Istanbul in Turkey is a trendy, developing city for rich and successful people. This is a city for business, luxurious life, and the realization of the most daring desires. It is gradually becoming one of the most attractive cities in Europe. Investors from different continents seek to buy a home in Turkey, invest in a business, move to a sunny country for permanent residence. We will tell you about the attractiveness of Turkey for investors and if you will be interested then you can go and check out the prices of apartments for sale in Oba, Izmir, Istanbul, or any other region of the country right now on the Turk.Estate website.
Turkish real estate market: the benefits of investment
Many foreigners, having once visited Turkey, fall in love with this country with all their hearts. And as a result, they think about buying real estate. It can be a spacious apartment in a modern residential complex or a cozy house by the sea. The Turkish real estate market is diverse and offers buyers a variety of options. In any case, such an acquisition is a profitable investment, given the return on investment, prospects, and opportunities. Let’s go through the following undeniable advantages of buying.
- Reliability of the real estate market and stability of the jurisdiction
It is difficult to find a country where the real estate market is characterized by such high stability. This is indicated by the economic indicators of the development of the jurisdiction. In addition to the growth of the Turkish economy, prices for square meters of housing are rising in this territory. And this means that a couple of years after the purchase of the property, the owner can claim a good profit if it is sold.
- Liquidity – now and in the future
A Turkish real estate is a property that will be in demand by tenants today and will never lose its value if the property has to be sold in the future.
- Friendly attitude towards foreigners
The government simplifies the laws and favors the purchase of the property by non-residents. For example, Turkey approves a liberal format of work concerning foreign investment and capital poured into the country.
- Tourism development
Turkish resorts are in great demand among millions of tourists. In 2021, the country was in the top six countries in terms of resort attendance. The growth of the tourist flow is obvious, which means that the income of the industry is also growing. Buying a property in a resort area will provide you with a stable and high rental income. And also you will be able to issue a residence permit and freely, at a convenient time for you, fly to Turkey, staying in your own apartment.
Convenient investment schemes
The acquisition of housing in Turkey by a foreigner is not uncommon. Moreover, even banks offer foreigners convenient lending schemes. And construction companies even suggest interest-free installments for certain real estate that are under construction.
The risks of investing money in a property under construction are minimal since developers in Turkey are interested in foreign investors and therefore they build quickly, efficiently, and on time.
Real estate in Turkey
Are you planning to buy property in Turkey? With the help of qualified specialists from the Turk.Estate agency will relieve you of unnecessary worries associated with finding suitable properties and real estate registration.