If you need advice on ideas for investing in Turkey, we are pleased to offer you a variety of fields where you can start your investment. Turkey is one of the best countries with essential elements for the success of investment projects.
Whether you are an Arab or foreign investor, Turkey is one of the best options available for your projects. For more successful ideas about investing in Turkey, follow this article from Skyline Holding.
After the economic reforms carried out by the Turkish government, Turkey has become the sixth-largest economy in Europe. It possesses a rapidly growing market in investments and business ventures. It is particularly distinguished in the construction sector, which is one of the main sources of revenue in the country, along with real estate.
Investing in the export and import of goods has become one of the most successful investments, especially in textiles, clothing, carpets, petrochemical products, and household appliances. The automotive industry leads Turkish exports, making it a primary sector for the Turkish economy.
Moreover, Turkey's strategic location, infrastructure, and service facilities have increased its tourism importance. Turkey ranks sixth globally among the most popular tourist destinations. Tourism, along with financial consulting firms, banking offices, and translation offices, has become one of the most important investment sectors.
The agricultural sector represents about 26% of the Gross Domestic Product and is the largest Turkish labor market, in addition to the food industries, cosmetics industry, and skincare industry.
If you are an investor seeking successful and distinctive investments outside your country, these are the best sectors to exploit investment opportunities in Turkey.
The construction sector in Turkey offers enormous opportunities for investors to work in a pivotal sector in Turkey's public and private investments, especially if the investor is knowledgeable about engineering and construction. Despite the presence of many construction companies in Turkey, there are still opportunities for further investments in improving infrastructure and starting residential or commercial projects to achieve maximum profits due to rising real estate prices over time. It is possible to sell residential and commercial units under construction or wait until the construction phases are completed.
You can also initiate investment projects focusing on selling building materials and construction supplies by opening a simple shop or company and then establishing multiple branches in different regions due to the increasing profits and the abundance of projects in the country.
If you are unable to work in construction and real estate as a contractor, you can explore other investments within this field, such as:
Since the construction sector requires a lot of money to work on large projects with high-quality standards and distinctive services, there is a low-cost investment in construction before and after completing the works. These companies specialize in cleaning the construction site, preparing the area through demolition works, removing old building debris, and cleaning the area before and after the project is established. The capital for these companies only covers equipment, machinery, and a small number of workers, usually less than a dozen. These companies can also provide cleaning services for gardens or public facilities and can undertake hospitals and hotels with an added sterilization level within their program.
As real estate investment is one of the secure investments in Turkey, you should consider the best ways to invest in this field. This includes owning a property with good specifications for exploitation and investment, whether as commercial offices or dividing them into smaller residential apartments for renting or selling. There is high demand for residential apartments from expatriate students and tourists from different regions during tourism seasons and holidays.
You can also purchase land and rebuild it as luxurious villas in tourist areas or luxurious chalets. These properties are highly desirable by tourists looking for a high level of luxury and privacy, allowing you to rent out or resell them after years when their prices increase.
You can also open your own company specialized in booking and renting apartments, securing accommodation for tourists or travelers in exchange for a certain percentage of the money. It is not necessary to own a property or residential apartment, but the most important thing is to have a good reputation in the market and among real estate agents in the area and have a database with specifications and locations of properties around you.
You can start a project by establishing a company for booking and renting apartments for travelers and tourists during holidays and tourism seasons in Turkey, in exchange for obtaining a certain percentage of money and building a good reputation among clients and real estate agents.
Industrial investment attracts many foreign investors due to the encouraging advantages available, such as complete industrial cities, strong infrastructure, government facilities, tax exemptions, and development in the industrial sector. Turkey is distinguished in several areas:
Turkey produces more than 100,000 cars annually, yet only 25% of the population owns a car. With the increasing number of the middle class in Turkey, there is expected to be an increase in car ownership and demand for its spare parts. There is a shortage of automotive spare parts suppliers, so you can make significant profits by investing in automotive manufacturing or spare parts.
If you do not have enough capital to start an industry, you can trade only in spare parts or partner with companies specializing in this field. You can also take advantage of the automotive subject through another investment.
If you're interested in investing in the automotive industry without delving into buying and selling, here's a successful investment idea where you can offer a service for a percentage of the money. The investment is through a car rental office, providing services to a large number of people in Turkey.
For this investment, all you need is a simple office in a prime location, providing one or more phone lines for customer communication, and hiring as many car owners as possible and contracting with them for a certain percentage. You don't need to own a car at all for this project.
Turkey is known as a leading producer of various textiles, welcoming investors to work in the textile sector due to the massive demand from various countries. If you intend to enter the Turkish job market, investing in textile manufacturing is a good option, especially in clothing and carpets. The demand for Turkish clothing and carpets is well known for their quality, design beauty, and reasonable prices.
If you don't want to open Turkish textile factories because of their high cost, here's another investment idea focusing on clothing and textiles.
It's a highly profitable business that doesn't require many resources to start your investment and enter this market. You just need to be familiar with the market products, customer tastes, and what's in demand at different times.
You can obtain goods directly from factories and display them in your small store, adding a certain profit margin to the item's price. Alternatively, you can also sell clothes online if a physical store is not available. However, a retail store gives you the opportunity to develop your business over time and increase your profits.
One of the most important investment ideas in Turkey is working in the field of exporting and importing goods, where each country has specific types of products in demand abroad.
Exporting involves negotiating with Turkish companies and factories to obtain their products at reduced prices, shipping them to your account, and exporting them for resale at the price and profit you desire. If you don't have enough capital, you can export goods on behalf of other companies outside Turkey for a percentage or amount of money.
As for importing, you need to study the Turkish market and understand its external needs, bring in unique goods not available in Turkey, and offer them in the market. Here, you can negotiate with Turkish companies to bring in goods on their behalf for a certain amount of money.
In conclusion, we've presented various fields through which you can start a successful and guaranteed investment in Turkey. For more details on any investment, its conditions, and associated success factors, feel free to contact Skyline Holding for the best advice and optimal answers to all your questions.
