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Is buying a property in Turkey a good investment?

Is buying a property in Turkey a good investment?

Bring in the long term as an investment to buy a house in Turkey has an extremely high feature as an option. Even if your savings do not seem sufficient for a good investment, the value of the house you will buy will increase year by year and you will turn your savings into a profitable investment in the long term, even short term.

In recent years, especially foreign investors are wondering whether Turkey is a good investment country or not. Real estate sector in Turkey; Despite the economic and social problems in the world, we are one of the industry continued to grow in.

In 2018, 40,000 real estate sales were made to investors from various countries in Turkey. Real estate sales continue to increase, with anticipation of around 50,000 in 2019.
Why investors and buyers who want to buy a property are choosing Turkey? Let's take a look at the reasons we have prepared for you;

Geographical Location and Infrastructure
Our country; It is known as the most important transition point of the Middle East, Asia and Europe due to its geopolitical location. Thanks to its wide real estate market, easy transportation and strong economic infrastructure, it is considered as the most suitable region for investors.
With the launch of megaprojects around the world such as Istanbul Airport, Marmaray and Kanal Istanbul, it attracts many investors to our country in the purchase and sales of a property.

Cultural and Social Opportunities
Turkey is home to many important cultural activities such as sports activities like rafting, golf and blue flag beaches. According to the Culture and Tourism Ministry, 41 million tourists have come to turkey in the first 10 months of 2018. The fact that direct flights from many important cities such as Istanbul and Antalya to many countries will continue to increase this rate per year.

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

Affordable Property Prices
Turkey is noted for its reasonable price per square meter compared to other European countries. In addition, you can make a long-term investment thanks to property prices, which continue to increase day by day.

Advanced Architectural Technologies
In recent years, many construction companies have focused on the latest and advanced home technologies in residential architectures. For example; In addition to the apartment technology with a three-bedroom smart home system, it also provides common social facilities such as fitness centre, swimming pool and sauna.

Life and Career Opportunity
Realizing one of the largest independent research on a global scale immigrant group according to HSBC's research results, according to Turkey's views over a thousand immigrants became the seventh country 18 out of 163 countries offer the best life and career opportunity.

Citizenship Opportunity
With the decision published in the Official Gazette in the past years, the financial and investment costs in the process of transition to Turkish Citizenship were reduced. According to this, foreigners who purchase at least 250.000 USD real estate in our country and hold it for three years will be able to apply for Turkish citizenship directly.

Living Costs
Compared to European countries, our country is very affordable for living expenses. Many foreigners lead a luxurious life thanks to the changing exchange rate.

Buying and Selling Ease
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.

Payment Plans
One of the best options for housing purchase is to consider off-plan projects ranging from 1-5 years. The low prices of new apartments and installment options are also an important factor.

High return, short payback period
According to experts, Turkey's economic conditions, still promises gains in real investment. In addition, the return on housing investments is higher than the member states of the European Union and the return time of the investments is shorter. According to data from Eurostat, the European Statistics Institute, the payback period of investment in housing in Austria 51, Italy 42, 38 years in the UK, 36 in France, in Norway 32 years and 28 years in Turkey. Due to the shortness of return orders, and the appeal of prices in TL, the expectation of an increase in real estate value depending on foreign currency and location is high.