Real Estate Investment Opportunities in Turkey 2023
Last Updated: 2023-08-29
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Real Estate Investment Opportunities in Turkey
Did you know that Turkey is one of the most important countries in the world in the real estate investment sector? Thanks to its many advantages, through which it was able to outperform the most important countries in the world such as Europe, America and many Arab countries.
If you would like to invest your money in Turkey, see the most important investment opportunities that you will find in this article, as we explain in detail.
Learn about Real Estate Investment Opportunities in Turkey:
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Commercial Real Estate Investing:
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Do you know that commercial real estate is one of the most important types of investments in Turkey, its importance came from the developed Turkish economy, which has competed with the strongest economies in the world.
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You should know that it is easy to establish a business in Turkey thanks to the many facilities provided by the Turkish government.
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You can guarantee how great and successful your investment in Turkey will be, due to the high population density which the country will record and the returns that you will get, especially in the tourist seasons.
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Commercial real estate is divided into several types, most notably: offices - restaurants - cafes - hotels - shops.
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Agricultural Investment:
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The success of your agricultural investment in Turkey is due to several reasons, including the abundance of water - the distinctive climate - the appropriate soil for growing any type of crops.
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Agricultural products can be exported outside Turkey which is of great benefit to the investor.
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According to expectations, Turkey will be ranked fifth in the world in the coming period among the most agricultural products exporting countries.
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Industrial Real Estate Investment:
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If you decide to invest your money in the field of industrial investment, you have the chance to get large and copious profits.
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Turkey includes more than three hundred fully serviced industrial zones of water, electricity, infrastructure and others.
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Purchasing a property in an industrial area will exempt you from paying property taxes for five years.
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All basic services are provided at reasonable and appropriate prices.
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Residential Real Estate Investing:
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Residential properties are the most in demand, as people's need for places to live can never end, where residential properties in Turkey vary greatly, most notably residential complexes that provide you with a luxurious lifestyle.
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Turkey witnesses a high population density and hosts a lot of foreigners from different countries every year.
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There are a lot of sales offers, as construction companies are competing to reach standard specifications and high quality.
Important Tips for Making a Successful Real Estate Investment:
Before you start your real estate investment, you should see the most important and prominent tips provided in this field:
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Investments could bear fruit if you choose promising or new areas with rapid urban growth.
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Search in areas close to strategic projects such as airports, canals, highways, or other, as these advantages raise the value of the real estate investment.
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Make sure that the area of the property is small or medium and stay away from the large ones, due to the low demand for it and the difficulty in selling it.
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It is essential to engage with a reliable real estate company in Turkey, that will help you make the right choice and provide you with the most important real estate investment opportunities, due to its good relations with construction companies.
Real Estate Investment Importance in Turkey:
The importance of this investment in Turkey is that the buyer does not have to follow the process step by step, as in other investments, where the investor is forced to pursue his work with all its details.
Generally, the costs of real estate prices in Turkey are appropriate and fair compared to the costs that you may pay when you are in one of the European continent countries.
There is great ease in selling and buying the property, transferring ownership and completing the procedures, as it does not take long.
What Are the Main Motives for Purchasing Real Estate in Turkey?
In the following paragraph, you get to know the most important reasons for the foreigner to purchase real estate in Turkey:
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Unique Tourist Destination:
Every season, Turkey hosts millions of tourists from different countries of the world. This is normal thanks to its wonderful tourist attractions and historical monuments. Also, the costs of tourism in Turkey are cheap compared to the costs that you will have to pay if you are on a trip to Europe, including the cost of hotel accommodation or renting an apartment.
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Study Destination:
Many students around the world choose Turkey in order to enroll in its public or private universities, therefore they need a place to live. Oftenly, they choose studio apartments or student housing apartments.
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Medical Tourism Destination:
Turkey has recently witnessed a remarkable development in its medical sector, as many important hospitals have been built that have a great position on the global level, such as (Başakşehir Medical City), which is ranked first in Istanbul and the third in Europe.
Do not forget that Turkey has many hot sulfur spring resorts that contribute to the treatment of many skin diseases, such as rheumatism and some bone and joint diseases.
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Availability of Public Services:
Turkey is a rich country with various service facilities such as schools, universities, public transportation, leisure centres, malls and shopping centres. The high number of services in an area is a clear indication of the importance of investing in it.
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A Long-term Investment:
If you choose to invest your money in real estate, you have chosen a comfortable field of work. Since the prices of real estate increase every year by thirty percent, it is one of the least risky investments, also it is not affected by conditions and crises, thus the value of the property will be maintained.
The real estate market in Turkey offers you the most important real estate investment opportunities at all. Contact us to provide you with interesting details and information, help you choose the right property and provide you with important advice.
Edited by Mersat Real Estate Team ©
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