Yalova, a city located in northwestern Turkey along the shores of the Marmara Sea, has been steadily gaining attention from investors, particularly in the real estate sector. Its unique combination of natural beauty, strategic location, and growing development potential makes it an appealing destination for property investment. Here are the key reasons why buying a real estate apartment in Yalova is considered a sound investment:
Strategic Location
Yalova sits at the crossroads of major urban centers in Turkey, offering excellent connectivity to Istanbul, Bursa, and Izmir. The city is just an hour away from Istanbul via ferry, making it an ideal option for those who want proximity to Turkey’s largest city without the high cost of living. Additionally, Yalova’s location on the Marmara Sea offers stunning views and a peaceful environment, attracting both local and international investors.
Growing Infrastructure and Development
In recent years, Yalova has seen substantial infrastructural growth, including road networks, modern residential projects, and commercial developments. The construction of bridges and highways, particularly the Osmangazi Bridge, has made it even more accessible, further increasing its attractiveness to investors. These developments have led to rising property values, making it a promising region for long-term investment.
Affordable Property Prices
Compared to Istanbul and other major Turkish cities, real estate prices in Yalova are still relatively affordable, offering a high potential for return on investment. Investors can purchase apartments with scenic sea views or in newly developed areas at competitive rates. As the city continues to grow and urbanize, property values are expected to rise, offering significant capital appreciation over time.
Tourism Potential
Yalova is renowned for its thermal springs, lush green landscapes, and seaside resorts, making it a popular destination for domestic and international tourists alike. The region is home to several natural attractions such as the Yalova Thermal Baths, Sudüşen Waterfall, and hiking trails in the nearby mountains. This growing tourism industry enhances the appeal of owning rental properties, as short-term vacation rentals can generate substantial income, especially during peak tourist seasons.
Peaceful Environment with Natural Beauty
For those seeking a lifestyle investment, Yalova offers a serene environment with picturesque landscapes, coastal views, and natural hot springs. The city provides a peaceful alternative to the bustling life in Istanbul, appealing to families, retirees, and individuals looking to escape the fast-paced urban environment. This quality of life factor can also boost the demand for real estate, especially among expatriates and retirees.
Government Incentives for Foreign Investors
The Turkish government has implemented several incentives to attract foreign real estate investors, including offering Turkish citizenship through property investment. For foreign buyers looking to obtain Turkish citizenship, Yalova presents an affordable and attractive option. The process of purchasing property in Yalova is straightforward, with legal frameworks in place to protect the rights of foreign investors.
High Rental Yields
The growing population and influx of tourists have led to increased demand for rental properties in Yalova. The city’s proximity to Istanbul makes it a favored residential choice for commuters, while its tourism appeal ensures a steady stream of short-term rental opportunities. Both long-term and vacation rentals offer investors solid rental yields, ensuring a reliable income stream.
“Omran TRK” for real estate development and investment
OmranTrk has acquired great experience in the real estate market since its establishment in 2016, and has earned the confidence of the authorities and the government responsible for regulating the real estate sector in Yalova.
Since its establishment in 2016, OmranTrk Real Estate Company has raised the slogan “Safe Investment in the heaven of earth”, to be the beginning with successful projects that caught the attention of investors and businessmen from various Arab countries, most notably the “Cennet Yalova” project and “Cennet çınarcık”.