Real estate agents confirmed that Turkey offers various investment opportunities for foreigners, especially in Istanbul.
According to a Hürriyet Gazette newspaper, real estate agents stated that real estate investment in Istanbul attracts the interest of foreigners, especially European citizens.
Istanbul is the center of real estate investment
Istanbul has always been a favorite destination for foreign investors.
Especially the new generation who prefer Istanbul city to invest in real estate.
Due to the exchange rate increase last year, the real estate construction cost has increased significantly, but this has not yet been reflected in the real estate sale prices.
Foreigners who could have bought a property in Turkey for 100 thousand euros last year can now buy a real estate for 60 thousand euros.
Property prices in Istanbul are still attractive and will rise gradually.
Real estate stocks are running out in some areas, so now is the right time to buy property in Istanbul.
However, real estate prices will rise with the end of the inventory.
Huge demand for Emlak Konut GYO projects
Turnkey projects are now the first choice for foreign investors.
Foreigners prefer strong and reliable companies such as Emlak Konut GYO, a Turkish state company that has projects in partnership with some other companies.
Experts pointed out that foreigners wishing to invest in real estate should pay attention to some important things.
The most important things are that the project in an area where prices will rise in the coming years and the return on investment of the project will be large.
Edit By: Realty Group