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What are the future expectations for real estate investment in Turkey?

What are the future expectations for real estate investment in Turkey?

With the recovery and growth achieved by real estate in Turkey during this year, large numbers of investors and those looking for properties for sale have turned out, and thus real estate sales have recorded large numbers. In this field, based on the many elements it possesses that lead to its distinction. 
Many investors are wondering about the future of real estate investment in Turkey. Will it maintain its current splendor of excellence and creativity, or will it witness a change in some aspects? Many details related to this topic can be discovered through the following article. 


The future of real estate investment in Turkey: 


It is expected that by the end of 2021 AD, real estate sales will record huge numbers of more than fifty thousand apartments. In this context, the head of the Association of Real Estate Promotion Abroad stated on this matter, saying that the success witnessed by the real estate sector in the current period in Turkey is superior to many countries. Around the world, bypassing the Corona crisis, which many countries are still suffering from until the moment, and after this, it is expected that by the end of this year it will record more excellence and record records. 


What are the reasons that emphasize the importance of the future of real estate investment in Turkey? 


stable economy: 


Turkey has a superior economy with a high and advanced position, as this is one of the most important elements of the success of real estate investment and its achievement of high returns. In this context, the Turkish economy is expected to register at the end of this year to achieve a growth of ten percent, and Turkey is politically stable and has Distinguished relations with many countries of the world and seeks to improve them with some countries. In addition, Turkey is witnessing social stability. 


Geographical location: 


Turkey is distinguished by the fact that it occupies an important and remarkable geographical position, as it is in the middle of three of the world's continents and overlooks the most important seas. The title of the city of the two continents. 


Sophisticated Infrastructure: 


Turkey has a large number of important development projects that have resonated all over the world and not only in Turkey, most notably the new Istanbul Airport, which has been classified as the largest airport in the world. Turkey is also working on the construction of an important water canal in Istanbul, with the increase in the number of these projects is increasing Opportunity to get special profits. 


Urban Transformation Projects: 


Many regions in Turkey are subject to urban transformation projects that will contribute to raising the status of real estate investment and its distinction, as the aim of it is to make real estate in Turkey on one level of luxury and internationally recognized quality. 


Turkish Nationality:


It has been found that a large part of those who buy real estate in Turkey aim, through this step, to obtain Turkish citizenship, for which it is only required that the price of the property be a minimum of two hundred and fifty thousand US dollars, with a pledge not to sell it before three years have passed from the date of its purchase. 


Real estate diversification: 


Turkey is characterized by being diversified in terms of real estate and offers a wide scope for investors to choose this, and real estate in Turkey suits all budgets, in addition to its appropriate prices, there is an opportunity to buy real estate in installments or a property under construction where it is less expensive than ready-made ones. 


The future of real estate prices in Turkey: 


According to reality data, it is expected that real estate prices in Turkey in the coming days will record a clear increase in their prices, especially residential apartments, as a result of the increased demand around them in the first place, in addition to the increase in the number of tourists after Turkey lifted the restrictions on the ban against Corona. 


Which Turkish cities are the best for real estate investment? 


Istanbul occupies the forefront among the most important Turkish cities in terms of its distinction in terms of real estate investment, because it holds many privileges, the most prominent of which is that on the real estate level, it is characterized by the abundance of residential complexes throughout. 
Real estate investment in Istanbul is a great guarantee with all the development witnessed at various levels, and it is the tourist destination that the tourist does not hesitate to choose due to the distinctive historical destinations, natural places and many parks it contains. 
Most of the important development projects in Turkey are centered in Istanbul, and it must be noted that its distinguished geographical location within two continents, in addition to containing 39 different and distinct areas. 
It seems that the future of real estate investment in Turkey has a bright future and will lead its owner towards the satisfactory results he is looking for.

 

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.

 

Editing by Ramzy Real Estate Team ©

 

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