The most important cities for real estate investment in Türkiye

In this article, we will talk about the most important cities for real estate investment in Türkiye.

Reasons for the great activity of the real estate market in Türkiye:

This great activity in the real estate market in Türkiye was driven by the following factors:

1 – Political, economic and security stability.

2 – Turkey enjoys a medium geographical location between East and West, an ancient cultural heritage,

a wide area, a beautiful and diverse natural environment, and a moderate climate,

which makes it a destination for tourism and a destination of residence for many from different countries of the world.

3- Moderate prices and costs of living compared to similar European countries.

4 – Social openness that accepts the integration of people of different cultures.

5 – The urban renaissance and the infrastructure of cities that provided all the conditions

for comfortable living in accordance with the best international standards throughout Turkey,

so that every resident can find the place and living that is suitable for him, regardless of his income or social level.

6 – Legal facilities and easy government transactions.

All of this helped to flourish real estate investment and attract foreign investors to it.

This demand was distributed among various Turkish cities, each according to its needs, aspirations and capabilities.

In every region or city, there is something that suits one person rather than another, and as a result, Turkey expands for everyone.

The most important cities for real estate investment in Türkiye:

Istanbul:

Most foreign arrivals, whether tourists, residence students, work, trade and industry students, or science and university students, head to Istanbul, the city of dreams and the economic capital of Turkey.

But this demand makes real estate prices and costs of living higher than in other Turkish cities.

Although it remains less than the case in less prestigious European cities. Most Arabs usually prefer Istanbul.

Ankara:

In second place comes Ankara, the political capital of the country.

It is a modern city with an excellent level of civilization and luxurious architecture. Ankara smaller in size and less populated than Istanbul.

It is located in the center of Turkey, far from the sea, and has all the requirements for a luxurious life.

Antalya:

Next is the city of Antalya on the Mediterranean coast, which is a major destination for tourism, especially for Europeans, Russians and Ukrainians.

Izmir:

Next comes Izmir, which is also on the coast of the Mediterranean Sea. It is a beautiful and luxurious city, full of extensive commercial activity.

Bursa:

Next comes Bursa, which is 150 km east of Istanbul and 400 km north of Ankara, and is mostly chosen by the people of the Gulf, due to its green environment and mountainous areas covered with forests, where fresh water springs, waterfalls and lakes are abundant and widespread. Surrounded by very beautiful countryside.

Most frequently asked questions:

1- Is it a good time to buy a property in Türkiye?

The most appropriate time to buy real estate in Türkiye

The current time is considered very appropriate, for a foreign person in particular, to buy real estate in Turkey, whether for the purpose of trading in it.

Or for the purpose of using it for private interests, whether commercial, industrial, agricultural, or for the work of the liberal professions.

Due to the low exchange rate of the Turkish currency compared to the US dollar as a result of the circumstances of the last two years

Real estate prices for those with hard currencies have become very low.

However, due to the adjustment of economic and financial policies that is currently taking place, it is expected that the exchange rate of the Turkish currency will return

2- Why real estate investment in Türkiye?

In the context of the economic renaissance witnessed by Turkey, the real estate market has witnessed significant growth,

This market has witnessed demand from foreign investors.

This was helped by a legislative structure that provided great facilities and guarantees to investors, and an infrastructure in accordance with the highest international standards.

Turkey’s natural, urban and social environment also helped grow the real estate investment market

It is attractive and has made it a destination for tourism, residence and investment.

This economic and urban prosperity, which was accompanied by an increasing need for real estate and buildings for various industrial, commercial, health, educational and administrative purposes,

And so on, making real estate investment widely sought after and highly rewarding,

Especially after the advantages of obtaining citizenship were accompanied by owning a property worth 400 thousand US dollars.

Or permanent residency by owning a property worth $200,000 according to the state, as well as facilitating the movement of money and the growth of the tourism market, all of which led to a high return and wide demand from investors.

3- Is investing in Türkiye safe?

Turkey enjoys political, economic, security and social stability, and it also enjoys legislation that provides many guarantees and facilities to investors in general and

For foreigners in particular, especially the banking facilities related to transferring money to and from Turkey, which helped in the growth of economic activity.

Rapidly, it opened a wide door for foreign investors, whose interest in investing in Turkey was increasing.

Especially in the real estate field, without excluding the industrial, agricultural and commercial fields.

Al-Hayat Company is at your service to provide all the necessary additional information and details about real estate investment in Turkey, and about various investment activities.

You can contact us either by letter or by phone.

Email address: [email protected]

Phone: 00905383726510