The benefits of buying a property in Turkey
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Turkey has attracted global attention in recent years with regard to the booming real estate and real estate investment field. With its strategic location between Europe and Asia, its rich history and cultural heritage, and relatively affordable real estate prices in Turkey compared to other European cities or Dubai, Turkey has become a popular destination for foreign real estate investors. The Turkish government also played an important role when it launched a series of initiatives to encourage foreign investment, such as granting Turkish citizenship to real estate buyers on easy terms. As a result, the real estate market in Turkey has experienced significant growth, with a wide variety of properties available to cater to different budgets and tastes. In this context, exploring the opportunities and advantages of investing in real estate in Turkey has become a growing desire for both real estate buyers and investors from the Turkish real estate market.
What are the benefits of buying a property in Turkey?
There are several benefits to buying a property in Turkey, including:
1- Real estate prices in Turkey are reasonable and appropriate: Turkey offers affordable real estate prices and options suitable for everyone, compared to other popular destinations such as Spain, Portugal, Italy, and Dubai.
2- The growing tourism sector: Turkey is a popular tourist destination, attracting millions of visitors every year. This means that owning a property in Turkey can be a profitable investment opportunity, as you can rent your property to tourists and achieve a high and guaranteed income.
3- Ease of obtaining a residence permit in Turkey: If you buy a property in Turkey, you are eligible to apply for a residence permit for you and your family, which allows you to stay in the country legally, and can be renewed annually.
4- The strategic location of Turkey: Turkey is located between Europe and Asia, which makes it an important transit center. This strategic location also makes Turkey an attractive destination for foreign investors.
5- High quality of life: Turkey has a high standard of living, modern infrastructure, excellent healthcare facilities, a high standard of education, and a rich civilization and cultural heritage.
6- Possibility of obtaining Turkish citizenship: The Turkish government has developed a Turkish citizenship law that allows foreigners who invest in real estate in Turkey at a value of $400.000 to become Turkish citizens and hold a Turkish passport. Learn about the new amendments to the Turkish Nationality Law 2023
7- Diversity of properties and options: Turkey offers a wide range of properties, from modern apartments to luxury villas, to meet different budgets and tastes.
8- Possibility of raising capital: The real estate market in Turkey is growing at a tremendous speed, which makes it a great option for those looking to invest in real estate and generate potential profits.
9- Tax Free in Turkey: Turkey has some of the most favorable tax laws in the world, making it an attractive option for those looking to invest in real estate.
10- The exchange rate of the Turkish lira against foreign currencies: The Turkish lira is generally considered weaker than the major global currencies such as the euro, the US dollar, and the British pound, which means that foreign buyers can get more value for their money when buying a property in Turkey.
11- High rental yields: Rental yields in Turkey are higher than in many other countries, making it an attractive option for those looking to invest in and rent out real estate for the long term.
12- A stable political environment: Turkey has a stable political environment, which makes it a safe choice for those wishing to invest in real estate.
Suitable options for real estate investment in Turkey
Turkish citizenship offer for 1+1 apartment with full Bosphorus view.
This luxury apartment, of the type 1+1, with an area of 86 sqm, located in the city center.
Luxury flat with a central location in Sisli area, overlooking the Bosphorus and the beautiful city of Istanbul.
The project located in Bomonti area, where the significant business, entertainment, culture, arts and shopping centers.
This apartment offers you an exclusive lifestyle near the Bosphorus.
Beyond luxury project in Sariyer with Bosphorus view.
Large luxury apartment in a unique tower in Sariyer Istanbul.
3+1 apartment with an area of 206 sqm, offered with full charming view of Bosphorus and the bridges.
The most valuable and unique location is waiting for you to invest.
In this project, you will be in the heart of the city and business centers.
The most chosen project by investors in Istanbul.
Investment apartment in the best project in the center of Istanbul.
Large apartment of type 1+1 with an area of 90 square meters, suitable for housing or investment.
Bomonti luxury apartments overlooking the sea and the Bosphorus.
The most promising investment projects in Istanbul in the central Sisli district, which is managed by Rotana International Hotels.
This project is considered one of the best destinations for business owners as it offers the finest working spaces in the city with its unique location, perfect planning, spacious facades, quality of construction, outstanding services and advanced technological infrastructure.