Real Estate in Turkey What should you pay attention to when buying inves | Page 5

there are many other reasons why a person should think of the investment in
Turkey some of them are listed below.
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Growth in the real-estate: While the reports show that there is a decline in
the real estate business all over the world including America and European
countries, but in Turkey, there is a growth in the real estate sector of around
18.4%. This shows how safe it is to invest in Turkey and explains why there
are many apartments for sale in Turkey.
Global evidence: Istanbul and many other big cities are considered to be
attracting the real estate investors. Also, Turkey is ranked as a 3rd most
profitable country in the sector of real estate. The real estate business is
rapidly growing in Turkey and it’s considered to be one of the best countries
for investment purpose in Europe.
Availability of properties: There are ample numbers of units for sale in
Turkey. If someone makes his mind of investing in Turkey in flats or
apartments then he can surely find the right property for him. Apartments in
Turkey for sale are equipped with all the new facilities and amenities.
Demographic factor: The demography of any area can affect the business
of that place; it can be in a negative or a positive way. But the demography
of Turkey is the most favorable for its real estate sector. All the
demographical factors are in the favor of the business let it be the population
or the distribution of land.
High GDP: The GDP of Turkey is always on the rise. The GDP was around
822 USD billion in the year 2013. 60% of the population in Turkey is under
40 years of age; this makes it a major target for foreign direct investment.
Easy availability of finance: Banks and mortgage firms provide easy
finance options for people who are looking for investment in real estate in
Turkey. This allows them to buy the property on the spot and allows for
slowly paying off the loans. This makes apartments for sale in Turkey easily
available for those who are willing to buy and invest.
Slowly becoming an economic hub: Turkey is slowly getting transformed
into an economic hub which provides extremely modern shopping centers
and an easy access to 1.5 billion people who visit Turkey for different
purposes.
The factors mentioned above can make any person interested in the apartments
for sale in Turkey. Understanding these factors will show people that real estate
investment in Turkey can be really profitable and can lead to great benefits.