Can Afghans buy property in Turkey? – Owning real estate in Turkey for Afghans
Turkey is one of the leading countries where Afghans want to buy property and live. Moreover, Turkey’s moderate climate, natural beauties, attractive investment environment and affordable living costs are factors that encourage Afghans to buy properties in Turkey. Therefore, in this article from Ebla Real Estate, we will talk about owning property in Turkey for Afghans.
Table of contents:
- Statistics about Afghans’ real estate ownership in Turkey.
- Laws and conditions of owning property in Turkey for Afghans.
- Why do Afghans buy real estate in Turkey?
Statistics about Afghans’ real estate ownership in Turkey:
During the last few years, the interests of Afghan visitors shifted from merely tourism to buying properties in Turkey.
Afghans bought 2.084 houses in 2018, 2.191 houses in 2019, and purchased 1.921 houses in 2020 from Turkey. In the first quarter of 2021, this figure hit 700 homes.
According to the latest data of the Turkish Statistical Institute during the current year 2022, 3,939 housing units were sold to foreigners in July. The Russians top the list, followed by the Iranians and then the Iraqis and then the Afghans.
Most of the Afghans who bought the property in Turkey obtained Turkish Citizenship. In addition, some of them got a residence permit, and some of them got the opportunity to spend their summer holidays in Turkey with affordable accommodation costs.
Laws conditions of owning property in Turkey for Afghans:
After Turkey abolished the reciprocity law, it allowed foreigners to own and buy real estate in Turkey, including Afghans. Turkey allowed Afghans to buy real estate on its territory under some conditions:
- The area of real estate owned by one person must not exceed 30 hectares.
- Moreover, the percentage of real estate in one administrative area should not exceed 10% of the total area.
- If the property is near a security or military area, the buyer must obtain a security approval.
- Afghans have the right to own all kinds of real estate in Turkey, including residential, commercial and agricultural.
Why do Afghans buy real estate in Turkey?
- Religious and cultural rapprochement between Afghanistan and Turkey.
- The ease of real estate ownership procedures in Turkey.
- Moreover, banking systems in Turkey provide large facilities for foreigners.
- Furthermore, the Turkish authorities provide many incentives for foreign investors in the matter of buying property in Turkey.
- The Turkish government also allows Afghan citizens to obtain the residence permit and Turkish citizenship.
- Turkey is one of the most livable countries in the world.
- Moreover, owning real estate in Turkey provides Afghans with high return on investment and high rental returns.
- Additionally, there are many business opportunities in Turkey; As it is a big country with a high density of population and millions of tourists visit every year.
Ebla Real Estate Services in Turkey for Afghans:
It is worth noting that Ebla Real Estate, which is an approved company in Turkey, offers various services regarding the real estate sector in Turkey for Afghans. Among the most prominent of these services are:
- Ebla Real Estate provides legal and real estate consultancy free of charge.
- We also provide various offers that meet the conditions of real estate residence and Turkish citizenship in any area desired by the client in Bursa and Istanbul.
- Moreover, we provide the valued clients with golden opportunities to own properties in Turkey.
- Furthermore, Ebla Real Estate has the best real estate offers in Turkey for successful and guaranteed investment projects.
Edited by: Ebla Group Real Estate
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