In 2024, Turkey continues to demonstrate its strong appeal as an investment destination, building on a notable history of growth. The foreign direct investment (FDI) landscape has evolved significantly since 2021, when FDI volumes surged by 81% to a record-breaking $14.2 billion. This marked the highest inflow of foreign investment Turkey had seen since 2016.
Burak Daglioğlu, President of the Investment Office of the Presidency of the Republic, recently updated Anadolu Agency on the state of foreign investments in Turkey. He highlighted how Turkey’s FDI climate has evolved since 2021, offering insights into current trends and future expectations.
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Daglioğlu reflected on the global FDI landscape, noting a substantial 35% decline in 2020 due to the COVID-19 pandemic. Despite this, Turkey experienced only an 18% decline, one of the most moderate in the world. This resilience underlines Turkey’s robust economic fundamentals and its growing attractiveness to international investors.
He further detailed the distribution of foreign investments into Turkey: 60% from Europe, 24% from Asia, and 16% from America. The leading investor countries include the United Kingdom, the United States, the Netherlands, Switzerland, the United Arab Emirates, Germany, Luxembourg, South Korea, Japan, and Ireland.
He also mentioned that 309 merger and acquisition deals took place in Turkey during 2024, and that 50 of these transactions included the purchase of local shares by international companies, with a value of 22 billion liras (about 1.6 billion dollars).
Daglioğlu explained that Turkey, with its strong, resilient, and fast-growing economy, provides access to global markets with its cross-site with Europe, Asia, and Africa, as well as investor-friendly policies through which it attracts sustainable international direct investment.
He added that Turkey always keeps its doors open to all investors who want to invest with the motto of "Profit together".
"Turkey promises investors a friendly business environment, supports this promise with the successful reforms it has implemented with its strong political leadership since 2003, and continues its reforms rapidly," he added.
Real estate investment in Turkey
The city of Istanbul is in a constant state of urban development and growth, where real estate projects, infrastructure projects and mega projects worldwide are increasing day by day.
This growth is considered an attractive factor for many who are looking for a solid land in which to build their investments and guarantee their profits in the long run. The longer you keep the properties, the more their value will increase, and your profit will increase when appraising and evaluating the property, and one of the biggest advantages of owning investment properties is the fixed and regular rental return.
The best areas to buy a property in Istanbul in 2024
Asian side of Istanbul
- Umraniye area
Umraniye is considered the center of Asian Istanbul, and it is an investment and residential area par excellence, its real estate projects are growing day by day, and it has gained a reputation and fame among foreign investors because of its investment importance and increasing value.
Umraniye area is characterized by the presence of the Istanbul International Financial Center, which added a great impact and contributed to transforming Umraniye area into a center of attraction for promising investments in Istanbul, making it at the forefront of the leading investment areas on the Asian side in particular and in the whole of Istanbul in general.
One of the reasons that makes Umraniye area suitable for investment as well, is the rapid increase in the population of the area, and this has caught the attention of those who invest in real estate in recent years.
Besides, the presence of Uskudar Metro and easy access to and from the area made it Istanbul's Asian center and led to the rapid rise in real estate prices and investment rates.
As for transportation, the opening of the Uskudar - Umraniye - Çekmekoy - Sancaktepe metro lines was a qualitative leap for the residents of the area and for those wishing to move and live in Umraniye neighborhoods. The transition from Umraniye to the Uskudar area takes only 12 minutes, and the access from Umraniye to the European side of Istanbul takes no more than 20 minutes, and since the start of the new metro line, the area has witnessed a great demand that was reflected in the rise in real estate prices and the increase in the investment budget significantly.
The special thing about Umraniye is the Istanbul International Financial Center project, which is set to be an international financial center with first-class commercial and office districts and aims to be the international pioneer of innovative and sustainable development. As soon as the construction work of the Istanbul International Financial Center project began, there was a significant increase in real estate investment rates in this area.
RH-524 Apartments for sale at Sinpaş Koru Aura project istanbul
- The project is located in Istanbul, Asia, in the Umraniye district, next to the financial center
- It was built on 23,000 square metersland area, green spaces represent more than 70% of the total area of the project.
- It consists of 5 blocks with 530 apartments
- Apartment options vary from 2 + 1 up to 5 + 1 with different sizes, as the apartments’ spaces range from 111 square meters to 267 square meters
- At Sinpaş, the evolving requirements and needs of a healthy life are also taken into account.
- All residences have large balconies designed to make the most of the sunshine intake indoors.
- One of the first projects in the project is "orchards" designed at a depth of 3 meters, allowing apartment owners to grow vegetables and fruits themselves.
For more information about the project and available apartment options, please contact us.
- Kadikoy area
Kadikoy is considered one of the very important areas in Istanbul, and one of the most famous and most visited tourist areas. It is also considered a residential area and a commercial center in Asian Istanbul.
The distinctive location of Kadikoy plays a major role in determining the value of the area and its investment importance. Most of the residential projects in Kadikoy overlook Marmara Sea, which gives it a competitive advantage over the rest of the Asian areas of Istanbul. The presence of recreational facilities and tourist attractions in the area has also increased the desire of foreigners to invest in Kadikoy, rather than other areas. If you prefer a life of luxury, sophistication and development, your home awaits you in Kadikoy.
Turkish real estate market experts expect that Kadikoy will witness a huge real estate investment leap in the near future, as real estate projects are growing at a tremendous speed with high-level architecture and designs.
In addition, Kadikoy is a suitable area for housing, as it is served by all the basic services that ensure residents meet all their needs, and it is very close to Sabiha International Airport.
RH 373- Apartments for sale at Four Winds project istanbul
- High-end residential project in the heart of the Asian side of Istanbul just next to Baghdad Avenue.
- You will experience living in the best part of the city.
- These residential apartments designed to offer you a life surrounded by the green scenery in the center of the city.
- Living near Baghdad Avenue will add value and pleasure to your life, where shopping stores, 5-stars restaurants, art centers and other activities will be part of your day.
- The project built on a land area if 44.000 Sqm, and it includes 41.000 Sqm dedicated to green areas.
- The sweeping view of Princess Islands and the marine will be your day and night favorite painting.
- An exclusive life ensured by details that brings life to perfection is waiting for you.
- With its social facilities on an 8.000 Sqm land, 16.000 Sqm recreational area, and 8.500 Sqm land allocated for social and cultural facilities, the project is created considering each and every detail for the quality of your life.
- All services that you would need are available in this project from gym to SPA to Turkish bath and many others.
- Thanks to the children's playgrounds together with the playrooms for babies and infants allowing your children to play in a safe environment.
For more information about the project and available apartment options, please contact us.
European side of Istanbul
- Sisli area
A central area, it is the vibrant heart of Istanbul, the center of business and luxury projects. It is one of the oldest areas of Istanbul and includes the most famous and most prestigious neighborhoods of Istanbul, such as Nisantasi neighborhood and Bomonti neighborhood. Sisli is also characterized by the presence of the most luxurious international hotels such as the Hilton and Ritz-Carlton, and it is also the choice of tourists where there are shopping centers that contain shops and boutiques of the most famous international brands, such as Zorlu Center Mall, Istinye Park Mall and Cevahir Mall.
The area is characterized by its proximity to the Bosphorus, and most of Sisli's projects and towers have a wonderful view of the Bosphorus, which is a competitive advantage as it is the only central area on the European side of Istanbul that includes apartments overlooking the Bosphorus.
Sisli is also one of the most fully serviced areas in terms of public transportation. The Metrobus line, the most important means of transportation in Istanbul, passes through it. It also has a share of infrastructure projects such as tunnels and bridges that facilitate access to and from the area, in addition to the availability of basic services. For the residents, it has a number of universities that provide the best educational services, luxurious hospitals and other basics that the residents need.
The most important factors that make Sisli a highly desirable area is that it is the best option for investment, as it includes relatively few new projects, and therefore real estate prices are constantly rising, demand is high, and supply is low.
RH 131 - Apartments for sale at Queen Istanbul project
- It Is a unique designed project equipped with newest living facilities for those who want to live a modernistic lifestyle.
- In this project, you can meet your daily needs from dry cleaning, tailor, hairdresser, cobbler, supermarket and pastry shop.
- You will enjoy the luxurious life you chose for yourself while having your breakfast or having a coffee on your balcony.
- The project has a lounge at the 48th floor with an incredible view of Istanbul.
- This project will captivate you with its strategic location, right next to Dolmabahce Tunnel and next to Istanbul’s most central districts that you can reach only within a few minutes such as Taksim, Nisantasi and Besiktas.
- The project located in Sisli near to Istanbul's culture, arts and entertainment centers.
- It is a popular location, where all transportation options are available in there.
- It is near to hospitals, schools, shopping centers and other essential services.
For more information about the project and available apartment options, please contact us.
- Kagithane area
Kagithane area is a magnet for real estate investors, as it is very promising for real estate investment in Istanbul, as it is a newly developed area, which is being developed and reconstructed, and slums and old buildings are transformed into modern neighborhoods and high-end complexes so that they are appropriate and consistent with their neighboring areas. It is located close to the luxurious central areas such as Sisli, Levent and Maslak. The Turkish government is also working on developing the area's infrastructure and expanding the transportation network, metro lines and tunnels. In the previous year, the budget for the fiscal year of Kagithane municipality was set at 401 million and 563 thousand Turkish liras, 40% of the budget was allocated for investments and 30% for social work, so everyone asserts that the area will have a promising future.
Kagithane area is characterized by its proximity to the center of Istanbul, so it is desirable, as it is the cheapest alternative to the center of Istanbul, and the investor can achieve monthly and annual returns if the property has the elements of a profitable investment.
Kagithane area, unlike other areas, does not include many tourist attractions and is not located near the sea or the Bosphorus. As we mentioned at the beginning, it is the closest area to the city center and the real estate prices are affordable.
RH-575 Apartments for sale at JB Prestij Yeni Levent project istanbul
- Land area of 2,504 sqm with a construction area of 25,700 sqm.
- 210 exclusive apartments across 14 floors.
- Dedicated 4 parking floors.
- Apartments available in 1+1, 2+1, 3+1 and 4+1 types.
- Modern Apartments with open kitchen layouts.
- Fully furnished options for a turnkey investment.
- Central heating system with underfloor and side distribution.
- Amenities include a GYM, Sauna, indoor parking, and rooftop BBQ area.
- 24/7 security with surveillance and personnel.
- Prime location, a 4-minute walk to Seyrantepe Metro and 8-minute drive to Vadi Istanbul Mall.
- Under construction, completion end of 2025
For more information about the project and available apartment options, please contact us.
