Best Property in Turkey at the Forefront of the Real Estate Boom in Istanbul

March 11, 2019 – – Several factors have been alerting investors to the profit potential of Turkish real estate. Property prices are lower than in more established markets, yet an improving economic outlook and stable political landscape makes it a far safer bet than more recently emerging markets. The country enjoys prudent economic leadership from a pro-European government. All of this means potential capital growth for the Turkish real estate market, which continues to boost investor confidence generally, and particularly among the clients of Best Property in Turkey.

Best Property in Turkey has long realized the outstanding profit potential Turkey represents and has been offering their clients involvement in some of the most exciting real estate projects in Istanbul. Aaron Clark, CEO at Best Property in Turkey, thinks the reason for the huge interest in Turkish property investment is clear: “Turkey received millions of visitors during 2018, with an expected increase of 20% in 2019. Given that rental yields are boosted by the huge golfing market in the country and the consistent increase in property prices, which have seen an aggregate growth of 47% over the last few years, Turkey becomes hugely attractive to the discerning investor.”

It is not just real estate investment companies such as Best Property in Turkey reporting a bullish Turkish market. UK government figures report the GDP growth of Turkey as over 5.5% since 2001.

Rental yields in Turkey are between 5 and 10% per annum, although the rental market is currently far smaller than it is predicted to become. The real estate market, however, is already booming. Istanbul’s investment property market is predicted to increase by 120% this year and other areas are also proving popular. Statistics from the Turkish Land Registry General Directorate reveal cities on Turkey’s coastline such as Antalya, Mersin and Izmir are showing increased interest from buyers and that property prices there have seen recent marked increases.

The market has opened to foreign investors due to recent changes in legislation easing restrictions, the new citizenship law and a parliamentary bill expected later this year widening Turkish mortgage options. Figures from the Turkish Minister of Finance show that the number of Britons owning real estate in Turkey has increased by over 388% since 2003.

About Best Property in Turkey

Best Property in Turkey offers investors opportunities for investment in various selected real estate projects Istanbul. Their investors are offered involvement in ventures that create unrivalled opportunity, potential and ultimately, return on investment. The service they provide to investors is based upon three key aims: price, profit and performance.

For more information on Turkish investment opportunities, please visit them at: https://bestpropertyinturkey.com/

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For more information about Best Property in Turkey, contact the company here:

Best Property in Turkey
Aaron Clark
info@bestpropertyinturkey.com
Istanbul, Turkey

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