How has tourism in Turkey affected the real estate sector
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As it is known, tourism in Turkey has a great place and great importance as it constitutes one of the pillars of the Turkish economy. Turkey is known as a tourist country in the first place, and this is certainly due to its charming and distinctive natural and historical areas that attract the attention of foreign tourists from everywhere.
But does tourism have an impact on the real estate sector in Turkey? And what is the status of tourism in Turkey now? This is what we will learn in the article.
The tourism sector in Turkey in the shadow of Corona:
The Corona virus has had a severe impact on all sectors in all countries of the world, and of course, Turkey is not an exception, as this epidemic had an impact on various economic sectors, but the tourism sector had the largest share, as the conditions of dealing with this virus imposed a certain type of ban on various trips Of course, this led to a decrease in the number of foreign tourists, and the imposition of a curfew affected domestic tourism between cities.
But Turkey did not stand helpless in front of this situation, but rather worked hard to restore normal life and find solutions to the problem of tourism, and this was evident by encouraging real estate against Corona, as it imported batches of real estate available globally and encouraged citizens to take this step and indeed The number of those who received the vaccine is constantly increasing, and the Turkish government has imposed on all tourist places to issue a special certificate to confirm that this place adheres to all health and safety standards, and certainly since the beginning of the summer we have witnessed the lifting of the ban after Turkey was able to absorb the epidemic and start the tourists Coming to spend the summer vacation.
Is there an impact of tourism on the Turkish real estate sector?
Of course, there is a significant impact, as these two sectors are closely related, and if you ask how? We will answer you now.
The tourism sector in particular works on introducing foreigners to Turkey from various aspects and seeing its cities closely, and thus the increased interest of foreigners in this country and the idea of real estate investment in it.
This means that it particularly affects real estate sales to foreigners in Turkey , as by studying the Turkish real estate market , we will notice a rise in real estate sales when the number of tourists coming to Turkey increases .
And this is not limited to buying and selling, but this is reflected positively on all forms of real estate investment in Turkey, as tourists usually rent real estate in Turkey or stay in hotel apartments, and commercial properties such as malls, shops and restaurants are booming during the season. annual tourism.
The interest of tourists in buying real estate in Turkey is due to the many facilities provided by the Turkish government, represented by cheap real estate prices and low tourism costs, in addition to the possibility of obtaining real estate residency when they buy an apartment in Turkey, and thus they can enter and exit Turkey without worrying about a visa And, of course, the possibility of them obtaining Turkish citizenship through real estate investment is an important attraction for a large number of tourists to enjoy the benefits of Turkish citizenship and a Turkish passport.
Thus, we find that tourism has a major role in the prosperity of the Turkish real estate sector, and that together they constitute two essential elements for the success and prosperity of the Turkish economy.
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