Real Estate ROI in Turkey

There are various ways to generate long-term real estate investment returns in Turkey.

Depending on the type of property, whether residential or commercial, ready to move into or under construction, the specifications of a property can be quite different in terms of value, location, payment options, interior space and other features to consider:

1- Residential real estate in Turkey

The Turkish government is working to reduce interest rates for buying real estate in Turkey, which has led to an increase in buying demand from Turkish citizens and foreigners.

Therefore, most of the large cities in Turkey, such as Istanbul, Izmir and the capital Ankara, become ideal destinations for real estate investment, mainly because the services are also very diverse, whether in the fields of education, health, tourism and international trade .

Therefore, residential property in Turkey has become a successful investment, with monthly or yearly rent, for various social groups, whether university students, as Istanbul is home to more than 25 public and private universities, employees and families.

Renting a residential property in Turkey will guarantee a rental income of 8-9% of the total property value, especially if the purchased property is located in a modern facility, which is present on a large scale in most megacities in Turkey with resale, rental demand construction boom.

2- Commercial real estate in Turkey

Commercial real estate in Turkey is divided into two regions:

1- Offices and shops

Turkey's commercial real estate market models the concept of scarcity, with few offers but high demand; both resale and rental of commercial properties will generate substantial income.

Commercial properties can generate 12-13% return on investment for rental income, even taking into account the volatile exchange rate of the local currency in Turkey.

When it comes to commercial real estate resales, finding the perfect time to advertise and sell your property can be a win-win.

One of the most important advantages of commercial real estate is the possibility of involving multiple investors in the application for Turkish citizenship due to its high purchase value.

2- Hotel

Hotel real estate in Turkey offers the highest income by following certain guaranteed annual income methods that are contingent on signing (rental guarantee contracts), whether rented out or not, as collateral for investment income from the property.

Commercial real estate investments in Turkey, especially hotels, offer other contracts in addition to (Rent Guarantee Contracts) under the heading (Association System Contracts), which also guarantee participation in a certain percentage of gross revenue for at least ten years, and these contracts are usually renewable.

One of the most prominent benefits of buying a hotel property is hotel-coordinated property management services; this service can help foreign investors save time due to lack of language skills and limited time to manage the property.

No matter which method of real estate investment you are interested in, finding a trusted partner is the first step to complete the purchase of property in Turkey and successfully make a good profit.

 Property Superiors will support you with its extensive experience in the real estate market and its professional team to help you reach the safe haven you want to invest successfully in Turkey. Contact us today and let us create a great start with you.