Real Estate Investment in Turkey – How to Make a Profit from Real Estate Investment

Real estate investment in Turkey.. The real estate market has gained a reputation for being the most guaranteed investment sector. It’s the safest way to make money and also the quickest.

In this article from Ebla Real Estate, we will talk about how to make high profits in the real estate world in Turkey.

An introduction

Turkey has become a preferred destination for foreign investors due to its strategic and economic importance, as well as being one of the most livable countries.

In this article from Ebla Real Estate in Bursa, we will talk about the most important and profitable type of investment in Turkey, which is real estate investment.

Why should you invest in real estate in Turkey?

Investing in real estate in Turkey achieves guaranteed results that are far from adventure and risk.
Moreover, the real estate market in Turkey is one of the best real estate markets due to the great successes and the high profits it provides to investors.
The strong economy which makes Turkey a pioneer in the field of real estate investments and urban transformation projects.
Taking advantage of the tourism factor, as Turkey is one of the most important ten countries in terms of tourist attractions in the world.
Furthermore, there are diverse options of real estate investment that meet all investors’ needs and desires.
The continuous and increasing rise in real estate prices in Turkey.
The ease of real estate ownership procedures in Turkey and the ease of Turkish laws
Government support for foreign investors in Turkish real estate.

Ways and tips to make high profits from real estate investment in Turkey:

Choosing an important city in Turkey, such as:

- Istanbul: as it is Turkey’s window to the world because of the location, development and the economy of it.
- Bursa: It is the fourth largest city in Turkey and one of the most livable cities in Turkey. Moreover, it is characterized by the urban transformation and the prosperity of the projects. In addition, it includes many historical and tourist attractions.
- In addition to other important cities such as Ankara, Antalya and İzmir.

Paying attention to the location of the real estate project:

The most important step before you buy property in Turkey is to choose the right location because the location greatly affects the success of real estate investment. Moreover, The location of the property plays an important role in evaluating its price and raising its future value. For example, Nilufer and Osmangazi districts of Bursa include new urban projects and residential complexes, which have a strong infrastructure and contemporary designs.

Proximity to service centers in the city:

The investor in Turkey must choose a property within a close distance to the service centers and vital facilities, such as universities, schools, markets, and hospitals, as well as the availability of transportation.

Dealing with reliable construction and real estate companies:

It must be an accredited real estate company that has offices with real estate consultants who have experience, professionalism and flexibility, in addition to legal and administrative skills.

Investors who want to get successful real estate investment should take advantage of opportunities and offers as much as possible.

Making sure that the property is suitable for investment:

In terms of quality, age of construction and condition of the property (under construction – ready to move in).

The legal status of the property:

Investors should know the legal status of the property before the purchase. Investors should verify that the property is away from suspicions and legal problems such as seizure, inheritance issues and loans. Moreover, the investors should ensure that the area, specifications, and information contained in the title deed are in line with the actual form of the property.

Tips for a successful real estate investment in Turkey:

Choosing an approved company that will help you to complete the purchase easily.
Taking the great offers and opportunities while they are available.
Doing real estate tours in the booming urban areas and comparing between available offers.
Finding the right property in the right place with all required specifications.
Considering the proximity of vital services and transportation.
Ensuring that the property is free from legal problems.
Studying the title deed of the property before completing the purchase transaction.
Ensuring that all information contained in the title deed is in line with the actual form of the property.
Considering the potential rent or the potential income of the property.
Considering the future vision of the property and the location of it.