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Turkey Real Estate Property

Turkey is one of the leading countries in emerging markets of Europe and recorded as one of the fastest-growing economies in the World. Such a reputation makes Turkey a number one investment spot for major sectors. Of course Turkey real estate sector has the biggest share of becoming a rising star at this expansion.

In this respect, the reforms recently amended in Turkish real estate market made the investment easier for foreigners.  The land registry and tax laws have already been revised to improve the effectiveness of real estate sector, attract investors and increase the number of investments. No doubt that buying a property in Turkey for sale is now more advantageous than before.

Why buying a real estate in Turkey is a wise investment?

For sure there are several reasons what makes Turkey a top emerging market and safe investment spot for foreigners.

  • Strong domestic demand.
  • 70% of population under 35 year old.
  • Cost effective purchase prices for every budget.
  • Great return on rental and capital growth.
  • Exit strategy.
  • No capital gains tax after 5 years.
  • Planned, on-going and competed mega infrastructures and developments by Government.

Where to buy a property for sale in Turkey?

Where to invest is an important concern before you make a real estate investment.  There are different regions and cities that might pay your attention.

  • Istanbul : It is the most populated city of Turkey with the 50% trade share of country. Thanks to new infrastructure and developments, number of international and local companies, number of students and expats, you can gain the maximum profit of rental return and capital growth out of a property investment.  The property areas are Beylikduzu, Esenyurt, Bahcesehir, Basaksehir, Basin Express, Besiktas, Taksim, Sisli, Mecidiyekoy, Maslak, Ortakoy, Bebek, Etiler, Ulus, Nisantasi and Cihangir. The properties start from 40,000$ and go up to 10,000,000$.  The rental yield is between 5% to 10% depending on area and type of property. The capital growth is almost 20% per annum.
  • Bursa: The city is located North-western Anatolia close to the Sea of Marmara.  It is only 2 hours away from Istanbul.  Mount Uludag, Seashore Mudanya and Ottoman Empire relics in the city center are making Bursa a popular destination for locals and foreigners. Besides Tourism, the city has a very dynamic production of cars, textile and furnitures. The property prices are in range between 75,000$ and 500,000$  The rental yield is between 4% and 6%.
  • Trabzon : Located along the Black Sea on North-east region of Turkey, Trabzon is a very new destination for home buyers. The nations who buy from Trabzon are mostly from Qatar, Saudi Arabia, Iraq, Kuwait and Iran. Considering that the city has a calm climate with a greeny and hilly nature play an important role to attract the people from GCC countries. The property prices varies from 46,000$ and 450,000$.


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Clients  testimonials

Lisa Simpson
happy buyer
We hired the WP Estate team as our buyer agent because they are specifically trained in Short Sale & Foreclosure transactions. All in all I have no doubt that we would have failed to close without an experienced representative such as the professionals at WP Estate working for us, and we are very grateful for all they did.
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