Real estate in Turkey
Last Updated: 2023-09-09Real estate in Turkey
The multiplicity of real estate types in Turkey is a very important feature in it, where you can find popular and ordinary housing to luxurious housing that is characterized by luxury, and real estate in Turkey covers all tourism, residential, commercial and industrial investment needs.
The types of real estate in Turkey differ greatly from any real estate in the world, and those interested in the field of real estate investment in Turkey must learn about these differences to learn about the real estate market conditions in Turkey in detail.
Real estate is a term given to everything that is fixed in its place and cannot be moved without damage, whether it is land, buildings, or even trees.
Types of real estate in Turkey (according to their type):
1 - Residential Real Estate: Apartments - Villas - Palaces and Chalets.
2 - Industrial real estate: factories - stores.
3 - Commercial real estate: administrative buildings - commercial centers - shops ... etc.
4 - Agricultural real estate: farms - orchards.
5 - Real estate used for private purposes: government lands - mosques - churches - hospitals and schools.
Types of Turkey real estate Turkey commercial real estate:
Shops and stores: We all know that trade is one of the economic sources spread in Turkey, as the Turkish markets do not stabilize their movement, since foreign customers are always present in the Turkish markets.
Offices: The offices are among the most beautiful opportunities for investment, especially after the emergence of the need for them after the establishment of small or medium Arab companies, they do not need large and huge buildings, but foreigners can rent offices to manage their various businesses from inside Turkey, and there is no need for offices to be in high-priced places .
Companies: they include import and export companies, large real estate companies, health insurance companies. It is also easy to open a library or printing press, all of which represent opportunities for investment in companies in Turkey. It should be mentioned that Turkish laws support projects on their lands by allowing foreigners to open their own companies, with the support of many legal facilities.
Hotels: Turkey's hotel real estate needs high financing and may need large budgets that no single investor can afford, but it is better to enter into partnerships or buy shares in many hotel projects, in order to ensure the diversity of income and profit from the various tourist seasons.
Restaurants and cafes: especially in vital or tourist areas such as Fatih and Esenyurt, where there are many Arabs, the profits of restaurants and cafes are fictional, especially restaurants that offer many popular and international foods.
Cafes are considered one of the most popular places in Turkey, which attract regular customers.
Schools and training sectors: The educational and training sector has become one of the most prevalent Arab sectors in Turkey, due to the importance of having kindergartens for young children in the summer period, and the need to teach the Arabic language. Remedial courses are available in Turkish and English languages, and there are also some vocational training courses and other various aspects of education. Building specifications are always taken into account while purchasing a building to open a school in it, as the Turkish Ministry of Education sets certain conditions related to the building to give a license to it. The real estate market in Turkey is many fields and options, and therefore the investor is always looking for the most suitable and most suitable type or option for him to start investing in Turkey's real estate.
Turkey's residential real estate:
Ordinary Turkey apartments: These are the apartments in the normal Turkish neighborhoods, as they are only related to the building in which they are located. Most Turkish residential buildings are distinguished by the presence of electric doors or surveillance cameras, but this matter is not in the regular apartments located in Turkish neighborhoods. Residential real estate in Turkey, which has many floors include elevators, a security employee and cameras, and in many Turkish residential buildings a cleaning service is available to clean the stairs and corridors. The prices of these apartments are linked to the general market price of the region, and the price of apartments is determined by the availability of services, as the price of Turkey’s apartments in residential buildings that provide many services within the property increases, and the location of the property and its proximity to facilities and services contribute to the high prices of Turkey’s apartments and rental rates.
Apartments of residential complexes: They are apartments that are located in newly built residential complexes and have many services that make them distinctive apartments such as the availability of protection and safety, the presence of security personnel at the doors of modern residential complexes, and the availability of surveillance cameras throughout the building. These complexes also contain a garage for cars and there are large green areas that also contain playgrounds, public gardens, swimming pools, restaurants and commercial markets, at least. Some complexes contain supermarkets or shops, and there may also be a primary school or mosque in the complex. Residential complexes in Istanbul are among the best and most luxurious residential complexes in Turkey, and housing and residence in these complexes in Istanbul is a target for many who want to buy apartments in Turkey. It is natural that the prices of apartments in these modern residential complexes are more expensive than similar ones abroad, and the rental prices of these apartments will certainly be high.
Ordinary villas: These houses are of a large area surrounded by a fence and a green area. There are many villas in Turkey in many neighborhoods and they are far from the tourist and important centers, these villas are located in normal areas and most of the time they are in rural areas, and many retirees and lovers of tranquility and luxury would prefer to live in them.
Tourist villas: These villas are much more expensive than regular villas, and they have distinctive views of the coasts or attractive areas, but they are similar to regular villas in terms of spaces and interior decoration.
Penthouses: These apartments are of a new type, and are located in large buildings and skyscrapers. They are characterized by a large area and the exterior walls of the house are mostly glass, which means having a wonderful view throughout the day. The "penthouse" apartment also provides comfort, tranquility, and a system that resembles independent villas, and there is no other neighbor on the floor, which helps the residents with independence. These apartments are among the most expensive apartments, but they are very luxurious.
Duplex Apartments: It consists of two complete residential apartments, one of them is above the other, and they are connected by an internal staircase. It is an ideal choice for families who cannot afford standalone villas.
Triplex apartments: They are larger than duplexes, and they consist of 3 apartments on top of each other, and they are connected to each other by an internal staircase, which is good and ideal for large families, and also provides the property owner to rent a floor or more, and these apartments are also distinguished by the fact that a property owner can take advantage of the extra space, especially the last floor, so he can benefit from it by creating a private office or health club.
Studio apartments: a studio apartment is a small apartment, its area is usually 60 square meters as a minimum, and there are smaller and larger than this area, and it was established for the residence of one or two people at most, and it is characterized by being moderate in price compared to similar apartments due to its small size, Therefore, its rent is also very low compared to other apartments.
The apartment consists of a spacious bedroom, and there is also a place for an American-designed kitchen. It represents a good and suitable housing for students or those who love to live alone, as it provides them with comfort and independence in addition to its low price, and it is far from youth participatory housing, which may be annoying sometimes.
Editing by Mersat Real Estate Team©
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