With its stunning Mediterranean coastline and vibrant cities, Turkey has long been a popular holiday destination for tourists from all over the world. But did you know that it’s also an ideal spot for property investment? Let’s take a closer look at why investors are flocking to this country in droves.

The Benefits of Investing in Turkish Property

Turkey boasts an array of benefits for property investors, including but not limited to:

- A booming tourist economy. In 2019 alone, Turkey welcomed more than 46 million international visitors — a number that is expected to keep growing in the years ahead. This means that rental demand will remain high, making properties in popular destinations like Istanbul and Bodrum excellent investments for those looking for steady income streams.

- Low prices relative to other European countries. The average price per square meter in Istanbul is around €2,200—a fraction of what you’d pay in major EU capitals like London and Paris. This makes it possible to buy larger properties at lower costs than in many other parts of Europe.

- A favourable tax system. Those who own property of turkey are subject to taxation on their rental income, but can apply for deductions on some costs such as insurance and repairs. On top of this, there are no inheritance taxes or capital gains taxes on any profits made from selling a property.

- An expanding infrastructure network. In recent years, the Turkish government has invested heavily into infrastructure projects such as bridges, roads and airports—all with the aim of making Turkey a more attractive place to live and invest in. These investments have boosted economic growth and made it easier for people to travel across the country by connecting different cities with one another via road or rail links.

Turkey also offers investors plenty of choice when it comes to finding their ideal property; from coastal resorts near crystal clear waters and lush green mountainside villages offering breathtaking views, investors can easily find something that suits their needs and budget perfectly. Many overseas investors also choose to purchase rural land as an alternative form of investment; these plots often come cheaper than urban locations but offer great potential for developing agricultural businesses or ecotourism ventures down the line.

Conclusion: The combination of low prices, favourable tax laws and an expanding infrastructure network make Turkey an increasingly attractive option for property investment—whether you’re looking for a holiday home or a long-term investment opportunity that will yield returns over time. With its stunning landscapes and vibrant culture, now is definitely the time to consider investing in Turkish real estate!