Real estate investment in Turkey 2020
Many investors are looking for new markets for investment , a large number of these investors are heading today to Turkey for its economic , social and geographical position , and many investors prefer the real estate sector for its huge profit and low risk , as it is considered as one of the safest and most stable sectors .
And in terms of encouraging investment , foreigners has a lot of opportunities to invest in Turkey in all fields and by different means , through the law issued on the date of 18 May 2012 , where the principle of reciprocity has been cancelled between Turkey and other countries , and it is now possible for foreigners of most nationalities to own and invest in Turkey directly .
Real estate investment was and still is one of the most profitable types of investments , due to the basic human need for housing , but anyone who wants to invest in this real estate field in Turkey must be fully aware of all its aspects , or buy real estate through one of the trusted real estate companies , in case that you do not have any experience in the real estate sector or don't have a sufficient knowledge about Turkey , this will ensure that you invest your money in a profitable environment , and be patience and do not rush to achieve the best profit , and due to the huge diversity in this area , you must determine the type of real estate investment that suites you , after doing a balance with the financial amount that you would like to invest .
We at Right Home Real Estate Company in Istanbul provide you with the opportunity to purchase your dream home in Turkey and invest your money in the real estate field by offering the appropriate options to you , and under the supervision of a legal team on all procedures to guarantee your rights .
What are the types of real estate investments ?
- Quick profit investments :
In case that you want a real estate investment that returns you with profits in a short and fast time , we recommend that you go to buy apartments in Turkey , preferably either in the city center or in the developing areas that witness a number of infrastructure projects , taking into account the presence of public transports and service places near this apartment , will make the period of selling and making profit from this investment faster .
This type of investment confirmed its success after the great profit that it achieved recently , and the profit rate in it may reach approximately 10% when selling the apartment .
Also , offices has a great ability to make a profit , due to the increasing number of companies and the emergence of the term entrepreneurs , and the need of all private companies for offices , so we recommend buying an office in one of the buildings and administrative complexes and renting or selling it , and commercial real estate is a guaranteed option for quick profit also , as malls become a destination for everyone , we recommend that you own a commercial property , such as buying or selling a medium or small store .
- RH 80- apartments with Bosphorus view and suitable payment plans in Sisli
A first class residential and investment project in the center of Sisli , specifically in the fast growing Bomonti area .
The project location is just 8 minutes away from Taksim .
This project has been designed in line with the highest quality standards in real estate in Turkey .
All apartments have private balconies with views of Istanbul or the Bosphorus .
Invest in this project today and benefit from its prices which will increase by 40% after the completion of the project .
All the project details in this link : RH 80
- Permanent investment :
Leasing is considered as an ideal way for continuous profit , as many people are going to rent apartments in Turkey , either to have a house during the period of study residence , and we recommend here that apartments be purchased for investment in Turkey in areas close to universities , or for the purpose of residence for work , and we recommend that the apartment be close to the commercial areas and business centers in the city , and this type of apartment is spread in large commercial cities such as Istanbul , due to the large number of employees , workers and students in it .
- RH 98 - Ready to move project in a distinctive location in Basin Express
It is a housing project in Bagcilar district . The project built on a land area of 20.000 square meters and it consists of 17 blocks that contain 342 apartments and 60 shops .
The project offers housing units with various options ranging from 1+1 , 2+1 , 3+1 , 4+1 and 60 shops .
In this project , the exterior design is elegant and distinctive . The residential units are distributed into three high buildings that will give you a wonderful view .
The distinctive location of the project near to Basin Ekspres main road and the essential services .
The project constructed at an easy access point to TEM Motorway , E5 Highway and the airport .
For more details about the project : RH 98
- Long-term investments :
Patience is the first and last advice in case you want to go into the field of long-term real estate investment , and agricultural land is considered as the best way to achieve a large profit , but it requires a deep study and long experience in the field of real estate , we must take into account the ability of this land to enter into Real estate regulation , and that this land should not be more than 12-14 km away from the city center , because cities in general expand this amount every 10 years , which will double the price of this land if it enters the construction area , and construction will guarantee you after entering the construction area fictional profits .
- RH 163 - One of the best projects in Maslak , ready for housing with a view of Belgrade Forest
Apartments for sale in Istanbul in a huge project like a full-service city , which includes a shopping center , 5-star hotel and integrated social facilities .
The project is located on the European side of Istanbul , specifically in Maslak , one of the largest real estate development areas in the city .
Maslak is one of the main central districts of Istanbul and it is one of the fast-growing areas of the city .
Maslak is the ideal area for investment in Istanbul , where it promises high profits and high returns on investment in a few years .
The project is located only minutes away from Taksim and Levent , not more than 5 minutes from Bosphorus , and 25 minutes from Istanbul's third airport , which gives it strategic and investment importance .
All the project details in this link : RH 136
4. Investing to obtain Turkish citizenship :
Real estate investment is one of the easiest and guaranteed ways for investors who want to obtain Turkish citizenship , and the Turkish government encourages this type of investment , as it has facilitated the conditions for obtaining Turkish citizenship by purchasing a property in Turkey , and has reduced the minimum price of the property from $ 500.000 to $ 250.000 .
It is known that the interest of Arab and foreign investors in the real estate sector in Turkey witnessed a remarkable transformation and growth after this decision , and the real estate sector is still in continuous growth since then .
When purchasing a real estate , or a number of properties whose value is not less than $ 250.000 , you can apply for Turkish citizenship to the ( Land Registry Office ) , which is the General Directorate for Land Registry . This method is considered as one of the fastest ways to obtain Turkish citizenship , after which this request is sent to be used in the Ministry of Environment . The property's value is also verified by officials , as they will assess whether the property's value is $ 250.000 or not . And what you must know that you cannot sell this property for at least three years , and the ministry write down this decision , not to sell the property for three years , on the title deed , then the requests are sent to the authorities that are responsible for granting Turkish citizenship . Turkish citizenship is granted to the owner of the property , his wife and children under the age of 18 .
Advantages of investing in Turkey :
- Turkey usually treats the foreign investor in a way that is close to the local investor at a rate that may reach 100% , which is one of the most important advantages of investing in Turkey .
- The Turkish economy is among the most economies around the world that have a brilliant future . Expectations indicate that during the next ten years it will become one of the fastest growing economies around the world , because of its attraction of $ 15 billion in foreign investment annually , and the amount increases every year , as it is the sixteenth economy around the world .
- The population of Turkey helps to invest money , as the population of Turkey is 77.7 million , and Turkey is the largest in terms of youth in relation to the European Union , not only that , but also that its population of young people enjoys a high degree of culture and education .
- The infrastructure in Turkey has advanced high technology in all the things that a successful investment requires from transportation , remote means of communication and advanced marine transportation facilities and is characterized by its low cost .
- Low corporate income tax from 33% to 20% , and technological development areas and free and industrial areas are characterized by incentives and tax benefits, there is a total or partial exemption from corporate income tax , Turkey is characterized by laws that support innovation , research and development .
The incentives offered by the Turkish government to foreign investors :
As the Turkish government provides facilities and incentives for foreign investors who want to invest in Turkey , and through this it gives them the right to obtain Turkish citizenship according to several conditions :
- When buying a property in Turkey with a value of two hundred and fifty thousand dollars at least $ 250.000 , provided that the property is preserved and not sold for three years .
- When investing in fixed capital with no less than five hundred thousand dollars , $ 500.000 .
- Turkish citizenship is granted to foreigners who show a document proving that they have deposits in the bank with a value of no less than five hundred thousand dollars , $ 500.000 , and that the deposits remain in the bank for a period of three years .
- Turkish citizenship is granted to foreigners who prove that they have purchased borrowing bonds from the state , provided that these bonds are not sold for a period of three years .
And those who obtain Turkish citizenship enjoy many advantages , including :
- The strength of the Turkish passport , as the Turkish passport ranks 39th globally , giving its holder the right to enter 72 countries without a visa .
- Turkish passport and Turkish nationality are processed and delivered in a relatively short period of up to 30 days .
- Turkey's relationship with the European Union , where negotiations and agreements are still ongoing between the Turkish government and the European Union countries regarding Turkey's accession to the European Union . Turkish citizens have the right to enter Europe without a visa in the future .
- The ability of Turkish passport holders and Turkish citizenship to benefit from retirement programs as a Turkish citizen .
- The Turkish government provides free education and payment plans to the university for holders of Turkish passport and Turkish citizenship .
- The Turkish passport gives its holder all voting rights for all types of elections in Turkey .
- The Turkish government allows dual citizenship for those who hold Turkish passports , as they can also have dual citizenship .
- The Turkish passport has a validity of 10 years upon receipt and can be renewed for life .
- The economic importance of Turkey , including the ongoing reforms undertaken by the Turkish government with the aim of always reviving its economy .
Learn about the laws and news of Turkish citizenship from the following link : Turkish citizenship