Investing in Ankara, Turkey: A Exhaustive Guide

The real estate advantages that Ankara enjoys among the Turkish states provide the opportunities for investment in Turkey wide hospitable foreign businessmen. Through this text, study Ankara and therefore the advantages of investing in its assets, and therefore the most vital sorts of other investments available in it.

Is Ankara a distinguished city for investment? Why?

Ankara is one in every of the most promising investment prospects for businessmen, because of its many investment components, represented by modern and developed areas, strong infrastructure, and diverse tourist places, which support the establishment of investments and ensure their success to an oversized extent.

The presence of the many developed areas in Ankara prepares a robust ground for building land projects, and its location in central areas near the tourist attractions on the one hand, and its proximity to shopping centers and government, health, and academic institutions, on the opposite hand, makes it a perfect choice for investment. the foremost prominent areas in Ankara are:

• Çankaya.
• Keçiören.
• Mamak.
• Altındağ.
• Sincan.

 

The Çankaya district is one amongst the foremost preferred areas within the Turkish capital by investors and traders, including the headquarters of embassies and ministries, and therefore the newest and complicated residential complexes in Ankara are concentrated.

The solid, strong, and advanced infrastructure that keeps pace with the wants of the present era in Ankara, forms the solid base on which investments are built and ensures the success of investment projects of every kind. This infrastructure includes the presence of the many industrial cities, the range of business areas, and an integrated system of the fashionable transportation network, consisting of road and rail transportation, additionally to the international airport in Ankara, which provides rapid transfers inside and out of doors Turkey.

In addition, Ankara is among the biggest Turkish states in terms of area and population, and it's one among the Turkish cities that has witnessed remarkable development and great growth in recent years, because the population during this city is approximately 5,663,322 people, per statistics issued by the Directorate of Population within the state within the year 2020, and therefore the geographic region over which the state of Ankara extends reaches 25,632 km2.

If Istanbul could be a capital spanning two large continents, Ankara occupies a very important geographical location within the center of the country, giving it a strategic dimension in Turkish geography, because it constitutes the meeting point between the roads heading to the varied nation-states in Turkey, and its lands touch occupy a vital part within the Inland Anatolia Region.

 

In terms of tourism, Ankara contains many monuments, including the Roman Column Road, the Roman Theater, the historic Ankara Cathedral, the Temple of Rome, many Ottoman mosques, like the Aladdin Mosque and therefore the Haci Bayram Mosque, and over 50 museums, including the Museum of Ethnicities, the Museum of Anatolian Civilizations and also the Museum of the War of Independence.

The city also includes the facilities of Turkish sovereignty, including the presidential palace "San Kaya", within which 11 presidents of Turkey have resided since the age of Ataturk, and also the new presidential palace "Ak Saray" (White Palace), which was opened during the reign of President Recep Tayyip Erdogan in 2014, and there are Government official headquarters like the Prime Ministry building, various ministries and parliament, and plenty of parks and public parks.

With regards to medical facilities, the Medical City was opened in Ankara in 2019, to be one amongst the biggest medical cities in Turkey, and includes 6 hospitals as follows: General Hospital, Cardiology Hospital, Neurological, and Orthopedic Hospital, Oncology Hospital, Children's Hospital, and Diseases Hospital feminine.

In terms of business centers, the Ankara includes an oversized group of markets and marketing malls, which include various varieties of local and international products, most notably:

• Forum Outlet.
• Kentpark Mall.
• Galleria Mall.
• Arcadium Center.
• Bilkent Center.
• Optimum Outlet.

 

In terms of education, the state of Ankara is prior other Turkish states by many steps, where you discover many public and personal universities recognized in most universities within the world, and occupies a sophisticated classification among international universities, and provides education in Arabic and English alongside the Turkish language, the foremost important of which are:

• Ankara University.
• Baskent University.
• Yildirim Beyazit University.
• Middle East Technical University.
• Hacettepe University.
• Atilim University.

What are the Most Effective Styles of Investment in Ankara, Turkey?

The strong infrastructure that Ankara enjoys, and also the availability of the many investment ingredients in it, have contributed to making many investment opportunities in Ankara in many areas and various sectors.

As a general result, the investor will find a good range of successful investment opportunities to decide on from among the projects that will generate huge profits, and therefore the most prominent sorts of investment in Ankara Turkey are the following:

1. Property Investment

Due to the factors we mentioned, many investors turned their attention to realty investment in Turkey normally, and Ankara realty particularly, because it constitutes the political pole of the country and also the economic and industrial center after Istanbul.
Those facts are confirmed by the figures issued by the Turkish Statistics Authority, associated with the sales of apartments in Turkey normally, during October of the present year 2021, during which Ankara came in second place after Istanbul within the percentage of realty sales, after achieving sales of 13,466 apartments, and a rate of 9.8% of apartment sales throughout Turkey.

The land sector in Ankara has also witnessed an increasing demand for real estate by foreign investors in recent times, and foreign investments have witnessed great activity during this city, as Ankara achieved third place in Turkey, in terms of foreign sales of apartments during the primary ten months of this year 2021. After registering, the quantity of assets sales amounted to 2,755 apartments.

 

2. Tourism Investment

The diversity of tourist attractions in Ankara, and also the great turnout it witnessed from tourists, made it a destination for tourism investments, because the city of Ankara has the strong ground for the establishment of the many tourism projects. for instance, there's an investment within the field of hotels, which is one in all the foremost popular projects by tourists throughout the year, and it's a good investment option because of its large investment returns, which rise annually by between 8% and 15% of the worth of the property.

Investment within the huge commercial malls in Ankara is additionally one among the important options in tourism investments, as these marketing malls offer many opportunities for investment, like shops, restaurants, cafes, game halls, cinemas, etc., which contributes to the expansion of business traffic and doubling the tourism investment opportunities in Ankara.

Not to mention hotels and malls, the investor can find many opportunities for tourism investments, like apartments for annual rent, resorts and chalets, and other land used for tourism purposes.

3. Industrial Investment

The development of business investment in Ankara and also the multiplicity of investment fields in it, attract major investors to figure during this sector, which inspires the entry of investors to hold out investment deals within the industrial sector, as there are many industrial cities in Ankara.

The industrial city, called Ostim, is at the forefront of the commercial cities in Ankara, because it is one among the biggest industrial areas, and contains active laboratories in many fields, most notably the textile, medical, plastic industries, auto parts, furniture, sports, and household equipment, etc., and this may provide various opportunities for industrial investments.

 

What Are the Benefits of Property Investment in Ankara, Turkey?

The advantages of property investment in Ankara is summarized through the subsequent points:

• The city of Ankara is that the capital, which incorporates most of the consulates and embassies in it, and there also are many ministries and state institutions concentrated in it.
• Ankara is that the second economic center of the country after Istanbul.
• The relative calm characterizes Ankara compared to Istanbul.
• Affordable prices for realty in Ankara.
• Obtaining a set, continuous, and guaranteed monthly financial return.
• An increase within the value of the capital or a rise within the value of the property within the long run, that is, the worth of the property after several years will rise, and thus the capital will increase.
• Obtaining Turkish citizenship by owning a property with a worth of a minimum of $250,000.

What Are the simplest Investments in Ankara, Turkey Real Estate?

Ankara realty offers the simplest varieties of investments in your hands. There are several ways to take a position in property, including:

1. Investment in Apartments

With the rise within the number of foreign investors in Ankara and because of the safe investment environment that it enjoys, the national capital has been ready to attract an oversized number of Arab investors, especially to that, turning it into a competitive kiss for the town of Istanbul, and attracting foreign investments.

Investment in apartments is that the safest and most profitable variety of investment over days. Given the information issued by official bodies in Turkey, we discover that the quantity of foreign sales of apartments in Ankara amounted to 359 apartments, during October of this year 2021.

 

2. Investment in Villas

The diversity of investment options for villas available, and therefore the multiplicity of benefits they need, was one in all the foremost important factors that attract foreign investors to take a position in villas in Ankara. Among the foremost important specifications that investors can find in villas in Ankara are the following:

• Many distinct interiors and exterior designs for villas, additionally to many rooms varying on demand.
• Various views of the gorgeous landscape.
• Amazing facilities and services surrounded by villas.
• Quiet prime locations off from the hustle and bustle of city life.
• The varying prices of the villas where you'll be able to rummage around for what suits your budget and financial capabilities.

3. Investment in Land

The diversity within the natural environment in Ankara, including vast agricultural lands, fertile plains, and an appropriate climate, presents investors with many opportunities to speculate in land, whether in land designated for farms or in construction lands, especially since the most objective of investment operations lies in access to profits within an appropriate period, and this is often achieved by investing in land in Ankara.