Advantages of buying property in Turkey 2022

We mentioned earlier that the real estate market in Turkey is the strongest in global real estate investment and that the year 2022 will bring a leap, qualitative leap for real estate in Turkish cities, especially the economic capital Istanbul. The factors that added an excellent investment template to Turkish real estate, and are welcomed by foreign investors, are multiple, including the various seasons, the robust infrastructure, the economic wheel, and the appropriate real estate foundation. Turkey is an investment platform that Deal Real Estate always welcomes, so we must inform you about the most important advantages of buying homes in Turkey. Before accessing the features directly, it is necessary to install the image of the Turkish real estate market so that the article will be an accurate compass before making the appropriate decision to buy a property in Turkey after the end of the most muscular Covid 19 wave in 2021. With Turkey's economic plan, the wheel of liquidity, travel, and savings returned to the front, which revived the movement of real estate. According to real estate specialists, banking facilities and loans impacted the increase in demand by about 50%, which restored the sector's recovery. At the same time, the Turkish lira crisis against the dollar led to a continuous rise in real estate prices in Turkey, and it calmed somewhat in the last quarter of December 2021.

Prices of apartments in Turkey in 2022

Turkey is still achieving high numbers in real estate sales, as the Turkish Statistics Authority indicated that the real estate sector in Turkey recorded an increase in the number of housing units sold to foreigners during November 2021 by 48.4%, compared to the same month last year.

And 178,814 housing units were sold last November, including 7,363 to foreigners, according to the Turkish Statistical Authority.

The Iranians came first with 1,406 housing units, followed by the Iraqis with 1,075, and then the Russians with 836.

While the sale of housing units to foreigners increased by 39.4% between January and November, compared to the same period last year, reaching 50,735 housing units.

House prices in Turkey vary according to the nature of the place, the idea of ​​the project, and the quality of the construction company, but most of the time, homes in Turkey in the city center are more expensive than homes in remote areas because of their proximity to public transportation such as metro and internal buses, and proximity to work centers.

Rural and suburban homes are no less critical than city homes, as they have unique and distinct characteristics. They are quiet and simple and embrace a healthy and pure rural environment, far from crowding and crowding in cities. The features of Turkish heritage and authenticity also characterize them—the beautiful traditional life.

Granting Turkish citizenship as a primary incentive law to buy a house in Turkey

Real estate in Turkey occupies a large part of government support, as the Turkish government supports the factors for the advancement of the real estate sector in Turkey and its direct relationship with the renaissance of the rest of the sectors in Turkey. Therefore, the Turkish government works to attract capital and large investors and motivate them to buy and invest in Turkey through a group of Kan facilities. Notably, A law granting Turkish citizenship to foreign investors through real estate investment in Turkey within clear conditions.

Read more about the advantages of Turkish citizenship.

a Decent standard of living

Many choose Turkey as a suitable destination for living because of its affordable prices and relatively cheap living costs, with a solid infrastructure that enables it to compete with European countries, in addition to its real estate diversity, as Turkey is considered one of the wealthy countries that mix the civilization of Europe and the civilization of the East. Moreover, it is still Keeping pace with the development and the latest global developments in various fields of life until the moment, so Turkey is witnessing a substantial real estate diversity that moves between apartments, huge complexes, houses, villas, hotels, malls, shops, and land.

Successful investment after buying houses in Turkey

The various factors like the real estate market in Turkey from a specific and strategic location, with views of the Bosphorus at one time and at other times the Beykoz forests, sustainable economic dynamism, and a government aware of the importance of real estate investment, stimulating and supporting despite any crisis experienced by the Turkish currency, Or you may pass by it, as homes in Turkey are still characterized as a profitable and prosperous investment, as the Turkish market is rich and with multiple options. Hence, its sources of profits achieve enormous money and wealth.

Watch the most important projects of Deal Real Estate with a view of the Bosphorus.