Types of Real Estate in Turkey and the Differences between Them
Last Updated: 2023-07-27
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Types of Real Estate in Turkey and the Differences between Them
Certainly, you know that the real estate market in Turkey is witnessing a great and wide diversity and has many options, so do you think this is one of the advantages that the buyer will get?
The investor must be confused about what to choose and which real estate suits him more, and so many details.
In order to remove the question marks that are formed in your mind about this matter, the editorial team at Mersat Real Estate has prepared for you a detailed and comprehensive report about the types of real estate in Turkey, and we will also highlight its most important advantages.
Learn about the Types of Real Estate in Turkey:
If you want to purchase real estate in Turkey, follow the following paragraphs, which will serve as a comprehensive explanation of each type.
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First: Residential Property:
It is every property that can be used for housing and residence, and it is divided into many types:
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Modern Apartment (Residential Complexes):
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It is one of the most important types of real estate you find in Turkey and turn out to be the most sought after by those who are looking for apartments for sale.
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These complexes are designed according to the latest international standards using the most high-quality building materials.
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Construction companies choose strategic locations for them.
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It provides residents with a special lifestyle since it often has: a swimming pool - Turkish bath - sauna - children's play areas - steam rooms - restaurants - cafes - playgrounds.
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Ordinary Apartment (Single Buildings):
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It is found everywhere in Turkey as a common and known type.
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It is mostly found in areas and neighborhoods that do not have urban transformation projects.
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Only the services provided by the Turkish government to the area are available.
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Their prices and specifications differ from one city to another and from one building to another.
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Villa:
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Villas in Turkey are available in three types (ordinary - touristic - historical).
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They have many common specifications.
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They are often built in remote or rural areas.
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It has a beautiful view of either the sea or the green space.
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It features large areas that provide the individual with comfort and privacy.
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Penthouses:
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If you are looking for the most luxurious and special apartments, you should choose the penthouses.
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The last floors of residential complexes and skyscrapers are allocated for it.
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Instead of the walls that are found in ordinary apartments, here you will find glass walls.
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It has a charming view of the city in which it is located due to its height.
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It is one of the expensive apartments which makes it reserved for those with high budgets.
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Duplex:
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Have you ever heard of this type of apartment? A bit similar to villas, but smaller in size.
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It consists of two floors with an internal staircase connecting them.
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Due to its large area, it is suitable for big families.
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By living in it, you will get complete privacy and independence.
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Triplex:
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The specifications of the triplex apartments are similar to the duplexes in many characteristics.
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The difference is that the triplex consists of three floors, therefore it has a larger area.
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You can dedicate a part of it as a place of your business or your sports activity.
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It has many rooms, lounges and bathrooms.
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Studio Apartment:
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As for these apartments, the area is small and cannot accommodate more than one or two people at most.
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The demand for it is great due to the influx of foreigners to Turkey for the purpose of study, treatment, tourism and work.
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It has a bedroom - a living room - a small kitchen - a corner for study or work, sometimes all of the above could be found in one big room.
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Some people choose it because of their need for some privacy or because they have little money.
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Second: Commercial Real Estate:
This type of real estate can be used for any business you want to do, including:
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Shops:
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It could be clothing stores - foodstuffs - gifts - toys - electrical appliances and so on.
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Its investment value is high in a country such like Turkey, which witnesses a high population density and constantly foreigners influx from different countries of the world.
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You can find independent shops in neighborhoods and roads, as well as in malls and huge shopping centers.
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Companies and Offices:
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Turkey is a haven for many investors, businessmen and many important companies around the world that move their headquarters to it.
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One of the types of real estate investment in Turkey is purchasing offices or companies and renting them out or reselling them again.
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The apartment can be used as an office, but it is recommended to search for properties for commercial offices.
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Restaurants and Cafés:
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This type of commercial real estate is found in all Turkish cities without exception, and it is a destination for locals, foreigners and tourists constantly.
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Restaurants are one of the best options for a profitable real estate investment, if it is established according to well-thought-out standards, i.e. its location must be vital close to monuments and tourism and close to major roads.
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It must have distinctive features, either you make it traditional or modern, what matters is that it catches the eye.
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Medical Centres and Educational Centres:
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You can invest an entire building and turn it into a medical or educational center after obtaining a license to do so.
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It is one of the successful real estate investment ideas thanks to the medical renaissance that Turkey is witnessing, and the turnout of many foreigners around the world to receive treatment in it.
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Thousands of international students have also chosen to enrol in Turkey's universities because of their recognized certificates and high quality of education.
Before you make your choice, study it well and find all the information about the type of real estate you will choose. If Turkey is your destination for real estate ownership, feel free to contact us to provide you with the most important options and offers available and to help you make the right choice for you.
Edited by Mersat Real Estate Team ©
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