Real estate trade in Turkey 2023

Real estate in Turkey is a way to get a high return on investment, and real estate transactions in Turkey have evolved into a way of trading and investing, which has led to an increase in demand from foreigners due to government facilities and the ease of doing real estate business in Turkey.
What does it mean to trade real estate in Türkiye? What are the advantages of real estate transactions? What types of real estate are there in Türkiye? What is the purpose of buying and trading?

Real Estate Trading in Turkey

Real estate transactions in Turkey are the sale or lease of Turkish real estate on behalf of its owners by individuals or companies licensed to engage in real estate transactions. Investing in all types of Turkish real estate is possible, provided that the entity managing the property is duly registered with the Turkish Chamber of Commerce, meets legal requirements and has a real estate transaction license in Turkey.

Advantages of Turkish Real Estate Transactions

Real estate transactions in Turkey have many advantages that attract those who want to enter the industry and profit from it, namely:

• Due to Turkey's geographical location and the fact that it is a tourist country, real estate transactions in Turkey are important projects to successfully make money.
• Buyers of real estate in Turkey are granted real estate residency (under certain conditions), eg B. The property is a residence and its value is not less than USD 75,000.
• Concessions, reliefs and exemptions.
• Possibility of inheriting property.
• It is possible to buy and sell more than one property in different Turkish regions at the same time.
• Turkish citizenship is obtained by purchasing a property worth USD 400,000 or more and not selling it within 3 years.

Types of Real Estate in Türkiye

With a population of over 85 million, Turkey receives approximately 40 million tourists per year. As a result, the demand for housing in Turkey is increasing, whether through property ownership or through leasehold, so there is a high volume of transactions for residential properties, especially those located near modern complexes with security, leisure and technological advantages.

Residential Real Estate in Türkiye

1- Apartments in Türkiye

The most famous and widespread types of residential properties in Turkey are ordinary apartments, some of which are located in separate buildings (this type is not recommended due to the lack of basic services), while others are located in separate residential complexes, characterized by:

• Exquisite Design
• Quality of Building Materials
• Garden and Swimming Pool
• Security
• Elevator
• Garden
• Playground for Adults and Children
• Gym

2- Villas in Türkiye

The second type of residential property is villas in Turkey, luxury buildings with marble facades and modern or classical designs reminiscent of palaces. Each villa is in a separate building and the villas are located at:

• At the Seaside
• At the Seaside
• It Can Be Found in Forests.
• Or It Can Be Surrounded by Forests.

Residential properties, especially the most luxurious types (Villas in Turkey), consist of one, two, three or four storeys, with high quality construction, large areas and different sizes such as (two rooms, a hallway or three rooms and a hallway), and possibly more) and luxuriously designed villas, including:

• Main Lounge
• Room
• Bathroom
• Kitchen

In addition, the Turkish villa has a balcony on each floor and a large terrace on the last floor, which allows the villa to enjoy a magnificent view of the surrounding area.

The villa also includes parking, garden and swimming pool, among many other services.

3- Loft apartment

The third type of residential property is the loft apartment. Loft is an English word that means an upper floor (a spacious apartment with high ceilings and large windows) in the real estate dictionary. A loft apartment is also an apartment with few rooms and interior walls, sometimes with a floor, and the exterior walls of the apartment are made of tiles or concrete.

4 - Penthouse

The last type of residential property is the penthouse, which is the best and most luxurious residential property in Turkey and the world. They are usually located on the top floors of towers, and all the walls are made of glass, allowing the clouds to be seen due to the altitude.

The penthouse covers the entire floor with a 360-degree view of the entire architectural environment, one of the most luxurious, modern, and expensive building materials such as floors, ceilings, bathrooms, kitchens, decorations, doors, and other accessories.

5- Duplex apartment

One of the most luxurious housing types in Turkey, it consists of two floors connected by stairs for easy access to and from the second f

There are also triplex three-story apartments suitable for large families.

Advantages of Residential Real Estate in Türkiye

Residential property in Turkey has several advantages, including:

1. From an economic point of view, residential property is a successful and attractive investment.
2. Turkey is a tourist country that attracts tens of millions of tourists every year, so buying a residential property in Turkey can guarantee a high profit return for investors.
3. Residential prices in Turkey are low compared to European countries.
4. Government facilities and incentives such as tax breaks and granting of Turkish citizenship through property ownership.

Commercial real estate in Türkiye

Turkish real estate is one of the best investment opportunities and most demanded by foreign investors, especially real estate in Istanbul. The Turkish government offers many facilities and incentives to attract investors to invest in commercial real estate, such as tax exemptions and granting Turkish citizenship.

Types of Commercial Properties in Türkiye

• Enterprise.
• Offices and Branches of the Company.
• Repository.
• Shop.
• Hotel.
• Shopping Center.
• Dining Room.
• Event Hall.

Advantages of Turkish commercial real estate

Investing in commercial real estate is one of the best ways to do real estate transactions in Turkey as it offers a good return on investment by buying a hotel, restaurant, cafe or any other type of commercial real estate, as long as the location of the commercial real estate is properly selected.

Investing in commercial real estate is an investment with lower capital risk compared to other investments such as industrial and commercial real estate, while commercial real estate transactions in Turkey offer high monthly returns because it is a long-term investment.

Agricultural Properties in Türkiye

It includes all agricultural real estate that is not allowed to be built or can be built, but to a small extent, agricultural real estate in Turkey is one of the ideal real estate investment models.

The best person to start a real estate business in Türkiye

All types of Turkish residential, commercial or agricultural properties are successful investments that you can take advantage of to start a real estate transaction in Turkey. However, winning rates vary and there is stiff competition between residential and commercial properties, as these are the most popular in Turkey, and options, offers, spaces, locations and benefits vary.

The best way to start a real estate transaction in Turkey is the type that investors want and are able to manage their investment well.