In the last years, The volume of foreign investment is increasing day by day in Turkey, Trabzon is one of the most preferred cities in the country.
In particular, foreign investors from Middle Eastern countries have begun to take an interest in Trabzon.
today, Trabzon is flooded with foreign tourists who want to explore the famous Uzungol and Ayder plateau.
Influenced by Trabzon, foreign tourists have shown a growing interest in owning a property. Where they come for sightseeing purposes.
We hope that you will read our article about the reasons why foreign investors prefer Trabzon to invest in real estate.
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Why do foreign investors buy real estate in Trabzon?
Trabzon , offers the lowest equivalent square meter price, according to the real estate market in Turkey, due to the fact that the entire region has not yet reached saturation in the housing market.
There is also a huge amount of land suitable for housing construction, Which is seen as a factor that lowers prices.
So, Trabzon has attracted the attention of foreign investors who want to invest in medium and long-term real estate.
Foreigners who want to buy real estate with high returns consider Trabzon an excellent place.
Opportunities to obtain citizenship by investment
The Turkish real estate market started experiencing serious growth with the new Turkish Citizenship Law that came into force in 2018.
This arrangement has attracted the attention of foreigners from all over the world, Especially foreign investors from the Middle East.
The most important reason for this is different from many other countries that have a similar application for approval of the duration of citizenship through investment in Turkey has reached much easier and faster.
Foreigners who buy real estate must only hold their investment property for three years.
The fact that the conditions are very comfortable has enabled many countries from all over the world to attract Turkish citizenship applications.
Read also: Documents Required for Naturalization in Turkey
Foreign exchange rate advantage
Another great attraction for many real estate investors from different countries is known as the profitable exchange rate.
The average currency in US dollars ranges between 6.50 – 8 Turkish liras for 1 US dollar.
According to the experts, The foreign exchange rate will be a huge advantage for foreign investors in Turkey.
The advantage of easy selling in Trabzon
An experienced real estate expert reminds investors that they should always assess market liquidity to purchase the right property.
Because the time may come when the investment must be monetized again.
Trabzon Turkey is for foreign investors who participate in one of the most popular markets in international home buyers with high liquidity.
With the addition of local investors, Trabzon has an excellent market for smart investment.
Cultural similarity
This city has gained great popularity thanks to many foreign investors from the Gulf countries. The reason for this is that the coastal resorts of the Aegean and Mediterranean Seas mostly attract Europeans.
Trabzon, conservative looking, Share family structures of foreign investors from the United Arab Emirates.
Its traditional cuisine and nightlife are culturally similar to these countries.
Unique natural atmosphere
With the city center and villages, It offers unique nature and indescribable views.
The interior of Turkey hosts one of the most beautiful landscapes spanning the Kachkar Mountains.
Plateau culture is generally seen as an integral part of life. surrounded by green hills, Uzungöl makes a great contribution to tourism with its wonderful atmosphere.
It gives its visitors a perfect week, Foreign investors prefer, who would like to fully experience these sights, Trabzon for this reason.
luxury residences
There are separate private villas in the city’s property market with sea views that attract the attention of foreign investors.
Architecture is usually designed, which usually have private landscaped gardens and a single or communal swimming pool, Take advantage of the surrounding views from ceiling-to-floor windows and large balconies and terraces.
Separate kitchens and open-plan living and dining rooms attract attention. It also includes facilities such as luxury residences from one to five bedrooms.
And gyms, sauna, Turkish bath and swimming pools. to
For these reasons, this wonderful city attracts the attention of foreign investors, Especially those with large families and luxurious lifestyles.