Real estate investment in Turkey achieves the best returns among investments

The real estate appraisal expert for one of the active real estate companies in Istanbul (Anil Onlu) indicated that “real estate investment in the last five years has achieved the highest return compared to other investment fields.”

And (Onlow) added: “When we check the data of the last year in the real estate sector, we can notice that prices are decreasing and increasing according to demand, and in the period in which the highest returns are obtained compared to other areas of investment, and that the most important reason for preferring real estate investment over others is The general demand for it has increased.”

Increasing apartment prices in Istanbul

Speaking about the rise in apartment prices, Onlu said that “in 2011, a house consisting of three rooms and a hall with an area of ​​120 square meters in Kadikoy was about 365 thousand Turkish liras, and in the (Göztepe) a similar house in about 385 thousand pounds, and another in (Kartal) about 320,000 pounds.

(Onlu) indicated that as of 2022, the price of a house consisting of three rooms and a hall with an area of ​​120 square meters in Kadikoy has reached 4 million and 320,000 Turkish liras, in (Göztepe) 4 million and 440 thousand liras, and in (Kartal) it has reached 4 million and 320 thousand Turkish liras. Its price is 2 million and 40 thousand Turkish liras.

The secret behind the high price of real estate

This led to the fact that investors who bought homes in Kadikoy and Götepe, did not suffer any loss in the value of the homes, while property depreciation was observed in Kartal district in Asian Istanbul.

To explain this between (Onlo) that “this situation shows that those who will make real estate investments can provide higher returns when they choose areas with high development potential compared to other areas planned for development, but in the long run.”