Top 10 Reasons to Invest in Housing in Türkiye
In 2018, 40,000 real estate sales were made to investors from various countries in Türkiye. While foreign investors bought 39 thousand 663 houses in 2018, this number increased to 45 thousand 483 in 2019. In 2020, this number was 48 thousand 812, and in 2021 it was 58 thousand 576. This number, which was 35 thousand 383 in the first 6 months of 2022, is expected to exceed 70 thousand at the end of the year.
So why do investors and buyers who want to own a house prefer Türkiye?
1
Geolocation and Infrastructure
​
Türkiye; Due to its geopolitical location, it is known as the most important transit point of the Middle East, Asia and Europe. Thanks to its large housing market, easy access and strong economic infrastructure, it is seen as the most suitable region for investors.
With the introduction of world-class mega projects such as Istanbul Airport, Marmaray and Kanal Istanbul, which have been built recently, it attracts many investors to our country in the purchase and sale of housing.
​
2
Cultural and Social Opportunities
Türkiye hosts many important cultural activities, from blue flag beaches to sports activities such as golf and rafting. According to the statement of the Ministry of Culture and Tourism, more than 50 million tourists come to Türkiye every year. The realization of direct flights to many countries from our important cities such as Istanbul and Antalya will continue to increase this rate year by year.
3
Exchange Rate
Due to the recent fluctuation of the exchange rate, foreign investors prefer to invest in our country. According to the end-April 2021 data, foreign direct investment was over $5.1 billion.
4
Affordable Housing Prices
Compared to other countries, Türkiye draws attention with its affordable prices per square meter. In addition, you can make a long-term investment thanks to the housing prices that continue to increase day by day.
5
Advanced Architectural Technologies
In recent years, many construction companies have focused on the latest and advanced home technologies in residential architectures. Newly built houses are among the few projects in the world with smart home technologies, advanced social facilities and comfort areas.
6
Life and Career Opportunity
According to the results of the HSBC group, which carries out one of the largest independent immigration surveys on a global scale, Türkiye has become the seventh country with the best life and career opportunities among 163 countries, according to the opinions of over 18 thousand immigrants.
7
Citizenship Opportunity
With the decision published in the Official Gazate last year, the financial and investment costs in the process of transitioning to Turkish citizenship were reduced. Accordingly, foreigners who buy real estate worth at least 400,000 USD in our country and hold it for three years will be able to apply for Turkish citizenship directly.
8
Costs of Living
Compared to European countries, our country is extremely affordable in terms of living expenses. Many immigrants lead a luxurious life thanks to the changing exchange rate.
9
Ease of Trading
Buying real estate in our country is a very easy process. According to the legal processes that have come into force recently, the time from choosing your house to receiving your title deed is only one week. As a result of these innovations, many investors also consider rent-guaranteed apartments.
10
Payment Plans
One of the best options for buying a home is to consider off-plan projects ranging from 1 to 5 years. The low prices of the newly built flats and the interest-free installment options are also important factors.