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A study that monitors the most important reasons and types of investment in Turkey. The Real Estate, Tourism, and Industrial ones. Many profitable investment opportunities that you need to know more them now.
In 2007, the Turkish government established the Investment Support and Promotion Agency in Turkey, which launched its website in about 12 languages, including Arabic. This website is considered the link between Turkey and foreign investors.
What are the advantages of investing in Turkey?
One of the advantages of investing in Turkey is that it has a promising economy, and it is expected to become one of the fastest-growing economies among the members of the Organization for Economic Cooperation and Development (OECD) during the period from 2014-2016, as it annually attracts about $15 billion in foreign investments.
The qualitative boom in the Turkish economy, as the gross national product jumped from 230 billion US dollars in 2002 to 820 billion US dollars in 2013.
The 16th economy in the world, and the sixth in Europe. With stable economic growth of an average of 5% between 2012 and 2013.
What are the most vital fields for investment in Turkey?
- Real Estate
- Automotive Industry.
- Agriculture and Food.
- General Trading.
- Healthcare and Pharmaceuticals.
- Financial Services.
- Communications and Information.
Industrial Investment in Turkey: the most Prominent fields and advantages
Turkey increased its car production rate from 374 thousand cars in 2002 to more than 1.125 thousand units in 2013. By this performance, Turkey has become the 16th largest car manufacturer worldwide.
According to Deloitte’s Global Industry Competitiveness Index (GMCI), over the next five years, Turkey will rise from the 20th position in 2013 to the 16th place.
Turkey will become, after Germany, the second largest competitive station for manufacturing industries in its region, which covers (Europe, the Middle East, and Africa).
Turkey’s auto manufacturers’ product portfolio covers a wide range of cars, from sedans to heavy trucks.
Agricultural and food investment in Turkey
Agricultural investment in Turkey is one of the best options for Investment purposes, as Turkey has plant strains of vegetables and fruits estimated at 11,000 species. Important to highlight that the total number of plant strains in Europe is only 11,500 species.
Turkey is a world leader in producing dried figs, hazelnuts, raisins/currants, and dried apricots.
It has the largest production rate of milk and dairy products in the region.
Real estate investment in Turkey
Property Investment in Turkey: This is Buying a property in a project under construction in a vital and strategic area that will witness great demand, then selling it after the completion of the project at a higher price, and what attracts most investors now is the search for apartments for sale in Istanbul, apartments for sale in Istanbul by the sea.
Investing in lands for sale in Turkey in strategic locations that may be included in the organizational plans of cities, or the possibility of building residential complexes on them later, and then selling them later at multiples.
Real Estate Development: Buying an old property to renovate and improve it to sell it at a higher price.
Buy a ready apartment in a project to rent it. It guarantees a fixed monthly return.
Why is real estate investment one of the best types of investment in Turkey?
Because real estate investment is greatly affected by the country’s economy and political stability, Turkey is the first and best candidate for real estate investment in the region.
Real estate is the largest growing and most profitable sector in the world.
Investing in real estate achieves guaranteed results, far from any risks.
What are the advantages of real estate investment in Turkey?
- Constant price increase of apartments in Turkey due to the continuous foreign demand.
- According to the Knight Frank International Index, Turkey is among the largest global markets in Real Estate price growth.
- According to Ernst & Young. Turkey is the second most attractive market.
- Several other indicators nominate Turkey’s real estate markets to present the best achievements in the coming years.
- Scarcity of real estate of all kinds compared to market demand.
Turkey’s vision in the field of urbanization and urban transformation?
Turkey accepts a reconstruction project that will last for 20 years in the most beautiful cities of Turkey, like Istanbul, to renew the old real estate in Turkey and convert it into luxury apartments for sale in Turkey, farms, and villas for sale in Turkey. It is an investment project that includes about 6.5 million real estate units.
The Turkish investor will not be alone in this investment. The investment law in Turkey has opened the door to investment for citizens of 183 countries, thus giving foreigners a successful investment opportunity to contribute to this architectural activity. Several Arab countries, especially the Gulf countries, are among the countries whose citizens are allowed to buy real estate in Turkey.
