Real estate investment in Turkey is a type of investment that has made Turkey an attractive destination for Arab and foreign investors, as Turkey has gained a great position among the countries of the world as a result of its continuous economic growth, as real estate investment in Turkey was one of the areas that witnessed significant growth over the past years, and Turkey’s economy is considered among the strongest economies in the world.
In this article, we will learn about everything related to this type of investment, what are its advantages, and what are the reasons that made the real estate sector in Turkey grow so much, so follow with us, hopefully your next investment will be in one of the Turkish properties.
Why is real estate investment in Turkey the best?
Real estate investment in Turkey is one of the best, safest and most profitable types of investments as well, as Turkey is keen to keep pace with technological development in the urban, agricultural, and military sectors and this development helped attract thousands of real estate investors to its lands, as these numbers indicate remarkable growth for Turkey during eight consecutive years.
Turkey has a great ambition as it aspires to go out into the world with huge projects such as the Istanbul Water Canal Project, the Third Istanbul Airport, and the New City of Istanbul, in addition to many major projects supervised by the Turkish government with the aim of continuing the path of growth in all fields.
There are many reasons that prompted Arab and foreign investors to invest in Turkish real estate, including the availability of various real estate options at competitive prices compared to European and Arab countries, and the achievement of noticeable positive results in the real estate market during the last decade.
What are the reasons for the growth of the real estate sector in Türkiye?
The great trend towards real estate investment in Turkey is due to the great growth achieved by the real estate sector in Turkey, as the most prominent reasons for this growth are:
The continuous rise in real estate values in Turkey.
Turkey is considered a favorite tourist destination for many, so the value of real estate there is always high.
Turkey's unique location between Europe and Asia prompts many to invest in it.
Strong infrastructure.
Stabilization of inflation in Turkey as well as the continued growth of the Turkish economy.
What are the advantages of real estate investment in Turkey?
Investing in real estate achieves an excellent return compared to investing in other sectors.
Real estate security provided by the Turkish government to investors in real estate in Turkey.
Competitive Turkish real estate prices.
The possibility of obtaining Turkish citizenship in the case of real estate investment in Turkey.
The possibility of obtaining real estate residency when investing in a property in Turkey.
Construction and reconstruction costs in Turkey are low compared to other countries.
The diversity of real estate in Turkey in terms of shape and design.
Tax facilities for investors in the real estate sector.
Tips when investing in real estate in Turkey
If you decide to invest in real estate in Turkey, there are a set of tips that you must follow in order for your investment to be successful, and these tips are:
Dealing with a suitable real estate broker who has credibility and a good reputation.
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