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Turkey's Favorite Cities for Arabs to Buy Real Estate and Invest

Last Updated: 2023-07-27
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     Turkey's Favorite Cities for Arabs to Buy Real Estate and Invest

Did you know that Arabs are among the most nationalities who prefer to live and buy real estate in Turkey? Their reasons for choosing to buy real estate in this country are various, since there are those who want to stay and settle, another prefers to study and work, or another is looking for a safe place for real estate investment, based on the many facilities and incentives provided by the Turkish Government to foreigners coinciding with the collapse in Arab countries such as economic meltdown, political deterioration and difficulty in securing livelihoods.

 

In this article, we will present to you the cities where Arabs prefer to buy real estate and invest in, as well as the reasons that encouraged them to do so.

 

  • The Cities Which Arabs Prefer to Buy Real Estate in Turkey

Although Arabs are distributed in almost all Turkey's provinces, they are mainly concentrated in the following cities.

 

  1. Ankara

Capitals are always of great interest and Ankara is the best place for Arab citizens to stay and settle, where real estate prices are fairly low unlike most capitals around the world. You should know that the further you are from the city centre, the lower the prices get. Furthermore, not only the low property prices, but the cost of living is appropriate and stable.

 

This city has all the basic necessities of life such as advanced modes of transportation, which has contributed to solve traffic jams and provide an easier life for citizens. In addition to the large number of health, education and recreational centers, which made it the best city for families residence. 

 

  1. Konya

One of Turkey's most important cities where Arabs have chosen to look for properties for sale is Konya, which has an Islamic character, low cost of living and is suitable for everyone, as well as there are a lot of jobs in this city.

 

Konya has all kinds of transportation such as trams, railways and buses. As well as it has an airport and many Turkish public and private schools.

 

  1. Istanbul

The importance of Istanbul, which has made it a destination for anyone looking for real estate and apartments for sale in Turkey, is well known. As it is suitable for accommodation, investment, study, work, and tourism. The number of Arab communities has increased recently, as it is witnessing cultural diversity that has contributed to the easy integration of Arabs with the people who live there.

 

The importance of real estate investment in Istanbul based on its advanced infrastructure and competitive with the most important countries of the world, as it has the most important infrastructure projects in the world, most notably:

  • Istanbul Airport. 

  • Istanbul Başakşehir City Hospital.

  • Istanbul Canal.

  • Atatürk Airport. 

  • Public and private universities.

  • Highways. 

  • Bridges and tunnels.

 

  1. Bursa

Bursa is one of Turkey's most important cities in terms of real estate investment, since it has a lot of new large real estate projects. Also, the Turkish government is developing its infrastructure, building bridges and expanding roads.

 

Bursa is also one of the most important places for tourism, with major historical, natural and recreational landmarks such as restaurants, Uludağ Mountain, parks, gardens and museums. Moreover, the city has the longest cable car in the world.

In Bursa, there are many job opportunities since it has industrial zones and factories in various fields.

 

  • The Reasons Why Arabs Choose to Buy Properties in Turkey

Certainly, there are a lot of motives and reasons why Arabs look for properties for sale in Turkey:

  • The geographical location of Turkey plays an important role in attracting Arabs because it is very close to the Arab world.

  • Relatively low property prices, in addition to their quality and modernity of designs, while similar properties cannot be purchased in Europe.

  • The prevailing Islamic religion in Turkey makes the Arab able to integrate with Turkish society, especially since there are many common customs and traditions.

  • Turkey's advanced and stable economy, especially as Turkey drafts strategic plans to maintain the economic steady growth.

  • The many facilities provided by the Turkish government when purchasing real estate, as well as the low taxes and real estate residence permit.

  • Living in Turkey gives you the opportunity to attend the most important public or private schools and universities.

  • Real estate in Turkey is like a safe wallet that saves and raises money.

  • Turkey is a suitable environment for real estate investment especially with the expectations indicating that its prices will rise in the near future.

  • Turkish citizenship is also one of the main motivations that encourages Arabs to buy real estate in Turkey, so their search focused on projects that comply with obtaining Turkish citizenship requirements (the price of the property must be US$250,000 or more + keep it for three years).

 

  • Iraqis in Turkey 

Iraqis are the most property-owning in Turkey and have been ranked first in the Arab world and second in the world by a slight margin over the Iranians. Here are the reasons why:

  • Common religion and history.

  • The thriving economy compared to the collapsed economy of their country.

  • The security situation and political stability, while Iraq suffers from their collapse.

  • Low property prices and appropriate costs.

  • Their ease of integration with the Turks and there is no problem with it.

  • Easy life and advanced services such as education and medicine.

  • The ability to get a real estate residence permit and Turkish citizenship.

  • Investors can link their business between East and West.

 

     Through this article, we have provided you with ample information about the ownership of Arabs in Turkey, and referred to their favorite cities as well as the most important reasons that supported their decision. If you have any other questions, you can contact us directly to provide you with accurate and comprehensive answers.

Now, you have the opportunity to buy real estate in Turkey, and the Mersat Real Estate Team is waiting for you to offer you the best investment opportunities, so feel free to make a decision.

 

Edited by Mersat Real Estate Team ©

Last Updated::2023-07-27

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