One of the main features that attracts investors to investments is the security of the investment in addition to other features such as investment return rates, growth of the investment, and other features. Real estate investment is one of the best types of investments that investors are looking for several reasons, the most important of which are the very large profit opportunities with almost no loss except in very rare cases, which are usually due to poor selection of the project or its location. Real estate also preserves capital without the presence of expenses that reduce the capital. Real estate investment in Turkey is considered one of the best and safest countries because real estate in Turkey is among the few markets in the world that have overcome the recession since 2002, despite the obstacles it faced such as the global financial crisis and also the failed coup attempt in 2016, and the crisis of the decline of the Turkish lira in 2018. The continuation of this decline coincided with the decisions to reduce interest rates and the emergence of the COVID-19 pandemic, which affected all countries of the world and also affected Turkey. However, its impact on Turkey was milder compared to the rest of the world. The state’s strength and its great ability to provide the necessary safety and guarantees attract investors to real estate investment in Turkey. It is considered one of the best and safest investment options to save investors’ money away from fluctuating currency rates or any collapses in global stock exchanges. Turkey enjoys and is characterized by a safe investment environment, whether in terms of laws that strongly guarantee the rights of owners and investors, or in terms of decisions that facilitate foreign ownership in Turkey and grant Turkish citizenship to qualified individuals. This creates a large level of safety for real estate investors and maintains a safe lifestyle suitable for citizens and residents of all foreign and Arabic nationalities. Moreover, the fact that Turkey’s status as a tourist destination has a positive impact on the investment movement and leads to good investment returns for real estate investors. The demand for vacation properties and rental properties from tourists can lead to high monthly returns for a commercial property, or the property can be rented out seasonally or annually. Additionally, there is the potential for significant profits from reselling the property, making real estate investment in Turkey a safe and profitable endeavor. Turkey’s political stability, compared to other Middle Eastern countries that experience conflicts and problems, makes it an attractive and safe place for many Arab and other investors looking to achieve investment returns. The Turkish economy is also growing in strength and prosperity and has achieved high levels of competitiveness among major countries, ranking 18th globally in the world economy. All of these factors give positive and reassuring indicators to investors in the real estate sector in Turkey. In addition, large strategic projects such as suspension bridges, waterways, and major infrastructure projects have also increased the attractiveness of real estate investment in Turkey. All of this makes investing in this country a worthwhile opportunity to embark on and trust in. It is important for investors to research strong construction companies and ownership in areas where strategic projects are planned.
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Friday May 24th, 2024
apostille agreement
What is the apostille agreement? It is an agreement that means facilitating procedures for submitting international documents. It is an international agreement that was adopted in 1961 with the aim of facilitating procedures for submitting...