Real estate investment in Turkey has succeeded in achieving the first place among investments in Turkey. This success is due to many factors, especially the factor of government interest in the real estate sector and in real estate investment in Turkey, where the real estate sector in Turkey has grown significantly and flourished with many investors turning to Turkey to invest in it
Real estate investment in Turkey ranks first among investments
Among the investment trends that have gained the most investor satisfaction, Real estate investment in the first place, According to the study conducted by the Financial Office of the Presidency of the Republic of Turkey, Where real estate investment in Turkey has surpassed other types of investment, Because of its low risk, Higher profits in the medium and long term.
According to a study conducted by the Financial Office of the Presidency of the Republic of Turkey, Under the title “Studying the perceptions and financial positions of the Turkish people”, it stated that real estate investment in Turkey ranked first, Among the most satisfactory investment trends for the investor, by 81 %.
The study was conducted on the results of the questionnaire, in which 15 thousand and 41 Turkish citizens participated. Where this questionnaire is based on calculating the percentage of satisfaction of the mass studied, On the various investment methods and trends, Real estate investment ranked first with a satisfaction rate of 81%.
After real estate investment in Turkey, investment in gold came in second place. a satisfaction rate of 76%, The third place was in the share of investment in deposit accounts in Turkish lira. a satisfaction rate of 72%, Followed by investment in the currency in fourth place, A satisfaction rate of 71%.
Experts in economic affairs attributed this superiority. Real estate investment has been attributed to many factors, The most important ones: No loss in the investment value of the property, and increasing its investment value over time, Also, real estate investment can provide the citizen with a “shelter need” in conjunction with being a profitable investment.
Real estate investment in Turkey is the safest
Mr. Mahmoud Iqbal said, Chairman of the Board of Directors of the Fuzul Group active in the real estate sector, In a media statement he gave to Anadolu Agency, commenting on the study that was conducted: “This study confirms that real estate investment in Turkey is a safe haven, And that it is preferable to investing in gold, currency, etc., This is what real estate sales in the past eight years testify to. In which we won the championship role on the European continent, The rise in real estate prices in Turkey in recent years is witnessed by it. Which, according to Central Bank statistics, has tripled in the last ten years.
Real estate investment in Turkey is the first despite Corona
Tamer Ozyurt, director of one of the companies operating in the construction and real estate sector in Turkey, commented on the study, saying: “The real estate sector has maintained its superiority in investor satisfaction, Even during the coronavirus pandemic, Which is considered one of the most difficult periods for the entire global economy, The investor feels very safe when investing in real estate. Because he has no chance of losing.”
The most profitable real estate investment in Turkey
Mr. Arf Selcuk Celik, Member of the Executive Council of one of the companies operating in the sector, saying: What distinguishes real estate investment from other types of investment, It is lower in risk than others. It is an investment that generates profits for its owner in the medium and long term. Besides fulfilling one of the most sacred human needs, which is the need for shelter.”
On the occasion of World Housing Day, the Turkish Statistics Authority published Real estate sales figures in Turkey, During the past five years, Find out the details of this news on our Imtilak Real Estate page.
7 million home properties over the past five years
According to statistics, real estate investment in Turkey is the first among real estate investments in Turkey, with the sale of 7 million apartments, During the years 2015 to 2020, Of these sales, there are 154,871 apartments. It was sold to foreigners residing in Turkey during this period.
On the occasion of World Housing Day, which falls on October 5 of each year. The Turkish Statistical Authority has published the special figures, real estate sales in Turkey, During September 2015 and August 2020.
The largest percentage of real estate sales in Turkey during the past five years, This number was achieved during the year 2017. In which 1,409,314 apartments were sold.
Real estate in Turkey Istanbul tops real estate sales
Istanbul topped the Turkish states, In terms of recording the highest percentage of real estate sales, During the past five years, And that through the sale of one million and 199 thousand and 715 apartments, It was followed by the political capital of the country. Ankara city, Which achieved sales of 720 thousand and 124 properties.
Izmir came third with sales of 412,588 apartments. Antalya ranked fourth with 313,735 apartments. Bursa is ranked fifth. With sales of 265 thousand and 715 apartments.
On the subject of real estate sales to foreigners in Turkey, Istanbul also topped the Turkish cities, With the sale of 61,734 homes, Of the total sales of 154,871 apartments across the country, With a percentage of 39.8 percent, of the general sales of real estate in Turkey.
Antalya came second with 32,061 apartments. And a third stock exchange with 8 thousand and 904, Yalova is fourth with 6 thousand and 813, And the capital, Ankara, is fifth with 7 thousand and 856, And Sakarya is the sixth with 4,769 apartments.
As for the foreign nationalities that recorded the highest percentage of real estate purchases in Turkey, During the past five years, The Iraqi nationality was in the first place with the purchase of 30 thousand and 209 apartments, And Iranians came in second place, buying 15,083 apartments. Then the Saudis, with 13,296 apartments. and the Russians with 11,228 apartments, And Kuwaitis with 10 thousand and 137 apartments.