Turkish real estate 2024 .. Benefits of investing

Table of Contents

Investing in real estate attracts foreign investors who want to achieve profitable returns for their capital in Türkiye.

What is investing in Turkish real estate 2024 ?

This means trading in Turkish real estate for the purpose of profit.
This is done by purchasing a property in Türkiye and investing in it.
By renting the property and collecting monthly rental returns.
Or by reselling the property several years after purchasing it and collecting the price difference.

Turkish real estate 2024

الاستثمار في العقار

Investment in real estate is divided into two main types, under which the rest of the types fall:

It is classified as a long-term investment because the price of the property is collected after several years, perhaps up to twenty years.
It is considered an investment portfolio that provides a fixed and increasing salary to the investor as a result of renting his property.
Turkish real estate rental values vary according to the price, location, and type of the property.
The higher the price of the property and the greater its location and high building quality.
the higher its monthly rent and vice versa.
The process of investing in leasing can only begin in ready-made properties. If a property is purchased under construction, it is necessary to wait for its construction to be completed.
Once the construction company delivers the property to the buyer and obtains the real estate title deed, he can search for a tenant and conclude a lease contract with him.
All types of real estate can be rented in Türkiye, whether residential, commercial or tourist.
Rental values for commercial properties such as offices or shops usually.
have higher rental yields than their residential counterparts.
The lease contract, after it is written and ratified.
protects the property owner and the tenant and guarantees their rights and duties.
The tenant’s delay in paying rent and the accumulation of unpaid monthly.
rents exposes him to legal eviction from the property.

Turkish real estate 2024

This type of investment is considered short and medium term.
It is done by purchasing a property under construction, waiting until.
its construction is completed, and then reselling it.
It is known that the price of the property under construction is much.
lower than the price of the ready property.
During the waiting period, the price of the purchased property increases.
gradually in conjunction with the completion of construction operations.
The rates of property price increases vary depending on the time of purchase.
The more the purchase is made in the early stages of construction or before construction operations begin, the higher the price difference will be.
In general, the expected profit from reselling the property after.
its construction is completed ranges between 35% and 300%.
Note that the duration of legal construction in Türkiye is up to 5 years.

Turkish real estate 2024

الاستثمار في العقار

Investing in Turkish real estate is characterized by being a guaranteed and safe investment, unlike other investments.
Real estate investment in Türkiye carries much lower risks.
than industrial or commercial investment.
The price of the property maintains and increases over time and its price.
cannot decrease provided that the appropriate location and good property are chosen.
It is recommended to cooperate with a real estate consultant.
to choose a property within a suitable location, high construction quality.
and good specifications to ensure its value increases over time.
Another benefit of investing in real estate is the guaranteed profitable returns upon resale or rental.
In addition to the possibility of investing in residential.
commercial or tourist real estate and benefiting from its profits.
The Turkish real estate investment sector enjoys governmental and legal facilities.
including simplification of investment steps and required papers.
Tax reductions and exemptions that real estate investors in Türkiye enjoy on value-added tax and others.
A real estate investor in Turkey obtains real estate residency in Turkey.
if he purchases a residential property worth at least $200,000, in addition to family residency.
The real estate investor, accompanied by his wife and children under the age of 18, obtains Turkish citizenship when purchasing a property worth $400,000 and keeping it for 3 years.