The Booming Tourist Destination
Discover Ankara's Real Estate
An old city getting transformed into a modern metropolis, Ankara offers a welcoming sight. With the picturesque view of the old architecture and paved streets, the city has been such an attraction to tourists. Investing in the rental market of this city puts you in a good position as an investor.
Culture, History, and Business
Ankara is the Turkish capital, as well as the second-largest city in the country. It is home to over 4.5 million residents and still offers an enriched culture. Ankara is a wonderful city and is the center of several interesting activities such as Ballet and State Opera. In the real estate properties of the city, you may find every kind of property from luxury family homes to small apartments to large houses. Most properties that you will find on which investments can be made easily are villas, residences, and condos.
The city of Ankara is a good investment option for investors as the city has a very stable and growing economy. The average economic growth of Ankara is 5.2% in real GDP. It is the fastest economy in OECD countries. Turkey has the strongest and robust economy within its union countries. As the economy of the city is good, it depicts that more investment will be coming to the city, and the real estate market will also grow in the upcoming years.
Real Estate Appeal
Residential complexes are one of the properties that are always high in demand. The residential complexes consist of various kinds of apartments in them for singles, families, and couples. They usually contain similar facilities such as swimming pools, gyms, security at gates, community centers, etc. There are one-bedroom to four-bedroom apartments in these residential complexes. Also, you can find penthouses that consist of four to five rooms.
The prices of these apartments differ according to the location of the residential complex. The complexes that are nearby the natural habitats and have appealing views are usually more expensive than the others. The payment method for these kinds of apartments is usually the same.
They demand an amount of 50% as an upfront payment, and the remaining payment can be made in the next 12-24 months, depending on the rules of the complex that you are buying the apartment in.
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