Top 5 advantages of real estate investment in Turkey

Capital is the pillar of investment and is always looking for a nurturing and safe environment that pledges its care and development, and it will not find a better environment than the Turkish environment that achieves this goal, Its geographical location extending over the continents of Europe and Asia, which includes all the magical corners of nature from the mountains to the seas to the plains and valleys, and what to talk about the rivers and the scenic views that in total constitute a fertile investment soil and an effective attraction for investors from all over the world, which in turn constitutes a speculative factor that guarantees great profits Perhaps the real estate investment is the largest and most important of these features, given the urban renaissance that Turkey is witnessing.

Top 5 advantages of real estate investment in Turkey

The first advantage: the return on real estate investment in Turkey

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 globally and we will talk about it in this article.

The second advantage: Diversity of real estate investment in Turkey

You do not have one golden opportunity, but many golden opportunities for real estate investment in Turkey when you choose the right place and the right time for each of the following types:

business investment

It means investing money in all real estate from shops, stores, warehouses and any other types, provided that they are not designated for housing and living.
Autumn and winter are considered the most appropriate times for real estate investment in offices, shops and universities due to the diversity of economic and scientific activities in this period of the year and thus the high demand for real estate.
As for the summer, it is the golden season for real estate investment in tourism and entertainment facilities, especially in a tourist country like Turkey that attracts tourists and witnesses internal and external tourism from all over the world.

residential investment

That is, you rotate your capital by buying residential real estate before the peak demand period, which is usually after the winter season, i.e. in the spring.
As for how to obtain a return on real estate investment, whether it is commercial or residential, it is in two different ways:

Purchase to rent:

Dear investor, you can get a financial return that rises annually in Turkey by 10% by buying and renting real estate in times of peak economic activity or residential activity, as this type of real estate investment is considered profitable and secured.

Purchase for resale:

This type requires some sophistication and experience, as it depends on the acquisition of damaged, simple or incomplete buildings, and then the property owner completes the construction, engineering and cladding of these buildings at his own expense to make them appear civilized, contemporary and attractive, and here is the stronghold of the golden opportunity ... by selling these buildings huge sums of money and high profits can be obtained.

The third feature: the global real estate investment development

Globally, real estate investment is witnessing remarkable growth and development, let alone if all the incentives in Turkey support this growth in this type of investment, as the Turkish government has established an Investment Support Agency backed by a website in 12 languages to address investors from all over the world and attract them to invest.

Fourth advantage: government facilities for real estate investment in Turkey

In general, there are no restrictions on those coming to real estate investment in Turkey. On the contrary, the Turkish government grants many facilities and stimulating measures such as tax exemption and reductions in customs duties, leading to exemption from them, The Turkish government has also provided investors with the opportunity to open branch offices for international investment companies, whether these companies are real estate or otherwise, provided that they are linked to the parent company.

Fifth advantage: Real estate investment in Turkey is a guaranteed investment

Real estate investment, in general, is considered one of the investments that are guaranteed with the least risk or adventure that other types of investment encounter. It is also considered less vulnerable to global economic fluctuations.

Conditions for real estate investment in Turkey

An investor wishing to invest in real estate in a particular project must inform the relevant ministry of the type of project, whether it is agricultural, industrial, educational or commercial.
2. Taking into account bilateral trade agreements as well as international standards for real estate investment, especially that Turkey is always striving to improve the investment environment on its territory.
3. Review the real estate registry to provide the investor with all the necessary information about the property before signing any contracts of a legal nature.
4. Some conditions alert the investor to some important notes that he may not pay attention to. It must be ensured that the property owner has the authority to dispose of his money or not, such as if these properties and properties are under seizure, for example.
5. It is very important when buying a property that the investor makes sure that the property is not mortgaged or subject to certain procedures that prevent its sale and thus hinder the investment process.
6. Choosing the real estate area is an important and basic condition in the real estate investment process. The real estate must not be in military areas or affiliated with security areas, due to the existence of a law prohibiting the sale of such real estate to foreigners.
7. 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.
8. The future real estate investment in Turkey must ensure the technical condition of the property if it is old and in need of many maintenance operations or if it is in good condition.
9. There is an important step that must be taken into consideration. If you want to invest in real estate in Turkey, you must look for the right real estate agent.

Top 5 advantages of real estate investment in Turkey

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