Have you ever thought about the benefits you will get from buying one of the apartments in Turkey? What are the factors that encourage foreigners as well as Arabs all over the world to purchase the property? What are the benefits of having real estate property located in Turkey as well as how it achieve its success over other nations?
Here, we’ll give you 10 of the main advantages of purchasing an apartment or house in Turkey. We hope that you get all the answers to any question you might have about this.
Find out about the benefits of owning an apartment or house in Turkey:
In the next paragraph, you’ll be able to learn about the benefits that come with purchasing a home in Turkey. It is important to know that Turkey is one of the top nations in the world to invest in real estate in the form of assets.
1 – Real estate prices in Turkey:
The prices for real estate in Turkey are not too high and are acceptable when compared with the prices for real estate that are found in European Union or in some Arab countries.
The government has also been working to lower the tax on real estate 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 it could go over the threshold.
2 – Real estate residence:
One of the benefits you’ll enjoy is the option of submitting an application to be granted an real estate residency one of the most popular kinds of residency that is that is based on the benefits that it offers its holder, that are:
It is possible to travel between and to Turkey quickly and without needing the necessary travel permit.
It is a movement between Turkish states.
You can benefit from educational and medical services.
– Reside in Turkey legally and not being subject to a violation.
It is possible to renew it every year.
The award is given to any family member.
Get in touch with the team at Prime Property Turkey when you are searching for a Turkey apartment for sale…
3. A method to get Turkish citizenship:
Have you heard that a significant number of buyers looking for properties to buy in Turkey seek to acquire Turkish citizenship? Statistics from last year indicated that more than forty percent of the people who purchased real estate in Istanbul in Turkish Istanbul city Istanbul wanted to be granted citizenship.
However, is real estate eligible to be considered a citizen? Absolutely not, since it has to meet certain requirements and these are:
Its cost must be at least two hundred and fifty thousands US dollars or greater.
The commitment is that the home will not be sold prior the expiration of three years after the date of purchase.
You must pay the amount by the Turkish bank.
Buy it from an Turkish citizen.
4 – Sedentary lifestyle:
Turkey is among the countries that is considered to be the most important that can be a good fit to live in luxurious and comfort. It is a place where all the essentials of life are readily available in addition, there is an abundance of amenities. Turkish government has been working to satisfy the requirements of its citizens across all areas.
It is working to convert all of its systems into digital, which will save them lots of work and stress especially when it comes to processing transactions.
It has a well-constructed and well-developed transportation system, which is a 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 quickly.
5 – The evolution of education systems:
In the United States there are numerous private and public institutions, schools that are international and major universities that have managed to be a major player internationally. Students hail from all over the world from around the world to join it.
6 – A setting that is suitable for Arabs:
The most sought-after foreigners who buy property and property in Turkey is the Arabs with a number of motives which include the following that are:
The geographical position of Turkey is near to Arab world.
– Common culture , and the existence of similar traditions and customs.
Integration into Turkish society.
— Turkish language is a language that can be easily learned.
Islam is an Islamic Religion.
The cost of living is low in Turkey.
7 – A profitable real estate investment:
Real property in Turkey is now a popular location for many investors, traders and capitalists, due to the fact that, based on recent data and the components their investments will yield dividends, particularly when it is predicted that prices for real estate in Turkey will increase during this year by a substantial amount that could reach fifty percent.
8 – A wealth of real estate deals:
The market for real estate in Turkey is renowned for its diversity making it ideal for people of all budgets and tastes, and it is distinguished by the luxurious residences that are equipped with every means of entertainment and luxury.
Remember that you can purchase a home in this country through dealing with a reputable real estate firm that can provide you with the best option for you.
9 Advanced Infrastructure:
Turkey is eager to continually and efficiently develop its infrastructure. If you examine at its infrastructure, you’ll find it is home to the biggest strategic projects around the globe that had a major impact on the real estate industry and helped to increase the cost of property.
Most well-known of the projects is Istanbul’s brand modern airport. It is categorized among the biggest air transportation stations worldwide and is also more modern and well-developed. Additionally, the historic project (the brand new Istanbul Water Canal) is in the process of being completed.
At a medical level it is home to the third largest medical facility around the globe (Basaksehir Medical City). In addition, tunnels, bridges and highways and more.
10 – An important tourist environment:
It is among the most popular tourist spots in the world and millions of travelers come to each year to see the famous landmarks like mosques, palaces, churches, temples, gardens, parks and castles and towers.
It’s great to be in a setting that is rich in history and culture, but with modernity that is distinctive in every aspect and areas.
This is all we know on the advantages and disadvantages of purchasing houses in Turkey. If you have additional questions regarding this, please reach us for clarification of the unclear points 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 desires to have in your home.