The movement of the real estate sector in Turkey last year

During the past year 2022, real estate sales in Turkey achieved a remarkable increase and acceleration, with foreign influx from several countries, and the most purchased nationalities were Iran, Iraq, and Russia, and this, if indicative, indicates many gains that can be obtained through this step.

What are the reasons that encourage ownership in Turkey, and what is the expected future for this sector in the future? This is what you will learn about in this article, we wish you an enjoyable reading.

Why is the demand so high in the Turkish real estate sector?

When you find that there are common desires to own real estate in Turkey and not in other countries of the world, you will then know that there is a secret behind this matter and that there are unlimited gains that can be obtained, so choosing it over other countries that witness urban development was not a coincidence.

Today, the Turkish economy is considered one of the most important economies in the world, and over the past years it has achieved many developments and an unprecedented renaissance, and has become one of the fastest growing economies in the world.

On the political level, Turkey is considered one of the stable countries in light of the wars that many countries in the world are witnessing, and therefore this is an important feature for any investor, as he will ensure that his investment will continue to grow and maintain its value.

It cannot be overlooked to mention the advanced infrastructure in Turkey, which competes with the most important countries in the world, as it has a lot of public transportation that makes transportation easy between regions and airports, which are ranked among the most important airports in the world, and add to your information that there are dozens of projects that are still under construction, such as a canal The new Istanbul, which is expected to make its existence when it is completed with a huge boom, and it will have a clear and explicit reflection on the real estate sector in Istanbul, especially on the nearby areas.

Turkey is one of the most important countries in the world in tourism activity, as it annually hosts millions of tourists from different countries, given that it embraces wonderful landmarks that have achieved unprecedented fame, including historical and modern ones.

Let us tell you that real estate prices in Turkey are competitive and cheap compared to other European and Arab countries.

It is easy to buy and own real estate in Turkey, unlike many European countries that put many complexities and obstacles in front of the buyer.

Buying a property in Turkey results in the possibility of obtaining a real estate residence permit, which is one of the most important types of residence permit that allows its holder to stay in that country legally without exposure to violations and can be renewed annually.

In the event that the price of the property is 400 thousand US dollars or more, it is possible to apply for Turkish citizenship.

The real estate market in Turkey is one of the richest real estate markets in the world, containing multiple options that suit different tastes, opinions, and budgets.

If you do not have the sufficient budget to pay for a large property, do not hold back, as there are dozens of offers that are in installments, which allow the buyer to buy at a suitable price without having to face financial pressures or the like, but rather he will pay in stages and parts.

There is a wonderful opportunity that investors usually choose, which is to buy apartments under construction, where the price is lower than the prices of completed apartments, and the good news is that after the completion of construction work, its price will increase well. When selling it again, a significant profit can be obtained, and one of the advantages of choosing it is that the buyer will have freedom dealing with the property and selecting some details.

The future of the real estate sector in Turkey is important, and this was reported by many specialists and scholars of the Turkish market, due to the high population density in the country and the influx from neighboring countries or those suffering from certain bad conditions.

Turkey is important in terms of real estate investment, as it is the first destination for students from different countries of the world because it has a wide range of universities equipped with educational systems that do not exist in other countries and the moderate study costs compared to European universities, and therefore student housing apartments can be invested.

During the past year, there was a great tendency to buy apartments in residential complexes, as they are an ideal choice for those looking for unlimited luxury and an integrated life with little responsibility, as they provide all the services that residents need daily, from protection and security services to playgrounds and recreational activities for all family members, and this is what cannot be You can find it in ordinary buildings.

Did you know that apartments are the best-selling in Turkey at all, and in the second place are villas, and they are the best-selling, especially for tourists and those wishing to obtain profitable investment opportunities.

Turkey is characterized by a strategic location in the middle of the world, as it extends over two continents, Europe and Asia, and this gave it a great cultural and real estate diversity that you cannot find in others, as well as it is surrounded by four seas.

In Turkey, it is easy to find apartments with wonderful sea views or green spaces, and this is a new gain if you want to get a profitable investment.

Investing in commercial real estate is a bright opportunity in Turkey in light of the high population density in the country.

With the continuation of the program of granting Turkish citizenship through real estate investment, the influx to own real estate in Turkey is increasing.

The volume of demand for Turkish real estate increased after the facilities that the Turkish government was keen to provide, such as tax exemptions on the one hand, and the possibility of online ownership.

Own real estate in Turkey with IstHomes Real Estate

We understand the importance of investing in a property that will not only provide you with financial security, but also provide you with a home in a beautiful destination and that is why we are proud to offer our clients the opportunity to buy real estate in Turkey, with its stunning countryside and vibrant cities, Turkey is an ideal location for any investor looking for a safe investment. And profitable.

Our team of experienced real estate agents has extensive knowledge of the market and can help you find the right property that meets your needs, whether you are looking for an apartment close to the city center or a villa with stunning views of the Mediterranean Sea, our team can help you find exactly what you need. 

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