Skip to content

Should I Buy An Apartment In Turkey?

  • by

Have you ever thought about the benefits you will get from buying an apartment or house in Turkey? What are the factors that encourage foreigners as well as Arabs all over the world to invest in the property? What are the benefits of investing in real estate within Turkey as well as how it achieve its success over other nations?

Here, we’ll give you 10 of the main benefits of purchasing an apartment Turkey. We hope you’ll discover the best information you need to answer any questions you may have regarding this.

Find out about the benefits of purchasing an apartment Turkey:

In the following paragraph, you’ll discover the many benefits that you can enjoy when purchasing a home in Turkey. It is important to note that Turkey is one of the top nations in the world to invest in real estate in the form of assets.

1 – Real estate prices in Turkey:

The prices for real estate in Turkey are not too high and are acceptable in comparison to the real estate costs that are found in European Union or in some Arab countries.

The government also has worked to cut the taxes on real estate properties to draw foreign capital (for instance the title deed extract tax for Turkey is expected to be 4 percent of the property’s total value, whereas in Europe it’s 12 percent and it could go over the threshold.

2 – Real estate residence:

One of the benefits that you’ll enjoy is the ability to submit an application to obtain an real estate residency which is among the most significant kinds of residency, that is based on the benefits given to the holder which include:

It is possible to travel between and to Turkey quickly and without needing the necessary travel permit.

It is a movement between Turkish states.

You can benefit from educational and medical services.

– Living in Turkey legally, without being a victim of a crime.

It is possible to renew it every year.

The award is given to everyone in the family.

3 – How to get Turkish citizenship:

Have you heard that a significant number of buyers looking for properties to buy in Turkey seek to acquire Turkish citizenship? Statistics from last year revealed that over forty percent of people who bought property in Istanbul in Turkish capital city Istanbul were looking to get citizenship.

But is every real estate eligible to be considered a citizen? No, because it must satisfy certain conditions that are:

The price has to be at least two hundred fifty thousands US dollars or greater.

A commitment not to dispose of the house prior to the expiration date of three years from the date of purchase.

You must make the payment via the Turkish bank.

Be sure to purchase it from an Turkish citizen.

4 – Sedentary lifestyle:

Turkey is among the top countries in the world that is suitable to live in luxurious and comfort. It is a place where all the essentials of living are accessible as well as it is a country where the Turkish government has made efforts to satisfy the needs of its citizens across all areas.

It is working to convert all of its systems into digital, which will save them lots of time and effort especially when it comes to processing transactions.

It has a well-constructed and well-developed transportation system, which was the perfect solution to the huge populace density of Turkey which is why it was feasible to travel from one location to the next effortlessly.

5 – Evolution of educational systems:

In the United States there are a variety of private and public institutions, schools that are international and prestigious universities that have managed to hold a prominent position worldwide. Students hail from all over the world around the globe to be enrolled in the.

6 – A setting that is suitable for Arabs:

The most sought-after foreigners buying property and property in Turkey include the Arabs due to a variety of reasons which include the following that are:

The geographical place of Turkey is near to Arab world.

– Common culture , and the existence of similar customs and practices.

Ease of integration into Turkish society.

The Turkish language is a language that can be easily learned.

It is the Islamic Religion.

The cost of living is low in Turkey.

7 – A profitable real estate investment:

Real property in Turkey is now a top location for many investors, traders and capitalists, since, according to recent data and the components their investments will yield dividends, particularly when it is predicted that the prices of real estate in Turkey will increase in the year ahead by a significant percentage, which could reach fifty percent.

Get in touch with our team when looking for a Turkey apartment for sale

8 – A wealth of real estate opportunities:

The market for real estate in Turkey is renowned for its wide variety, that makes it perfect for everyone’s budgets and tastes, and it is distinguished by its lavish residential communities that are equipped with every means of entertainment and luxury.

Don’t forget that you can buy a house in this country through dealing with a reputable real estate agency that will provide you with the best option for you.

9 Advanced Infrastructure:

Turkey is eager to continually and efficiently improve its infrastructure. If you examine at the infrastructure, you’ll see that it is home to the biggest strategic projects around the globe and had a huge impact on the property market and has contributed to the increase in the prices.

The most well-known of the projects is Istanbul’s brand modern airport. It is described as being one of the biggest airports for air travel worldwide as well as being more modern and well-developed. In addition, the construction historic project (the modern Istanbul Water Canal) is now being constructed.

At a medical level it is home to the third largest medical facility worldwide (Basaksehir Medical City). Also, tunnels, bridges and highways and so on.

10 – An important tourist environment:

It is among the most renowned tourist destinations around the globe that millions of visitors go to every year to explore its most famous landmarks, such as mosques, palaces, churches, temples, gardens, parks, castles, towers and forts.

It’s nice to be in a place that is rich in history and culture, but with modernity that is distinctive in every aspect and areas.

This is all we know on the pros and cons of purchasing homes in Turkey. If you have any questions about this, feel free to get in touch with us to clarify any questions for you.

The most significant real estate offers and real estate opportunities that are suitable for you will be presented to you immediately after you share with us your desires to have in your home.