:

Now we will talk about the set of privileges that push foreigners and investors around the world to invest in Turkey without any other country in the world.

First: The possibility of obtaining Turkish citizenship in return for the price of the property being two hundred and fifty thousand US dollars or more.

Second: Obtaining real estate residency when the property is intended for housing, and it is one of the best types of residency in Turkey.

Third: The Turkish economy is one of the main drivers, as it records continuous growth thanks to the strategic plans that are being developed.

Fourth: The political stability that was supportive of the real estate sector, in contrast to many countries in the world that are witnessing massive collapses.

Fifth: An investor in Turkey can link his business in Turkey with other countries in order to have greater profits.

Sixth: The geographical location close to the Arab world and the brown continent and its extension on two continents at the same time.

Which Turkish cities are better for real estate investment?

Surely you are wondering about the best Turkish cities in which you should look for apartments and real estate for sale, although all cities in Turkey are distinguished, Istanbul is always the top city, and if you look at the statistics, you will find that it is the best seller.

What supports the investor's decision to invest in real estate in Istanbul is that it is a center that contains many important strategic projects such as (Istanbul's new airport - the new Istanbul Water Canal - an integrated transportation node connecting parts of the city with each other - Basaksehir Medical City that supported the medical sector) and others.

What real estate is suitable for investment in Turkey:

The real estate market in Turkey is full of options and distinct types of real estate, and through the following two paragraphs we will talk about the two main types of them (residential real estate - commercial real estate).

1- Investment in hotel real estate:

One of the successful real estate investment ideas is to buy hotel apartments and then rent them to get a semi-fixed high monthly return, especially in the tourist seasons. You should know that it can be rented easily due to the large influx of tourists to Turkey (tourists - students - workers - merchants) and other groups.

2 - Investing in villas in Turkey:

Villas are among the distinguished real estate investment options, through which you can implement many wonderful ideas, whether by renting them, reselling them, or benefiting from them to be a commercial institution such as: a commercial center, a health institution, or an educational institution.

3 - Commercial real estate investment:

It is no secret to anyone the importance of investing in commercial real estate as it provides you with a high profit return thanks to the large population density, ease of finding tenants, and its constantly increasing value.

Important information about real estate investment in Turkey we have provided to you through this article. We hope that you will obtain the benefit and knowledge, and do not forget to visit our website continuously to see the latest news of the real estate sector in Turkey.

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