Turkey is an extremely popular destination for foreign investors. It has the potential for international investments in the real estate sector.
With Turkey’s ideal location, history and natural beauty it attracts visitors from all over the globe. Foreigners choose to buy real estate from Turkey for both residence and for investment purposes and every year real estate sales are increasing to foreigners in Turkey.
At the start of 2020, most real estate sales in Turkey were made to Jordanian investors. Other countries with high investments in Turkey include Palestine, Dominica, Saudi Arabia, Iraq, Qatar, Afghanistan, Egypt, Iran and The United States of America.
Iranian investors invested most in residential properties with Iraq, Russia, Afghanistan, Palestine, Yemen, Azerbaijan, Germany, Libya and China also investing heavily.
In Turkey, real estate is the easiest and most profitable investment tool in the long run. In the real investment market, which is a low risk investment instrument, the purchased real estate can be kept for investment, rented out or used by the investor himself. With a very short depreciation period, real estate is a favorite for foreign investors.
Istanbul is unsurprisingly the number one choice for investors with Antalya, Bursa, Aydin, Ankara and Yalcova following close behind.
In Antalya and Aydin, the construction of fully furnished homes with pools and security has increased in recent years. These home models are very popular with foreign investors. Housing sales in Antalya, which were 744 in September 2019 increased by 36% in 2020.