Real estate investment in Istanbul is one of the best and most profitable types of investments, and it is the preferred type of investment for foreigners and capital owners coming from outside Turkey or even inside it.
The strong Turkish economy and the country's advanced infrastructure, as well as the fact that the country is a tourist country par excellence, mean that the country is suitable for investing, pumping money into it, and collecting a high profit return.
In this article, we will learn together about everything related to real estate investment in Istanbul, so follow along with us.
Why real estate investment in Istanbul is the best
Over the years, there are rules for investment, as long as the investor adheres to them, this means that his investment is successful and will return to him a profitable return suitable for the invested capital, and when it comes to real estate investment in Istanbul, this means that the value of the property increases day after day without any intervention from you, and therefore the safety rate in it is high.
The reason for the high value of the property is that Istanbul itself is a city that attracts millions of people annually from different parts of the world, including tourists, businessmen, or students and that is, there is always a high demand for real estate, so if you decide to sell or rent the property, there is always room for profit.
The Turkish government’s facilities that it granted to investors from all over the world also helped increase the demand for investment in real estate, as it allowed citizens of 183 countries to own property in its lands, in addition to giving many advantages if you decided to invest in real estate in Turkey, as you will obtain Turkish citizenship or real estate residency, of course after applying specific conditions.
Turkish government facilities to encourage real estate investment in Istanbul
The Turkish government’s facilities have made real estate investment in Istanbul enjoy a competitive advantage that distinguishes it from other types of investments and the most prominent of these features are:
Exempting foreign investors from value-added tax.
Making owning a property in Turkey available to everyone by facilitating access to loans from Turkish banks.
Issuing a real estate evaluation document that protects the investor from any cases of deception or fraud.
Real estate investment qualifies the investor to obtain Turkish citizenship or real estate residency.
The possibility of owning a property in Turkey via the Internet and completing sales operations without the need to be present in person. Of course, this requires the presence of a legal agency.
Advantages of real estate investment in Istanbul
There are some advantages that you can get when investing in real estate in Istanbul, as well as other Turkish cities, and these advantages are:
The tourist character that predominates in the city gives great value to real estate there.
Strong Turkish economy.
Prices are competitive and encourage starting investment
Strong infrastructure of Istanbul.
