Best real estate investment areas in Turkey – Top cities to invest in Turkey
The best real estate investment areas in Turkey.. Turkey is one of the favorite countries for foreign real estate investors. While investors think about real estate investment, the first question that pops up in mind starts with “Where?”. In this article from Ebla Real Estate, we will talk about the best real estate investment areas in Turkey.
An introduction:
The real estate market in Turkey has gained a reputation for being the most guaranteed investment sector. It’s the safest way to make money and also the quickest.
One of the most important factors to make a successful investment in Turkey is to choose the right destination to start your real estate investment. As the importance of the location and the city plays a big role in determining the value of the property.
The best real estate investment areas in Turkey:
Istanbul:
It is the largest city in Turkey and the most populous, located in the northwest of the Marmara region. It is among the best real estate investment areas in Turkey. Even though the capital of Turkey is Ankara, its main economic, financial, educational and touristic hub is Istanbul.
According to the Turkish Statistical Institute (TUIK), İstanbul ranked first with the highest number of house sales with 276.223 houses in December 2021. There are many reasons for this high demand.
The importance of Istanbul and the reasons for the high demand for real estate in Istanbul:
- The strategic and geographical importance of Istanbul, as it represents a link between the continents of Europe and Asia.
- It is also considered Turkey’s gateway to the world.
- The city has everything you are looking for in the palm of your hand.
- Moreover, Istanbul has a well-developed infrastructure and transportation network.
- Furthermore, it has a strong economy which is one of the best in the world.
- The tourist and historical position of Istanbul, where millions of visitors and tourists visit it from all over the world.
- In addition, the new projects in Istanbul are generally designed with modern features suitable for a contemporary and sustainable lifestyle with a full range of facilities.
- Thus, Istanbul is one of the first major cities to be on the throne of Turkish cities in terms of investment feasibility in the Turkish real estate market.
Bursa:
It is one of the largest cities in Turkey, located northwest of Turkey in the southern part of the Marmara region. It is among the best real estate investment areas in Turkey. Moreover, Bursa is one of Turkey’s most important cities in terms of economy. It is of great importance with its natural resources and historical heritage. In addition, it has good real estate investment value.
The importance of Bursa and the reasons for the high demand for real estate in Bursa:
- Bursa is one of the most livable cities in the world.
- Moreover, the Turkish government provides great support and facilities for foreign investors in Bursa.
- Furthermore, Bursa has a great tourist and historical importance.
- Bursa also is witnessing urban transformation and unprecedented urban prosperity.
- In addition, the high interest in the city of Bursa creates a great opportunity to get high return on investment.
Ankara:
Ankara has a high investment value due to its political position as the administrative and political capital of the country. It is the second most populous city after Istanbul, located in central Anatolia. It is also among the best real estate investment areas in Turkey.
Ankara is an important crossroads for trade and forms a major junction in the road network of Turkey. Furthermore, there is a great interest in all sectors in Ankara, including health, education, economy and others. Additionally, Ankara offers an abundance of services that include all areas of life.
In addition, it ranked 10th in the world in increasing the investment value of its properties during 2021. Ankara is also among the most important Turkish states and the most active in the Turkish real estate market.
Antalya:
It is one of the most famous tourist cities in Turkey, located on the Mediterranean coast in southwestern Turkey. It is among the best real estate investment areas in Turkey. Antalya attracts a lot of foreigners, especially Europeans and Russians; This led to a high demand for the sale and rent of real estate.
It has become a preferred destination for living and stability for many, especially for the lovers of the sunny spring weather. Thus, the real estate market in Antalya has witnessed a great booming in the past five years and has become an excellent real estate investment destination like the rest Turkish cities
Property ownership experts classify Antalya as a city that thrives on investment real estate opportunities.
Sakarya:
Sakarya is one of the best real estate investment areas in Turkey. . Moreover, it is one of the most prominent provinces in terms of both historical and natural beauties. Additionally, Sakarya is a quiet city close to Istanbul.
It has gained its investment value because it is close to Istanbul. There is a high demand for real estate in Sakarya especially after discovering the natural gas field off its shores
Trabzon:
It is one of the most prominent tourist and historical cities in Turkey, located in the northeast of the country on the Black Sea coast. It has charming landscapes, and it has a very extensive historic area extending into prehistoric times.
Moreover, it is a destination for tourists and investors. The investment value of the real estate in Trabzon ranks fourth among Turkish states.
Thus, we talked about the best real estate investment areas in Turkey.
Edited by: Ebla Group Real Estate
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