Industrial real estate in Bursa
Investing in industrial real estate in Bursa is one of the most successful real estate investments and opportunities as we will see in this article from Ebla Real Estate.
Industry in Bursa:
Bursa is the first industrial city in Turkey in several areas such as manufacturing and assembling cars in addition to the furniture industry, the textile industry, and many other industries.
What also makes Bursa a major industrial city is that it includes the port of Mudanya and the port of Gemlik.
Moreover, the Turkish city of Bursa contributed in the field of cars and textiles, with an amount of 5 billion 199 million 557 thousand dollars during the first four months of the current year 2023.
According to the Exporters Council in Turkey, the exports of Bursa reached 180 countries, free zones and regions, during the period between January – April 2023. Furthermore, Bursa’s exports during the 4 months showed an increase of 0.5 percent compared to the same period last year.
Industrial real estate in Bursa:
Considering the city’s rapid growth and developing infrastructure, Bursa is becoming a preferred destination among foreign investors. Moreover, Bursa offers a wide range of industrial real estate that provides excellent investment opportunities to all investors.
Based on the multiplicity of industrial real estate in Bursa and its strategic location in the organized industrial zones, investors buy empty real estate and establish new factories or stores. In addition, some of them invest in ready-made industrial real estate in Bursa and achieve immediate high profits.
Conditions of industrial real estate in Bursa:
- Obtaining a residence permit in Türkiye.
- Investing in a value not less than the minimum stipulated by law.
- Issuing a tax number in the name of the company and registering it in the state records.
- In addition to opening a bank account in the name of the company.
Investment opportunities in industrial real estate in Bursa:
- Investing in the automotive and spare parts industry.
- Investing in the field of textiles and clothing.
- Investment in the furniture sector.
- Industrial investment in the field of electronics and electrical.
- Investment in the food industry
- Investment in the iron and steel industry.
Advantages of investing in industrial real estate in Bursa:
- Bursa has the largest organized industrial zone in Bursa.
- Furthermore, industrial real estate is characterized by its vital location suitable for industrial investment.
- Industrial product quality in Bursa.
- The ease of exporting industrial products in Bursa and its great popularity locally and internationally.
- Exemption from value added tax when purchasing industrial real estate.
- Exemption from real estate tax for a period of five years when establishing an industrial facility.
- Moreover, the industrial establishment is exempted from municipal tax.
- Discounts on industrial products export taxes.
- In addition to the possibility of obtaining Turkish citizenship by investing in industrial real estate if the investor buys a property worth 400 thousand dollars, or the amount of industrial investment exceeds 500 thousand dollars, or he employs 50 Turkish citizens in his industrial facility.
For investing in industrial real estate in Bursa, do not hesitate to contact Ebla Real Estate.
Edited by: Ebla Group Real Estate
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