Top Places To Buy Property In Turkey 2021
Real estate market in Turkey has made qualitative leaps in the field of investment, and the demand has been unprecedented in recent years.
The index of purchase of apartments in Turkey continues to increase, as evidenced by the set of statistics received from the statistical institutions, which we published in a timely manner.
In this article, we read some important points regarding buying apartments in Turkey, and some additional things that must be mentioned, and other things useful to know when buying an apartment in Turkey.
Information About Foreign Ownership in Turkey
Article 35 of the Turkish Property Law, 2012, on property rights, concerning the ownership of foreigners in Turkey, provides that a foreigner be entitled to own real estate and apartments in Turkey, if the property is immovable, not located within a military zone, or any territory that follows the State in general.
Some laws have been enacted for certain nationalities, in which citizens have been given the right to buy a property that is specifically earmarked for housing.
Why Buying Properties in Turkey is Good Investment?
In Imtilak Real Estate knowing the answer to these questions is indispensable, and we will give some important details on the subject in the following lines.
There are many reasons to think about real estate investing in Turkey. One of the most important advantages of buying apartments in Turkey:
- Obtaining Turkish nationality and getting Turkey’s strong passport internationally, when buying a property worth not less than 250 thousand US dollars, and provided not to sell for three years.
Under this law, a buyer of the property is granted Turkish nationality, his wife and children who are under the age of 18 years.
Citizenship procedures are carried out in a relatively short period after completion of the buying process.
- Getting real-estate residence in Turkey: The property owner, his wife, and children are entitled to a real estate in Turkey, which is renewed annually if the value of the property is less than the US $ 250,000.
- Achieving a profitable return on investment based on Turkey’s attractive tourism force, by leasing homes during the various tourist seasons throughout the year, at good prices.
- The social environment in Turkey is a conservative environment and is close to Eastern and Arab customs and traditions, which gives a feeling of tranquility when thinking of living in Turkey.
- The relatively low cost of living in Turkey, compared with Europe and the countries of the region, with the benefits of a well-off life.
- Apartment prices in Turkey are cheaper than in European countries, with modern infrastructure.
- Turkey has a variety of beautiful places, a charming nature, a mild climate, and the ancient civilization of the beautiful cities of Turkey.
Where are the Best Places to Buy Property in Turkey?
There is no doubt that the main cities of Turkey are cities with an advanced urban activity, where there are many tourists and investors alike, and to travel from all parts of the earth.
The ideal accommodation options are available in Turkey’s state-of-the-art developments in the residential complex system, which is a safe and integrated service environment in a luxurious and sophisticated social environment.
Among the most important and popular cities to stay in are the major cities: Istanbul, Trabzon, Bursa, Antalya and other cities. Each city has its own advantages.
Recent statistics have pointed to Istanbul is Turkey’s best-selling real estate city, and is arousing interest from foreign investors looking for apartments for sale in Istanbul. Especially in the areas of Istanbul European, close to major projects, and highways in the city, where prices are expected to rise near those areas and is a great option to stay or invest for those who search for apartments for sale in Istanbul.