Buying a property in Turkey – Advantages of buying a property in Turkey

Buying a property in Turkey and its advantages.. The real estate sector in Turkey is one of the best and most successful investments. In addition, purchasing a property in Turkey has many advantages and benefits in terms of stability and living or in terms of work and investment. As we will talk in this article:

Buying a property in Turkey:

Purchasing a property is the best first step for foreigners in Turkey, whether for residence or investment. Moreover, owning a property in Turkey is a right choice and a good decision because there are many advantages.

Factors and motives of buying a property in Turkey:

Geographical location of Turkey:

Turkey has a special strategic location, as it is considered a link between the continents of Asia and Europe.

It also has very important sites, roads and sea lanes of great commercial and investment importance. Such as: the Bosphorus, the Sea of Marmara and the Dardanelles Strait, which together constitute a link between the Mediterranean and the Black Sea.

In addition, Turkey is characterized by a moderate climate in general, especially the coastal areas. This is what attracts many foreigners to reside and do their business in Turkey.

The robust economy of Turkey:

The economy of Turkey is an emerging market economy, as defined by the International Monetary Fund.

Moreover, Turkey has the 20th largest nominal GDP in the world, and the 11th largest GDP by purchasing power parity.

Furthermore, Turkey is an industrialized country, it has a well-developed automobile industry, and is famous for the shipbuilding and furniture industry.

Additionally, Turkey has well-known electrical brands, such as Beko, Vestel, and others. It is also one of the most important manufacturing companies of white goods, consumer electronics and new technologies.

In addition, there are many factors that strengthen the Turkish economy, such as construction and real estate development, banks, textiles, food, and the iron and steel industry.

Tourist position of Turkey:

Turkey is one of the most important ten countries in terms of tourist attractions in the world.

Tourism in Turkey is one of the most important pillars of the Turkish economy, as it is one of the most important tourist destinations in the world. That is due to its moderate climate, natural beauty, in addition to the historical monuments and many other factors.

The number of visitors exceeds 30 million in Turkey annually. This positively affects the economy of Turkey as the tourism revenues exceed 25 billion dollars annually. Therefore, Turkey is one of the 10 countries with the highest tourism revenues in the world.

Advantages of buying a property in Turkey:

Turkey is a highly safe country, particularly in large cities like Istanbul, Bursa, Ankara, and Izmir.
Moreover, Turkey is an advanced country in terms of infrastructure, transportation, education and health.
Turkey offers a great climate, beautiful nature, many historical sites and exquisite cuisine.
Furthermore, the Turkish government simplified the buying process, which can be completed within a week.
Properties in Turkey are freehold regardless of the owner’s nationality, contrary to some countries.
Additionally, the cost of living in Turkey is a lot cheaper than EU countries or the US.
The prices of luxury properties in Turkey are also affordable.
Investing in the real estate market in Turkey generates a high return.
Obtaining a residence permit.
The possibility of applying for Turkish citizenship, and this one is one of the most important advantages of buying a property in Turkey.
In addition, the possibility of obtaining a strong Turkish passport internationally, after obtaining the Turkish nationality.