Lebanese investments in the Turkish real estate sector
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The Lebanese choose to invest in Turkey's real estate because it is the undisputed first destination for real estate investment, and this is what has become clear to everyone over the past years and in light of the many facilities that the Turkish government is keen to provide to foreigners.
Through the following article, we will talk about the reasons that encourage holders of Lebanese citizenship to choose to invest in the real estate sector in Turkey, and about the most important information and other details that interest you in this regard.
We wish you an enjoyable reading.
Reasons for Lebanese investors to invest in real estate in Turkey:
Through the following paragraph, you can see the most important reasons that encourage foreigners to invest in real estate in Turkey, not in other countries of the world.
1 - The Lebanese choose Turkey specifically because it enjoys an abundance of luxury, comfort and elegance. When we talk about Turkey, we are referring to a high-class tourist spot that contains many historical, civil and cultural destinations.
Turkey does not only offer you an integrated lifestyle or a profitable investment, but also provides you with a lot of luxury, fun and distinction.
2 - Those who continue real estate worth four hundred thousand US dollars can obtain Turkish citizenship, which is considered one of the most important nationalities in the world due to the many privileges that the holder can obtain from it.
3 - Immediately after obtaining Turkish citizenship, you can apply for a Turkish passport, which allows you to travel anywhere in the world with much ease and within acceptable procedures.
4 - The importance of the interconnected and close relations between the Lebanese state and the Turkish state on the political and social levels cannot be overlooked.
5 - Turkey has a developed and modern infrastructure that has a significant and clear impact on the Turkish real estate sector as it contributes to the rise in real estate prices and thus ensures obtaining high profits on an ongoing basis.
6 - You should know that the number of Lebanese in Turkey is not small, and this has created a state of harmony between the Lebanese and Turkish societies.
7 - The many facilities provided by the government to those who wish to buy real estate in Turkey, tax cuts and exemption from value added tax.
Number of Lebanese residing in Turkey:
In Turkey, you will find many Lebanese, including students, workers and job seekers. You will also find businessmen and families who are looking for a place to settle, live and permanently reside in a stable and upscale environment like the Turkish state, where all the necessities of an ideal life are available.
In this context, let us point out that one of the main reasons that encourage foreigners and Lebanese to invest in real estate in Turkey is that it is an important destination for tourism, where all the elements of real tourism are available and contains historical, natural and other places.
There is also a resemblance to customs, traditions, the Islamic religion, cultural norms and other reasons.
Among the reasons that encourage the Lebanese citizen to buy and own real estate in Turkey is that real estate residency can be obtained by purchasing a property worth at least $75,000, with the obligation to be residential only.
Where do the Lebanese live in Turkey?
In general, they are present in all Turkish states, but in particular their presence is concentrated in Istanbul, with its European and Asian parts, where they were attracted by the luxury and great development that this city enjoys, whether on the urban or social level and the presence of service or recreational facilities.
The city of Istanbul contains a lot of unique real estate opportunities that can only be compatible with all tastes and desires.
Is real estate investment in Turkey profitable?
Certainly, this is confirmed by all previous experiences of investors around the world, where abundant profits can be obtained, whether you choose to invest through leasing to obtain a fixed monthly return, especially in the tourist seasons where the demand for real estate increases due to the influx of tourists from everywhere around the world.
The second option is to resell the property again, while monitoring the optimal time to obtain a high return.
In the context of talking about the investments of the Lebanese in real estate in Turkey, it is necessary to note a very important thing, which is that the Arabs in general have chosen more to buy real estate in Turkey for several reasons, most notably the proximity of the Arab world to Turkey, which is characterized by its wonderful strategic location in the middle of three continents (Asia - Europe - Africa) And its supervision of four important seas (Mediterranean Sea - Black Sea - Aegean Sea - Marmara Sea) and do not forget that the Bosphorus Strait that separates the two parts of Istanbul gave it a high importance.
Also, the Turkish economy, which is constantly growing, is one of the main incentives. It guarantees that real estate will maintain its value, and therefore your investment will certainly be profitable and successful.
Also, the political stability that Turkey is experiencing today is one of the first reasons that support the decision of any investor to be his undisputed first destination, as this guarantees him the continuation of demand for his real estate and thus obtaining continuous profits.
Finally, you should know that the real estate market in Turkey is full of different nationalities, each of which has a goal that it seeks to achieve.
For more details about the real estate market in Turkey, you can follow our website constantly or communicate with our real estate consultant who accompanies you on your real estate journey from start to finish.
Editing by Ramzy Real Estate Team ©
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