Turkey is a fertile environment for the growth and prosperity of any type of investment due to the many ingredients it has, through which it has been able to outperform many countries around the world.
In this article, get acquainted with some of the most important types of investments in Turkey. We wish you an enjoyable reading.
What are the most important types of investment in Turkey?
The fields and sectors of investment in Turkey vary between real estate, industrial, agricultural, tourism, and others, and each field has specific advantages and disadvantages, and through the following paragraphs, we will separate each of them:
1 - Industrial investment in Turkey
Turkey is a country that has a lot to offer to investors, especially in the industrial sector. Here are some of the main advantages of investing in Turkey:
- Convenient location: Turkey is located at the crossroads of Europe and Asia, making it an ideal location for companies that want access to both markets.
- Low labor costs: Turkish workers are relatively well educated and skilled, but labor costs are still relatively low compared to other developed countries.
- Generous Government Incentives: The Turkish government offers a number of incentives to encourage investment in the country, including tax breaks.
- Infrastructure improvement: In recent years, Turkey has made significant investments in improving its infrastructure, making it a more attractive destination for companies.
2 - Agricultural investment in Turkey
The agricultural sector in Turkey has always been an important part of the country's economy, and in recent years, the government has made concerted efforts to encourage more investment in this sector. Its advantages are:
The Turkish agricultural market is witnessing rapid growth, with a current value of 165 billion USD and a projected growth of 4-5% per annum and this provides great opportunities for investors looking to get involved in this sector.
Turkey's climate is ideal for a wide range of crops, including fruits, vegetables, grains, and livestock, and this makes it an attractive destination for agricultural investors.
The Turkish government supports foreign investment in the agricultural sector and offers several incentives to encourage investment, including tax and other exemptions, and access to financing.
Agricultural investors in Turkey have access to abundant natural resources, including water, arable land, and forests, and this provides great advantages for those looking to invest in this sector and helps them obtain abundant profits.
3 - Real estate investment in Turkey
Real estate investors in Turkey can choose from a wide range of investment opportunities. These include furnished apartments near tourist areas, student housing, office spaces, and more.
The potential rental income for real estate investors in Turkey is high, thanks to the country's booming tourism industry and the growing number of expats.
The Turkish economy is growing at a rapid pace, which is reflected in the rise in real estate prices and this provides real estate investors with the opportunity to make a good profit in the future when selling their investment properties.
The Turkish government offers a number of tax incentives to real estate investors, which makes it a more attractive investment destination and these include exemption from capital gains tax and others.
In this context, it is worth noting that the real estate sector in Turkey is in great and continuous growth, and now is considered the best option to own in it.
4- Tourism investment in Turkey
In recent years, Turkey has become one of the most popular tourist destinations in the world, attracting more than 40 million visitors annually and this has led to a boom in the construction of hotels, resorts and other tourist infrastructure.
Turkey's population is young, with more than 60% of the population under the age of 30 and this provides a large potential market for tourism services.
5- Investing in the energy sector
- The Turkish government is committed to increasing the share of renewable energy in the country's energy mix.
- Turkey has great potential for renewable energy, especially solar and wind energy.
- The Turkish government offers several incentives to investors in the renewable energy sector, including tax breaks and others.
- Turkey's renewable energy sector is growing rapidly, with several large-scale projects underway.
- The renewable energy sector offers investors several opportunities, including project development, financing, construction, operation, and maintenance.
6- Investing in the health sector
- Turkey offers a large and rapidly growing market for health-related goods and services and with a population of nearly 80 million, Turkey is the second largest market in Europe after Germany.
- The Turkish health sector is one of the fastest-growing sectors in the country, with an annual growth rate of around 8%.
- The government is committed to continuing to develop the sector and has plans to increase public spending on health care.
- Health care facilities in Turkey in general are of a high standard, especially in major cities such as Istanbul and Ankara.
- Many hospitals offer state-of-the-art facilities and equipment and are staffed by experienced medical professionals.
7- Investing in the education sector
The education sector in Turkey has experienced rapid expansion in recent years with the number of private schools and universities increasing significantly and this has been driven by a combination of factors including strong economic growth in Turkey, increased demand for higher education, and the government's commitment to expanding access to education.
As a result of this expansion, there are now many opportunities for investors looking to invest in the education sector in Turkey, and we list below some of the main advantages of doing so:
The education sector in Turkey is still relatively underdeveloped compared to other countries in Europe and North America. This represents a great opportunity for investors as the sector is expected to grow rapidly in the coming years.
One of the main factors driving the growth of the education sector in Turkey is the increasing demand for higher education. This is attributed to several factors, including population growth, rising incomes, and other factors.
8 - Business investment in Turkey
- Commercial real estate in Istanbul has seen a significant increase in its value, as much as 20% in some areas, due to the city's strong economic growth, and this makes Istanbul an attractive destination for commercial investment.
- The Turkish government offers a number of incentives to foreign investors, including tax breaks and discounts on the purchase of land and real estate.
- Turkey has a young population with a high level of education, which makes it an ideal market for many companies.
- The country's infrastructure is constantly improving, making it easier to do business in Turkey.
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, and 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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How to Invest in Commercial Real Estate