Turkey is Europe’s leading investment destination for GDP growth. Strong financial and banking regulations
Globally reputable construction companies
Access to Hypothec facilities
Negative Aspects
It is not easy to obtain a land and construction license.
Many old residences not eligible for mortgage
Opportunities
High domestic demand for residential and commercial space
There are many slum renovation projects to create new housing opportunities in big cities
Regulations regarding earthquakes and natural disasters increased the need for quality construction
Increasing tourist inflow and investors create opportunities for office space and residential property development
Threats
Earthquakes are a common feature in some regions of Turkey scares investors. This situation increases the interest of foreign investors in demand for villas.
The industry is still volatile compared to mature real estate markets such as the UK and the United States.