Real estate investment in Turkey is one of the most successful projects in Turkey
Last Updated: 2023-07-27Real estate investment in Turkey is one of the most successful projects in Turkey
Investors around the world have many questions that arise about the subject of investment in Turkey and its types, what matters to them is to obtain high and abundant profits and that the investment field in which they work is full of success, excellence and security.
There is no doubt that real estate investment in Turkey is one of the best and most important types of investment that any investor in the world can undertake, the results with it cannot be unsatisfactory.
The editorial team at Mersat Real Estate Company in this article will provide you with a detailed and comprehensive report on the most important reasons that make the real estate investment project in Turkey successful and distinct.
We wish you an enjoyable and informative reading.
The importance of real estate investment in Turkey
Through the following paragraph, you can see and learn about the most important reasons and motives that make the investor choose to invest in real estate in Turkey specifically and not in other countries around the world.
1 – Great opportunity to win:
According to the assets that this state has and the privileges that characterize it, your chance of obtaining abundant profits is very high and large, especially since the Turkish government provides many facilities constantly, the most important of which are:
- Tax reductions that made the field large and available to the investor to get a plentiful profit.
- Exemption from VAT for those who will buy a property for the first time.
- Providing a lot of facilities when owning real estate.
- Procedures can be completed easily and in a short time.
One of the reasons why buying real estate in Turkey is a great opportunity for real estate investment is that it is a tourist environment with a unique character, where tourists come from everywhere and from different countries of the world in order to learn about the landmarks of history and the charming nature.
If you really want to build a profitable and successful real estate investment, you can take advantage of the tourist seasons, on the one hand, the demand for real estate increases, and on the other hand, you can easily rent your property or resell it without having to wait for a long time.
2 - High real estate prices:
What encourages any investor around the world to choose the real estate market in Turkey in particular are the expectations that confirm that during the coming period, these properties will witness a significant increase in their prices and may reach an increase of 60 percent, and this guarantees the investor:
- Capital increase and development.
- Get abundant profit and constantly.
- Revenues are almost constant in tourist periods.
In your opinion, what are the reasons that will lead to a rise in real estate prices in Turkey at such a high rate?
In fact, we have many important reasons that will lead to this, and through the following points you can explain them in detail.
- The high population density witnessed by the Turkish state, where its population exceeded 84 million people, and therefore these huge numbers will certainly increase the demand for real estate ownership.
- High prices of building raw materials.
- The luxury of real estate and the high quality that characterizes it.
- Continuation of the Turkish citizenship program through real estate investment.
In the context of talking about the importance of real estate investment in Turkey, we must point out a very important thing, which is that the real estate market in Turkey is one of the most distinguished, growing and diverse real estate markets in the world, which indicates the many options that you will find in front of you, and therefore it is certain that what suits you will be among them.
Investment incentives in Turkey
Now, we must briefly talk about the most important reasons that motivate and encourage foreign and local investors to invest in the real estate sector in Turkey and not in other fields, despite its great and distinctive distinctiveness.
1 – Applying for real estate residency:
One of the most important privileges that encourage a foreigner to invest in real estate in Turkey is the opportunity to obtain real estate residency , which is considered one of the most important types of residencies in Turkey and is obtained by having the price of the property at least 75 thousand US dollars and also it must be intended for housing.
2 - Applying Turkish citizenship:
One of the most popular ways to obtain Turkish citizenship is to buy a property worth at least 400,000 US dollars and to pledge not to sell it before at least three years have passed.
Certainly, the desire of foreigners to obtain such citizenship is a natural result of the size of the privileges that can be obtained through it and the many facilities as well.
3 – Moderate prices:
Did you know that real estate prices in Turkey are considered low compared to prices found in European or American countries? According to the American newspaper The Times, real estate prices in Turkey are 50 to 50% cheaper than those you will find in Eastern Europe, and they are 80 to 90 percent cheaper than properties in Western Europe.
Some may think that due to the decline in real estate prices in Turkey, their quality will also be low or not in line with modernity and global modernity, is this true? Certainly not, as international standards are adhered to, and what you do not know is that they are no less luxurious and distinct than real estate that is found in Europe or other developed countries at all.
If you intend to start your real estate investment project in Turkey, you can now take a step towards the Turkish real estate sector to get the most important and best opportunities available in the most important residential complexes and the largest projects, more distinguished and modern, at prices that suit your budget.
Do not hesitate before you contact our real estate consultants to offer you the most important real estate options suitable for real estate investment in Turkey, as they will be with you from the beginning to the last step and until you get the profits you hope to reach.
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