Real estate in Ankara
Ankara is one of the Turkish provinces that has become a preferred destination for real estate investment. In this article from Ebla Real Estate, we will talk about real estate in Ankara.
Information about Ankara in Türkiye:
Ankara was declared the capital of Turkey on October 23, 1923. It is located at the heart of both Turkey and Central Anatolia. The city has a population of 5.1 million in its urban center and 5.7 million in Ankara Province,[6][4] making it Turkey’s second-largest city after Istanbul.
Ankara has an area of 30,000 square kilometers, with a height of 938 meters above sea level, and it ranks third in terms of area in Turkey.
Real estate in Ankara:
It has much more to offer than just government buildings, it is also home to many tourist attractions and monuments. Ankara is a good place to live with high ratings in cost of living, safety and leisure & culture.
Ankara has a well-developed infrastructure and transportation system, coupled with a rich cultural heritage and natural resources that make the city an ideal spot for buying real estate. It also has a range of hotels, resorts, universities and public buildings with well-established, state-of-the-art facilities.
Buying real estate in Ankara, Türkiye is a great investment opportunity for those looking to invest in Türkiye. Therefore, in recent years, the demand for real estate in Ankara has increased. Moreover, Ankara profitable projects in the city are highly preferred by domestic and foreign investors to achieve high real estate returns.
Reasons for real estate boom in Ankara, Türkiye:
Geographical location and political importance:
It is located at the heart of both Turkey and Central Anatolia. Ankara has a political importance as it is the official political capital of the Republic of Turkey.
Developed infrastructure in Ankara in Türkiye:
Ankara is well connected by a public transportation network system. Municipality buses, public buses, “dolmuş”, taxi and subway are among Ankara’s public transportation alternatives.
Moreover, the city contains a large group of famous universities locally and internationally. Among Ankara’s universities are: Hacettepe University, Middle East Technical University, Yildirim Beyazit University, Ankara University of Social Sciences, TED University and others.
Furthermore, Ankara is one of the best Turkish cities in terms of health. It has a large number of high-quality hospitals with developed modern equipment. Among the hospitals in Ankara are Medicana International Hospital, Gorgan Clinic, Güven Ankara Hospital, Acıbadem Hospital and others.
Infrastructure projects flourish in the field of developing and constructing hospitals, bridges, factories and hundreds of luxurious residential and commercial complexes.
Strong economy in Ankara in Türkiye:
Ankara is an important commercial and industrial city. It is the center of the Turkish government, and houses all foreign embassies. It is an important crossroads of trade, strategically located at the center of Turkey’s highway and railway networks, and serves as the marketing center for the surrounding agricultural area.
60% of Ankara’s area is arable, which is a good percentage, compared to the other cities of Turkey. Moreover, the share of added value in the private sector of industry in Ankara is more than 85% which generally includes small and medium enterprises.
It is worth noting that there are more than 3,500 companies registered in the Ankara Chamber of Industry. Moreover, about 48 of the largest 500 companies in Turkey are linked to the Ankara Chamber of Industry. Thus, it is the second industrial center in Turkey after Istanbul.
Living in Ankara in Türkiye:
Ankara is one of the most organized and modern Turkish cities. It has a developed infrastructure and various public facilities that increase the quality of life in it.
Ankara is constantly witnessing the migration of large numbers of Turkish citizens and foreigners because of several factors.
Advantages of investing real estate in Ankara, Türkiye:
- Developed infrastructure in terms of transportation, health, education and other sectors.
- Low costs, compared to other Turkish cities.
- In addition, Ankara is characterized by a high security and safety rate with a low crime rate.
- Buying a property in Ankara is a profitable investment opportunity.
- There are many options for investing in real estate in Ankara to achieve high financial returns.
- The luxury of modern residential complexes with its various service facilities in the most vital locations in Ankara.
- The quality of construction projects in Ankara and the standard specifications in several aspects, such as designs, finishes, and others.
- The constant increase in the value of real estate due to the increase in demand for it.
Thus, investing real estate in Ankara is feasible. For various options of real estate investments, do not hesitate to contact Ebla Real Estate.
Edited by: Ebla Group Real Estate
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