Real Estate Investment in Turkey

Safe investments in Turkey

Last edited:May 29 , 2023
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Safe investments in Turkey
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At a time when the Covid-19 Coronavirus appeared and spread rapidly in all countries of the world , the results seems to be an economic crisis that everyone might suffer from , and investors and businessmen worried about the impact of this economic crisis on their investments in the long run , that most sectors and currencies have been affected , and global financial markets have deteriorated .

On the other hand , the Turkish economy is characterized by its cohesion and strength in the face of global challenges and fluctuations , and that being a vital economy , it was and remains a subject of confidence among international parties interested in the economic issue , and among Turkish and foreign investors .

It is imperative that the health threat posed by the spread of the Coronavirus in the world is not an easy thing , but what is more dangerous than it is the impact on the economies of major countries and the opportunities for investment in them , and from here the serious research of the successful investor begins with suitable investment alternatives for him , and safe investments despite the circumstances.

 

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 provides an ideal choice for housing and investment . The project was built in three phases : the units of the first residential phase have been completed and fully sold , the second phase includes shops and a shopping center , while the third and final phase is a mixture of residential and commercial apartments .

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 area is close to transportation links that will take you to all parts of the city in a few moments , and you can easily access the main areas and sights 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 .

The project is located near the metro station and public transport .

The project is located in the Cendery Valley , among the regions of Istanbul that have gained the highest value .

The project is located next to Maslak and Levent , which provides a pleasant life with transportation opportunities .

The project attracts attention through its location close to shopping centers , arts , health facilities , transportation and education centers .

All the project details in this link : RH 163

 

In this article we will explain in details the types of safe investments in Turkey , which were not greatly affected by the crisis of Coronavirus .

 

 Real estate investments in Turkey 

The real estate market in Turkey in general , and in Istanbul in particular , is witnessing a significant recovery and development , witnessed by figures and statistics issued by the specialized institutions of statistics , where a previous statistic showed that the number of properties sold in Istanbul alone during only September of last year 2019 has reached 8 thousand and 347 properties , and the city of Istanbul is considered as one of the biggest selling points and the best types of real estate investment are available in Turkey , and the Turkish real estate market is within the budget of most investors , and the Turkish real estate market remains a safe haven for saving money in to many investors .

 

 What are the reasons that make real estate investment in Turkey safe in light of crises ? 

  1. High demand for real estate in Turkey : According to the Turkish Statistical Organization , more than 2 million homes in Turkey are sold per year , and about 45 thousand foreigners own real estate in Turkey annually .
  2. Turkey is characterized by the existence of attractive sites for real estate investment in all its forms and types , that Turkey occupies a large area of ​​the world , and is divided on the continents of Asia and Europe , and therefore its geography and nature vary according to the interests of investors .
  3. Real estate prices in Turkey are increasing encouraging annually , as the annual increase in the average real estate price in Turkey reached 10% , and in Istanbul , the annual increase in the average real estate price reached about 7% .
  4. Owners of real estate in Turkey have many advantages , including obtaining real estate residence in Turkey , and they can also obtain Turkish citizenship when purchasing a property worth $ 250.000 .
  5. The real estate market in Turkey has not suffered from any recession since 2002 , and has faced many crises without causing any damage , as Turkey has overcome the global financial crisis , as well as the attempted of July 2016 coup , and the recent crisis between it and the United States , in which the price of the Turkish Lira against the Dollar was affected significantly , and it will surpass the Corona crisis without any apparent impact on the real estate market in Turkey , as real estate in Turkey is not affected by emergency crises and it is a safe option to keep your money away from currency fluctuations , and the collapse of money and stock markets .

 

It is worth noting that the Turkish real estate market has not witnessed a significant decrease yet , especially if we take into account that the Turkish real estate market was in a state of recovery and a huge increase in demand , this coincided since the beginning of the summer season , which is witnessing an increasing demand for real estate in Turkey as a result of the influx of foreign investors and tourists .

The current global situation and the Corona virus crisis have resulted in a decrease in real estate prices in Turkey and the creation of real estate opportunities that may be difficult to obtain again , by buying and selling real estate online , as well as stopping the wheel of the economy and the global recession and declining the exchange rate of the Turkish lira may make it a golden opportunity for real estate ownership in Turkey .

Learn about Steps to buy a property without being in Turkey

 

 Investing in gold and precious metals 

Investors usually tend to gold and precious metals to save their money in times of crisis , and this method is considered as somewhat guaranteed , especially in Turkey , with stability in the current period regarding the exchange rates of the Turkish currency .

The gold market has recovered well during the last period , and here are some numbers and percentages for the price of gold in Turkey during the month of March 2020 :

Gold caliber

The price of a 1 gram in Turkish lira

24k gold

337.11 TL

22k gold

309.02 TL

21k gold

294.97 TL

18k gold

252.83 TL

14k gold

196.65 TL

12k gold

168.55 TL

10k gold

140.46 TL

 The average increase in gold prices in Turkey 

Daily change

0.04%

Monthly change

5.86%

Annual change

41.22%

 

The only challenge for gold remains that it is linked to the exchange rate of the Turkish lira against the dollar , and fears of low demand for gold in Turkey , especially with the imposition of strict measures to prevent the opening of stores and curfews in Turkey .

But in general , investment in precious metals is considered a safe investment in Turkey , and it comes second after real estate investment in terms of maintaining funds .

 

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 is located in one of the most famous areas on the European side of Istanbul , Bomonti district , a growing area that attracts the attention of investors at the moment , which is characterized by easy access to the most vital places in the city , and its proximity to shopping centers , airports , hospitals , universities and schools .

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 .

The project includes special facilities that provide residents with comfort and entertainment and meet all their needs such as swimming pools , gym, walking paths , sport courts and restaurants , in addition to surveillance cameras and security .

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

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