What is the best place to invest in real estate in the world?

Have you ever asked yourself about the best place for real estate investment in the world? Where do major investors go when they want to trade and profit from real estate? If you intend to enter the world of real estate investment or you want to satisfy your curiosity by getting the answer to the question, this article will serve as a guide to your best interest:

Real estate in global cities

When asked about the best place for real estate investment, all of the international cities will undoubtedly come to mind, such as New York, London, Hong Kong or perhaps Sydney, but what you do not know is that the best place for real estate investment is far from those cities. Looking at the issue from an investment standpoint, you will find that the prices Residential or commercial real estate in those cities is somewhat exaggerated, which makes the investment process a little more difficult, especially since the investment return that can be achieved from these real estate is not considered good enough due to the high price of the property.

What is the best destination for real estate investment?

if? What are the things that make the investment process easier and closer to achieving the appropriate return? What city meets these conditions?

In the beginning, successful real estate investment can be defined through the following equation:

"Real estate at an affordable price + a suitable investment return = a successful real estate investment"

When thinking about this simple equation, there will be no more suitable country to achieve it than Turkey, specifically Istanbul, which has become a diversified real estate oasis and a foothold for anyone who wants to unleash their investment and obtain guaranteed investment returns, especially since real estate projects in Istanbul today offer a resale guarantee at a value Not less than 35%, which we do not find in any of the global cities today.

In proof of this theory, foreign investors have flocked from years ago to today to own residential and commercial real estate or even land in Turkey, as the citizens of 184 countries chose Turkey to acquire real estate there, according to the “Mars investment” institution specialized in international investment management.

Taking into account, that the appropriate investment return is not only limited to the returns resulting from the process of renting the property, but also reselling it, as it is possible to benefit from renting the property after buying it in Turkey for two years or more and then reselling it to achieve the gains resulting from the high price and annual inflation And other factors that contribute to the improvement of real estate prices in Turkey.

The best in the improvement of real estate prices

For many years, Turkey has been linked to the title of the best place for real estate investment, according to the Knight Frank Global Real Estate Price Index, which clarified through statistics published on its official website that the best real estate in improving prices and achieving profitability rates is located in Turkey, according to an annual scale from 2016 to 2020 at a single pace without interruption.

This prompted many real estate experts to praise the Turkish real estate sector's strength and solidity in the face of many internal and external crises.

What makes Turkey the best place for real estate investment

Many advantages enjoyed by the real estate market in Turkey, specifically Istanbul, which today receives the largest share of interest from investors or those interested in settling in Turkey, the most important of which are:

• Ease of procedures for foreigners
• Moderate prices compared to international cities
• Density of opportunities and diversity of offers
• Granting Turkish citizenship to scorpion investors worth 250 thousand dollars
• Various tax exemptions
• Real estate opportunities guaranteed by the Turkish government

And many other factors that make Turkey stray to find a dream apartment.

Editing by Ramzy Real Estate Team ©

Sources:

Knight Frank

Anadolu Agency