One of the types of real estate "Turkey" is commercial real estate So what are its features?
Last Updated: 2023-09-08Advantages of commercial real estate in Turkey
Thanks to the combination of many natural, human and evolutionary factors at all levels, real estate in Turkey has become today a destination for major investors from around the world, with many types of real estate in it, and its options abounded and it was in various forms, a successful choice, which achieved great wealth for many investors.
What is Commercial Real Estate in Turkey?
Commercial real estate is real estate used for the purpose of carrying out business in its various forms and specialties or for the purpose of real estate investments, renting it to merchants or company owners, reselling it, or using it as an office, headquarters, store for sale, or warehouse. There are a lot of commercial properties in Turkey, in various states.
What are the types of commercial real estate in Turkey?
Turkey is an exciting destination for investment in commercial real estate thanks to its dynamic economy and strategic location between Europe and Asia, and these diverse types of properties offer multiple opportunities for investors in various commercial sectors. Therefore, it offers a variety of types of commercial real estate to investors and businessmen. Here are some common types of commercial real estate in Turkey :
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Shops (shops): Shops include all types of shops and shops that can be used to sell products or provide services.
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Offices: There are many commercial buildings and towers that provide offices for companies and SMEs.
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Warehouses and warehouses: These properties are used to store and distribute products, materials and equipment.
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The industrial buildings: used for the production of industrial products and manufacturing processes.
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Hotels and resorts: These properties include hotels, resorts, and places that provide hospitality and accommodation services to visitors.
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Restaurants and cafes: These properties include restaurants, cafes, and places that serve meals and drinks.
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Malls and Malls: Shopping malls and malls include a variety of shops, restaurants, and recreational facilities.
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Commercial lands: Commercial land can be purchased to build various commercial projects.
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Industrial real estate: Used for other manufacturing or industrial purposes.
What are the conditions that must be met in the commercial shop in Turkey?
- Easy access to the shop, through the main road, and public transportation.
- To enjoy a strategic location, in the centers of life and various gatherings, preferably in city centers, states and places of residential overcrowding.
- The location depends on the type of trade, or office, and the target group.
- There must be designated parking spaces or transportation stops in front of the commercial property.
- It is preferable to have an ATM, near the shop.
- Ensure the presence of protection and cleaning services in Turkey's commercial properties.
Turkey Real Estate for Business Purposes
Many investors want to buy various properties, then modify them, or market them directly, and this type of real estate in its various forms, from buildings, shops, houses, apartments, and offices is called real estate dedicated to commercial purposes, and they constitute very profitable investment projects.
Elements of Turkey's General Commercial Real Estate
Turkey's commercial real estate has many specifications, which make it attractive for various real estate and commercial investments, there are the following features
- Location & Views:
The Turkish lands enjoy an important strategic location between the countries of the Middle East, and extend over the continents of Asia and Europe, which gives environmental and climatic diversity to Turkey as well, there is the distinguished sea view where Turkey overlooks the Black Sea (Aegean Sea), the Sea of Marmara, and the Bosphorus Strait in Istanbul, which separates the Asian and European part and many lakes scattered in the states
- Competitive real estate prices and high quality:
The prices of various Turkish real estate, including commercial ones, are generally acceptable prices, and even competitive compared to European real estate, and the appropriate price is one of the essential factors in attracting investors. With high quality, conforming to the highest international specifications, in terms of building materials, and used technologies
- Government support for the real estate sector in Turkey:
Real estate in Turkey receives a lot of government support, which is reflected in a number of decisions and facilities, such as reducing taxes and the most important thing to mention, is the granting of Turkish citizenship in exchange for real estate investment.
- Distinguished investment activity:
There is a strongly noticeable and permanent investment activity, due to several factors, which ensure investment profits, namely active tourism during most of the year, and a solid economy, which ensures the preservation of the value of Turkey's commercial real estate and other real estate. The importance of Turkey's commercial real estate stems from the above factors and is an attractive factor for many major investors, and a fertile ground for profitable commercial investment projects.
In conclusion, we find that commercial real estate in Turkey has a wide range of attractive features. Turkey offers multiple investment opportunities in various commercial sectors, whether it is in the field of residential commercial real estate, offices, shops, or hotels and resorts. In addition, Turkey is characterized by its strategic geographical location that connects the European and Asian continents, making it an ideal investment destination.
Editorial Mersat Real Estate Team©
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