Why is it profitable to invest in real estate in Turkey?!

Investing in real estate in Turkey is the most win-win option, which can bring good profits in the future, since Turkey is very famous for its resorts, where millions of tourists from all over the world come to vacation every year.

The greatest income can be obtained by investing in projects under construction at the foundation pit stage, on the Mediterranean coast in Turkey. As a rule, the price at the excavation stage from large reliable developers is 30-35% lower than after the project has already been built and commissioned. Moreover, by purchasing several apartments at once, you can receive an additional discount of up to 15% from the developer. And since the construction period in Turkey is from 12 to 24 months, in a very short time you can earn up to 45% of the amount of your own investments from the resale of your apartments.

Today in Turkey it is very profitable to invest in land plots both for the construction of residential and commercial facilities, and for agricultural purposes. For example, banana and avacoda plantations bring the greatest profit, despite their low costs. Well, due to the rapid pace of construction, the demand for land in Alanya is constantly growing and there are fewer and fewer vacant plots left, the cost of them is constantly growing. For example, if you purchase a plot of land with an area of at least 1,500 sq.m. at a favorable price in a not very developed area, then in the near future you can sell this plot to any developer for construction, receiving at least 50% of the profit from the original price.

It is impossible not to pay attention to the possibility of receiving passive income from renting out real estate, both for residential properties, be it villas or apartments, on a daily or monthly basis, and you can get a good stable income from renting out commercial premises. One apartment or store will bring you a net income of 6 to 8% per year, and in foreign currency.

Well, since Tourism is one of the significant components in the Turkish economy, and the hotel business is very developed on the Antalya coast, and 90% of tourists prefer a beach holiday on the Mediterranean coast. Then, by investing in the construction or purchase of your own hotel, either a luxury category or just a boutique hotel, you will be able to recoup your investment within a maximum of 11-12 years, and achieve a net profit of 15-20% per annum.