Seven The Advantages of Buying a Property in Turkey

Having a home is a dream everyone. Turkey gives you many reasons why and buying a home in Turkey is not difficult. Turkey has always been a country that attracts attention for foreign investors with its natural and cultural richness, developed transportation network, geopolitical location, developed transportation network, tourism, trade, entertainment, transportation. Turkey, with its strong, stable, and growing economy, have always offered new opportunities for investors and still working on increasing the value of investments and maintained.

Let's take a look at the advantages that await foreigners, who bought homes in Turkey

1. Obtaining Turkish citizenship

All the foreigners who own immovable property in Turkey eligible to apply for residency in Turkey. Foreigners, who purchase at least 250,000 $ of property can be obtained to apply for Turkish citizens. The foreigner himself/herself and his/her family will have the right of Turkish citizenship within six months. Buying a property in Turkey give you the possibility of making a profitable investment beside obtain the right for applying to Turkish citizenship.

 2. Residence permit

The residence permit is given easily to foreigners, who bought a real estate in Turkey. You can get 3 years residence permit for yourself and your family by buying property for 650 thousand Turkish Liras. This residence permit is given to all family members (wife/husband and children under the age of 18). Children of foreigners settled in Turkey with a residence permit can obtain the right to enroll the education institutions in Turkey.

You can get 3 years residence permit for yourself and your family by buying property for 650 thousand Turkish Liras.

3. Cheapest real estate in Europe

The real estate sector and construction in Turkey has developed very well in the recent years, offers its buyers very luxurious and modern property options. While most of the newly built houses have smart home technologies, almost all of them have luxurious social facilities such as swimming pool, spa, and gym.

4. Excellence return on investment

Turkey has strong financial institutions and finding the right financing solution, which will help you to purchase your ideal property, is easy to reach and fast to finalize. Real Estate Investment is the safest and least risky investment in residential real estate or commercial properties.

5. Low life cost

 The cost of living in Turkey is also a lot cheaper than EU countries or the US. Turkey is an agricultural country. It is possible to reach fresh fruits and vegetables in the country during the four seasons. For this reason, food expenses are very low in our country. Foreigners coming from abroad can live a comfortable life in our country due to the exchange rate.

6. Geographic location and history

Turkey is vast! With an area of 780 000 km², Ankara is the capital, Istanbul is the largest city. Turkey is a country with four seas: The Black Sea the Marmara Sea, the Aegean Sea, and the Mediterranean. All these factors made Turkey an attractive and interesting country from a tourist point of view, not only because of its geography but also because of the flora and fauna, its immense sandy beach, its ideal climate, the richness of its history. In the first two months of the year, Turkey welcomed 3.2 million tourists. Revenues generated by tourism in Turkey Last year amounted to nearly $ 30 billion in 2018

In the first two months of the year, Turkey welcomed 3.2 million tourists. Revenues generated by tourism in Turkey Last year amounted to nearly $ 30 billion in 2018

7. Full Ownership

Freehold ownership is another important benefit, for all the properties. When buying a property, you are NOT buying a share in the property, or take over the lease of it, or just rent it from the government. Whether you buy land or a house you are the sole owner of the property. It gives owners much more freedom, they can do whatever they want with their property whether selling or renovating it.