Every year, a rising number of investors are turning to Turkey to invest in overseas real estate. Investors are still searching for ways to diversify their investments, and real estate investment makes this a lot simpler.
Investing in international real estate will also help you avoid paying taxes.
In the long term, rental income will help pay the mortgage and provide benefits as an income source.
The effect of a country’s economy falling or rising can be mitigated by investing in different countries.
Investing in the Turkish real estate market will generate rental income while also providing a secure asset for future generations.
Choose Turkey for foreign real estate investment
Before deciding where to invest in Turkey, there are many factors to consider:
Is the country’s economy expanding?
Why do you want to invest in another country?
The properties predicted future value
Benefits that you will get as a result of your investment in the country
The currency exchange rate
The country’s capacity for high-yielding investments
Your financial state and budget
What property type are you searching for?
Investing in Turkey’s real estate
Turkey provides a friendly living atmosphere and a variety of other advantages to international investors.
The country has made significant progress in construction technology, housing, educational, and medical facilities. The ambiance, culture, cuisine, urbanization, and job opportunities all contribute to this coastal country’s allure.
Which location in Turkey should you choose?
Turkey is a large country with many appealing areas that have been built in terms of real estate, infrastructure, business opportunities, and lifestyle.
Expert research and industry dynamics indicate the following five top real estate investment locations in Turkey:
Istanbul is so well connected that it is just a 4-hour flight away from more than 55 countries worldwide. The new Third International Airport, a mega attraction for the country and the city of Istanbul, has been added to this, making travel more convenient. Istanbul is also Turkey’s main seaport.
Istanbul is on its way to becoming one of the world’s top five cities. The country’s economic strategy for 2023 contained all of the most appealing choices for making Istanbul the most attractive city as soon as possible.
Istanbul is the best city in Turkey for those who enjoy nightlife and modern facilities. Localities such as Kucukcekmece and Beylikduzu are bustling with nightlife while still being the safest places to live. It’s also worth noting that Turkey is one of the few countries in the world where foreigners can feel secure.
Kusadasi is known for its tourist attractions. A trip to Turkey is not complete without a stop in Kusadasi. Izmir Airport connects Kusadasi to Istanbul with a 55-minute flight. For a variety of reasons, this Turkish city on the Aegean coast has piqued international investors’ interest. Kusadasi’s nightlife rivals that of its western counterparts. Kusadasi’s nightlife has plenty of options, whether you’re looking for a romantic late-night date or a safe night out with friends on the beaches.
Kusadasi is a beautiful city with a beautiful atmosphere. It is home to two of Turkey’s biggest theme parks. The beaches, with their white sand, are beautiful to behold. A property in Kusadasi offers guaranteed income in the form of a holiday home, thanks to the city’s vast travel and tourism potential.
Turkey is known for its seamless blend of modern and traditional architectural styles. When it comes to real estate property in Turkey, Bodrum has the best architectural style. In the construction of many of the ongoing projects in Bodrum, traditional architecture is being used. And international investors are currently enamored with this mixed pattern of historic and contemporary design styles.
This peninsular location is also a popular tourist destination. Bodrum is renowned for its beautiful resorts and sailing and yachting spots. Furthermore, Bodrum also has a sizable number of foreign real estate property owners. The language and culture of Bodrum are welcoming, and the locals are fluent in English.
Antalya’s reputation as a dream destination for foreigners is not new. Over the past 60 years, this venue has consistently been the most attractive for foreigners. Antalya is a bustling city in and of itself. It also has distinct locations with a variety of ambiances to choose from.
Antalya has a pleasant climate, with the sun shining for about 300 days out of the year. Antalya’s two airports make it highly accessible to other cities. Antalya is the best place to visit if you want to live a peaceful and relaxed life.
After Istanbul, renowned for its ethnic diversity, Alanya is the next city on the list. The location is an outstanding example of a multicultural community. Yes, the place is a warm home for people from over 80 different countries. Alanya appeals to real estate investors in several ways. The rates, for the most part, are fair. Next, the location’s cleanliness and ambiance are both worth seeing. This beachside city has a pleasant climate. Tourists from all over the world feel at ease in this area. Another key factor that attracts foreigners and ex-pats to invest in real estate is its affordable and cost-effective living style. Alanya provides a global living experience for a fraction of the cost of living in every other Western or European city.