Turkey, a romantic nation spanning Europe and Asia, has pressed the "restart button" by announcing the resumption of work and production and the gradual opening of international routes. International buyers have also sparked an investment boom in Turkey, with its real estate market activity climbing steadily in 2020, even shifting into "acceleration" mode! Today, Turkey's booming real estate market has clearly become the next land of opportunity for international investors!
Currently, many institutions are optimistic about the prospects of the Turkish real estate market! Abdurrahman Kaan, President of the Independent Industrialists and Businessmen Association (MÜSİAD) of Turkey, stated that Turkey has shown strong resilience through its performance during this pandemic, with solid infrastructure across various industrial sectors, and that Turkey will become a highly attractive center after the pandemic. At the same time, the Turkish Contractors Association (TCA) has publicly stated that Turkey is expected to sell 60,000 homes to foreigners in 2020, a significant increase of 32% compared to 2019. CEIC data also shows that Turkey's house price growth rate and house price index are very impressive, with an average growth rate of 10.3% from 2011 to 2020. This may allow investors to see the development potential of the Turkish real estate market, further strengthening their investment confidence!
Meanwhile, in recent years, the Turkish government has introduced a number of policies to stimulate the real estate market, such as lower property purchase taxes, the optimization of digital land registration and cadastral management systems, and the reduction of title deed transfer fees paid by investors. These measures have not only enhanced the attractiveness of Turkey's real estate investment immigration but also actively encouraged international investors to enter the Turkish real estate market! For high-net-worth individuals looking to achieve overseas asset allocation, now is a good time to enter the Turkish market, given the favorable factors such as Turkey's stable economy, relatively mature investment environment, government interest rate cuts, and relaxed real estate investment immigration policies!
Turkey is currently a major geographical, demographic, and economic power in Eurasia among countries with open investment citizenship programs, and it is also a major G20 country with a low-cost investment citizenship program! Turkish real estate has significant development prospects, and the launch of the Turkey Citizenship by Investment Program provides global investors with an excellent opportunity for immigration investment and creating an overseas home! Currently, by processing the Turkey real estate investment project, investors not only gain property but also potential future value—Turkey is an EU candidate country, and once it successfully joins the EU, Turkish real estate will be upgraded to EU-member real estate! With the strong momentum of Turkey's economic growth, entering the Turkish real estate market now means promising future returns!
Currently, what are the reasons driving the popularity of Turkey's real estate investment immigration market?
What is the actual performance of the Turkish real estate market? Is it worth entering?
For interested investors, what should be noted regarding Turkey's real estate investment immigration?
With an investment of $250,000, can you buy a suitable property in Turkey?
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