Many people ask us “why should we invest in real estate in turkey?” Or “We don’t think Turkey is a good option for us”. Let me be clear and give you the main reasons of why you shoud invest in this country and specifically in real estate.
- The first reason is the law about reducing of the investment amount for the purchase of properties for citizenship in Turkey and the growth of sales. If earlier, in order to obtain Turkish citizenship, it was necessary to buy a property for at least $ 1 million. In 2019 it is possible to obtain citizenship if you will invest just 250 thousand dollars.
- The second reason is the development of tourism sphere and growing in popularity of recreation in Turkey. A big plus of Turkey is a developed tourism sector. Turkish people know a lot about the provision of services. In 2018, the country was visited by more than 40 million tourists – a new record. Every year more and more people are interested to rent apartments instead of staying in hotels, that’s why it is profitable to give for rent properties.
- The third reason is economic growth. Despite the change in exchange rates since autumn 2018, Turkey continues to be one of Europe’s leaders in economic growth. The government introduced various regulation measures of the situation on the foreign exchange market. For example, as soon as the dollar against the Lira rose, there was a ban on the increase in the cost of some products. Assistance was provided to private business, banks reduced interest rates on loans. In Turkey, at the moment there is a significant decline in the Euro and the dollar against the Lira. It develops not only the tourism sector, but also agriculture and industry, expand the old and establish new export relations.
Developed economy, affordable prices, demand for recreation, assistance and support of the government, It is enough for you to Convince that turkey is a good option for real estate invesment, Right? .