Have you wondered about the reasons for the high demand for real estate in Türkiye? In fact, there are a group of motives that encourage this step, combined together, that made Turkey a destination that cannot be disputed, whether it aims for real estate investment or for housing and permanent residence. According to the official authorities, more than 40% of those intending to own property aim to obtain Turkish citizenship .
In this article, the editorial team at Number One Real Estate Company will shed light on some details related to the Turkish real estate sector.
What are the reasons for the demand for real estate in Turkey?
- Turkey's geographical location is attractive to foreign investors, as it connects Europe, Asia, and the Middle East.
- The country offers a range of diversified investment options, including residential, commercial, and industrial real estate.
- Turkey has a growing economy and offers a favorable tax regime for real estate investments.
- Turkish real estate prices have witnessed a steady increase over the years, which makes it an attractive option for investors looking for capital appreciation.
- There is a wide range of quality properties available in the main cities of Turkey at competitive prices.
- The government has implemented several incentives to encourage foreign investment in the real estate sector, such as tax cuts and easy access to financing.
- The Turkish government has also made significant investments in infrastructure projects to improve transportation links and other services across the country, making it easier for potential investors to access real estate.
- Property owners in Turkey can benefit from long-term rental income due to the country's booming tourism seasons.
- The Turkish legal system is characterized by a high degree of security and transparency and guarantees the respect and protection of property rights under the law.
- The country's expanding population has created a strong demand for housing, providing more opportunities for investors looking to buy or develop real estate in Turkey .
- The possibility of obtaining Turkish citizenship by purchasing a property for a minimum amount of 400 thousand US dollars and granting it to all family members under 18 years of age.
- The possibility of obtaining real estate residency and granting it to family members, especially individuals under 18 years of age, instead of Turkish citizenship in accordance with Turkish naturalization laws.
The most selling cities for real estate in Turkey
Istanbul is one of the most attractive cities for real estate buyers, with its stunning scenery and active lifestyle. This vibrant city offers a unique blend of modern and traditional architecture, making it an ideal place for residential and commercial investments.
Ankara is another popular destination with great potential for real estate development. The capital city of Turkey has a thriving economy and continues to attract both local and foreign investors.
Izmir is the third largest city in Turkey, and its port makes it ideal for those looking for waterfront properties. With its excellent infrastructure, diverse culture, and Mediterranean climate, Izmir is an attractive option for many buyers.
Finally, Antalya is a coastal city in southern Turkey that has been growing rapidly over the past few years. With its beautiful beaches and warm climate, Antalya is a great choice for those who want to live by the sea while still being close to major cities like Istanbul.
What are the types of real estate in Turkey?
With two main types of real estate, commercial and residential, investors have the opportunity to explore many options. Commercial real estate can be used to rent out offices, companies, and establishments, while residential real estate is ideal for investing in villas, apartments, and luxury homes.
The impact of tourism on real estate in Turkey
Turkey is becoming an increasingly popular tourist destination, and as a result, it has seen a huge rise in its real estate market, and with the influx of tourists comes an influx of investors keen to take advantage of the booming tourism seasons, and this has led to a rise in real estate prices across the country.
The Turkish government has implemented a number of measures to ensure that real estate investments remain safe and profitable. These include incentives for developers and increased tax breaks for investors. As a result, Turkey has become an attractive destination for local and foreign investors looking to take advantage of the growing tourism sector.
The investment future in real estate Turkey
With its strong economy, vibrant tourism seasons, and rapid population growth, Turkey is an ideal location for residential and commercial investment. The Turkish government has also put in place incentives to encourage foreign investments, making it more attractive. With high real estate values and rental yields, investors can look forward to rewarding returns in the coming years.
Why are apartments in residential complexes the best-selling?
- Turkey offers a range of residential complexes that suit different needs and budgets.
- Residents can benefit from safe living environments, as many apartment complexes are closed and monitored 24/7.
- Many complexes offer a variety of amenities such as fitness centers, swimming pools, and playgrounds.
- Locals and visitors alike can enjoy a variety of shopping, dining, and entertainment options within or near the complex.
- Residential complexes in Turkey offer great advantages at competitive prices.
- Many of the complexes are pet friendly.
- Turkey's excellent infrastructure facilitates mobility, which makes these apartment complexes great for commuting to work or other activities.
- Turkey's warm climate allows for year-round outdoor activities, so you can soak up the sun at any time of the year.
- These residential complexes provide a great opportunity to communicate with neighbors and make new friends in your area.
- Living in an apartment complex in Turkey provides access to excellent healthcare facilities nearby for adequate medical care when needed.
Investing in real estate in Turkey is long-term
Real estate investment in Turkey is a great long-term investment opportunity that can bring future profits. By renting the property and collecting a fixed income every month, investors have the ability to make their money again within 10-15 years, in addition to the possibility of selling the property again to achieve more profits.
Do not forget to visit our website to see all the information that may help you when investing in real estate in Turkey, and we are pleased to tell you that we have provided you with a selection of our specialized advisors to help you and answer all your questions and consultations. You can contact them now.
Services that Number One Property is proud to provide to its clients:
- Luxury apartments for sale in Istanbul suitable for obtaining Turkish citizenship and others suitable for real estate residence.
- The most distinguished real estate within the Turkish real estate market.
- Cheap real estate prices with high quality.
- Taking care of all the steps of buying a property in Turkey.
Our expert, specialized team is ready to answer any inquiries about real estate investment in Turkey. Just contact us to get what satisfies you.
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