Real estate investment in Turkey has a special flavor that distinguishes it from other real estate investments in all countries of the world.. Real estate investment in Turkey has a physical, moral and even spiritual feel if we express it correctly.. Real estate investment in Turkey has been classified as one of the strongest investments in the world during the past ten years
Turkey today is a fertile and attractive place for investors who want to buy real estate in it and obtain various investment returns, whether by reselling or leasing these properties. An emerging and advanced real estate market that depends on the latest technologies and technology in all its details and outputs
Our company Advice Consultant identified to you 7 advantages that make real estate investment in Turkey unique from the rest of real estate investments in the countries of the world. We start with the location and the economic position, to end with the environment and the culture shared with the Arabs by virtue of the same history. Valuable and important information in this article .. Let’s discover it together
7 features that make real estate investment in Turkey unique… What are the benefits?
First, Turkey’s position and position among the countries of the world economically
During the past ten years, Turkey has proven to the whole world that it is one of the strongest economies in the world, despite its decline in two ranks after the Corona pandemic. In 2018, the Turkish state ranked sixteenth as the strongest among the twenty most powerful economies in the world.
Today, after the repercussions that shook most countries of the world due to the Corona pandemic, Turkey fell to the nineteenth rank in the world in the Group of Twenty strongest economies, but that did not prevent it from cohesion and insistence on overcoming this crisis, so … Real estate investment in economically strong Turkey means that real estate is equal to Its value is the value of the country in which it is located…
Second, Turkey’s geographical location and temperate climate
Turkey it is known that it is located in a center that connects the two continents of Europe and Asia, specifically in the city of Istanbul, a strategic geographical location in which this great country is stationed so that it is considered a transit station for most flights to Asia from Europe and vice versa
The Bosphorus and the Dardanelles have also strengthened Turkey’s status and position, as it is the gateway to the Middle East. As for the climate in it.. It is one of the most beautiful climates that are universally loved in summer and winter. A property in an area with a temperate climate means that the investment is in the right place.
Third, the giant projects of the Turkish government, especially in Istanbul
Over the past few years, the Turkish government has established very large projects that have resonated with the whole world, the first of which is the new Istanbul airport, the largest airport in the world, the medical city of Cham and Sakura, which is one of the largest medical cities in the world, also the Botanical Garden, which is the largest protected city in Europe in particular.
The Eurasia Undersea Tunnel is another model for major projects, and many projects also such as the Çanakkale Bridge, the longest suspension bridge in the world, the Yavuz Sultan Selim Bridge, the Marmaray Undersea Metro that connects the two ends of Asia and Europe, and finally a giant project, if we witness it, we will be facing a global boom It is the Istanbul Water Canal project that connects the Sea of Marmara with the Black Sea through a water channel that will be opened on land!!
Fourth, the distinguished construction companies in the Turkish real estate market
The construction companies in Turkey have resonated with many countries in the world. Some of them have even established many huge projects outside the borders of Turkey, such as the Neff International Company, which owns several projects in America, Britain and Kazakhstan. Most construction companies rely on elegant modern designs suitable for the current era with the addition of touches historical too
The most important construction companies in the Turkish real estate market are
Emlak Konut “Government Guarantee and Long Term Installments”
Kiptas “in partnership with Istanbul Municipality”
Sur Yapi “huge commercial cities and centers”
Ikhlas Yapi “Family Content and Preserve”
Artash Establishment “Family Content and Central Districts”
Dab Yapi “Infrastructure and High-rise Towers”
Sinpaş is famous, and there are many other companies.. but what we mentioned is the oldest and most prominent of them
Fifthly, the incentives offered by the Turkish government, the most important of which are Turkish citizenship
The incentives offered by the Turkish government to encourage real estate investment in Turkey are many.. the most important of which is for the investor to obtain Turkish citizenship. Of course, there are conditions that must be met to obtain it, which is to buy a property or several properties worth 400 thousand dollars, seize the property and pledge not to sell for 3 years, and to know more For Turkish citizenship, you can do so through this Article about Turkish citizenship
There are several other incentives, such as the KDV tax exemption, of course..there are conditions for tax exemption as well, which amount to 18% in some projects or commercial real estate.
Sixth, the competitive prices of real estate compared to international markets
Real estate prices in Turkey are somewhat cheap compared to European markets, at a rate of no less than 25%, except that the data may also differ. The ingredients in Istanbul, for example, do not exist in European countries, and prices are very high in those countries.
So..buying a property in Turkey with the most beautiful preferences such as sea views, high-end services in complexes, and proximity to city centers is definitely a successful real estate investment, and the value will rise permanently and continuously..
Seventh, the environment and culture associated with the Arabs by virtue of the common history
One of the things that the Arab investor needs is the environment close to his mother environment, and this is what is most unique in Turkey and is considered rare in other countries of the world, in addition to the conservative environment in Turkey in general on the basis that it is an Islamic country .. and this is clear and evident through Islamic manifestations and mosques ancient
The Turkish people are also open and receptive to Arabs and foreigners in general. A common history between Arabs and Turks extends for more than 800 years. This great background has built today a beautiful understanding that we are witnessing between the streets and alleys of Istanbul, and the customs and traditions between Arabs and Turks are mostly very similar, so that the Turkish language is in it. Lots and lots of Arabic words
Real estate investment in Turkey is one of the most successful investments in it.. The features we mentioned are the most prominent ones, but if we dig deeper, we will find many other features that we cannot mention all of them in this article, valuable and important information for everyone who wants to buy a property in Turkey
Advice Consultant company that provides its various professional services to you, we start with the issuance of all kinds of residence permits that guarantee your presence in the Turkish lands legally, and we are also agents of many Turkish construction companies through which we aspire to find real estate suitable for your aspirations and preferences, we are also always with you to answer your inquiries, including Regarding obtaining Turkish citizenship and legal advice in general… Contact us