The most important real estate investment areas in Turkey
Last Updated: 2023-07-27The most important area of real estate investment in Turkey
Real estate investment in Turkey is one of the pillars on which the Turkish economy is based, as the real estate sector in Turkey represents a fifth of the country's GDP (about 20%), and this explains the Turkish government's interest in the real estate sector and providing everything necessary to encourage real estate investment in it.
The diversity of real estate options in Turkey raises many questions and enters the minds of investors , and there is no doubt that most Turkish real estate is suitable for real estate investment , but as is the case all over the world there are distinct areas and ready for the success of real estate investment in them more than others , let's take a look at the most important of these areas .
Real estate investment in Istanbul
Istanbul is a distinguished choice for real estate investment in Turkey , for many reasons, including: The ability of real estate in Istanbul to achieve a good return, whether this return is from resale, renting the property, or ....
Istanbul real estate is gaining importance due to the large tourist traffic that the city is witnessing , in addition to the increase in the number of residents in it significantly , which leads to an increase in demand for real estate , and the commercial base is known to everyone : increased demand leads to an increase in prices .
We will mention some of the distinctive areas of Istanbul for real estate investment:
Ayoub area:
The Eyup area is characterized as an important tourist area, due to the presence of the Sultan Eyup Mosque in it, which many Muslim tourists come to visit.
Bahcesehir District :
This area is characterized by the gardens scattered in it, and it is located next to Basaksehir and is famous for the multiplicity of residential complexes in it.
Maslak District :
Maslak is located within Sariyer, one of the most prestigious neighborhoods of Istanbul, and is characterized by the luxury of its real estate and that it is surrounded by green spaces.
Basaksehir District :
Basaksehir is one of the most important investment areas in Istanbul , due to its proximity to the city center and Istanbul Airport .
Kucukcekmece District :
Kucukcekmece is located at the western end of European Istanbul, and its proximity to the Sea of Marmara is an attractive factor for tourists from everywhere.
Real estate investment in Ankara
Although Ankara is the capital of the country and the second largest city in it, it has not been able to surpass its neighbor Istanbul in terms of attracting investors, but this does not cancel that it is a very important economic and industrial center, and that it is a reservoir of labor in Turkey.
The city of Ankara is characterized by its geographical location, and its properties are of a special character that distinguishes it from the properties of other Turkish cities, due to its wonderful view of the beautiful landscape in addition to the unique decoration that adorns its properties, the high ceilings of its houses, and the stairs with special architectural forms.
We can also observe the presence of houses with sloped roofs in Ankara, in order not to accumulate snow on them.
The Gaylu area is one of the most important real estate investment areas in Ankara, and among those areas are also Cçayorn and Bati, which have received great demand from investors.
Real estate investment in Izmir
Izmir is the third largest Turkish city in terms of area and population, and the city of Izmir has a wonderful view of the Aegean Sea, and contains many important tourist and archaeological attractions, including: Izmir Archaeological Museum, the remains of the city of Agora, which dates back to the Greek era, and the ancient city of Ephes.
Bornova, Torbali, Güzelbağı, Urla, Mavişehir, and Belshova are suitable areas for real estate investment in this beautiful city.
After talking about these three major cities, we must note that there are good investment opportunities in the rest of the Turkish cities, and that our review of these three cities comes based on the volume of demand and real estate supply in them in addition to economic growth.
Among the other Turkish cities that you can think about real estate investment in : Bursa, which has a tourist character, and Trabzon, which is witnessing a steady increase in real estate prices.
Finally, we can say that there is no ideal option in the world of real estate investment, due to the different desires and goals of investors and the funds allocated to this investment. We wish you good luck in choosing your real estate investment, and achieving everything you hope for from this investment.
Editorial Mersat Real Estate Team©
Real estate Articles
Real estate News
