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Are Apartments In Turkey A Good Investment?

Have you thought about the advantages you will get from buying an apartment or house in Turkey? What are the factors that entice foreigners and Arabs all over the world to purchase the property? What are the benefits of investing in real estate located in Turkey in the first place? How did they achieve its success over other nations?

Here, we’ll discuss 10 of the main advantages of purchasing an apartment or house in Turkey. We hope that you get all the information you need to answer any questions you might have about this.

Find out about the benefits of purchasing an apartment Turkey:

In the next section, you’ll be able to discover the many benefits that come with having a property in Turkey. It is important to know that Turkey is among of the most sought-after nations in the world to invest in real estate in the form of assets.

1 – Real estate prices in Turkey:

Prices for real estate in Turkey are not too high and are acceptable when compared with the prices for real estate that are found in European Union or in some Arab countries.

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

2 – Real estate residence:

One of the benefits you can enjoy is the ability to submit an application to be granted an real estate residency which is among the most popular kinds of residency, that is based on the benefits given to the holder which include:

It is possible for you to travel to and from Turkey with ease without having to obtain an entry permit.

It is a movement between Turkish states.

Get educational and medical services.

– Living in Turkey legally and not being a victim of a crime.

It is possible to renew it each year.

The award is presented to any family member.

3. A method to acquire Turkish citizenship:

Have you heard that a significant number of buyers looking for homes to buy in Turkey are looking to get Turkish citizenship? Statistics from last year revealed that over forty percent of the people who purchased real estate in Istanbul in Turkish capital city Istanbul were looking to get citizenship.

However, is real estate property suitable to be considered a citizen? Absolutely not, since it must satisfy certain conditions and these include:

Its cost must be at least two hundred fifty million US dollars or greater.

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

You must pay the amount by the Turkish bank.

Be sure to purchase it from an Turkish citizen.

4 – Sedentary lifestyle:

Turkey is among the countries that is considered to be the most important that can be a good fit to live in luxurious and comfort. All the essentials of life are readily available as well as there is an abundance of amenities. Turkish government has made efforts to satisfy the requirements of its citizens across all areas.

It helps to convert all 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 is a perfect solution to the huge populace density of Turkey and 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 come from various countries around the globe to join it.

6 – A suitable environment for Arabs:

The most sought-after foreigners buying property and property in Turkey is the Arabs with a number of motives which include the following which is:

The geographic place of Turkey is in close proximity to Arab world.

Common culture and the sharing of common traditions and customs.

Ease of integration into Turkish society.

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

Islam is an Islamic Religion.

Low cost of living in Turkey.

7 – A profitable real estate investment:

Real property in Turkey is now a popular location for many investors, traders and capitalists, since, according to recent data and the components the investments they make are likely to pay off, particularly when it is predicted that prices for real estate in Turkey will increase during this year by a significant percentage, which could be as high as fifty percent.

8 – There are a lot of real estate opportunities:

The market for real estate in Turkey is renowned for its diversity that makes it ideal for people of all budgets and tastes. And it is distinguished by the luxurious residences that are equipped with every means of entertainment and convenience.

Remember that you can purchase a home in the country with ease 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 develop its infrastructure. If you look 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 real estate industry and helped to increase the cost of property.

The most notable of the projects is Istanbul’s brand modern airport. It is categorized as being one of the biggest air transportation stations around the globe and is also more modern and modernized. In addition, the construction new project of the time (the modern Istanbul Water Canal) is now being constructed.

In terms of medical facilities It is home to the third largest medical facility worldwide (Basaksehir Medical City). Also, highways, bridges, tunnels and so on.

10 – An important tourist environment:

It is among the most renowned tourist spots in the world and millions of travelers go to every year to explore its most famous landmarks, such as mosques, palaces, churches, temples, gardens, parks and castles and towers.

It’s great to be in a place that is rich in history and culture, but with modernity that shines in its many facets and areas.

This is all we know to say about the advantages and disadvantages of purchasing a Turkey apartment for sale. If you have additional questions regarding this, please reach us for clarification of the questions for you.

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