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Feb 5, 2023

Turkey Real Estate: Advantages of Real Estate Investment in the Black Sea Region

The Turkey real estate sector has achieved great development and prosperity and has become one of the most important pillars of the Turkish economy, and this is what attracted foreign and Arab investors from all over the world to buy property in Turkey real estate and start real estate investment in Turkey.

It has been noted that investors have increased interest in the Black Sea region in Turkey in particular and the increasing demand of investors to buy Turkey real estate within the Black Sea region and the activity of the tourism movement in Turkey within this region, which has played a major role in attracting more money to it, as many Tourist establishments such as resorts, restaurants and hotels have been built.

Investors tend at the moment to establish tourist villages in the region, especially within the Jambashi plateau, which is two thousand meters above sea level.

The Saudis had the largest share of investments in the region, as they occupied the first place in buying Turkey real estate in the Black Sea region, followed by Iraqi and Kuwaiti investors.

Black sea region in Turkey:

The Black Sea region in Turkey is considered one of the most charming and beautiful regions in the region, as it is characterized by its picturesque nature and charming green landscapes. The Black Sea coast extends over long distances and includes many beautiful coastal cities such as Trabzon, Samsun, Rize and Ordu.

The Black Sea region is considered an important cultural and historical center, as this region contains historical monuments and tourist attractions such as ancient castles, ancient churches, and historical mosques. In addition, the region is known for its rich cultural traditions and delicious cuisine that make it a favorite destination for visitors and tourists looking for a unique and enjoyable experience.

The Black Sea region of Turkey offers various opportunities for tourism and nature exploration, where visitors can enjoy walking in dense forests, strolling along beautiful sandy beaches, and exploring picturesque valleys.

Due to this natural beauty and cultural diversity, the Black Sea region of Turkey is an ideal and desirable destination for visitors and tourists who are looking for a unique and enjoyable tourist experience in the heart of picturesque nature which makes it the focus of attention of investors, especially in the field of Turkey real estate.

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Investing in the Black Sea region in Turkey:

Investing in the Black Sea region of Turkey is considered an exciting and feasible option, given the many promising opportunities that this region offers, especially in the field of Turkey real estate. The Black Sea region is distinguished by its stunning natural beauty and strategic location, which has made it a center of trade and economics. A variety of investment opportunities are available in this region including agriculture, industry, tourism, energy and Turkey real estate.

Advanced infrastructure and major government projects such as road, railway and port projects are part of the government's strategy to promote economic development in the Black Sea region. The region is also witnessing an increase in interest from investors thanks to economic reforms and legislation that enhance the investment environment.

Due to these promising opportunities and positive economic developments in the region, Turkey's Black Sea region could be an exciting investment destination for investors looking for great returns and future growth opportunities.

Reasons that encourages investment in the Black Sea region:

There are many reasons that encouraged investors to invest in Turkey real estate in the Black Sea region, the most important of which are:

  • The nature of the picturesque area: The Black Sea region in Turkey is considered one of the most beautiful natural areas where the mountain, the sea, the plain and many large and wide green spaces and dense forests meet, allowing you to watch and enjoy the most beautiful scenery in it and inhale the clean, pollution-free air .
  • The prosperity of the tourism sector: The tourism sector in Turkey within the Black Sea region is of great importance, as large numbers of tourists flock continuously and periodically to enjoy the beautiful scenery and historical sites, which is positively reflected on all forms of investment in the region, especially real estate investment.
  • Competitive prices for real estate: Buying a property within the Black Sea region is considered one of the golden opportunities where you can buy property at a cheap price compared to buying property in Istanbul, for example, and this is what distinguishes Black Sea real estate despite its high quality specifications.
  • Amazing view: Many who want to buy property in Turkey accept real estate in the Black Sea region because of its amazing views of the sea directly, including mountains, forests and green spaces.
  • The temperate climate: This particular point attracts Gulf investors in particular due to the hot weather that characterizes their country.
  • The many forms of real estate: The real estate market in Turkey includes a variety of real estate options to suit all tastes. Large farms, luxury villas, and land are abundant in the Black Sea region. There are ready-made residential complexes and regular apartments where everyone can get what they want and what suits their tastes.
  • Hospitality by the residents of the Black Sea region: The residents of the Black Sea are characterized by generosity, good morals and hospitality, and this is what attracts many to buy property in Turkey in the Black Sea region, as you will feel as if you are among your family and friends in your homeland.
  • Existence of Ordu Airport - Giresun: The opening of Ordu Airport in 2015 had a major role in revitalizing the tourism and air traffic to the Black Sea region, and this airport was built on the sea and greatly contributed to supporting investments in the region.
  • Infrastructure development: The Turkish government has paid remarkable attention to this region and has worked to improve its services, as we find that it contains all the service and recreational facilities that the region's residents and tourists may need, in addition to the existence of a transportation network that connects it to the rest of the Turkish regions and cities.

At the end of this article, we hope that we have covered everything that distinguishes the Black Sea region in Turkey, buying real estate in it and real estate investment in the region to give you a general and comprehensive picture in case you want to buy property in Turkey for the purpose of real estate investment or residence.

We are ready to answer all your inquiries, so do not hesitate to contact us via WhatsApp, here.

 

 

 

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