Real estate investment in Turkey compared to other investments
There are many questions about the issue of investment in Turkey and the amount and percentage of this investment, and the answers to these questions are tainted by some confusion
This is because of the marketing methods and means that you use to dazzle the person through fake numbers, which aim to sell you an illusion before the property
In addition, there are unreliable sources that talk about immature experiences that prevent you from investigating to reach accurate numbers and the reality of real estate investment in Turkey
Therefore, we must clarify some points transparently and impartially
This is based on our extensive and rooted experience of more than 10 years in the real estate investment market in Turkey
Is it recommended to invest in real estate in Turkey?
Statistics show the demand for the real estate market of all kinds in Turkey, especially in recent years, due to the large percentages of real estate sales in Turkey.
And this helps predict the reality of the real estate market in Turkey in the future, especially the areas close to mega projects, transportation, tourist areas, and business centers.
Through these statistics, we can also note the importance of the real estate investment sector in Turkey in all cities, especially the main ones.
This puts us in front of a new question: Is this renaissance and accelerated development due to a real estate boom or bubble, and will it disappear?!
However, the answer to this point is clear and comes through a comprehensive and accurate view of the real estate market situation in Turkey from many investment operations such as buying, selling, and renting apartments in Turkey. We also note the weakness of the supply and the urgent need for real estate in the face of the increasing demand for it
Is real estate investment in Turkey profitable?
To answer this question, we must know that not all real estate in Turkey is on the same scale, and it is very difficult to compare real estate in different regions of Turkey in the real estate investment market. Therefore, a good and accurate selection of real estate smartly and objectively will allow you to profit more than expected. Based on personal experiences.
In general, the rates of increase in real estate prices in Turkey in a short period amounted to approximately 30% of the property price.
Average returns on real estate investment in Turkey
Many facts affect the returns of real estate investment in Turkey and cause a radical difference between them, for example:
- First: The location of the property and its importance:
- In terms of its geographical location, such as its proximity to the city, the distance between it and the seashore, its view, and whether it is located in a residential complex or not.
- Second: The type of property: is it residential, commercial, or hotel
- Third: The age of the property: Modern real estate is more in demand than the old one
- Fourth: Additional real estate services: which are included in high-end residential complexes such as swimming pools, clubs, gardens, and playgrounds
- Fifth: The quality of the real estate: from the cladding, finishes, and technologies added to real estate
The difference between the return on real estate investment in Turkey and the returns on other investments
This type of comparison between real estate investment and other investments in Turkey is not without prejudice due to market fluctuations, the instability of the exchange rate of the lira sometimes, inflation, and many other reasons that affect the standards of real estate investment in Turkey. To a period to be achieved.
Moreover, there is a special feature of real estate investment that real estate is one of the most loyal investments to the real estate owner, so there is no loss of capital due to speculation, trade, or corruption
