Owning and buying real estate in Turkey
Many foreign investors are rushing to buy properties in Turkey for various purposes. Most notably housing, stability, investment and real estate residence in addition to the fact that buying a property in Turkey is the shortest way to obtain a Turkish passport thanks to the decision to reduce the amount in order to obtain Turkish citizenship by investing or owning real estate in Turkey to only 250 thousand dollars instead of one million.
Buying a property in Turkey for the purpose of investment is an important and correct decision for any investor who wants to own a property in Turkey for several factors, including:
Turkey’s strategic location
The great facilities, incentives and multiple tax exemptions offered by the Turkish state to foreigners looking to buy real estate in Turkey
And the government encouraging to establish more new real estate projects to suit the growing demand.
The increase in tourism activity in Turkey throughout the year, which results in a guaranteed profit for investors
The right steps to buy a property in Turkey
Hiring an excellent real estate agent with great experience in the field of real estate in Turkey
Seeing the property and examining it well, on the ground and not only by describing offers for buying real estate in Turkey through various websites and electronic platforms
Study the area of the real estate project in which the apartment you want to buy is located in terms of infrastructure, the type of apartment you want to own, and all the facilities and services provided.
Always raise the ceiling of your requests and look for the apartment built according to international specifications and standards, as the return on sale or rent in such types of apartments increases with the passage of time.
Ensure that your apartment is free from structural defects and all kinds of debts, financial liabilities, mortgages, taxes and legal liabilities.
And if the goal of buying a property in Turkey is to invest, make sure of the following:
Buying a property in a quiet area, with distinctive sea views, naturally or otherwise, near vital facilities, shopping centers and distinctive, modern and integrated services.
Or in apartment complexes that follow international standards in high-end construction and services, in order to guarantee your future profit during resale or lease.
Investing in smart apartments with artificial intelligence systems in all its facilities is a unique option that will ensure high profits from the investment.