Expectations of an increase in Emirati Real Estate Investments in Turkey during the upcoming two months
Expectations of an increase in Emirati Real Estate Investments in Turkey during the upcoming two months
The recent development in relations between Turkey and the UAE has led to the strengthening and development of the economic association between both countries; thus, there are Expectations of an increase in Emirati Real Estate Investments in Turkey during the upcoming two months.
Summary of the meeting between the two countries
It was confirmed during the (Emirati-Turkish Meeting for Real Estate Development and Construction) that was organized by the Council on Foreign Economic Relations in Dubai that there are many companies wishing to invest in the real estate sector in Turkey. In addition, there will be an increase in Gulf investments in Turkey during the coming period. Especially with the rise in tourism activity during the next two months.
Concerning the real estate field, it is also essential to state that Turkish Developers and Construction companies have a prime role in implementing a large number of real estate projects within the UAE. A total of 141 projects worth $13.5 billion have been established to date by these Turkish Companies.
Due to the overwhelming success during the implementation of the past projects, the Turkish construction companies have received offers to implement new infrastructure and superstructure projects worth $130 billion. The companies will start working on the projects within the framework of Dubai’s 2040 vision.
Emirati Real Estate Investment in Turkey
Turkey attracts thousands of real estate investors from all over the world annually. That’s because of the unlimited privileges that the Turkish government provides to real estate investors. In addition to the competitive real estate prices with the presence of these properties in a safe environment. It is worth noting that the Turkish government provides the right to obtain Turkish citizenship when investing in real estate at a value of only $400,000. Are you considering investing in real estate in Turkey? I advise you to do it; it is truly an opportunity that you shouldn’t miss! Check Properties for Sale in Istanbul suitable for real estate investment.