Ways to invest in real estate
- 19 October 2023
There are several opportunities for investment in real estate abroad, and one of the most attractive countries for such investments is Turkey. Due to its comfortable climate, cultural wealth and economic development, it offers a wide range of opportunities for investors. In this article, we will talk about the main ways to invest in real estate in Turkey and share tips that will help you make an informed and profitable decision.
Buying apartments in popular cities
Istanbul is the largest city in Turkey and the economic center of the country. Buying an apartment in its prestigious areas, such as Besiktas, Bakirkoi and Nisantasi, can be an excellent investment.
Antalya. This famous resort town attracts millions of tourists from different countries every year. Investing in any type of residential real estate in areas close to the main attractions, such as Kaleichi and Lara, can bring high returns.
Alanya. Located on the Mediterranean coast, the city of Alanya is also popular among tourists. The purchase of real estate for rent in this beautiful resort town can be very profitable.
Rent apartments on a short-term basis
Renting apartments on a short-term basis has become a popular and convenient option for many people. It allows you to rent a house for a short period of time, for example, for a few days, a week or a month.
Due to the large flow of tourists every year, renting apartments on a short-term basis in Turkey can be a profitable business. Placing your real estate on platforms such as Airbnb or Booking.com , will allow you to receive a stable rental income.
However, before deciding on this type of business, it is necessary to study the local rental market, monitor changes in supply and demand, and also pay attention to the legal aspects related to renting apartments for a short period in Turkey.
Purchase of commercial real estate
In addition to residential apartments, investing in commercial real estate offers excellent income opportunities. Buying shops, offices or warehouses in the city center or tourist areas, such as Istiklal Boulevard or Taksim in Istanbul, can bring stable rental income.
Investment Citizenship Program
Turkey offers investors the opportunity to obtain citizenship through the Citizenship Investment program. By purchasing real estate worth at least $250,000 and investing in banks, companies or government bonds, investors can become Turkish citizens and receive all the relevant privileges.
An important aspect of successful real estate investment in Turkey is cooperation with an experienced real estate agency. Professional agents will allow you to get access to the best offers on the market, inspect objects, provide all the necessary information about the legal aspects of the transaction, as well as provide support at all stages of the purchase process.
In conclusion, investing in real estate in Turkey can be a great opportunity to get a stable income and diversify your investment portfolio. Choose a suitable investment method for you, study the market and be sure to contact professionals. Don't waste your time and start your real estate investments in Turkey today!
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