What to invest in Turkey? What are the advantages of real estate investment in Turkey and how to benefit from it?

It considered one of the most asked questions, especially in recent times, and every investor asked before investing in a place why he invested in this place.

So we have summarized some of the most important reasons that characterize Turkey that can serve as an answer for investors interested and willing to invest in Turkey.
Turkey is famous for its geopolitical location and its hospitality in addition to the beauty of its nature,

which made it an important center for attracting local and foreign investors in various sectors, especially the tourism sector and the real estate sector, which attracted the interest of investors greatly.

With its high rate of youth and its distinguishing values, which made it the focus of attention of foreign investors in general,

and it transformed into a country open to investors and foreign capital.

And it was one of the main reasons that prompted investors to prefer Turkey for investment, especially real estate.

The most important advantages of Turkey for investment, as we mentioned earlier, are the following reasons:

1-The developed and prosperous economy in Turkey

Turkey entered the new millennium with a nearly collapsed economy, but since 2002 the country’s economy has started to improve rapidly.

During this period, the gross domestic product, which is the most important measure of the country, jumped from $231 billion to $820 billion.

Which experienced stable growth between 2002 and 2015, recorded a 5.1% annual increase in GDP.
According to the Organization for Economic Co-operation and Development (OECD),

Turkey expected to be among the fastest growing economy in 2012-2017, according to IMF data in 2013,

Turkey became the sixth largest economy in Europe and 16th in the world,

attracting more than $135 billion of international capital (foreign investment) over the past ten years,

which made real estate investment in Turkey a great opportunity for all investors around the world,

and during this period Turkey’s exports increased by more than 245%.

2-Increasing the proportion of the youth population

When investing somewhere requires qualified youth and skilled workforce,

the number of young people in Turkey is very large compared to European countries. Turkey the most densely populated country in Europe and more than half of the 30 category,

which means that any investor who opens a project in Turkey will not suffer from the problem of employment and employment.

3-Flexibility of the investment climate in Turkey

It is common that in many countries there are barriers to identifying foreign investments.

But Turkey, a member of the Organization for Economic Co-operation and Development (OECD),

started lifting such obstacles for foreign investors starting in 1997.

Today Turkey has reached a stage where a company is set up Every 6 days, the state treats all investors equally,

creating a competitive environment among them.
According to the Ministry of Economy, there are more than 37,000 companies with foreign capital in Turkey. Turkey also provides the possibility of reviewing international courts and tribunals to solve the intractable problems facing foreign investors. Which increased Turkey’s attractiveness in real estate investment in Turkey for Arab and foreign investors.

4-Comparison of housing prices in real estate investment in Turkey

Any property owner in the European Union knows that buying a home is expensive.

Even after the cost of the property, consider closing costs such as survey fees, attorney costs, stamp fees, and renewal costs.

Property prices in Turkey are low, especially compared to the declining European destinations.

So beautiful luxury apartments or villas do not spoil the budget. Many of the new build properties feature the highest quality décor.

Such as marble floors and beautiful tiled bathrooms.

With the exchange rate in mind, you can get a lot more home for the money you spend, even factoring in the costs of the purchase.

In many regions of Turkey, a three- or four-bedroom villa costs the same as a one-bedroom apartment in the UK.

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