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 ?
- 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 .
- 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 .
- 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% .
- 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 .
- 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