Top 10 Reasons to Invest Residential Investment in Turkey

In recent years, especially foreign investors are wondering whether the country is a good investment in Turkey. Real estate industry is one of the sectors that continue to grow despite the economic and social problems we are in.

40,000 real estate sales were made to investors which are coming from various countries to our country in 2018. Housing sales continue to rise around 50,000 in 2019.

Why are investors and buyers who want to become homeowners choosing to Turkey? Let’s take a look at the reasons we have prepared for you;

1.    Geographical Location and Infrastructure

Our country is the most important transit point of the Middle East, Asia and Europe thanks to its geopolitical location. It is considered as the most suitable region for investors thanks to its wide housing market, easy transportation and strong economic infrastructure.

Turkey attracts many investors to our country in the purchase and sale of housing with the launch of mega projects around the world such as Istanbul Airport, Marmaray and Canal Istanbul.

2.    Cultural and Social Opportunities

Turkey homes to many important cultural events to sport activities from rafting to golf courses. According to the Culture and Tourism Ministry releases the first 10 months of 2018, Turkey has 41 million tourists. This rate will continue to increase year by year thanks to the direct flights to many countries from our important cities such as Istanbul and Antalya.

3.    Exchange Rate

As a result of the recent fluctuation of the exchange rate, foreign investors prefer to invest in our country. According to the data of the end of April 2018, more than 3.1 billion dollars of foreign direct investment was realized.

4.    Affordable Housing Prices

Turkey draws attention with the affordable prices per square meter compared to other countries. In addition, you can make a long-term investment thanks to housing prices, which continue to increase day by day.

5.    Developed Architectural Technologies

Many construction companies have focused on the latest and advanced home technologies in residential architectures in the recent years. For example; Apartments with three-bedroom smart home system provide common social facilities such as fitness center, swimming pool and sauna as well as technology.

6.    Life and Career Opportunity

According to the results of research on a global scale is the largest independent immigrant, Turkey is among the best life and career opportunity offering was the seventh country in accordance with the opinion of the immigrants over 18 thousand 163 countries.

7.    Citizenship Opportunity

The financial and investment costs in the process of transition to Turkish Citizenship were reduced with the decision published in the Official Gazette last year. According to this, foreigners who purchase at least 250.000 USD real estate in our country and kept in reserve it for three years can apply directly to Turkish citizenship.

8.    Living Expenses

Our country is very suitable for living expenses compared to European countries. Many immigrants spend a luxurious life thanks to the changing exchange rate.

9.    Ease of Purchase and Sale

In our country, buying real estate is an easy process. According to the legal processes that have come into force recently, the period from choosing your home to getting your title is only one week. As a result of these innovations, many investors also consider apartments with rental guarantees.

10.                   Payment Schedule

One of the best options for housing purchase is to consider off-plan projects ranging from 1 to 5 years. The low prices of new apartments and installment options without maturity are also an important factor.

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