Date: | Friday, October 30, 2020 |
The Turkish economy is distinguished by its strength and stability, as it was able to prove itself in the face .
The Turkish economy is distinguished by its strength and stability, as it was able to prove itself in the face of many obstacles and historical turns, and economic stability is one of the secrets of the success and prosperity of various real estate investments in Turkey.
What are the elements of a strong economic structure in Turkey? How has it affected the real estate market and various investments?
An interconnected network of factors ... As a result, we see the real estate investments and development constantly increasing!
Where did the strength of the Turkish economy come from?
Turkey is a tourist country par excellence, and we can hardly count the attractions and tourist stations scattered in the different parts of Turkey due to their abundance and diversity (beaches, museums, parks, resorts, and among the famous names, Ayasofya Museum, Topkapi Palace, Temple of Artemis, the city of Old Phaselis, Maiden Tower, Bosphorus Bridge ..) Therefore, the tourism sector is classified among one of the state's basic economic resources.
The tourism movement in Turkey is always active, as it organizes tourist and leisure trips throughout the year to various Turkish regions equipped with tourism requirements.
Agricultural crops of all kinds are the raw materials for various industries in Turkey. The technological development has led to the improvement of agricultural and irrigation methods, and the increase in the general productivity of various crops.
The availability of raw materials and the technological development of industrial machinery have also led to the development of various industries, and the advancement of the industrial sector entirely, to global levels.
Industry and agriculture are one of the main economic resources that have contributed to raising the value of Turkish exports, achieving sustainable development and economic independence!
From the above, we can deduce the factors of strength and prosperity of the Turkish economy.
How does economic strength affect real estate investments?
Economic stability leads to the preservation of real estate prices relatively constant in an approximate manner, as the coming investors are reassured to invest in Turkey, in terms of preserving the value of their properties as they are, and the real estate history in Turkey attests to that!
In general, the investment movement increases, with the availability of economic strength, and the required raw materials ...
What is the role of government support?
Government support stands alongside the general economic power and increases it .. which is reflected in the increase in the number of real estate investments. And among the most prominent things mentioned in this area is the government's enactment of laws and decisions that support the investment movement, such as reducing taxes that must be paid by investors. Foreigners, and the law granting Turkish citizenship in return for real estate investment in Turkey, within specific provisions that are easy to investigate.
Many factors, and unique natural components, were combined in Turkish real estates, such as the strategic location, the wonderful view, the quality, the diversity, and the active investment movement. And the strong Turkish economy, which strengthened by the value of the real estate, has enabled investors from accomplishing a lot of profitable investments. The real estate market, which achieved wealth for the investors, rises by making real estate prices as a whole, acceptable prices, commensurate with quality and specifications, and preserving the value of these properties with relative stability, within the various local and international variables.
As long as the Turkish economy is solid, we, in turn, guarantee that any investment process will proceed regularly, on the path of success and proven profits! And this is the secret of what we observe developments in Turkey day after day.
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