There are several reasons why buying real estate in Turkey can be profitable in 2023:
Turkey's economy is developing rapidly, which contributes to the growth of real estate prices, especially in tourist areas. However, compared to other European countries, real estate prices in Turkey are not yet high enough to immediately reject this option.
Turkey has a large tourism industry, which means that the opportunity to generate income from rental properties is great.
The Turkish government has recently taken steps to attract foreign investors by reducing red tape and introducing new legislative measures to ensure investor rights.
Low mortgage rates and affordable loans for foreign citizens.
Turkey has an advantageous geographical location that makes it an attractive place for people from many countries to relax and live, and also provides convenient access to the markets of Europe and Asia.
Overall, Turkey may be attractive to those looking for a low-cost but profitable property investment option with the potential for rental income and the prospect of further property price appreciation. However, before buying a property, it is worth researching the market thoroughly and contacting a reliable Trust United company to avoid possible problems with the law.