Why real estate investment in Turkey?
Turkey has always been an important center that attracts investors, whether Arabs or other foreign nationalities, and this is due to the availability of a large and distinguished group of investment opportunities, especially in the field of real estate investment, which is witnessing a distinguished demand during the past years in light of the great growth it is witnessing, as rates of High in the field of real estate purchase through foreign investors, in addition to the continuous government facilities that have always contributed to increasing the prosperity of real estate investment in Turkey.
This is in addition to the large investment returns that can be obtained when investing in real estate in Turkey, where real estate prices are witnessing a significant increase, especially with the difference in the prices of the Turkish lira compared to the dollar, which leads to more profits continuously, and this point is one of the advantages of real estate investment in Turkey, especially during the years Last.
Advantages of real estate investment in Turkey
There are many advantages of real estate investment in Turkey that can be talked about, which were a major reason, whether in the past or at the present time, to attract many investors to the real estate market in Turkey, and the following are the most prominent of these features:
Investment returns: Since Turkey is one of the countries that witness the presence of millions of tourists throughout the year, real estate investment in it always achieves distinguished investment returns, as real estate witnesses a wide demand, especially during the tourism seasons, which means an encouraging investment return for investors, in addition to the increase in the value of Real estate is so much that the percentage of profits can reach 12% annually of the value of the property, whether through leasing or resale.
Turkish citizenship: Turkey provides the possibility of obtaining Turkish citizenship by purchasing a property worth 400 thousand dollars or more, which has always been an important incentive for investors from all over the world, and the Turkish government provides many facilities regarding obtaining citizenship from investment in a period of up to To only ninety days after completing the purchase, and the opportunity to obtain citizenship has always been considered one of the most important advantages of real estate investment in Turkey.
realestate investments in turkey
Government support: Government support is one of the most prominent features of real estate investment in Turkey, as the Turkish government attaches great importance to the real estate field in particular, by launching more real estate projects and providing facilities that help in the growth of the real estate sector at all times, and among these facilities; Providing the possibility of installment of apartment prices over long periods and months.
Real estate prices: Real estate prices are cheap in Turkey compared to real estate prices in other countries, especially neighboring European countries, at a time when Turkey has a solid infrastructure that is close in strength to that of the developed European countries, and there is an important advantage of investment. Real estate in Turkey, where real estate prices are suitable for different budgets.
Distinctive opportunities: The real estate market in Turkey is distinguished by offering many and varied options, which has caused the strength of this field and the increase of investors coming to it, especially in light of the expansion of Turkey’s area, the difference in weather from one region to another, and the availability of many natural places that encourage many to invest. and stability in Turkey.
Is real estate investment in Turkey profitable?
Despite the changes that occur in the prices of the Turkish lira from one period to another, real estate investment is still witnessing a great demand, and this is due to many reasons that led to the constant increase in the value of real estate, which are as follows:
The effect of inflation, which continuously raises real estate prices.
Affected by the increasing demand for real estate due to the increasing number of tourists and the continuous growth of the real estate market.
The improvements that are continuously made to the infrastructure of Turkish cities, and this is considered one of the advantages of real estate investment in Turkey.
The ever-rising cash flows in real estate.
Improvements made to real estate, such as renovations and decorations.
How to buy a property in Turkey?
There are a set of steps that are important to follow when owning a desire to buy a property in Turkey, as the purchase order is not limited to signing the title deed, and getting acquainted with these steps helps to overcome many difficulties and troubles that many investors can have. Here are these steps:
Determining goals: The purchase of a property in light of the many advantages of real estate investment in Turkey requires defining the desired goals to be achieved from this ownership. desired, and to know the specifications of the property.
Choosing a real estate agent: A reliable real estate agent must be chosen when there is a desire to buy a property in Turkey, and the agent must be selected based on the quality of the services it provides and its reputation in the market, at a time when it is important to communicate with some former clients to ask them About the quality of services provided by this agent, with a review of its website and online platforms.
Visiting Turkey: Visiting Turkey before proceeding with the purchase process is very important, and its importance is due to ensuring the quality of the property and getting to know the real estate broker closely, as this helps in finding the right property.
Real estate tours: It is important for the investor to get acquainted with a group of real estate projects available on the ground, and this is in order to verify the specifications and pictures shown online about the property, and Right Home is one of the distinguished companies that provide investors with the opportunity to learn