Types of real estate investment in Turkey
There are different types of investment in Turkey, on top of which is real estate investment, and each has its advantages that you will learn about in this article
Turkey, which is rising strongly among the largest economies in the world, fiercely competing in various fields of investment and consolidating its commercial, industrial, and tourism strength among the countries of the world, which is supported by the fact that it is characterized by a pivotal geographical location between the continents of Asia and Europe and its integration between the cultures of East and West in its history and future.
Below, we will get acquainted more closely with the types of investment in Turkey, especially real estate investment…
Types of real estate investment in Turkey:
1- Residential Investment: If you evaluate the quality of your investment based on the type of property, investment in residential real estate comes at the forefront of investments in Turkey and witnesses a continuous rise in its prices, which makes it a successful and popular investment method for the foreign investor.
Turkey is characterized by its picturesque nature and strong and growing economy, which gives a variety of real estate options and advantages that are not available in many countries around the world, at prices that are still low in terms of the value of the Turkish currency against hard currencies.
The Turkish residential real estate sector continues its continuous rise in selling and renting prices, especially since 2021, ensuring an investment return and preserving the value of capital in the long term, as the increase in the price per square meter in some areas exceeded 100%.
Residential real estate investment includes investment in residential lands, which is preferred by many investors over ready-made residential buildings for two main reasons: investment value and much higher profit - the possibility of designing and building projects according to their preferences and the flexibility of construction plans.
2- Investing in Commercial Real Estate: This investment may be one of the most diversified types of investments and includes many options such as offices, shops, shopping centers, or even tourist apartments, etc., and Turkey’s central location has made it a strong commercial center, which has increased the demand for offices and commercial buildings, especially for many From international and Arab institutions and companies to manage their projects inside and outside Turkey.
Among the other main commercial activities that are centrally located in Turkey are shipping, import, export, and transport companies of different nationalities, because Turkey owns the Bosphorus Strait, which is a major transport line around the world, in addition to the East Railway that connects from Russia to China and other international industrial and commercial countries. the public.
3- Investing in Agricultural Real Estate: Turkey is characterized by a vast area, a diverse atmosphere, and a juicy nature that makes it have a diverse and strong agricultural area and vast lands that can be invested in the form of agricultural and animal farms to produce various crops, some of which occupy the most producing and exporting countries globally, such as figs, hazelnuts, and royal raisins, And dried apricots, and cherries, and Turkey produces more than 70% of the global production of pistachios.
What makes agricultural investment in Turkey a guaranteed investment is that Turkey supports agricultural investment and its development, and provides it with various facilities. Agriculture in Turkey is one of the economic resources that distinguish the country from many other countries of the world.
What makes investing in Turkey more valuable is that the Turkish government offers incentives to foreign investors, such as tax exemptions and easy access to financing, in addition to continuously developing and improving investment laws to reach the best formula that guarantees the rights of foreign investors and guarantees their success in the long term.