Sanaa: Trkiye boasts robust infrastructure, advanced transport networks, and a high quality of life, establishing itself as a premier safe haven for Russian real estate investors, a point underscored during a recent webinar held by the Trkiye-Russia Business Council of the Foreign Economic Relations Board (DEIK).
According to Anadolu Agency, Tanju Bilgic, the Turkish ambassador to Moscow, said recent developments in the Gulf have made Trkiye an even stronger alternative investment hub thanks to its stability during turbulent times worldwide. "Trkiye maintains its appeal for Russian nationals due to its climate, strong transportation network, reliable and transparent land registry system, advanced infrastructure, modern cities, high rental yield potential, and cultural affinity," he said.
Izzet Ekmekcibasi, chair of the Trkiye-Russia Business Council of DEIK, highlighted that geopolitical tensions around the Strait of Hormuz have intensified the need for stable investment environments, prompting investors to turn their attention to Trkiye's real estate market.
Nesecan Cekici, chair of the Real Estate Investors' Association (GYODER), emphasized that investors are more focused on trust and legal certainty than on investment returns. She noted that bilateral cooperation between Trkiye and Russia should expand to include sectors such as logistics, healthcare, data centers, and urban renewal.
Zafer Baysal, a board member of both the Housing Developers' and Investors' Association (KONUTDER) and GYODER, stated that foreign investors are no longer making investment decisions primarily to obtain citizenship. Instead, they are seeking refuge from global uncertainty and prioritizing prime locations, liquidity, and long-term security. Baysal said Trkiye serves as a critical gateway to the Mediterranean while bridging Asia and Europe, offering unique investment opportunities and a high standard of living.
Ekaterina Avdeeva, chair of the Real Estate Investments Commission at the Russian Chamber of Commerce, reported that Russian investor interest in Trkiye has surged 20% since the beginning of the year. Avdeeva noted that Russian investors continue to favor destinations such as Istanbul, Antalya, Mersin, and Bodrum, reflecting sustained demand for both major cities and tourist destinations. She highlighted that modern investors prioritize long-term capital security and transparency over price advantages and added that Trkiye meets foreign investors' expectations through its legal framework, investment environment, and transportation infrastructure, making it an attractive destination amid global market volatility.