What is the reason for the attraction of Qataris to invest in Turkish real estate
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Arab investors are turning in particular to Turkey , especially the Turkish real estate sector , which was able to attract attention and become one of the most important types of investment in Turkey .
Among the Arab nationalities, we find that Qataris had a large share of investment in real estate in Turkey. During this article, we will discuss Qatari investments in Turkey and the factors that encouraged them to do so.. Let's start..
The most important reasons that encourage Qataris to invest in Turkish real estate:
1- Good diplomatic and economic relations between Turkey and Qatar, which was positively reflected on the investments of Qataris on Turkish soil.
2- The beautiful nature and charming scenery that Turkey enjoys, which encourages Qataris to tourism in it on the one hand and to take it as a headquarters for their real estate investments on the other, especially since Turkey’s pleasant climate, which is not available within the Gulf countries, is an important factor in attracting investors Gulf countries to Turkey, including Qataris.
3- Real estate prices in Turkey, which are significantly lower than other properties in neighboring countries, and the pricing of these properties in Turkish lira contributed to making them cheap, and this allowed Qataris to think about buying luxury real estate in Turkey without worrying about its price.
4- The great interest of the Turkish government in the real estate sector and the continuous issuance of laws to facilitate real estate ownership for foreigners in Turkey and reduce taxes imposed on them.
5- The real estate market in Turkey is very rich and includes a variety of options to suit all tastes, and this is what attracts Qatari investors, as luxury properties such as villas, palaces and high-end residential complexes are spread in Turkey, which receive great attention from them.
6- Security and peace within Turkey, as it is considered far from the political conflicts that are widely spread in the Middle East, which makes Turkey a safe and desirable investment environment.
7- The great development that Turkey was able to achieve within the real estate sector, where unique and distinguished investment projects were established that attracted attention.
8- The possibility of obtaining real estate residency when buying property in Turkey, whatever its price, and this gives them the right to enter and exit Turkey without having to worry about a visa, and they can also obtain Turkish citizenship when buying a property worth 250 thousand US dollars on The least and then enjoy the advantages of Turkish citizenship and Turkish passport.
Statistics and information about Qatari investments in Turkey:
The Turkish-Qatari transactions and relations have increased significantly, especially after the blockade that was imposed on Qatar in 2017, as Qatari investments went to Turkey in all fields, especially tourism and real estate.
As for trade exchanges between the two countries, they increased by 49% during 2018, and were able to exceed a value of 7 billion Qatari riyals, and this is what consolidated relations between the two countries.
An agreement was signed between Turkish and Qatari companies to establish the largest entertainment city in the world within one of the coastal cities in Turkey. This project is considered the largest investment and will attract more than 3 million tourists annually.
As for the properties that Qataris prefer in Turkey , they are generally considered luxury properties , as they are increasingly interested in luxury villas and high - end palaces , in addition to farms , lands and distinctive residential complexes .
Also, Gulf investors in general and Qataris in particular are attracted to commercial real estate such as restaurants, hotels and commercial malls.
Real estate sales in Turkey for Qatari nationals have witnessed a clear increase by almost 175%, and this percentage is expected to increase during the next few years thanks to the great boom in the real estate sector.
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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