1. Rental income
Investors can receive a stable income by renting out their properties. The Turkish property market offers opportunities for both short and long term rentals with the potential for high rental yields in popular areas. This is especially true for places with a high tourist flow, as well as urban centers, where there is a constant demand for housing from students, foreigners and local professionals.
2. Real estate valuation
Increasing property values are an important source of profit in Turkey due to the country's growing economy, infrastructure development and its growing popularity as a tourist destination. The rise in property values has been particularly pronounced in urban areas and destinations favored by tourists. In 2023, Istanbul became the city with the highest rate of property price growth in Europe, indicating a robust market in which investors can expect significant profits from appreciation in the value of their assets.
When considering the profit potential of real estate in Turkey, it is vital to consider various aspects such as the location of the property, current and future demand in the area, and economic trends. Strategic purchases in developing regions, especially those that are upgrading infrastructure or becoming new hubs for business and tourism, are likely to generate significant gains through appreciation.
