Real estate market has always been an important sector for economic structure in both developing and developed countries. As real estate industry constantly developing around the world, there are thousands of investors trying to identify more profitable property markets. When the global crisis occurred in 2008, there was a huge fall in many industries that affected real estate market in the developed countries such as Spain, Portugal, etc. Reflection of this case, many countries are also scrutinizing construction industry for the importance on creating safe real estate market for foreign investors. Countries which had stronger standing during the global crisis provided better opportunities for the foreign real estate investors.

Since the domestic crisis in 2001, Turkish government and people has delicately worked on reconstructing economy nationwide in order to put geographic and demographic advantages in charge, so Turkey’s development kept its constant increase. Construction sector has always been an important segment of the Turkish economy for many years; however, the international interaction was way lower than expected until the early years of 2000s. In the last decade, the government policy on creating safer real estate market for foreign investors has shown an extraordinary outcomes. With these new laws provided by the government, most nationalities can buy properties from Turkish with the same rights as Turkish Citizens.

In the rise of Turkish Construction Industry, many international leading construction companies and architecture firms started to cooperate with the leading Turkish Corporations to benefit out of transformation and modernization of cities. Although, it is important for a real estate market to attract international corporations to bring their investments into the region, that does not prove the investment value of the market by itself.

What is the reason Turkish real estate market creates high demand for international investors?

Turkey’s number one advantage is country’s geographical location that settled in both Europe and Asia continents. Country’s another geographical strength is being surrounded by water; Black Sea in North, Aegean Sea in West, and Mediterranean Sea in South. Also the Marmara Sea connects Black Sea with Aegean Sea through the beauty of the Marmara region. Richness of the nature allows the country to experience four-season joy throughout year.

Another important aspect for Turkey’s development is the young generation and its work power. According to population analysis of Turkey in 2014, estimated population is 81,619,390. Nearly 50 million of the population (%59.7) is between 15-54 years which is very crucial for developed economies. The young generation relocates to developed cities for education and workforce. Youth going towards developed cities is one of the main reason for having high investment value for real estate sector. Combination of these important aspects provides safer and valuable real estate market for investors. However, we still advice investors to speak to a local Bureau bb Expert for accomplishing better results.