The real estate market in Turkey from success to success
After the remarkable renaissance witnessed by the real estate market in Turkey, delegations of investors from all over the world went to enter the real estate market in Turkey and buy real estate
Real estate investment in Turkey has proven successful. Previous investors’ experiences gave a general impression to new investors and businessmen about the success of real estate investment in Turkey and its many advantages that can return to the investor, starting from reliable financial profit to obtaining real estate residence and Turkish citizenship.
Real estate market in Turkey 2022:
The real estate market in Turkey today is dominated by the nature of activity and movement in the daily dealings of buying and selling, as it is characterized by continuous movement. It covers all the different requirements of customers and investors wishing to buy real estate. Real estate investment in Turkey today has become one of the most successful investment projects for Arab and foreign investors from all over the world, whose number has increased in the past years.
What Turkey is witnessing today in terms of political and economic stability, and the facilities provided by the Turkish government to investors, all of this will increase the investment movement of real estate in Turkey, and thus will affect the movement of the real estate market in Turkey as demand increases, and consequently the price index will move and tend to rise, thus, real estate investment projects in Turkey will succeed, and every investor will achieve profits and success.
Real estate investment in Turkey 2022:
Real estate investment in Turkey is one of the most successful investment projects and the most likely to make profits. It is a fixed capital for the investor who can increase and reap profit over time. The previous experiences of most businessmen in real estate investment in Turkey have proven success, because buying and selling real estate is one of the necessary needs of citizens. Namely, to obtain housing for living and stability. It includes the purchase of real estate in Turkey of all kinds, whether it is buying houses in Turkey - buying apartments - buying shops - buying villas - investing in residential buildings and other desires of investors who are increasing day by day for real estate investment in Turkey. Turkey's strategic location is between East and West and its view of the most important seas in the world, In addition to its moderate attractive climate, it 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 successful investment and encouragement and strengthening the Turkish economy. Perhaps the most prominent success factors for real estate investment in Turkey are the movement of the real estate market in Turkey. 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 Turkey's demand for real estate, the purchase of apartments, and the buying and selling movements in general.
Reasons for the success of the real estate market in Turkey:
One of the most important reasons for the success of the real estate market in Turkey is the increase in the number of investors day after day. The successful experiences of investors who go to the real estate market in Turkey for investment prompted many investors to buy real estate in Turkey
Turkey's political and economic position, as the Turkish government enjoys good relations with most of the world's 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, which means market stability and success,
Also, 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 the movements of global markets and what the global stock exchange is witnessing for trading and exchange rates, and consequently the real estate market in Turkey linked to the Turkish economy will achieve stability and will increase in strength.
Also, one of the reasons for the success of the real estate market in Turkey is the policy of the Turkish government and the facilities it provides to encourage investment and purchase of real estate in Turkey.
The advantages that a foreign investor who wants to buy real estate in Turkey obtains from the possibility of obtaining a real estate residence permit, Turkish citizenship, or a Turkish passport.
The urban development that Turkey is witnessing today in terms of urban designs, infrastructure and services has an impact on the real estate market in Turkey.
The price of real estate in Turkey compared to European countries, where the price of buying a property in Turkey is cheaper than the price of buying a property in a European country, even though the two properties have the same features in terms of space, structure, and quality of building materials.
Perhaps what distinguishes the real estate market in Turkey is that it is able to meet most of the requirements of investors, including apartments, houses, luxury villas, and other desires, which is a reason for the success of the real estate market in Turkey. The investor can allocate a specific budget to obtain what is required, and therefore there are wide options that meet and suit all investors wishing to purchase a property from the real estate market in Turkey.
Real estate market prices in Turkey 2022:
What distinguishes the prices of the real estate market in Turkey are the changing price fluctuations in the markets, which have recorded an increase in the recent period and thus will become fluctuations in the movement of buying and selling, which means increased demand and lack of supply. It is known that Turkey is one of the very famous tourist countries and it is a destination for tourists from all countries of the world, therefore, it is an important station for investment. This is one of the points of increased demand in a certain period, which leads to a rise in the movement of markets. Also, the population increase in Turkey can lead to an increase in demand. According to statistics for the year 2022, the local population in Turkey has reached 85 million people, which means that there is an increasing demand for apartments and other requirements of citizens.
Also, one of the reasons for the rise in the real estate market index in Turkey is a change in the exchange rate of the Turkish lira against foreign currencies, especially the US dollar, in addition to the rise in the consumer price index (inflation case).
Therefore, it is not possible to accurately and correctly predict the movement of the real estate market in Turkey, but it tends mostly to rise, and therefore it can be considered one of the ideal markets for real estate investment in the world.
