REAL ESTATE IN TURKEY...IS IT SUCCESSFUL INVESTMENT?
Turkey is considered a center of attraction for Arab and foreign investors, as there are many investment opportunities in it, whether investments in the trade sector of all kinds or in the industrial sector, and also real estate investment in Turkey, which is attracting many Arab and foreign investors alike.
The construction sector in Turkey has witnessed in recent years a wide growth and prosperity, which prompted real estate sales in Turkey or apartments for sale in Istanbul in particular, where high rates were recorded in the purchase of Turkish real estate with respect to foreign investors, especially the Arabs, and here we mention Iraqis, Saudis, Palestinians , Kuwaitis, Qataris and Algerians.
One of the most prominent features of the Turkish real estate market is that it is an emerging and strong market, which is the second most active and strongest construction market in the world.
Turkey ranks fourth among the top ten real estate investment sites in the world because of the resources and infrastructure it has, and thanks to the large government facilities it provides to foreigners who want to own.
Turkey's geographical position in relation to the world also plays a big role in making it a destination for foreign investments, as it is a gateway between the East and the West.
All these advantages have prompted many to buy apartments for sale in Turkey. Apartments in Istanbul strongly, so is buying a property in Turkey for the purpose of investment considered a correct, successful and fruitful decision?
The best types of real estate investment in Turkey 2021
The interest of the foreign investor in Turkey is centered around the quest for sale in Istanbul because of its significant vital area and being the economic capital of Turkey, notwithstanding its enormous populace that gives a wide scope of buyers and work simultaneously.
The foundation ventures made by the Turkish government in Istanbul likewise enormously influenced the land market, for example, Istanbul's third air terminal, the biggest air terminal on the planet, which was as of late opened, and the new Istanbul Canal.
Variables influencing real estate in Turkey 2021.
Fruitful speculation alternatives in Turkey's land area 2021.
Why is investing in real estate Turkey 2021 successful? .
High land costs in Turkey are your investment guarantee.
Factors affecting real estate investment in Turkey?
There are many factors that affect the value of buying apartments for sale in Turkey or any purchase of a property in Turkey 2021 of various kinds, including:
- The extent of the balance between the offers of apartments for sale in Turkey and the demand for them by investors.
- The geographical location of the properties offered for sale.
- The total area of the property offered for sale i.e. the area of apartments for sale in Istanbul or any other Turkish city.
- The economic factor, that is, the extent of the country's economic development and the working climate in Turkey, which is considered the most rapid, for example, during the time of the pandemic, Turkey was classified as the third least affected country by the effects of Corona.
- Natural factors such as weather and nature, which are most beautiful in Turkey.
General laws and real estate legislation, and here Turkey enjoys the best legislative texts related to foreign ownership, as in addition to its flexibility, Turkish real estate legislation is periodically updated for the benefit of foreign investors wishing to buy real estate in Turkey or apartments for sale in Turkey.
The desired benefits and expected profits from buying real estate in Turkey, that is, what are the expected benefits of owning a property in the future? .
Turkey is known for its beautiful atmosphere and its mixing cultures which make it unique.
Successful investment options in Turkey's real estate sector 2021
The real estate investment options in Istanbul vary, as you can invest several types of apartments such as:
The system of hotel apartments is quick to rent, as Istanbul is an important tourist city and tourists flock to it throughout the year, so choosing apartments for the hotel system will be successful. Most of the construction companies for complexes with a hotel system give a rental guarantee for several years with an excellent profit return.
Home offices provide a high profit return and these properties are characterized by ease of renting and with a long-term contract, because the tenant establishes an office and his workplace, and his stay in it will be prolonged for years so as not to lose his customers who are accustomed to his location.
Real estate under construction
We advise you to buy a property in under construction projects, as the purchase price is much lower than the property price after the completion of construction and construction work, and thus the return from resale will be large between 25% and 35% ..
Buying shops in Turkey
Choosing to invest in Turkey by buying and renting shops is a good decision for a successful investment, especially since the shops in Turkey have turned into a façade that reflects the vitality of the Turkish economy, which has been going during the last twenty years due to comprehensive reforms that depend on a strong infrastructure, a solid transportation network and commercial transactions far away. For all forms of bureaucracy.
The purchase of commercial stores, whether for the purpose of renting or selling, depends on certain criteria related mainly to choosing a suitable location for the shop according to the type of trade that will be practiced in it, and also to be in or near the city site.
And the commercial store must not be in a remote or isolated area or far from public facilities and services, the transportation network, as well as the main roads of the city, in addition to the availability of transportation stations near it and car hangars in order to help the customers coming to it to reach it easily and effortlessly.
Student housing in Turkey
Turkey annually witnesses a significant increase in the number of university facilities and major institutes of wide repute, which made it a destination for foreign students from all sides with the aim of studying in Turkey and benefiting from its advanced academic formation to strides over many countries in the world.
Given the size of this turnout, the need for independent and comfortable university housing was necessary for many foreign students who suffer from the problem of decent housing, as government university neighborhoods are insufficient due to pressure, and student attitudes around the world have changed towards more comfortable housing, and thus the purchase of real estate. Student housing is one of the most successful and sought-after real estate investments.
Why is investing in real estate Turkey 2021 successful?
Turkey is the country of successful investments of all kinds, but the real start and the solid pillar of any successful economic investment in it starts with the real estate sector for several reasons, most notably:
Life returns to normal after the pandemic, which the world is expected to receive an effective vaccine against.
The close link between real estate investment and the country's economy, especially in terms of developmental activity, which is witnessing a qualitative leap in Turkey.
Turkey is one of the best real estate investment environments in Europe and the Middle East.
Real estate in Turkey is similar to real estate in the world, it is the largest growing and profitable sector.
Real estate investment in Turkey achieves guaranteed results away from any kind of adventure.
The constant rise in apartment prices in Turkey, which makes it one of the best real estate investment areas in the world with guaranteed profit returns.
The demand and demand for real estate in Turkey by foreigners is constantly high.
Honorable global rankings for real estate in Turkey, as Turkey has been listed among the largest global markets in the growth of real estate prices according to the "Knight Frank International" index and ranked second among the most attractive markets according to "Ernst & Young".
High real estate prices in Turkey are your investment guarantee
Several reasons combine to motivate you to own and invest, including the high prices of real estate in Turkey, which are considered guaranteed due to several reasons, including:
- Infrastructure in Turkey is a great and continuous improvement.
- The impact of inflation on real estate prices in Turkey.
- Real estate prices in Turkey are rising in line with the impact of supply and demand on the real estate market in the country.
- The major economic transformations that Turkey has been witnessing for twenty years.
- Increased cash flow from the real estate market in Turkey.
- The great renaissance and the raging competition between construction companies to build the largest, most beautiful and modern real estate projects.
Al-Hoda Investment and Real Estate Development Company offers you more than 350 residential and commercial projects in Istanbul with vital and strategic locations at competitive prices. If you want a profitable investment, see the list of projects that are suitable for your goals by clicking here.