The importance of real estate investment in Turkey
Any investor, regardless of his nationality, Arab or foreign, always does not stop investing within his country, but tries to expand more and more, so he tends to invest in foreign countries. Turkey is currently considered one of the most important countries that attract investment because of its great position.
Why is Turkey considered a huge real estate investment country compared to the major western countries?
Real estate in Turkey is one of the best living areas around the world. People usually invest a lot of money in countries such as Italy, France and Spain to buy a house there, and they may not realize that the cost of living and buying real estate in Turkey is much lower than that, with European quality comparable to the latest countries.
There are many attractions that attract attention in Turkey, including:
Investment climate:
The Turkish investment climate has been classified; The second largest investment climate subject to reforms and development among the countries of the Organization for Economic Cooperation and Development. The Turkish government also provides great facilities to Arab investors, which provides an encouraging work environment for the start, advancement and success of investment.
Promising economy:
Turkey's economy is strong and successful. One of the most prominent features that distinguishes it is its permanent growth periodically according to a well-thought-out plan by the Turkish government.
The huge real estate market:
The construction sector in Turkey is one of the most active and strongest construction sectors around the world.
• Infrastructure in Turkey:
Turkey is characterized by a strong and constantly evolving infrastructure in all fields, which is available on modern sea transport at low costs, in addition to rail transport that reaches central and eastern Europe.
Tourist and historical attractions continue to attract tourists from all over the world, and its regions are always a profitable option to invest in.
Cultural affinity:
The cultural rapprochement between the Arab and Turkish society is one of the most important reasons that encourage the Arab investor to run his money in Turkey. Where Arabs and Turks combine many common customs and life details
Profitable returns:
Turkey's real estate provides the Arab investor with high and guaranteed returns; With the multiplicity of types of real estate investment, the options are open to the investor.
Advantages of buying a property in Turkey:
The Turkish state has implemented several huge projects in Turkey, such as airports, highways, tunnels and bridges, in addition to metro lines and other huge projects, which made the real estate market in Turkey one of the best investment destinations for Arabs in recent years.
– The foreign investor, when he puts his money outside his home country, he always seeks only a long-term investment and not for a limited period, and therefore Turkey is considered one of the safest countries to put the money of foreign investors in.
Low taxes in Turkey, the most important of which is the exemption of the foreign investor from the value added tax incurred by the purchase of real estate in Turkey.
Granting Turkish citizenship or permanent residence.
– The tourist characteristics that Turkey possesses because it contains tourist and archaeological places visited by millions of tourists every year, and its nature and moderate climate that distinguishes it from other countries.
Turkey is a politically and socially stable country.
Istanbul topped the list of the best cities in Turkey for investment, whether real estate investment, industrial investment, agricultural investment or financial investment, as the ancient city maintained its ranking for long periods of time, and led the largest and best projects in Turkey in recent years, such as Istanbul's new airport.
The real estate market in Istanbul offers huge investment opportunities due to the high demand for rent.
Istanbul also provides a high standard of living for individuals according to international standards, making it one of the best areas to buy a property in Turkey 2021.
A recent report by the American website (Insider Monkey) ranked Istanbul among the cities favored by billionaires in the world in terms of the number of rich people living there.
It is not easy to manage a city the size of Istanbul and to provide all the necessary services for its millions of residents around the clock, so the city was divided according to an effective system, which is the municipal system. The Greater Istanbul Municipality is considered the central municipality of Istanbul and the main nerve for the rest of the municipalities. Coordination, follow-up and supervision operations between the sub-municipalities
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