For These Reasons, the Lebanese Tend to Invest in Real Estate in Turkey
Last Updated: 2023-07-27
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For These Reasons, the Lebanese Tend to Invest in Real Estate in Turkey
The real estate market in Turkey is no longer exceptional, as many foreigners flock to it constantly to take advantage of the advantages that can be obtained from buying real estate or real estate investment.
Among the most nationalities buying real estate in Turkey are the Lebanese, who have found a safe haven in Turkey to achieve their goals and objectives and to be active in investing in order to get abundant profit and rewarding returns. We wish you an enjoyable read.
Why do Lebanese buy real estate in Turkey?
To get a full answer to your question, you can follow the next paragraph, in which we will talk about all the reasons behind the Lebanese choosing to own real estate in Turkey.
They are several reasons that combine together to form a status of attraction and they are as follows:
-Real estate projects in Turkey are characterized by great luxury, and they are not limited to one place without another.
- The Turkish government has not been late in providing all the facilities and incentives that encourage foreigners to invest in real estate in Turkey, such as tax cuts.
- The government in Turkey is keen to issue many amendments that are compatible with the interests of foreigners, as Turkish laws are known to be flexible.
-Turkey has a developed and modern infrastructure that had a great impact on the real estate sector in Turkey, as it contributed to the rise in prices and gave it a high investment value.
-The ease of life in Turkey and the availability of all public service facilities that the citizen needs in their life cannot be overlooked.
-Turkey is full of wonderful and distinctive natural landmarks that are spread throughout its various parts, which have added a lot of importance to it and have caused tourists to flock to it from all over.
- Whoever buys a property in Turkey can get a real estate residency if the property price is not less than 75,000 US dollars.
-The possibility of applying for Turkish citizenship, which is considered one of the most important nationalities in the world, in return for purchasing a property which value is not less than 400 thousand US dollars, regardless of its type, area or specifications.
-The customs and traditions prevailing in Turkish society are very similar to what is prevalent in Arab societies, and this made life in it for Arabs easier and more distinguished.
- Turkey contains a diverse and distinctive package of schools, hospitals, universities, malls and huge shopping centers.
-The manifestations of development and modernity spread in Turkish society give the real estate sector a high investment value.
- Turkey's strategic location between East and West and its mediation of the three most important continents in the world, not to mention its proximity to the Arab world and its extension on two continents at the same time, which made it acquire the characteristics of both continents.
Real estate Turkey is a profitable investment opportunity:
One of the reasons that made the Lebanese accept to buy real estate in Turkey is the desire to invest in real estate and achieve many abundant profits. All indicators and evidence confirm the feasibility of this trend. Through the following paragraph, you can see the reasons for investing in Turkish real estate:
1 - The Turkish economy, which has proven its strength over the past years, is considered today one of the most important and strongest economies in the world.
2 – Turkey lives in a state of political stability in contrast to many countries such as the Arab countries, which are experiencing many crises and collapses.
3 - The population has risen dramatically, which makes the demand for real estate uninterrupted. Add to your information that Turkey receives annually large numbers of foreigners and expatriates.
4 - It is not possible to overlook the role of the huge tourist seasons witnessed by the Turkish state, which had a positive impact on the status of real estate investment and its achievement of success and distinction.
What can be pointed out in this regard is that it is not only the Lebanese who choose to invest in real estate in Turkey, but the Arabs in general, who are among the most likely to take this step, especially in recent years with the impossibility of establishing any investment project in the countries of the Middle East under the conditions in which they live.
Cities that foreigners choose to buy real estate in Turkey:
Despite the distinction of the various states in Turkey, foreigners went to some states only without the others. Here you can see the most prominent of them:
Istanbul is the first destination for foreign investors in general and for Arabs in particular. If you look at the statistics and studies organized in this regard, you will find that it accounts for the largest share of the total real estate sales achieved by Turkey, as it is:
-The economic capital.
-It has many important job opportunities.
-The huge urban renaissance that it is witnessing.
-Appropriate real estate prices.
The city of Antalya is one of the main destinations for many investors, especially those who wish to take advantage of the tourist seasons to gain abundant profit. What you do not know is that it has become a destination for many international companies and owners of large companies.
What has been noticed is that the real estate market in Turkey has been active for ten years and until now, and with the passage of time we see it growing and the demand for it increases significantly, and it is expected that in the coming years, it will record more demand in light of the great economic growth and also thanks to the many facilities provided by the Turkish government and the many privileges that can be obtained.
In order to find out more information about the real estate market in Turkey, you can follow our website constantly because we are keen to follow all the topics that you are interested in.
The team of Mersat Real Estate Company offers you an important set of real estate offers and puts them in your hands so that you can choose what suits you very easily, in addition to having a package of important advices.
Edited by Mersat Real Estate Team ©
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