Today, Turkey has become one of the first countries in the real estate sector around the world. The real estate market in Turkey is one of the best markets in the world, the most active and the most opportunity for success. It is the focus of the attention of many foreign investors who are increasing day by day and heading to the real estate markets in Turkey in order to invest and make profits. Real estate investment in Turkey has proven successful. And the biggest opportunity has become for the guaranteed profit, due to the many successful experiences of Arab and foreign investors who go to Turkey to invest and buy real estate.
Recently, real estate investment in Turkey has received more demand from foreign investors, Arabs and other nationalities from different countries of the world. The successes and previous experiences of investors have proven the success of the real estate investment process in Turkey. The real estate market in Turkey is very active and especially attractive. Turkey’s strategic location between East and West and its view of the most important seas in the world, in addition to its moderate attractive climate, made it a destination for foreigners and investors to buy real estate in Turkey, as the field of real estate investment in Turkey is an open field for everyone in accordance with the facilities made by the Turkish government for the success of investment and encouragement and support for the Turkish economy.
The success of real estate investment in Turkey and what the previous experiences of investors have proven is only the result of a group of factors that affected real estate investment in Turkey and led to its success and thus led to attracting more investors to the real estate market in Turkey.
Perhaps the most prominent success factors for real estate investment in Turkey are real estate prices in Turkey, which are low compared to European countries. It is possible to buy cheap apartments in Turkey at an appropriate price and good specifications that meet most of the desires requested by the investor.
One of the factors of success is the movement of the real estate market in Turkey, as it is characterized by instability for long periods, but there are continuous movements and fluctuations. The real estate market index in Turkey is dominated by the nature of the rise due to the increase in demand for real estate and the purchase of apartments in Turkey.
Which means an increase in the number of investors wishing to buy real estate in Turkey, especially the presence of several factors that encourage investment and prove that the opportunity for real estate investment in Turkey is one of the most important opportunities for success and profit
Among the factors that led to the encouragement of real estate investment in Turkey:
The Turkish state worked to implement a set of facilities that would encourage investment and the purchase of real estate in Turkey. It worked on amending many laws and lifting some restrictions to facilitate the purchase of real estate in Turkey. It abolished the law of reciprocity, which gave greater comfort to investors to buy real estate, as the law included 138 countries around the world, where the previous laws are still in force today, they also made many tax cuts on real estate.
The government also approved granting real estate residency with all its privileges to a foreign investor who buys a property with the possibility of renewing it, but it is stipulated that the value of the property purchased by the investor is $75,000 or less.
The possibility of obtaining Turkish citizenship for an investor who buys a property whose value exceeds 400,000 US dollars
The possibility of obtaining a Turkish passport for an investor with Turkish citizenship
All the previous facilities that were approved by the Turkish government had a major role in the success of real estate investment in Turkey and the increase in the number of investors
The Turkish government has good relations with most international countries, and this matter would support political stability in the country and thus strengthen security and safety, which means increasing the chance of success for real estate investment in Turkey,
While on the economic level, the Turkish economy has proven its strength and worth in the face of all challenges and crises. Today, the Turkish economy has become one of the economic countries in the world and its ability to face global market movements and what the global stock exchange is witnessing for trading and exchange rates.
Turkey is characterized by a strategic location linking the continents of Asia and Europe, as it overlooks the most important seas in the world, which means that it is a country that has a special touristic feature for most tourists around the world, in addition to the charming climate that Turkey enjoys, which would increase the number of tourists wishing to visit Turkey or investors wishing to buy Real estate in Turkey and residence in it, and therefore the location that Turkey enjoys is one of the reasons for the success of real estate investment in it, the investor can rent his property, given the increasing tourism movement in Turkey, which means an increase in demand for real estate for rent.
Turkish cities and states witnessed a development and modernization movement that covered all fields, The urban development and modern designs witnessed by most Turkish cities, especially the urban designs in Istanbul real estate, made it very similar to the developed European countries, the real estate scattered in most Turkish regions also has a high-class infrastructure and service, where government public hospitals, schools and universities are spread, in addition to many government public facilities and electricity and water networks that are spread in most Turkish cities, not to mention the existence of transportation networks linking all Turkish cities.
What distinguishes the real estate market in Turkey is that it meets most of the requirements of investors, including apartments, houses, luxury villas, and others, according to the investor's budget, what is required is obtained, and therefore there are wide options that meet and suit all investors wishing to buy a property in Turkey.
The investor must study all the risks and obstacles that he may be exposed to and prepare for them
The investor must monitor the adequate budget that is commensurate with the price of real estate in Turkey, and this is done by reviewing the prices of real estate in Turkey in advance
Choosing a suitable location for the property you want to buy, the location is an important factor in determining the price
Choosing a property with distinctive views and close to the tourist areas, and thus it is possible to return a high profit to the investor.
In order to get a profitable real estate investment, you should contact our advisory team to provide you with the assistance you need.