Real estate in Alanya, Turkey
Turkey continues to be the most profitable property investment country in the world

Turkey continues to be the most profitable property investment country in the world

Posted on 05 Mar 2021

'' Turkey continues to be the most profitable property investment country in the world. "

The first digital live meetings held in Turkey was to focus on the expectations of the real estate sector. Property buyers are expected to purchase more property from Turkey after the pandemic. The world's most profitable property was noted that in Turkey. Despite the new type of coronavirus (Covid-19) epidemic, over 40 thousand properties were sold to foreigners last year. The second highest annual figures in history were recorded in property sales to foreigners.

Turkey property valuation is at its peak in the world rankings. always it tops the most profitable real estate investments in Turkey.

In this period when the effects of the pandemic are over, real estate developers should design properties according to new needs. Apartments with improved sound insulation, which will enable people to work more easily in properties, and generators that can prevent power cuts for more than a few hours should be prepared. Such studies and branding of real estate companies will increase the interest in our country.

Although normalization has started in our country as of June 2020, dynamism has started to be experienced with the lifting of the restrictions. Property sales to foreigners in the second half of 2020 increased by 4 percent compared to the same period of 2019 and rose from 25 thousand 531 to 26 thousand 550 units.

Property sales in Turkey fell sharply in the first half of 2020. But in 2020, sales exceeded 40 thousand, pleasing property sellers.

Property sales to foreigners decreased by 10.3 percent in 2020 compared to the previous year and decreased from 45 thousand 483 to 40 thousand 812. This was recorded as the second highest sales figure in history. Istanbul  was the first choice of foreigners when purchasing a property in Turkey, Antalya was the second and Ankara was the third. Also the interest is increasing to buy property in Alanya and to buy villas in Alanya is being popular.

Most properties in Turkey were purchased by Iranians. Among foreign investors, Iranians are the first, Iraqis are the second and Russians are the third most property purchasers.

Incentives such as continuing to give Turkish citizenship to foreigners during the pandemic process attract foreign investors. So far, 184 different nationalities have bought property in Turkey. 9 thousand 469 people of 105 different nationalities have bought real estate in Turkey and has Turkish citizenship.

Despite the uncertainty in all Earthly Covid-19 process in which foreign investors are looking to find the security and peace in Turkey. Our country is always among the top investment countries. Property Investments are for renting, Turkish citizenship and residence purposes.