Investing in commercial real estate in Turkey is one of the different forms of real estate investment that has become circulated in the Turkish real estate market in all Turkish municipalities and regions, It has a variety of forms in the diversity of commercial real estate, which is the cornerstone of the growth of the Turkish economy in the commercial sector, which includes a large number of commercial activities that create huge opportunities to invest in commercial real estate and achieve high profit returns.
Types of commercial real estate in Turkey
Investing in commercial real estate means investing capital coming into the Turkish real estate market in all real estate used in commercial activities of all kinds from shops, stores, warehouses and any other types, provided that they are not intended for housing and living, and the best time to enter the commercial real estate market is shortly before the peak time, as The peak of commercial activity usually coincides with the beginning of the general activity of the population at the beginning of the autumn and extends throughout the year and varies according to the seasons. We will quickly pass on the most important types of commercial real estate:
Shops:
In fact, it is not possible to limit the shops that cover all types of economic activities, but we can start with the shops located in the bazaars and popular markets, and they are considered wonderful investment opportunities because they are very popular and offer a huge amount of different types of goods, and then we move to the shops that are densely located within the most famous malls and the shopping centers scattered in all Turkish municipalities, which display the most important local and international brands, and they constitute a wide field for profitable investment because they target various consumer segments and cover the total demand in the Turkish commercial sector, which leaves no room for hesitation in the initiative to invest in commercial real estate in Turkey. We will mention the most famous shopping centers in all Turkish regions, such as Off Mall, Acacia Mall, Egyptian Bazaar, Emaar Mall and others.
Commercial offices in towers and business centers:
The type of towers has become one of the popular investment patterns in the field of commercial and residential real estate for a number of features that we will mention at the time. These towers include a large number of commercial offices and business centers, which are a meeting place for owners of commercial and industrial events to achieve intertwining between the various economic sectors, exchange experiences, form partnerships and create many opportunities for pioneering investment projects. In all fields by putting forward creative ideas for a bright future for the Turkish economy.
economic establishments
Transforming previous creative economic ideas into live projects on the ground is the craft of industrialists and their constant passion for development, growth and advancement of their industrial facilities to meet the needs of the industrial sector at the local and regional levels. Therefore, economic facilities in Turkish industrial cities are a wide field for real estate investment in the field of industrial, agricultural and commercial real estate that disposes of the outputs of industrial establishments of all kinds and forms.
Tourist facilities
We mentioned that the peak of commercial activity is usually at the beginning of the year, and it soon subsides a little until another peak begins, which is the activity of the tourist movement throughout Turkey in all regions and municipalities, In the city centers and their countryside, and thus the investment activity is most intense in the tourism sector to cover the huge demand for Turkish tourism and the continuous increase in the number of tourists, and this necessarily means an increase in the demand for investors to invest their money in tourist facilities, restaurants, cafes, tourist facilities, fast food stores, recreational and cultural parks and everything that comes to mind In the mind of the tourist, which diversifies the sources of income and diversifies the return on real estate investment in the field of tourism facilities for real estate investors and guarantees them the success of employing their money and achieving seasonal fantasy profits that cover the expenses of the whole year with a very high profit margin.
Conditions for successful investment in commercial real estate in Turkey
An investor wishing to invest in real estate in the field of commercial real estate in a specific field must inform the relevant ministry of the type of commercial activity he intends to engage in, whether it is agricultural, industrial, educational or commercial, in order to provide the investor with a list of executive instructions that explain to him all investment conditions and all rights And duties so that the investor can employ his capital in a correct and legal manner.
2. If the investor in commercial real estate is a foreigner and not a local, he must take into account the bilateral trade agreements between the two countries, as well as international standards for real estate investment, especially since Turkey is always striving to improve the investment environment on its territory.
3. Reviewing the real estate registry to provide the investor with all the necessary information about the commercial property that will be the center of the new commercial activity, And that before signing any contracts of a legal nature.
4. It must be ensured that these commercial real estate are innocent and do not have any material obligations such as taxes or seizure signals, or that they are mortgaged and entail certain obligations, because all of these matters hinder the efficient and smooth launch of commercial activity and increase the burden of investment costs that accompany the beginning of the investment process, It will indirectly affect the net profit and thus the return on investment in commercial real estate in Turkey.
5. Choosing the real estate area is an important and basic condition in the process of real estate investment in commercial real estate, It must be within the market area and combine commercial real estate that engages in similar commercial activities to be within the circle of demand for the same goods required within the same commercial activity, and thus benefit from the purchasing power of consumers at all levels.
6. The Turkish government has determined the area of the property included in the real estate investment, and its area should not exceed 30 hectares, in all Turkish regions.
7. Those looking to invest in real estate in Turkey should check the technical condition of the property if it is old and in need of many maintenance operations or if it is in good condition.
8. There is an important step to take into consideration.If you want to invest in real estate in Turkey, you should look for the right real estate agent who will definitely help you and provide you with his services in directing you towards the right commercial property in the most appropriate area to achieve success in the process of investing your money in commercial real estate in Turkey.
You will definitely feel reassured about investing your capital in commercial real estate in Turkey after reading the above information and following the necessary steps for the success of the investment process.
Related articles :
success of real estate investment in Istanbul 2022
Everything related to real estate residence in Turkey 2022 AD
Amendments to the Turkish Citizenship Law 2022 AD
The most important thing to pay attention to when buying a property in Turkey
Villas for sale in Istanbul 2021-2022
Is it possible to find cheap villas for sale in Turkey
The cheapest apartments for sale in European Istanbul 2022
Procedures for owning a property in Turkey
New conditions for obtaining Turkish citizenship 2022
Real estate prices in Turkey 2021-2022
The Turkish passport and its great importance outside the country
Real estate in Turkey has become a symbol of development and prosperity
Important steps for real estate investment in Turkey 2022
Your comprehensive guide when buying real estate in Turkey 2022
The reason for the huge demand for the Turkish real estate market
Comments