One of the most frequently asked questions of investors (How much is the return on real estate investment in Turkey?) and the answer to this question requires attention to the many ingredients that Turkey possesses, which had a prominent role in encouraging investors to start their projects of any kind, as it is an ideal and fertile environment suitable for investment and earning money and multiply wealth.
The average rate of return on real estate investment in Turkey:
It is necessary for us to remind you that not all real estate in Turkey is on the same scale and the impossibility of treating a property located in a remote area treating others in a vital point. So, you must be well aware that the quality of your choice of real estate may give you a golden opportunity to make more profits than you expect, quoting from the experiences of many smart investors in choosing what suits them and is compatible with the elements of a successful real estate investment.
Accordingly, the returns on real estate investment in Turkey differ radically according to several elements and characteristics related to the property, such as its location, importance, proximity or distance from the city center, its views and area, and also the type of property has an important role in that such as a villa, apartment, office or even a commercial store, in addition, there is no doubt that modern real estate is more popular than its old counterparts, and additional real estate services are a feature of residential complexes and villas such as swimming pools, private gardens, sports clubs and various playgrounds, not to mention the role of apartment finishes and technologies added to them such as smart apartments technology.
How do I achieve high returns from real estate investment?
Some investors are afraid to go into the process of buying a property in Turkey for fear that their attempt will fail, and we confirm that this will not happen if one of the following investment methods is followed:
First: Owning a property under construction:
This is an effective way to obtain a high percentage of real estate investment returns in Turkey due to the prices of under-construction apartments in the country that is famous for its low when we compare it with the ready-made apartments, and in this context we must point out that several under-construction properties are being worked on in Turkey, specifically the ones that are close to infrastructure projects such as the Istanbul Water Canal and Istanbul Airport because they have captured the interest of real estate construction companies, the apartments near it are expected to get high returns as the days go by.
Second: Making interesting advertisements:
When your real estate promotion and advertisements are distinctive and carefully selected, you can get many real estate investment returns in Turkey. It is certain that these advertisements have a prominent role in attracting the attention of big number of buyers compared to that apartment that has a less than ordinary advertisement.
Third - What do you think of buying a commercial property?
Turkey has many and varied ways for foreigners to start their commercial real estate projects in it, for example, but not limited to opening restaurants and stores, and many entrepreneurs resort to buying their own company, as it is not expensive in terms of procedures and laws, as well as in terms of financial value because the resulting returns will be double. In addition, the Arab trade opportunities within Turkey are very pioneering due to the large Arab community present within the country.
Fourth: Buying an old property and restoring it:
Old houses or those that need to be renovated are characterized by their low price compared to modern real estate in the same area in which you want to invest. It will certainly become a competitor to modern real estate, which will allow you to make profits when renting or selling it, and to achieve a high percentage of real estate investment returns in Turkey, this is not only limited to old homes, even ordinary homes when improved, increase profits from them.
Reasons behind the success of real estate investment in Turkey:
The real estate sector is of great importance in Turkey, specifically in the vital cities whose prices have recorded rapid increases in recent times. Perhaps this boom and the great success achieved by the real estate market have hidden reasons behind them; we will inform you about them through this paragraph:
First - the laws of the Turkish state:
Turkish laws have provided many facilities for investors, specifically foreigners who want to own real estate in Turkey, and among these facilities are the launch of the electronic services of the Turkish title deed through its website, and the possibility of buying an apartment in it online with complete safety while you are residing in your country without the need to come to Turkey.
They also have some incentives that constantly attract them, such as granting them real estate residency and Turkish citizenship, which is a dream and a source of inspiration to enter the real estate investment world.
Second - the increasing demand for real estate in Turkey:
The demand for real estate in Turkey is increasing at a constant pace by those looking for various options of apartments for sale, such as cheap and luxurious apartments equipped with the latest and finest services and those that have a charming sea view, and there is no doubt that this increasing demand is accompanied by great urban activity and high quality in construction work, final finishes, finishing touches and many services for real estate projects in Turkey, for this reason those who want to buy an apartment in Turkey are always looking for the best real estate companies to provide the real estate consultancy that they desperately need according to their specific desires and budgets.
Third - Obtaining a tax exemption:
The foreign investor benefits from low taxes in Turkey, as the decision to reduce or cancel taxes on real estate ownership in Turkey is sometimes considered among a series of positive decisions that serve the interest of foreigners in the real estate sector and purchasing it, unlike what you find in other countries in the world, which burdened the investor with imaginary taxes that hinder ease and flexibility of the real estate investment process.
Fourth - Modern Infrastructure:
The Turkish state has shown its interest in competing with foreign countries in the construction of many infrastructure projects, including Istanbul Airport, which is one of the largest airports in the European continent, as well as the medical city of Basaksehir, which ranked third in Europe, and this matter directly contributed to the increase in demand for real estate in the areas close to these projects, as many construction companies are competing to build the best real estate in them, and once they are completed, they have not been sold directly by local and foreign investors, who are sure that their investments will reap a big percentage of the returns on real estate investment in Turkey.
Why invest in real estate in Turkey through Zoom Real Estate?
-We have a close relationship with the most important and luxurious residential complex construction companies in Turkey.
-A wide range of apartments for sale in Istanbul and various types of properties in Antalya that suits all budgets.
-Many years of experience in the Turkish real estate market
-Protecting you from real estate fraud.
-A wide variety of residential real estate, shops, villas with sea views, suitable for investment.
-We help you get the best real estate prices in Turkey.
At the conclusion of this article, we hope that we have provided you with information that will help you about the returns of real estate investment in Turkey. With the presence of encouraging elements and a supportive environment, real estate ownership is a successful investment in a prosperous and developed country in all aspects of life.
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