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Forum: Business and travel - Is it worth investing in real estate in Turkey?
21/02/2023 16:09:59Anna Svetla

Is it worth investing in real estate in Turkey?
Real estate investments are always profitable, they "work", and not just lie like purchased dollars. Turkey occupies one of the leading positions in real estate investment in the world, over the past few years the number of transactions in this area of the country has increased significantly and mainly due to the attraction of foreign investors. The Turkish authorities create favorable conditions for buyers from other countries. In this article we will figure out whether it is profitable to invest in real estate in Turkey.
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Investment attractiveness of Turkey.
The growth of the economy of this country is provided by a large influx of foreign investment, over the past decade GDP has increased by 8.5%, and half of the total number of investments came from abroad. Beginners and experienced investors, by contacting the right company, can choose the optimal housing in the area that they like.
Visa-free regime opens up great opportunities for those who want to buy a holiday home and rent or take advantage of a profitable investment in residential real estate in Turkey.
If you correctly approach the choice of a real estate object, you can significantly increase your profit by:
renting apartments, income can range from 3 to 15% of the cost of housing;
a well-thought-out resale of housing, it can bring up to 200% profit in a few years (if the apartment was bought from the developer at a reduced cost and is located on a comfortable floor in a prestigious complex)
Those who do not know how to invest profitably in real estate in Turkey should buy apartments in complexes that are intended for rent, then the management company takes over all the organizational chores, and the new owner only receives passive income.
A quick profit from Turkish real estate can be obtained if you buy an apartment in a ready-made object, but the maximum income is possible only after purchasing apartments in a building still under construction at the excavation stage, when it is sold at minimum prices.
The annual rise in real estate prices stimulates investors.
This state is confidently striving to get into the EU, and investors, assuming a high growth in real estate in it, are ready to invest in worthwhile objects. The country's economy is now steadily rising and there is an increase in the cost of all important aspects, this is influenced by its successful location and developed logistics. The annual increase in the cost of housing in resort areas leads to a shortage of objects for sale, so high is the demand for them.
Turkish real estate is characterized by high liquidity, especially apartments, which are located in complexes where there is constant occupancy at any time. There are many services in these areas: SPA centers, gyms, heated swimming pools, round-the-clock security and more, which is very attractive for future tenants. Such housing is in demand and it is guaranteed to be profitable to resell.
Housing in Turkey as an investment, according to real estate experts, is a promising area, only you need to take into account several factors when buying it:
the characteristics of real estate;
location of the object;
arrangement of the selected housing.
Experts will tell you how to choose a liquid property in Turkey, it must be in resort cities: Izmir, Kemer, Istanbul, Belek or Alanya, near the beach and fully equipped. This option will be a win-win investment in many years.
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