Why Did Real Estate in Turkey Ranked First in the World?

2024-03-09
133 مشاهدة

Most real estate experts in the world agreed that real estate in Turkeyranks first in the world in real estate investment، Turkish real estate has proven its ability to persevere in the face of crises that have contributed to the disruption of the global economy

In our article today, we will talk about the most important reasons that contributed to the superiority of these properties and their reaching the best level in the world.

 

Real estate in Turkey ranks first in the world:

The importance of real estate in Turkey comes from the many advantages that real estate buyers can achieve from purchasing these properties and we will mention the most important of them:

 

-Obtaining Turkish citizenship:

The government's decision to grant Turkish citizenship to those buying a property in Turkey was the most important and first reason for real estate investment activity in Turkey The Turkish government has amended its old law, which allows those who buy a property worth a million dollars in Turkey to apply for citizenship to reduce the required value to 400,000 $.

With this amendment, it has attracted large numbers of foreign investors of various nationalities to buy real estate in Turkey with a desire to enter the real estate investment market on the one hand and obtain Turkish citizenship and benefit from its advantages and importance at the global level on the other hand

What increased the importance of the decision was the facilities that accompanied it, such as allowing the foreigner to buy a group of real estate worth 400,000$, without identifying specific types of real estate for him, but leaving wide options available to the investor.

With these decisions and amendments, the Turkish government was able to increase the importance of real estate in Turkey to become one of the most sought after properties

 

Quality and luxury:

After the issuance of the decision to obtain Turkish citizenship related to buying real estate in Turkeyand the great demand by investors of different nationalities, construction companies rushed to meet the increasing demand for real estate by building properties that meet the conditions for obtaining citizenship, and for the property to be worth the value of 400 thousand dollars not it must be built with the finest types of construction and following international standards in construction, in addition to the trend towards relying on luxury designs in the most prestigious areas of Turkey, and it has also taken care of building in a modern way to provide the most advanced construction services in order to meet the ambition and goal of the foreign investor

As a result, real estate in Turkey, characterized by the quality of its construction and its luxurious and sophisticated designs, outperformed various types of real estate in various other countries.

 

Real estate residency:

Most real estate investors go to buy real estate in Turkey in order to obtain real estate residency granted to a foreigner who buys a property worth 75,000 $, because they achieve a set of combined goals, their goal is to obtain real estate residency and benefit from the great advantages that it achieves for its holder, which is associated with Their residence in Turkey in addition to their goal of owning a property in Turkey, which represents a permanent and growing capital.

 

Guaranteed and profitable real estate investment:

Most of the real estate investors in the world, in their investment beginnings, start from Turkey because real estate in Turkey guarantees the investor the strongest and most successful beginning and as it was known about the real estate investment market in Turkey, it is the market that achieves guaranteed and continuous profits as a result of several elements that Turkey enjoys and directly affect the importance of investing in it we mention some of those elements:

-The Turkish economy, which has achieved great prosperity and ranked among the most important global economies is known a country with a strong economy is the best country for the success of investments of all kinds, and real estate investment in the forefront

-Mega projects: Turkey has built many huge and important projects such as Istanbul Third Airport, which is the third largest airport in the world, and Istanbul Water Canal, which will change the map of maritime transport in the world, in addition to many large industrial projects

These projects mean more investor demand These projects mean more investor demand more job opportunities, and more and more residents in Turkey, thus increasing the demand for real estate and increasing its investment importance.

Real estate in Turkey

The superiority of education in Turkey:

Turkey has been distinguished by its great progress at the level of education in addition to containing the best and most important public, private and international schools and universities that students of different nationalities go to in order to complete their education within, and this reason was one of the reasons that greatly affected the importance of real estate and the increase in demand for it

 

-Turkey's interest in medical development:

Turkey has paid great attention to health services to keep in constant contact with medical developments and global treatment technologies, as it includes the largest and most important advanced public and private hospitals, in addition to the spread of health centers of various kinds, and has been interested in developing the medical staff in its various hospitals and centers.

It has also established many huge medical cities in many regions and this is what made Turkey one of the most advanced cities in medical treatment and led to patients from different countries in the world receiving treatment in them and therefore we find that Turkey has taken care of providing medical staff who speak various foreign languages.

This, in turn, positively affects the real estate market in Turkey and leads to a continuous investment movement.

 

tourism

It is known that the relationship between tourism and real estate investment is a direct one, and the success of one means the success of the other It is also known that Turkey is one of the most important countries in the world in tourism and the most welcoming of tourists annually.

 

 

 

Real estate prices:

Real estate prices in Turkey are low compared to real estate prices in other countries, and we notice this drop to a clear degree.

Therefore, real estate in Turkey is very popular with the nationalities of other countries and its prices have started to rise as a result of the increased demand for it. Here, the investor has two results:

In the beginning, the high prices mean that the capital that the investor pays to buy a property will double in the near future, , and the longer he waits, the greater the doubling and more profits.

On the other hand, real estate prices in Turkey are low compared to real estate in other countries which means more room for profit with prices higher than prices at the time of purchase.

Also, real estate in Turkey benefits from global inflation, because the natural result of the high prices of building materials is the rise in real estate prices, and therefore the investor who rushes to buy a property in Turkey will have a greater opportunity to benefit from price inflation to achieve double profits from real estate in Turkey.

As a result, real estate profits in Turkey are permanently doubled.

 

-Real estate in Turkey is a safe bank:

Real estate in Turkey has managed to maintain stable prices and activity in the investment market in light of the Corona pandemic and the economic deterioration of various countries, and therefore most real estate investors went to save their money from being lost within real estate in Turkey

These factors contributed to the increase in the demand for real estate in Turkey and its importance in real estate investment, and as a result, it made real estate investment the best and most successful in Turkey.

 

The most Turkish cities that will witness an increase in real estate prices:

It is certain that real estate prices will rise in all Turkish cities, and there are some cities that will be ahead of others

In the foreground is Istanbul In the foreground is Istanbul, the city that includes the largest and most important projects and the most popular city for tourists, in addition to the strong and developed infrastructure

The development of the transportation network that covers this city and varies into various types of transportation greatly affects the importance of real estate investment in Istanbul.

There are many other reasons why real estate in Turkey is becoming more and more important but these were the most important reasons that grant it a first place in the world.

 

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.

 

 

 

 

Related articles

The best real estate company in Istanbul
Buy a property in Türkiye
Real estate tax in Türkiye
Real estate offers for sale in Türkiye
When and where to invest in the Turkish real estate market?
Double your profits from real estate investment in Istanbul
Investment apartments in Istanbul
Green Turkish passport
Türkiye’s real estate opportunities are unique with Zoom Real Estate
Is it still the right time to own a property in Türkiye?
Investment options to buy an apartment in Istanbul
The finest areas of Asian Istanbul
Obtaining Turkish citizenship for $400,000
Prices of apartments in Istanbul

#Turkey_apartments #real estate_investment #Zoom_prorperty

#Turkish_citizenship #buy_real estate #Istanbul_real estate