Why Invest in Real Estate in Turkey?

Overview of Turkey’s Real Estate Market

Turkey’s real estate market has surged in recent years due to its strategic location and affordability. With properties available at relatively low prices compared to other countries, many international buyers are drawn to Turkey’s diverse offerings. Whether you are looking for a holiday home, a rental property, or an investment for Turkish citizenship, this market has something for everyone.

Economic Factors Driving Real Estate in Turkey

The depreciation of the Turkish lira has made it even more appealing for foreign investors, especially those coming from the Eurozone or Middle Eastern countries. Real estate in Turkey provides great value for money, and buyers can expect high returns on their investment over time.

The Benefits of Buying Property in Turkey

• Affordable Prices: Property prices are significantly lower compared to other European markets.
• Citizenship Opportunities: Purchasing property worth $400,000 or more makes you eligible for Turkish citizenship.
• High Rental Income: Rental yields in prime areas like Istanbul can reach up to 7% annually.

External Link: Guide to Turkish Citizenship by Investment