TYPES OF REAL ESTATE INVESTMENT IN TURKEY
The types of real estate investment in Turkey vary by type of property, the purpose of the investment, and the expected return. Read on Imtilak Real Estate and learn about the types of real estate investment in Turkey in detail.
1. Investing in Residential Real Estate
It is well known that residential property prices in Turkey have increased significantly in recent years, whether they are apartments, villas or residential land, so real estate has become an important investment.
Turkey’s real estate market has witnessed a significant rise in apartment prices, particularly during 2021, which recorded investors’ high demand for apartments in Turkey.
Domestic market demand peaked in the last months of 2021, in parallel with interest reduction on home loans due to Turkey’s general interest reduction.
Real estate reports have monitored significant changes in apartments prices in Turkey, reached100% in some areas. For example, the average price per square meter for apartments in Besiktas during October 2021 hit TL 27.521.
As for investing in villas, Turkey, with its beauty and climate diversity, offers distinctive options through upscale villas, modern with excellent specifications.
As for investing in residential land in Turkey, many investors prefer to invest in residential land than in buildings as they prefer to build their projects on empty lands according to their designs.
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