Turkey has transformed dramatically in the previous 20 years, becoming cleaner and greener, with large new urban developments. Turkey is rapidly expanding. Why is it worthwhile to invest in Turkey during this era of growing urbanization?
Turkey’s urban population has increased from 25% in 1950 to over 75% presently. This has resulted in significant infrastructural and budgetary demands in key cities like as Istanbul, Izmir, and Ankara, as well as smaller cities such as Eskisehir and Mersin. Its priorities include social inclusion, sustainable development, environmental dangers, and urban planning. There is still time to invest during its rapid development and be a part of the wave that ushers in its new urbanized period.
Early investments in Turkey’s urbanization drive were extremely profitable, particularly in cities such as Gaziantep, Antalya, and Adana. Early private-sector investors and those who invested on the eve of urbanization have reaped considerable market profits as a result of this expansion.
For people looking to leverage on their country’s economic growth and progress, the Turkish government has offered accessible market entry opportunities. With a huge domestic market, a youthful population, a trained labor force, a strategic location, government incentives, low tax rates, and fast increasing diversified industries, capitalizing on growth for the benefit of the country is a wise move.
Some things stay constant; as cities around the nation expand, so do the beautiful views and wonderful lifestyle options accessible in Turkey. Affordable luxury villas are offered in new projects throughout the country, from Atesehir to Beylikduzu in Istanbul. Urbanization today prioritizes vegetation and makes the most of natural settings, such as sea vistas. Throughout the country, there are several high-quality developments.
Turkey is where the urban lifestyle meets the very human needs of its inhabitants. Real estate is a simple entry point to invest in this exceptionable period of economic growth. With discounts for cash payments, strong local infrastructure development surrounding new projects and old neighborhoods, and a favorable exchange rate, astute investors will continue to look towards Turkey to invest in real estate and urbanization.
