Investment Properties in Turkey 2024

Investment Properties in Turkey 2024

 

The ancient land of Anatolia, Turkey, where cultures intersect and civilizations intertwine, extends between the East and the West as a bridge connecting the two worlds. It shines with its modern and ancient cities, and glows with its nighttime lights that reflect on the blue waters of the Bosphorus in a vibrant artistic tableau. Turkey, where towering mountains embrace the sky, and three seas hug its shores. Here, in this beautiful country, in this topic, we will dive into the world of investment properties in Turkey, to discover its charm and attractiveness, and to explore the golden opportunities it offers.

 

What are the Main Reasons Encouraging Real Estate Investment in Turkey?

 

Turkey owns a distinctive strategic location that encouraged many foreign investors to invest in it and made it an ideal gateway for companies wishing to reach new markets as it is located at the crossroads of Europe, Asia, and the Middle East, and is bordered by eight countries. It is one of the fastest-growing economies in the world where the Turkish economy today ranks 19th in the world in terms of its gross domestic product. Turkey grants company owners facilities in the procedures of opening their companies and allows them to start their business activities within days.

Turkey boasts a strong infrastructure that supports development and growth. With the abundance of its service and social facilities such as hospitals, medical centers, schools, universities, cultural centers, and others with the highest quality standards and the latest, in addition to the plans of the huge projects that the Turkish government implements in all its cities and states to raise the standard of living for its residents to include all types of transport, highways, suspension bridges, and tunnels with a modern appearance that pours into the crucible of global competition.

Turkey’s diverse economy offers abundant opportunities with competitive features at the level of many sectors, which attracts many foreigners wishing to enter the world of business in addition to attracting many labor forces to come and settle in Turkey due to the abundant job opportunities that the government creates to revive the economy in Turkey where the labor force in Turkey reached 35,206,000 in December 2022.

All this, in addition to the incentive programs offered by the Turkish government to encourage foreign direct investment such as tax cuts or even total tax exemptions for some types of taxes, and a lot of facilities and speed in the procedures and perhaps the most important of these facilities is the real estate residence for owners of residential units in addition to its reasonable real estate prices compared to other European countries.

 

Best Real Estate Investment Areas in Turkey

 

أفضل مناطق الإستثمار العقاري

 

Turkey offers growing investment opportunities from its east to its west and from its north to its south, and options vary at competitive prices, and we will review in this article some of the best areas for investment in Turkey:

Istanbul comes at the top of the list of the best areas for investment in Turkey. It is the first city that comes to mind when talking about Turkey. It enjoys a population density, high-quality labor force, and natural beauty compared to other cities. Most real estate investments are made in Istanbul. And the most famous areas especially for real estate investment are areas such as Beşiktaş, Sarıyer, Bakırköy, Levent, and Akaretler.

Antalya, the city dubbed the capital of tourism because of the beauty of its beaches and the purity of its waters in addition to the fame of its historical places and luxurious tourist resorts, which made it the first tourist destination in Turkey.

Bursa is the fourth most populous city in Turkey and one of the most important industrial cities in Turkey and attracts many foreigners annually in search of job opportunities and is visited annually by many investors. Bursa city includes Mount Uludağ, which is the most attractive destination for tourists to experience skiing in winter and enjoy its resorts and temperate climate in summer.

Trabzon is one of the most famous Turkish cities on the Black Sea coast, many investors flock to it, and it forms a tourist destination during the summer and winter seasons annually to enjoy the temperate summer atmosphere on its beaches and resorts in summer and to experience the lifestyle amidst the rural mountainous atmosphere covered with snow inside its resorts and hotels in winter, which are prepared to receive tourists with a lot of recreational activities for each season as appropriate.

Sakarya: Sakarya is also listed among the best locations for real estate investment in Turkey. It is one of the cities directly overlooking the Black Sea and enjoys its stunning natural beauty and is one of the most important tourist areas near the city of Istanbul.

 

Success Factors for Investment

The success of an investment can depend on various factors such as the growth of the country’s economy, the expected future value of the properties, the exchange rate, and your purchasing power and budget. Therefore, it is always good to conduct comprehensive research and consider seeking advice from investment professionals before making any investment decisions.

 

Advantages of Real Estate Investment in Turkey

 

Foreigners who buy properties worth at least $400,000 can apply for Turkish citizenship.

Owning an apartment in Turkey for $200,000 for the purpose of housing allows you to extract a real estate residence and enjoy the advantages of exiting and entering the country without the need to extract a visa and enjoy many advantages enjoyed by the Turkish citizen such as free education and medical services. This permit can be granted for a maximum period of two years and renewal procedures are extremely easy and fast as long as the property is still in the name of the residence owner.

Turkey provides the possibility of reaching almost all countries of the world thanks to its geographical advantages and infrastructure and the diversity of means of transport between its Turkish cities and outside and the great fame enjoyed by its international airports spread throughout the country.

Thanks to its strong and growing economy, Turkey offers new opportunities for investors every year, ensuring the continued growth of its investments despite social, political, and economic difficulties.

Many Turkish cities enjoy a temperate climate in most seasons of the year in addition to different varied views as it has distinctive sea views on several water fronts such as the Sea of Marmara and the Black Sea and Lake Büyükçekmece and many others in addition to its extension on vast green areas alongside its mountainous terrain.

These advantages make Turkey an attractive option for real estate investment. And the presence of a reliable real estate company that has long experience in the Turkish real estate market to provide you with advice helps to make the optimal investment decision that achieves your investment goal that you aspire to. And with the highest profitable returns.

 

Investment Projects in Turkey 2024

 

Today, property prices in the areas surrounding the Istanbul Canal project are rising and today occupy the first place as the best investment areas in Istanbul city.

 

Istanbul Complex 097

City: Istanbul

Region: Küçükçekmece

Delivery Date: 31/12/2024

Payment Method: Installment (60% down payment and the rest in installments over 8 months)

Property Type: Apartments

From City Center: 15 km

From Airport: 34 km

The project is characterized by its modern designs and high-quality finishes and combines luxury and modernity and occupies a strategic location close to the city center and 500 meters from the Bahariye metro station. In the Atakent region in the European section of Istanbul city and consists of 5 buildings, the total number of apartments in them is 413 apartments with options starting from 1+1 up to 1+4. Property prices in the region are rising as the government is heading to establish many projects in the region, which will increase the investment value of the project.

The project is located near Arena Park Mall and Mall of Istanbul near the main highway connecting the European region and the Asian region E80.

 

عقارات للجنسية التركية

Also, see the best properties in Istanbul

 

Apartments for Investment in Turkey 2024

Istanbul Complex 114

City: Istanbul

Region: Büyükçekmece

Delivery Date: 1/3/2025

Payment Method: Installment (50% down payment and the rest in installments over 24 months)

Property Type: Apartments

From City Center: 35 km

From Airport: 25 km

It is located in the European section of Istanbul and consists of 4 buildings with a total number of apartments 253 apartments with options starting from 1+1 up to 1+4.

The project owns three stunning views of the Sea of Marmara and Lake Büyükçekmece and the charming city of Istanbul. And close to one of the few beaches equipped for swimming in Istanbul.

The project is characterized by its reasonable prices compared to the rest of the projects that enjoy the same specifications. And its location, which makes it one of the projects that have a promising future in achieving high investment returns.

 

شراء عقار في اسطنبول

Also, see the best properties in Istanbul

 

Villas for Investment in Turkey 2024

 

Istanbul Complex 201

City: Istanbul

Region: Bahçeşehir

Delivery Date: 1/12/2025

Payment Method: Installment (20% down payment and the rest in installments over 24 months)

Property Type: Villas

From City Center: 30 km

From Airport: 31 km

The project is located in the heart of Istanbul city, in one of the most magnificent areas that are central to the map of Istanbul city, which is the Bahçeşehir region that will be close to the new Istanbul Canal project.

The project is also characterized by its proximity to Istanbul International Airport, Şamlar forests, and shopping centers such as Akbati Mall and many entertainment centers such as Aqua Dolphin and Pelit Chocolate Museum.

232 villas were built on a land area of 50,000 m2, and they are of the 4+1 type, and their areas start from 188 m2 up to 281 m2.

These features make Turkey an attractive option for real estate investment. And the presence of a reliable real estate company that has long experience in the Turkish real estate market to provide you with advice helps to make the optimal investment decision that achieves your investment goal that you aspire to. And with the highest profitable returns.

 


Related Articles:

- Real Estate Residency in Turkey, click here...

- Studio Apartments: Features and drawbacks, click here...

- Real Estate Residency for Arab Communities, click here...


 

Keys to finding related properties:

- Apartments for sale in Istanbul

- Government-guaranteed properties

- Properties with special installment plans

- Villas for sale in Istanbul

- Properties for sale in Başakşehir


 

داماس جروب العقارية

In the competitive real estate market, Damas Group Real Estate aims for excellence by offering the latest information and news about the Turkish real estate market. Our specialized marketing team is always ready to respond to your inquiries and answer all your questions. Our sales representatives are qualified and receive ongoing training to maintain top-notch work quality.

At Damas Group Real Estate, we have a diverse real estate portfolio that meets all your investment aspirations. We offer you our various options and aim to connect you with developers with whom we have strong relationships. We help you with all procedures, and even after you buy a property, we offer crafted investment plans to maximize returns through resale.. Contact us to learn more.

Since our establishment, we have been striving to reach the top in serving our clients. Your opinions and comments matter to us as we strive to climb the ladder of success towards the summit.

 


FAQ

Istanbul: It is the first city that comes to mind when talking about Turkey. It boasts high population density, high-quality workforce, and natural beauty.

- Purchase a property worth no less than $400,000. - Retain ownership of the property for at least 3 years. - Do not sell the property during the citizenship acquisition period.

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