The Turkish economy is characterized by its strength, stability, and the well-established factors that play it, as it was able to prove itself and go through many economic obstacles and historical turns. Economic stability is one of the most prominent and important secrets of the success and prosperity of various real estate investments in Turkey. What are the elements of the strong economic structure in Turkey? And how did it affect the real estate market and various investments? An interconnected network of factors that constitute the elements of real estate investment that increase the feasibility of real estate investment in Turkey in 2022, so we see prosperity and real estate development continue to increase!
How feasible is real estate investment in Turkey in 2022? An important inquiry that accompanies everyone who is in the process of investing in real estate and buying real estate in Turkey! Learn more about the details of real estate investment in Turkey and how feasible is real estate investment in Turkey in 2022?
Turkey's strategic location:
Turkey is characterized by a strategic location that extends over the two continents of Asia and Europe together, which has given real estate in Turkey a rich strategic, climatic, geographical and cultural diversity and its mediation between the countries of the Middle East and European countries. It also contains many world-famous tourist stations and archaeological sites, including museums, monuments, churches, mosques and various service facilities. There is the Bosphorus Bridge, which is a very important tourist, commercial and navigational node, and on its banks the most luxurious and most beautiful real estate.
Active tourist movement in Turkey:
Turkey is a tourist country par excellence! We can hardly count the tourist attractions and stations scattered in the various cities and states of Turkey due to their abundance and diversity. There are beaches, museums, parks and resorts.. Among the most famous landmarks and museums of Hagia Sophia, Topkapi Palace, Temple of Artemis, Maiden's Tower and Bosphorus Bridge Therefore, the tourism sector is classified among the most important economic pillars of the country. The tourism movement within Turkey is characterized by its activity and renaissance. Who among us does not wish to visit Turkey and explore its various tourist attractions in Istanbul, for example, or any of the other states!
The support provided by the Turkish government to the real estate investment sector in Turkey:
The law of granting Turkish citizenship through real estate investment in Turkey is one of the most prominent government laws supporting the real estate sector in Turkey and real estate investment movements in it. As for the details of this law, the Turkish government decided to grant Turkish citizenship to foreign real estate investors when the investor purchases a property worth 250 thousand dollars or the equivalent according to the exchange rate of the currency at the time, provided that the investor holds one of the nationalities that is allowed to own and buy real estate in Turkey and to be an adult with fulfillment of the required conditions, papers and documents. There is the possibility of buying more than one property in more than one region or state in Turkey .. provided that their total price reaches the specified value, which is 250 thousand US dollars!
Are there any disadvantages regarding real estate investment in Turkey?
No investment field is devoid of advantages and some defects, fears or difficulties that may stand in the way of the investor regarding the purchase and investment of real estate within one of the states or cities of Turkey. Among the most important defects or concerns of real estate investment in Turkey that may terrify investors, we mention:
Real estate prices in Turkey fluctuate from time to time depending on many factors, ingredients and economic conditions, it may be difficult for the investor to determine the ideal time to buy or sell real estate…
Choosing the ideal payment method, whether through a bank or cash, and it is preferable to pay through banks in Turkey.
The difficulty in choosing the optimal property in terms of the ingredients and specifications that must be available in the property, which intersect with the desires and requirements of the investor due to the large number and diversity of available options!
Investors may face some difficulties in adapting to the Turkish atmosphere and the Turkish language, especially if it is not the investor's native language, but it is temporary difficulties that can be overcome easily and simply and over time.
What is the feasibility of real estate investment in Turkey in 2022?
Learn about real estate prices in Turkey... Real estate prices in Turkey vary according to many factors and components, the most important of which are:
- The location of the property and the view it enjoys.
- The property's proximity to the places of tourist activity in Turkey and the modern means of transportation in Turkey, especially the new metro .
- The property's proximity to the rich investment sites that are located near the vital mega projects in the country.
- The area of the property and the decorations and designs used in it.
- Modern technologies used in Turkey's real estate and smart services.
- Type of title deed and real estate finishes.
The prices of real estate in Turkey are commensurate with the specifications and ingredients that these properties enjoy…
These prices are competitive and cheap, especially when compared with the prices of similar properties with similar specifications in European or foreign countries…
Real estate prices in Turkey are also characterized by increasing and steadily increasing inflation, according to the increasing economic inflation in Turkey and the world. And the solid Turkish economy ensures that the value of these real estate prices is maintained within a specific level, no matter how prices fluctuate and no matter what problems or economic consequences may occur!
Statistics indicate that investment groups are increasingly interested in buying real estate in Turkey, and more real estate prices are expected in Turkey.
Real estate investment in Turkey 2022:
Despite the Corona epidemic that invaded all countries of the world, including Turkey in 2021-2022, and the negative effects that occurred at the level of the global economy and the local economy in Turkey, and the results of an economic stagnation that affected various sectors of the economy in Turkey, including real estate investment, due to the closing procedures and the curfew, the movement of investors and tourists gradually eased compared to previous years…
Despite the difficult and emerging economic and health situation! Real estate investment movements in Turkey have not stopped selling, buying, investing, leasing or… A lot of real estate investment operations continued online! And mediated by companies and real estate offices in Turkey!
Do not hesitate to seize your real estate opportunity in Turkey and make sure that Turkey real estate is an ideal and profitable option for you!
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