After the increase witnessed by the Turkish economy , the attention was drawn to investment in Turkey, the Turkish government worked to develop all economic sectors in Turkey, including the real estate , as it provides a lot of facilities and advantages to investors in this sector, and thus the real estate market flourished significantly. But waht are key reasons that make real estate investment in Turkey profitable??
• Investing in real estate in general is considered the safest, as it necessarily guarantees good profits for the investor because it fulfills a basic need, which is housing. Therefore, the profit is guaranteed in real estate investment.
• The facilities and benefits provided by the government to investors, the most important of which are reducing fees and taxes on real estate investors, in addition to obtaining Turkish citizenship if the value of the property exceeds 250 thousand US dollars, and if its value is less, the real estate residence is obtained.
• Strong Turkish economy: The economy in the country in which you wish to invest is one of the most important factors to ensure profit, and that is why investors race to invest their money in Turkey.
• Turkey is a tourist country: the fact that the tourism sector is strong benefits investors in particular, as it receives tourists throughout the year, and thus investors guarantee profits for their real estate.
• Real estate prices are constantly increasing in Turkey due to the increase in demand, as the Knight Frank International Index ranked the real estate market in Turkey as one of the most growing real estate markets in the world.
For more information, you can contact Turkeydar Real Estate Company and get real estate advice.