The reason for the huge demand for the Turkish real estate market

The reason for the huge demand for the Turkish real estate market

The heavy demand for the Turkish real estate market means that this market has features, benefits, specifications, incentives and investment returns that satisfy the needs of individuals and local and foreign investors and give them confidence and a sense of safety and satisfaction to pump their money and invest it in this market without others, so what is the reason for the heavy demand on the real estate market Turkish.


The reason for the huge demand for the Turkish real estate market

The heavy demand for the Turkish real estate market due to the large population in Turkey, which constitutes the target group that creates various investment opportunities in the real estate sector in order to meet the demands of this category.
Infrastructure projects carried out by the Turkish government greatly affect the Turkish real estate market, such as Istanbul Airport, the largest airport in the world, and the Istanbul Water Canal "Bosphorus".
Availability of labor that covers the need for investment projects in the Turkish real estate market.


Tax facilities granted by the Turkish government to investors in the Turkish real estate market:

The decision to reduce taxes in Turkey is one of a series of decisions related to the real estate sector in Turkey, and it was positively reflected in motivating foreign investors to own real estate in Turkey, which contributed to reviving the real estate market in Turkey in general.


Buying a property in Turkey is an important step in the process of obtaining Turkish citizenship:

Where the Turkish government amended the Turkish Nationality Law, and the decision to grant citizenship by buying a property worth 250 thousand dollars, and this decision included all nationalities around the world except for the Syrian one, according to the old agreements concluded between the two countries, The naturalization decision includes all family members of the property owner, including the wife and children under the age of eighteen, which means that your life will completely change thanks to the advantages of obtaining Turkish citizenship.


One of the reasons for the heavy demand for the Turkish real estate market is to obtain real estate residency and benefit from its advantages:

Once an individual of foreign nationalities purchases any property on Turkish lands, he can obtain a real estate residence permit valid for a renewable period of one year, and real estate residence permits in Turkey are granted to the property owner, his wife and children who have not reached the age of eighteen.
Real estate prices in Turkey are significantly cheaper than those in Europe, with infrastructure advantages, similar to the structure of developed European countries. The various attractions that attract attention in Turkey, from a wonderful climate, a promising economy, a huge real estate market, and many tourist and historical attractions that attract tourists from all over the world to it, all make investment and residence in Turkey a profitable and ideal option.


Return on investment in the Turkish real estate market:

The return on investment is defined as the ratio of the profit earned by the investor to the total cost after excluding all the costs associated with the investment process. These costs are the ones that directly affect the calculation of the rate of return as they include maintenance, repair, rehabilitation, modern designs and all additions and accessories, in addition to a very important aspect which is If the purchase is financed directly or indirectly through loans, where the interest rate intervenes, and in all cases and in light of all the fluctuations that any economy in the world is exposed to, real estate investment, especially in Turkey, remains fast recovering and reaps huge profits for investors in this sector, whatever the type of investment In the commercial or residential field, you can easily notice the huge volume of real estate sales and purchases, as well as the large number of economic, commercial and residential projects in Turkey with the availability of appropriate conditions, from the infrastructure to the transportation network, to the various geographical locations in the heart of the city or in the suburbs, depending on the type of project. These projects are accomplished by huge companies It is ancient and well-known at the global level, based on the attractive force of tourism in Turkey, which is manifested in its best forms in the tourist periods and seasons, through the demand for renting homes during those seasons distributed throughout the year, which allows high profits and a good return on investment.
Low cost of living in Turkey
The relatively low cost of living in Turkey, compared to the rest of Europe and neighboring countries, with the availability of the necessities of a comfortable life, and advanced living systems encourages buying real estate in the Turkish real estate market and enjoying a happy life in Turkey.


The temperate climate, charming nature and suitable atmosphere in Turkey:

God has endowed this country with a unique natural beauty in which you can find landscapes in their splendid forms. Turkey has various beauty elements, a charming and picturesque nature that is less than its counterpart around the world, and a relatively mild climate, along with an ancient civilization and history that adorns the wonderful cities of Turkey, and its traces bear witness to it until now, This is what gave this country a special tourist attraction, due to its wealth of exhilarating attractions.


Investing in the Turkish real estate market is a long-term investment:

Real estate investment is a long-term investment (that is, its interest can return to you after many years of purchasing the property), unlike investing in foreign currency, gold and other types, It is very possible that the economy of any country will be exposed to many fluctuations and the economy will lose its strength, this is what most countries suffered from after the spread of the Coronavirus pandemic, so currencies lost their value while the real estate sector maintained it.

 

The encouraging investment environment in the Turkish real estate market:

The multiplicity of housing projects in the Turkish real estate market led to obtaining attractive and competitive prices for real estate, which led to an increase in the demand for the Turkish real estate market, where the various options suited all material capabilities, in addition to the legislation and laws enacted by the Turkish government in order to secure the investor's capital and motivate him to Investing in the Turkish real estate market.
It should not be forgotten that real estate investment in Turkey is located within a very wide network that affects and is affected by industry, trade and education on a large scale, so the Turkish government has shown huge assistance and supported investment so that it has become one of the main pillars on which the Turkish economy is based.


Foreign investments in Turkey:

The number of foreign direct investments entering the Turkish market amounted to nearly eight billion dollars, and this number became increasing until foreign investment in the current year became an important factor that revitalized the Turkish economy.
When you decide to invest your money in a project, it is certain that you will inject your money into an investment channel accepted by people to achieve mutual benefits for both parties, and if you are on the Turkish land, you will choose the Turkish real estate market for real estate investment of both commercial and residential types due to the high investment profits that it brings to investors It also competes with its power in the real estate markets in the Arab and foreign countries neighboring Turkey.

 

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