Turkey today shows stable economic growth, thereby offering foreign citizens many directions for profitable investments. One of the fastest growing sectors is the real estate market. The rise in housing prices in the country is confident. This trend is especially noticeable in the resort regions located on the Mediterranean coast. One of these is the beautiful Alanya.
Every year, interesting offers from leading developers appear on the market, which makes it possible to earn money by investing in profitable projects at the excavation stage. Buyers are purchasing homes at this stage with the aim of reselling them shortly before completion of construction or after the house is put into operation. Thus, a potential investor can receive income immediately, since the cost of square meters in modern residential complexes after the completion of construction rises to 40%. It is worth considering that objects under construction can be bought on favorable terms – in an interest-free installment plan from the developer or on a loan at a low rate, which means that the benefits of such an investment becomes more than obvious.
Many foreign citizens also invest in buying commercial space, and in Alanya this is becoming one of the best ways to make good profits. This applies to both the purchase of square meters for running your own business, and their lease for offices, shops, restaurants, cafes.
Turkey recently launched its own citizenship by investment program. When buying real estate, a foreign investor has the right to citizenship.
Along with the constantly increasing demand, the real estate sector is actively supported by the state, by the program for the demolition of old housing and objects in disrepair, which means that the owners of apartments in old buildings will receive new apartments in return. This program applies not only to residential buildings, but also to social facilities. Erection of new modern buildings that will have the most positive effect on the appearance of Turkish cities and will solve many problems.