10 advantages when buying an apartment in Turkey 2022
Here are 10 most important advantages you get when buying an apartment in Turkey
- Thursday 07th April 2022 08:57 PM
- Last update: Thursday 07th April 2022 08:57 PM
Have you wondered what advantages you can get when buying an apartment in Turkey? What are the reasons that push foreigners and Arabs around the world to buy it? What are the advantages of owning real estate in Turkey and how did it manage to outperform other countries?
In this article, we will present to you ten of the most important advantages of buying an apartment in Turkey. We hope that you will find all the answers to any questions you have in this regard.
Learn about the advantages of buying an apartment in Turkey:
Through the following paragraph, you will learn about all the advantages that you will get when owning a property in Turkey. It is worth noting that this country is one of the most important countries in the world for real estate investment, based on its assets.
1 - Real estate prices in Turkey:
Real estate prices in Turkey are moderate and acceptable compared to real estate prices in the European Union or in some Arab countries.
The government has also worked to reduce taxes on real estate in order to attract foreign capital (for example, the title deed extraction tax in Turkey is set to be four percent of the total property value while in Europe it is 12 percent and may exceed that.
2 - Real estate residence:
Among the advantages that you will get is the possibility of submitting an application for obtaining a real estate residency, which is one of the most important types of residency based on the advantages granted to its holder, which are as follows:
- It is possible to travel to and from Turkey easily without obtaining a travel permit.
- Movement between the Turkish states.
- Benefit from medical and educational services.
- Residing in Turkey legally without being subjected to a violation.
- It can be renewed annually.
- Awarded to all family members.
3 - A way to obtain Turkish citizenship:
Did you know that a large group of people looking for real estate for sale in Turkey aim to obtain Turkish citizenship? Last year, statistics showed that more than forty percent of those who bought real estate in the Turkish city of Istanbul aimed to obtain citizenship.
But is any real estate suitable for citizenship? Of course not, as it must meet some conditions, which are as follows:
- Its price must be two hundred and fifty thousand US dollars or more.
- Commitment not to sell the property before the lapse of three years from the date of its purchase.
- You have to pay it through a Turkish bank.
- Make sure you buy it from a Turkish citizen.
4 - Sedentary life:
Turkey is one of the most important countries in the world suitable for living in luxury and comfort, where all the necessities of life are available, and the Turkish government has worked to meet the needs of its citizens in all fields.
It works to convert all its systems to digital, thus saving them a lot of effort and fatigue, especially in completing transactions.
It has a modern and developed transportation network, which was an ideal solution for the high population density in Turkey, and thus it became possible to move from one place to another easily.
5 - Evolution of education systems:
In this country, there are many public and private schools, international schools, and important universities that have been able to occupy an important position globally. Students come from different countries of the world in order to enroll in it.
6 - An environment suitable for Arabs:
Among the most popular foreigners to buy real estate in Turkey are the Arabs, for several reasons, the most important of which are:
- The geographical location of Turkey is close to the Arab world.
- Common culture and the presence of similar customs and traditions.
- Ease of integration with Turkish society.
- Turkish language can be learned easily.
- The Islamic Religion.
- Low cost of living in Turkey.
7 - A profitable real estate investment:
Real estate in Turkey has become a destination for many investors, traders and capital owners, because according to the current components and data, their investments will pay off, especially with predictions that real estate prices in Turkey will rise during the current year by a large percentage that may reach fifty percent.
8 - An abundance of real estate offers:
The real estate market in Turkey is known for its great diversity, which made it suitable for all tastes and budgets, and it is characterized by its luxurious residential complexes equipped with all means of entertainment and comfort.
Do not forget that it is possible to buy a property in this country easily through your dealings with a reliable real estate company to offer you what suits you.
9 - Advanced Infrastructure:
Turkey is keen to continuously and effectively develop its infrastructure. If you take a look, you will find that it has the most important strategic projects in the world, which had a significant impact on the real estate sector, as it contributed to the rise in its prices.
One of the most prominent of these projects is Istanbul's new airport, which is classified as one of the largest air transport stations in the world and is more modern and developed. Also, the project of the era (the new Istanbul Water Canal) is currently being completed.
On the medical level, it owns the third largest medical center in the world (Basaksehir Medical City). Not to mention bridges, tunnels, highways, etc.
10 - An important tourist environment:
It is one of the most famous tourist destinations in the world, which millions of tourists visit annually to visit its famous landmarks such as mosques - palaces - temples - churches - parks - gardens - towers - castles and forts.
It is nice to live in an environment of culture and history combined with modernity that stands out in all its details and sectors.
That's all we have about the pros and cons of buying apartments in Turkey. If you have more inquiries about this, you can contact us to clarify the ambiguous points for you.
The most important real estate opportunities and offers suitable for you are presented to you as soon as you tell us about the desires that you prefer to provide in your apartment.