Over the past years, real estate investment in Turkey has been able to occupy an advanced position at the global level, and this came as a natural result of all the many privileges that can be obtained and as a result of the ingredients that Turkey owns and helps in its success.
In this article, you will learn about the most important reasons that led to the success of this project in Turkey, and you will also learn about the most important properties suitable for a profitable real estate investment.
Reasons for the success of real estate investment in Turkey :
When we talk about real estate investment in Turkey, we refer to a group of reasons that led to this, and this is what is difficult to find in another country and Turkey has achieved superiority over it.1
1- The refreshing Turkish economy:
One of the reasons for the success of the real estate investment project in Turkey is the recovery of the Turkish economy. Since 2002, Turkey has achieved an annual economic growth rate of around 5%, making it one of the fastest-growing economies in Europe. It was then expected that this positive economic trend would continue in the coming years and it was, which bodes well for real estate investors. In addition, Turkey has made significant progress in lowering inflation and interest rates, making it an increasingly attractive destination for foreign investors.
2- Good strategic location:
Turkey is located in a very strategic place. It is located at the crossroads of Europe and Asia. This makes it an ideal place to invest in real estate, as it overlooks four seas and is considered one of the closest countries to the Arab world, making it their undisputed first destination.
3-Advanced Infrastructure:
The country has a good network of roads, railways, airports, and seaports. This allows easy travel within the country and to other parts of the world. Additionally, the Turkish government has invested heavily in infrastructure projects in recent years. This has made the country more attractive to investors.
4 - Great real estate diversification :
The diversity of the real estate market in Turkey means that there is something for everyone. Apartments, villas, and even land are available for purchase. This diversity makes it easy to find the perfect property for your needs and budget. Another reason for the success of real estate investment in Turkey is the low cost of living in Turkey as it is very reasonable, especially when compared to other countries in Europe. This makes it an attractive destination for those looking to invest in real estate but do not wish to spend a lot of money on living expenses.
5- Political stability :
The political stability in Turkey makes it a safe place to invest your money. The country has been through a lot over the past few years, but it has remained stable all the time and this stability makes it a safe place to invest your money and you know it will be there when you need it.
6- A very important tourist environment :
It is an important factor that contributes to the success of this type of investment and achieving high returns. The following are some of the reasons that make Turkey a unique tourist environment:
-The presence of a large number of historical and archaeological sites that attract tourists from all over the world.
-The presence of a large number of landscapes such as mountains, forests, and waterfalls that attract tourists who love adventure and nature.
-The temperate climate throughout most of the year makes it possible to practice many outdoor activities such as hiking, swimming, and cycling.
-The presence of a large number of coastal resorts on the Mediterranean and Aegean seas.
Turkey real estate for investment :
2,000,000$
Istanbul Europe,
Şişli,
Ready
850,000$
Istanbul Europe,
Zeytinburnu,
Under construction
191,000$
Istanbul Asia,
Kartal,
Ready
Although the real estate market in Turkey is rich, certain types are the best for investment, through which a lot of profits can be made, namely:
Hotel Apartments :
Among the advantages of investing in hotel apartments in Turkey are the following:
-The rental income from hotel apartments is usually higher than that from standard apartments, and this makes it an attractive investment for people who are looking for a steady income stream.
-Hotel apartments tend to rise in value at a faster rate than regular apartments, due to the high demand from tourists and this makes them a good long-term investment.
-Hotel apartment owners can use their property themselves when they want and rent it out to tourists when they don't use it, giving them the privilege of a place to stay when they want to, and an income-generating asset when they don't.
Studio apartments :
Some advantages of investing in studio apartments in Turkey are that they are often centrally located, provide a high return on investment, and are easy to rent. In addition, studio apartments can be a good option for those who want to live in Turkey but do not need a large area.
Villas :
Villas in Turkey provide a great opportunity for those looking to invest in real estate. The country has become increasingly popular among international buyers in recent years, and there are many reasons for this:
*Among the most obvious advantages is that you will have a place to stay when you come on vacation to Turkey and you will also be able to rent out your villa when you are not using it, which may generate a good return on investment and also that investing in Turkey villas will enable you to benefit from the country's booming economy.
* The Turkish economy has grown at a rapid pace in recent years, this is expected to continue for the foreseeable future. This makes it an ideal time to invest in villas in Turkey as your investment is likely to increase over time.
*The opportunities for success and distinction by investing in real estate in Turkey are many. You only have to look for your distinguished advisor who will provide you with the most important and appropriate opportunities available to you,
We at Number One Real Estate offer our clients a wide range of excellent and important advice and help them in all stages of buying a property.
Advantages of buying a property in Turkey with Number One Real Estate:
Number One is one of the leading real estate investment companies in Turkey, providing all kinds of real estate services within the Turkish real estate market
We offer our clients all types of real estate from
Villas for sale in Istanbul by the sea, cheap real estate for sale in Istanbul, office apartments and shops in various regions of Istanbul, apartments within the most luxurious residential complexes in Turkey, we take care of the procedures for obtaining Turkish citizenship and real estate residence
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