Property Investment in Turkey

Property in Alanya. Ideal Estates, +90 532 777 4 777

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Turkey’s economy is flourishing due to several factors, including a young and highly trained labour force, a liberal and reforming investment climate, state-of-the-art infrastructure, a prime geographic location, low tax rates, incentives, and a sizable domestic market.

The European Union’s Customs Union has been providing substantial prospects for international investment since 1996. All of these elements have been linked to Turkish real estate investments.

Furthermore, investing in Turkey is now more profitable due to economic reforms implemented in the last ten years. To entice international investors, an adequate infrastructure has been developed. Turkey provides a safe environment for foreign real estate investment since both domestic and foreign investors are subject to the same laws and rights.

Turkey has emerged as a global hub for investment, thanks to the successful privatization program, the removal of most bureaucratic obstacles, enhanced taxation, and flexible profit transfer.

When it comes to real estate investing, you have many choices. One option is to buy a single apartment, rent it out, and receive rent each month while holding out for the value to increase to the point where you can sell it for a significant profit. Purchasing commercial real estate can yield financial returns like those of investing in residential real estate. Or you could purchase land and build on it. You have all of these choices if you’re thinking about investing in real estate in Turkey.

The 5W Strategy in Property Investment in Turkey

When investing in a property in Turkey, it’s all about rational decision-making:

Property prices are determined by local area “real estate comparisons.” For example, bank experts and appraisers consider street addresses and zip codes the only true collateral. Real estate consultants make their real estate investment commitments solely upon this appraisal data.

However, more than brokers’ and bankers’ mantras are required to guarantee a return on investment money.

The bottom line of a successful real estate deal requires an awareness of five fundamentals: Who, What, Where, When, and Why?

A disciplined and structured approach to real estate issues is the cornerstone of our success and your success.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president

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