Türkiye is a real estate investment destination for foreign investors

In this article, we will talk about Türkiye, a real estate investment destination for foreign investors.

Real estate investment in Türkiye:

In the last twenty years, Türkiye has witnessed a major economic renaissance that includes wide areas, including real estate investment, which has emerged as a fertile field for investment.

Which helped the emergence of giant construction companies whose activities included Turkey and many other countries.

This led to a major urban renaissance, as the real estate market expanded and its resources and revenues grew to an extent that attracted foreign investors to it.

Reasons for the rise of the real estate market:

1 – Türkiye has a legal environment that protects investors in general, citizens and foreigners, and investors in the real estate field in particular.

2- Türkiye enjoys a very important geographical location between East and West. By virtue of its history and the method of its governance, it also enjoys an enlightened and moderate cultural environment that accommodates various cultural trends. It also enjoys a flexible and open social milieu that makes it easy for foreigners to integrate into it.

3 – Türkiye has a diverse and extremely beautiful natural environment, dominated by greenery, water, and a moderate climate. It has green plains, mountains covered with forests, and extensive and rich sea beaches, which has made it a destination for those seeking a comfortable and luxurious life, whether tourists or those wishing to travel. Permanent residence.

4 – The climate in Turkey varies between moderate areas, warm areas, and white areas covered with snow in winter and summer designated for ice sports.

5 – Türkiye is rich in historical monuments that make life more beautiful and make it an attractive environment for tourism.

6 – Türkiye has advanced urban systems that adopt the best international standards in architecture.

7- Real estate investment in Turkey is characterized by the fact that it helps in obtaining Turkish citizenship for the investor, his wife, and his children who are under 18 years of age. This is in the case of purchasing a property worth 400,000 US dollars.

If the property is less than this value, the investor and his family benefit from the right of residence throughout the continued ownership of the property. In this case, the value of the property must not be less than 200,000 thousand US dollars in all states.

8- Türkiye has advanced and easy banking systems.

9 – The foreign owner of the property can rent his property or use it in other projects within the regulations applicable to the Turkish citizen.

10- The foreign investor can transfer his profits abroad in Turkish or foreign currency. Then, when he wants to liquidate his business, he can transfer his capital back abroad.

11-Türkiye has a free economy that constitutes a fertile environment for investment.

12 – Finally,  the rise of the real estate market in Turkey has led to a continuous rise in real estate prices, and this is what made the return on real estate investment there attractive.

Among the most frequently asked questions:

• Why real estate investment in Türkiye:

Within the framework of the economic renaissance that Turkey is witnessing, the real estate market there has witnessed significant growth, and this market has witnessed interest 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. And a flexible and easy banking system, which helped grow the real estate investment market.

• What is the best investment in Türkiye:

There are many preferred investment destinations in Turkey, but their results differ from one investor to another. The reasons for the disagreement are due to several elements that can be summarized as follows:

1- The type of investor’s interests and experiences.

2- The size of the capital allocated for investment. Every project has limits on the capital it requires to give the highest profit. If the amount of capital increases or decreases, the percentage of profits will decrease.

3- The investor’s ability to manage.

4 – There is a difference in the comparison between the foreign investor and the national investor, resulting from the relationships that the investor enjoys, and experiences with local conditions,

If we want to talk about the foreign investor, we see that the real estate market is the easiest, most secure, and least risky. In some cases, it is the most profitable.

The renaissance that the Turkish economy is witnessing for many reasons has led to a great demand for lands and buildings, and thus to a continued rise in their prices.

This is next in importance to the foreign investor Industrial and commercial investment, and investment in the field of energy and technology, are promising investments but require high expertise.

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

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