Turkey is strategically located at the crossroads of the Middle East, Asia, and Europe. Our country is home to almost 81 million people. The Turkish economy is one of the fastest growing economies in the world. In the last decade, Turkish real estate industry tremendously has grown thanks to huge domestic market, strong economy and easy access. Turkey offers great opportunities with its bright futures for real estate investors and buyers. There are a lot of reasons to buy in Turkey from cultural factors to economic factors.
4 Reasons to Buy a Property in Turkey
1. Strong Economy
Nowadays, our country is a 17th largest economy in the world and second largest economy in emerging Europe regions. The Turkish economy has more than tripled over the past 15 years. It is promising more growth in the future. With its strong economic growth, Turkey provides for property buyers safe place for investing their money. Over 25 million tourists visit Turkey each year boosting the property market and creating strong buy-to-let possibilities.
2. Cost of Living
The price of properties for sale in Turkey is low compared to European countries. You can get luxurious and comfortable lifestyle in Turkey thanks to the excellent exchange rate between the Turkish lira and other currencies like the pound, euro, and American dollar. The cost of living in Turkey is very low.
3. Easy Access
Thanks to centrally located between Europe and Asia, Turkey is an ideal place to buy property. Our country has a high-developing transportation system. Air travel is regular and inexpensive with international and national travel. Turkey is a perfect location with flights from other countries all year.
4. Cultural Activities and Historical Place
Turkey is hosting many historical place, beautiful nature and climate, traditional foods, stunning beaches and coastal views. In all major cities, one can find movies, plays, concerts, ballets, operas, and other varieties of cultural activities. Local festivals and traditional activities are also rising in popularity. Also, Turkey is an ideal place for alternative sports such as mountaineering, golf, scuba diving, rafting, skiing, and yachting.