The Turkish real estate market has shown robust performance in recent years, with a significant increase in the property price index. Particularly in the capital Ankara, the largest city Istanbul, and the resort destination Izmir, property prices have seen notable increases, showcasing substantial investment potential.
Istanbul's geographical advantage as a crucial transportation hub with a convenient network connecting Europe, Asia, and the Middle East has presented significant business opportunities for investors.
Moreover, being the only city in the world spanning both the European and Asian continents, Istanbul boasts a rich history and cultural heritage, attracting a considerable number of tourists each year. This factor adds allure to real estate investments.
Istanbul not only holds a strategic geographical position but also, as Turkey's largest city and port, serves as the economic, trade, financial, news, and cultural center of the country. These characteristics offer substantial potential returns for real estate investments.
However, despite the strong growth momentum in Istanbul's real estate market, investors need to exercise caution. Rapidly rising property prices may pose bubble risks, coupled with uncertainties stemming from political, economic, and geopolitical factors. Investors must carefully assess potential risks.
For those considering real estate investment for immigration purposes, a thorough understanding and careful consideration of Turkey's immigration policies and related laws and regulations are essential. When contemplating immigration investment, investors should comprehensively grasp the immigration policies of the target country, along with relevant legal and tax provisions, to ensure that the investment is legal and meets immigration conditions.