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Turkey has been a country with a high demand for property acquisition for many years. Every person dreams of living by the sea when it comes to acquiring real estate in resort towns. But not only such a desire becomes the main point in investing money. We offer to look at real estate from the position of an investor who always thinks what he will do with the acquired asset in the future.

After analyzing the experience of our buyers, we have identified several key points on which the purchase of real estate on the Cote d'Azur of the Turkish Riviera is a profitable investment.

1. Audience of buyers. Who are the leaders in buying property in Turkey? To begin with, let's say that home sales in Turkey in May increased by 107.5% compared to the same month last year and amounted to 122,768 units.

Here is a list of countries whose citizens, according to the Turkish statistics office, have become the main buyers (the list is compiled in descending order by the number of purchases): Russia, Iran, Iraq, Germany, Ukraine, Kazakhstan, Afghanistan, China, Palestine, Yemen, Kuwait, USA, Azerbaijan, Pakistan, Jordan, Egypt, England, Lebanon, Canada, Sudan.

Now imagine how many buyers your property is put up for sale. Almost half of the world is the buyers of real estate in Antalya. At the same time, Antalya is not a huge metropolis, land resources for development are very limited. Lives in Antalya

2,619,832 people according to the official department, let's say, some more "unrecorded" people, in the end, it's still not the data of the city of the metropolis.

 

2. Absence of currency risk. Payments for real estate are made in foreign currency both when buying real estate and when it is alienated. Despite the introduced mechanism for issuing a certificate of currency exchange for Turkish lira, this does not prevent you from receiving currency when paying for alienated real estate. There are no restrictions on exchanging currency, receiving cash or transferring your savings to foreign accounts.

3. Selection of regions. Of course, the top sellers are Istanbul, Antalya, Alanya, Bodrum and smaller cities along the coast. Each location has its own advantages. Istanbul is a city of business, large investments, and another segment of architecture. There are residential complexes with extensive infrastructure, skyscrapers of modern design. Big money is spinning here, this is a city of business. It is, in fact, a business capital not only for the indigenous population. The demand side is different. Coastal cities are the desire for class comfort, natural conditions, purity of nature, friendly attitude towards foreigners. For this, people from different countries are willing to pay.

4. Lockdown experience. After living in quarantine, many began to think that it would be nice to have a house in a safe place. Those. have a country house, villa, resort property. Thinking about this, the buyer builds a list of bonuses that he can get by purchasing such a house: a residence permit, citizenship of another country (alternative location), investing in one of the most reliable investment methods (real estate), comfortable housing, prestige in the eyes of others, in the end finally a new circle of friends, a new life.

5. The growth of immigrant sentiment. We saw how the conflict between Russia and Ukraine affected the wave of immigration. The determination of immigration is always close to the demand for housing, from renting objects, ending with the removal of money and investing it in an easy way to invest - real estate.

6. Real estate price increase. Many people know that real estate often rises in price faster than money depreciates, this certainly entails a desire to protect their hard-earned money, and for non-professional investors, and for ordinary people, buying real estate is the easiest and most reliable way to protect them.

7. Where to run? The owners of the assets of the Russian Federation, and I think that Ukraine also does not have so many opportunities in terms of earning money on investment markets. Keeping currency in a bank is a commission, access to European banks is closed, practically a “dead number” to get access to foreign stock markets, securities in the foot, there is no payment of dividends, you can’t get foreign currency in cash. Money loses its value in some locations.

8. Consult with us how to choose the right property, what advantages this or the method of investing in real estate will give you, trust the professionals.

Sincerely, INEST HOMES CEO Inna Danilova

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