Foreigners' purchase of real estate in Turkey has increased in recent years, with Istanbul properties ranked first among the Turkish states and favored by foreigners in property purchases. As for the nationalities of foreigners, Iraq ranked first in the purchase of real estate in Turkey. And this always comes to your mind dear reader one important question is, what is the reason behind the turnout of foreigners on the property of Turkey ?? To answer this question, we will tell you two important reasons why foreigners are buying real estate in Turkey:

Long-term stability

Foreign investors prefer Turkey to buy and invest in real estate for long term investment (long-term investment) due to several factors:

Turkish government facilities in the ownership of foreigners for real estate in Turkey as well as the advantages offered to foreigners when buying a property in Turkey, the most important of which is the buyer's acquisition of Turkish nationality as well as tax exemption from the added value of the property.

Turkey's political and social stability now compared to the Turkish situation itself about 5 years ago and also compared to the surrounding regional situation.

Mutual trust between Turkey and investors in the Middle East, where statistics indicate that more than 80% of investors in the Middle East, especially Arabs prefer to invest in Turkey.

Stability of real estate in the Turkish real estate market

Turkish real estate has proved its steadfastness in the Turkish real estate market against fluctuations in the Turkish lira exchange rate. In addition, the decline of the Turkish lira in Turkey has led to an increase in the number of foreigners buying real estate in Turkey.