Types of real estate investment in Turkey
The strategic location of Turkey must be one of the most important attractions that may push people to invest in it, whether it is a real estate investment or whatever it is.
Where Turkey constitutes an important bridge and link between Asia and Europe, which makes it the focus of attention for many, on the other hand, the clear decline in investments in both America and Europe was offset by a rise and increase in investments in Turkey, which made it one of the most prominent countries in this field.
Therefore, Turkey is considered the third most profitable country in the world.
Turkish cities are enjoying great economic prosperity and growth, especially the most prominent of these cities is Istanbul, where it has recently witnessed prosperity in all sectors. This raises the investment shares in Turkey in general and the city of Istanbul in particular.
The most important types of investments in Turkey:
agricultural investment
Tourism investment
Industrial Investment
agricultural investment
These investments are considered the most prominent in Turkey and the most prosperous and growing, as all these sectors are witnessing a great and rapid development at the regional and international levels. Each type of investment has its own advantages.
Real estate investment and its types:
On the real estate front, Turkey has been ranked as one of the best countries to own a property in
It was ranked as the ninth most visited country in the world to achieve goals related to real estate and investments, Where the real estate market in Turkey is witnessing a remarkable recovery and great development, numbers and statistics are witnesses to it, especially that the recovery in real estate investments is accompanied by factors that contribute to this recovery, most notably the tourism sector, which contributes significantly to improving real estate investments and highlighting them, real estate investments in Turkey include all types of investments such as:
Hotels
Malls
Stores
Resorts
Hospitals
Is the investment risky? what is it?
Investment in its general form contains many risks, the real estate type of which risks may be significant because investing in the real estate fields requires huge capital and large sums of money, this type of investment sometimes brings risks. tower investors, for example, have to rent offices as soon as possible, and this requires time, patience, and sometimes concessions in the value of the monthly rent or promoting attractive offers to attract tenants to them, where their main concern is to compensate for the high costs they put in investing in this tower.
It is worth noting that it is difficult to sell the property because the demand for commercial real estate, such as buying or owning, is not intense or popular enough. if you want to invest in residential real estate, you will have to deal directly with the tenants, find solutions for them and provide the necessary, and you may also face problems in delaying the payment of rent on time or abruptly terminating the contract before its agreed period, It is also possible that you will suffer some damage in the apartments or rental properties, and you will have to carry out repairs and maintenance and pay additional costs.
Is real estate investment in Turkey appropriate and why?
Yes, it is certainly appropriate, as we mentioned previously, Turkey is the most suitable place for the world of investments of all kinds.
Among the most important factors that push you to invest in Turkey are:
Successful economy:
As the economy in Turkey is in permanent prosperity and the domestic product is constantly increasing, and Turkey is one of the fastest-growing economies in the world, with an economic growth rate of 5.8%, which is a high percentage compared to other countries.
Strategic location:
Turkey is one of the most important countries that have great geographical importance, as it brings together Asia, Europe and the Middle East in one place.
Low taxes:
Where the policy of the government institution always aims to reduce the tax rate, as the latest statistics indicate a drop in tax levels from 33% to 22%..
What are the most important real estate investment companies in Turkey?
Damas Real Estate Company
Imtilak Real Estate Company
MAG Real Estate Company
Al-Fateh Real Estate Investment Company
Tabassum Real Estate Company
The future of real estate investment in Turkey?
All indications indicate that the real estate market in Turkey is constantly increasing and growing, and this leads to a safe and prosperous future for all investors, economists expect that Turkey's near future is constantly evolving and growing due to the efforts made by the state at all levels, especially in the real estate field, by facilitating the procedures and steps for all investors, which may lead to intensifying competition, improving the labor market, and increasing profits significantly.
Finally, as it shows us that Turkey is one of the most important, prominent, and best options that any investor or businessman should go to, who wants to bring his project to the top of success and prosperity, and achieve significant financial gains and revenues. Turkey is the most appropriate option because of the continuous improvements it offers, competition for time, and keeping pace at all levels, especially in the real estate and investment aspects.
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