Have you thought about the advantages you will get from buying an apartment or house in Turkey? What are the factors that encourage foreigners as well as Arabs across the globe to invest in the property? What are the benefits of having real estate property located in Turkey as well as how it do to stand out from other nations?
This article we’ll discuss 10 of the top benefits of purchasing an apartment or house in Turkey. We hope that you get all the answers to any question you may have regarding this.
Discover the benefits of purchasing an apartment Turkey:
In the following paragraph, you’ll discover the many benefits that you can enjoy when having a property in Turkey. It is important to know that Turkey is among of the top countries around the globe to invest in real estate in the form of assets.
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1 – Real estate prices in Turkey:
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 encourage foreign capital (for instance the title deed extract tax that is in Turkey is expected at 4 percent of the property’s total value, while 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 option of submitting an application to be granted an actual estate residency which is among the most significant kinds of residency that is due to the benefits that are that it offers its 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.
You can benefit from the medical and educational facilities.
– Living in Turkey legally and not being subject to a violation.
It is possible to renew it every year.
The award is presented to any family member.
3. A method to acquire Turkish citizenship:
Do you realize that a significant number of buyers looking for homes to buy in Turkey seek to acquire Turkish citizenship? In the past year, data indicated that more than forty percent of the people who bought property in Istanbul in Turkish Istanbul city Istanbul wanted to be granted citizenship.
However, is real estate property suitable to be considered a citizen? Absolutely not, since it has to meet certain requirements and these include:
Its cost must be at least two hundred fifty thousands US dollars or greater.
The commitment is not to dispose of the house prior to the expiration date of three years from the date of purchase.
You will have to pay the amount by an Turkish bank.
Be sure to purchase it from an Turkish citizen.
4. Sedentary life:
Turkey is among the top countries that can be a good fit 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 been working to satisfy the requirements of its citizens in every field.
It helps to convert all its systems to digital which will save them lots of time and effort especially when it comes to processing transactions.
It has a well-constructed and advanced transportation system which was the perfect solution to the large number of people living in Turkey which is why it was feasible to travel from one location to the next effortlessly.
5 – The evolution of education 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 be a major player worldwide. Students hail from all over the world from around the world to join it.
6 – A setting that is suitable for Arabs:
One of the top foreigners buying property within Turkey is the Arabs due to a variety of reasons 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 customs and practices.
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 popular place of choice for many investors traders, and capital owners due to the fact that, based on recent data and the components their investments are likely to pay off, particularly in the event that it is forecast that prices for real estate in Turkey will increase in the year ahead by a significant percentage, which could be as high as fifty percent.
8 – A wealth of real estate deals:
The market for real estate in Turkey is renowned for its wide variety, making it ideal for people of all budgets and tastes, and it is distinguished by the luxurious residences complete with every kind of entertainment and luxury.
Don’t forget that you can purchase a home in this country by negotiating with a trustworthy real estate agency that will give you the right property for your needs.
9 Advanced Infrastructure:
Turkey is determined to continue to and efficiently improve 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 prices.
The most well-known of the projects is Istanbul’s brand modern airport. It is described among the most important air transportation stations around the globe as well as being more modern and modernized. In addition, the construction historic project (the brand new Istanbul Water Canal) is now being constructed.
At a medical level it is home to the third-largest medical center around the globe (Basaksehir Medical City). Also, tunnels, bridges and highways and so on.
10 – An important tourist environment:
It is among the most popular tourist destinations around the globe that millions of visitors go to every year to explore its most famous landmarks, such as mosques, palaces, temples , churches, gardens, parks, castles, towers and forts.
It’s great to be in a setting of history and culture with modernity that is distinctive in its many facets and areas.
This is all we know to say about the pros and cons of purchasing houses in Turkey. If you have any questions about this, feel free to reach us for clarification of the questions for you.
The best real estate offers and real estate opportunities appropriate for you are offered to you immediately after you share with us your requirements to incorporate into your apartment.