The 7 most countries buying real estate in Turkey

Created: 2022-04-16
Last Updated: 2024-05-02
Views: 3895

Content Index

Check out the most countries buying real estate in Turkey:
What encourages Arab countries to invest in real estate in Turkey?
Istanbul real estate is at the forefront of real estate investment in Turkey
Antalya, the capital of Turkish tourism
Turkeys position among foreign investors
Recent real estate sales in Turkey
Types of real estate investment in the Turkish state
Other Profitable Investments in Turkey

If you take a look at the real estate market in Turkey, you will find it crowded with foreigners and investors with different nationalities, so what is the reason behind their choosing Turkey, in your opinion, rather than other countries in the world?

The content preparation department at Ramzy Real Estate Company will introduce you today to the seven most prominent countries that invest and buy real estate in Turkey, and will also highlight the most prominent reasons that prompted them to make this choice.

Check out the most countries buying real estate in Turkey:

Through the following paragraphs, we will inform you about the seven most popular countries to own real estate in Turkey and the most important reasons that prompted them to make this decision.

1 - The Iraqis:

Iraqi nationals topped the list of the most Arabs owning real estate in Turkey and ranked second in the world, with a slight difference from the Iranians who won the first place.

- They chose Turkey, since it is a safe and stable environment in the face of the security fluctuations in the Iraqi state.

- The revitalizing Turkish economy and the stable political situation.

- The geographical location of the Turkish state near the Arab world in general.

- Obtaining real estate residency.

- Having a lot of cultural similarities as well as a common history.

- The cost of living is rather low compared to other countries.

2 - The Iranians:

During the past year 2021 AD, holders of Iranian citizenship topped the list of countries most buying real estate in Turkey. If you look at the past years, you will find that they always maintain their position in the foreground.

- One of the main reasons that encourage them to own property in Turkey is the stability and recovery it is experiencing because of its positive impact on all sectors and areas of life.

- The high cost of living in Iran is unbearable, which prompted the Iranian citizen to search for a suitable place for himself.

- The cultural rapprochement between Iran and Turkey that facilitates the integration of the two societies with each other cannot be overlooked.

- Arbitrary laws imposed by European and American countries on it.

- The desire to obtain Turkish citizenship for two hundred and fifty thousand US dollars.

3 - Afghans:

Did you know that Afghans are among the top five foreign nationalities who own real estate in Turkey? They were able to maintain this position for a long time.

- What encouraged them to choose to buy real estate in Turkey is their desire to live in a safe environment in light of the security, political and economic deterioration in their country.

- There is rapprochement between the two countries on more than one level, including: geographical - cultural - ethnic.

- The possibility for them to obtain Turkish citizenship in return for buying a property worth two hundred and fifty thousand US dollars.

- Turkey is an environment in which all the necessities of a typical comfortable life with great luxury are available.

4 - The Russians:

What are the reasons that prompted holders of Russian citizenship to choose to own real estate in Turkey over other countries of the developed world and Europe?

- What has been noticed is that the number of Russians in Turkey has increased significantly in recent years.

- Because of their desire for tourism and visiting historical - archaeological - natural places.

- The warm climate that Turkey enjoys compared to the freezing cold for which European countries are known.

- Desire to enter the real estate investment world due to the availability of all the ingredients for its success.

5 - Germans:

During the past five years, Germans' demand for real estate in Turkey has increased significantly, but what prompted them to do so?

Did you know that real estate prices in Turkey are low compared to prices in Germany?

- There are historical and cultural ties between the two countries.

- All data indicates the importance of real estate investment in Turkey.

- The presence of a large real estate diversity that accompanies the facilities provided by the Turkish state.

6 - The Saudis:

Among the Arabs who are most interested in buying real estate in Turkey are those who hold Saudi citizenship, and the reason for this is the strong political relations between the two countries, not to mention the large volume of trade exchange between them.

What drew the attention of Saudi state investors to investing in Turkey are the recent collapses in the Middle East.

Their desire to own luxury properties such as palaces and villas with spacious areas, stunning views and elegant modern specifications.

7 - The British:

Also, holders of British citizenship are among the most foreign purchasers of real estate in Turkey for several reasons, including the mild climate - the annual turnout of British tourists in large numbers to Turkey - the appropriate real estate prices.

After we reviewed together the seven countries that own the most real estate in Turkey, we must note that there is a common motive for all of them, which is that it is a wonderful investment opportunity, especially with predictions that real estate prices will rise during the coming period, and therefore the percentage of profits that they will receive is large.

The great urban acceleration and construction companies racing to present the most prestigious and distinguished specifications in order to attract the attention of investors.

What encourages Arab countries to invest in real estate in Turkey?

What has been noticed is that the Arab presence in the Turkish real estate market is large and even growing with the passage of time, so what is the reason for them to invest in Turkey?

- First: the cultural - social - religious rapprochement.

- Second: ease of integration with Turkish society.

- Third: Prosperity and Development While most Arab countries suffer from many crises.

- Fourth: Those who think that the Turkish language is an obstacle are wrong, as it can be learned easily.

- Fifthly, the low cost of living.

- Sixth: Take advantage of the advanced and high-end services that are provided, whether on the medical, educational or recreational levels.

Visit our website frequently in order to keep up to date on everything related to the real estate market in Turkey.

8- Yemenis

The Yemeni citizen is ranked sixth in the ranking of countries that invest in real estate in Turkey, with a total of 155 housing units in May 2022.

9- Kuwaitis

The Kuwaiti citizen is ranked eighth in the ranking of countries that invest in real estate in Turkey, with 152 residential real estate units in May 2022.

10- Jordanians

The Jordanian citizen is ranked tenth in terms of the ranking of countries investing in real estate in Turkey, with a score of 144 residential real estate plots in May 2022.

Istanbul real estate is at the forefront of real estate investment in Turkey

Recently, Istanbul, Turkey, recorded the highest percentage of housing units purchased by foreigners, with a balance of 885 housing units in May 2022.

Antalya, the capital of Turkish tourism

Antalya is the capital of Turkish tourism, and it ranked second after Istanbul, with 825 housing units sold to foreigners.
The city of Ankara comes after Antalya, where 218 housing units were sold to foreigners.

Turkey's position among foreign investors

There is no doubt that Turkey is one of the most preferred countries on the part of foreign investors, as the investor goes to it to buy real estate, or to pump new real estate investments.
It is worth noting that in addition to real estate investment, there are many citizens around the world who come to Turkey with the aim of residing and settling in the various Turkish cities.

Recent real estate sales in Turkey

It is noteworthy that the percentage of real estate sales and investments in Turkey increased significantly during 2019, especially the period between January and May, by 77% compared to the same period in 2018.
About nine thousand and 756 housing units were sold during 2019, with a number of three thousand residential properties in May of the same year, which means an increase in the percentage of sales by about 62.5% compared to the same month in 2018, which achieved sales of two thousand and 415 properties residential.
The Turkish Statistics Department reported that May 2019 achieved record numbers in the percentage of foreign investors buying real estate and residential units in Turkey.

Types of real estate investment in the Turkish state

Types of real estate investment in Turkey are divided into,
Commercial real estate investment, which is the purchase of real estate units with a commercial and non-residential purpose or renting them for commercial purposes, for example, commercial offices that guarantee the investor a long-term profit, in addition to villas that can be rented to large companies and institutions, where villas are characterized by a continuous increase in their prices, making them An ideal choice to invest in Turkish lands.
Residential real estate investment, which is the purchase of real estate units for the purpose of residence and residence, and the percentage of this type of investment increases in tourist cities such as Istanbul, as it guarantees the investor the influx of foreign tourists throughout the year.

Other Profitable Investments in Turkey

There are many other ways that are a way to get a good financial return in Turkey and they include the following,
Investing in an old property by buying it, renovating it, restoring it and maintaining it, then selling it at a price higher than the purchase price, thus achieving financial gain.
Investing in a property under construction, then selling it at a higher price after the completion of its construction.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

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The 7 most countries buying real estate in Turkey