Real estate investment is one of the most popular investment sectors among both local and foreign investors in the Turkish market.
Many investors find their opportunities in the vibrant and attractive Turkish real estate market, which offers various advantages and relatively low capital risks.
Investment Sectors in Turkey:
In Turkey, there are several common investment sectors that yield varying profits depending on the type of investment and its pros and cons. There are 8 main sectors for investment in Turkey:
- Real Estate Investment
- Industrial Investment
- Commercial Investment
- Touristic Investment
- Educational Investment
- Healthcare Investment
- Agricultural Investment
- Animal Production Investment
Understanding Real Estate Investment in Turkey:
- Real estate investment involves trading in Turkish properties by purchasing ready-made or under-construction properties.
- Investors can profit by leasing them or through resale. Profits from investments in properties under construction tend to be higher as.
- the investment value of such properties increases more rapidly as construction stages progress.
Real Estate Investment with Low Risks:
- One of the standout advantages of the real estate sector in Turkey compared to other investment sectors, such as industrial or commercial investments, is its lower risk to capital.
- The capital remains relatively stable and tends to increase over time due to the rising investment value of the property, provided the right property and location are chosen.
- This requires expert guidance from a knowledgeable real estate consultant, as well as familiarity with the best areas and properties in Turkey.
- with a distinction between residential and investment properties.
- In contrast, industrial and commercial investments carry higher risks, as investors in these sectors may lose a significant portion of their capital if they enter industries or businesses.
- that do not meet their goals and lead to the decline of their products and services, coupled with marketing challenges.
- Real estate investment offers the advantage of security, as property prices rarely decrease, given the right property selection, location, and construction quality.
- among other factors.
Advantages of Real Estate Investment in Turkey:
Real estate investment in Turkey comes with several advantages, including:
- A secure investment for capital and a reliable investment portfolio.
- A variety of properties available for investment.
- High demand for ownership and rental of Turkish properties.
- Increased investment value of Turkish properties over the past five years.
- The strength of the Turkish real estate investment sector thanks to the quality and reputation of Turkish construction companies.
- Innovative designs and noticeable construction quality, along with diverse recreational services.
- Guaranteed profitable returns, whether through rental or resale.
- Eligibility for a residence permit with a property purchase worth $75,000 in major cities.
- Eligibility for Turkish citizenship with a property purchase worth $400,000, which must be retained for 3 years.
Motivations for Real Estate Investment in Turkey:
Several positive factors motivate international investors to engage in real estate investment in Turkey, including:
- Turkey’s strategic geographic location, connecting three continents.
- Turkey’s role as a meeting point for diverse cultures, religions, and nationalities, increasing demand for housing.
- The presence of major Turkish cities that attract real estate investors, such as Istanbul, Antalya, Ankara, Izmir, Bursa, and Trabzon.
- Abundance of real estate offerings with diverse payment options, including cash and installment plans.
- Ease of property ownership procedures in Turkey.
- Significant government incentives for foreign investors, including tax reductions and exemptions.
- Continuous government support and official statements reaffirming Turkey’s commitment to foreign investors, led by President Recep Tayyip Erdoğan.
- Profitable investment returns in residential, commercial, touristic, and hotel properties due to growing demand.
Without a doubt, real estate investment in Turkey takes the lead among investment sectors in the country, offering multiple advantages.
especially its capital security, which has attracted a growing number of investors to Turkey.