advantages of buying a house in Turkey for Algerians

Turkey attracts investors from all over the world, especially Arab countries.

We are especially interested in the Algerian investors who recently increased their demand to buy real estate in Turkey, especially after the issuance of the decision to grant Turkish citizenship to investors in a year  where it became possible to obtain Turkish citizenship in exchange for real estate investment and within specific conditions.

Turkish law allows Algerians to own all kinds of real estate in Turkey, apartments, villas, commercial offices, hotels, agricultural and residential lands... etc.

  The most important reasons for Algerians to buy house in Turkey:

Many of the advantages that have made Turkey's houses and real estate the focus of Algerians, and in this article we will try to take care of it as much as possible:

Real estate residence permit:

Real estate residence permit comes at the forefront of all benefits. When buying a house in Turkey  Algerian will be able to apply for real estate residence permit, which is one of the most important types of residence permit in Turkey, which gives comfort in moving between the Turkish states. In addition, all members of his family get residence permit as well, which is renewable every year. The holder is granted many services that the native Turkish citizen enjoys, such as educational, medical, and other services...

:Turkish Citizenship

Turkish citizenship cannot be in the second place among the advantages that Algerian will receive when buying a house in Turkey, as it is no less important than its predecessor. When the Algerian buys a house in Turkey its value more than 400 thousand US dollars, he will be able to obtain Turkish citizenship, if the house is not sold before three years have passed since its purchase.

Real estate appraisal document:

One of the most important things that protects the Algerian from real estate fraud is that he obtains a real estate appraisal document when buying a house in Turkey, especially when he buys a house for the purpose of real estate investment, as it accurately determine the price of the property and prevents the buyer from being a victim of real estate fraud.

Real Estate Investment:

Turkey is one of the strongest real estate markets, and this is a big factor that has attracted investors of different Arab nationalities, especially Algerian nationality to invest in Turkey. When buying a house in Turkey, it will guarantee huge and continuous returns, when he invests his house in rent, and thus will be able to recover the capital in a short time.

Encouraging Laws:

New and amended Turkish laws that encouraged the purchase of houses in Turkey, the most important of which is the repeal of the reciprocity law, which does not allow foreigners to own real estate on Turkish land unless their country allows Turks to own real estate on its land.

In addition to the laws of reducing real estate taxes so that foreigners are treated as Turks, and by amending these laws, Algerian who owns a house in Turkey will not differ from any Turkish citizen.

Low cost of living:

The most thing encourages Algerian to choose Turkey and pushes him to buy a house in Turkey instesd of different countries, the costs of living are low and largely appropriate, making Turkey a country of well-being and integrated life for anyone.

Turkey Safe haven for Algerians:

In light of the continuous devaluation of the Algerian dinar and its approach to the abyss of collapse, Algerians often seek a safe haven for their investments and money, and Turkey was considered the first town to include the benefits of investment safely, so most Algerians agreed to buy houses in Turkey.  

Turkey vs Algeria:

One of the most difficulties that Algerians suffer from in their country is getting a good house, in an upscale area that enjoys various services. In contrast, this is available in Turkey, where Algerians can buy a house in Turkey at reasonable prices, and may often be less than the prices of houses in Algeria, especially in Istanbul, the preferred city for Algerians, as it meets their real estate and investment ambitions.

Turkey is a country of vast real estate options, where you can find real estate of all kinds, large and narrow, at high and low prices, so everyone can get what they want.

active economy:

Turkey enjoys a vibrant economy, which is permanently revived, and this in turn is reflected in various other sectors, and this is what does not lose sight of anyone, as the Algerian will be able to buy a house in Turkey, in keeping its capital safe and continuously increasing.

Algerian Recession:

In contrast to the active economy in Turkey, Algeria suffers from a stagnation in the real estate market, so we find that Algerians in Turkey found a satisfactory alternative that meets their investment ambitions, in addition to the many facilities provided by the Turkish government to foreign investors.

Turkish Location:

Turkey's geographical location is not limited of excellence, but goes beyond it to individuality. Turkey enjoys an exceptional location, in addition to its proximity to the Arab world, which gives the Algerian investor the comfort of linking East and West in his investments.

Social familiarity:

The advantages are not limited to investment benefits, but go beyond it to social life. The person that is going to buy a house in Turkey, for housing, will not suffer from isolation and alienation, due to the proximity of Turkish traditions to Arab traditions to a large extent, in addition to what is known by the friendly Turkish people of kindness.

Shared culture and religion:

The Arabs generally chose to buy houses in Turkey, as Turkey is not a country far from their religious culture, and thus the Arab will not suffer from the difficulty of adapting, but will find himself in an excitingly harmonious atmosphere.

The reasons that prompted the Algerians to buy houses in Turkey, varied between economic and social purposes, and not a few of those reasons that motivate citizens to leave their homelands, this is a great evidence of the advantages that Turkey provides to the Algerians on its land.

For more details about the real estate market in Turkey, you can visit our website continuously because we are keen to monitor the reality of the real estate market in Turkey for you permanently.

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