Purchase real estate in Turkey
In this article from Ebla Real estate, we will talk about the importance of buying property in Turkey and the best cities to purchase real estate in Turkey.
Goals of purchasing real estate in Turkey:
The goals of buying a property in Türkiye vary from one foreign citizen to another. Many people and foreigners choose to own an apartment in Türkiye for housing and permanent residence.
Moreover, one of the most important goals of buying a property in Türkiye is to obtain a real estate residence permit. It is worth noting that buying a property worth 75,000$ in one of Turkey’s major cities or 50,000$ in its smaller cities is the condition to obtain real estate residency in Turkey.
Furthermore, obtaining Turkish citizenship is among the most prominent goals of buying a property in Türkiye. It is worth noting that the most prominent conditions to obtain Turkish citizenship by buying a property are: (Buying a property with a value of at least 400,000$ and not to sell the property for 3 years.
Real estate investment in Turkey is also one of the goals of buying a property in Türkiye.
Invest in real estate in Turkey:
Turkey has become one of the preferred destinations for foreign investors to establish their various investment projects and manage their businesses as it offers extremely attractive opportunities to investors, especially in the real estate field.
The real estate market in Turkey has gained a reputation for being the most guaranteed investment sector. It’s the safest way to make money and also the quickest.
In recent years, Turkey has witnessed an unprecedented real estate boom and a great demand for real estate, especially in the major Turkish cities, such as Istanbul, Bursa, Antalya, and others.
Advantages of purchasing real estate 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.
- 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.
- The ease of real estate ownership procedures in Turkey and the ease of Turkish laws
- Government support for foreign investors in Turkish real estate.
- In addition, properties in Turkey are characterized by charming sea and mountain views that meet all the buyers’ tastes and needs.
The best cities to purchase real estate in Turkey:
Istanbul:
Istanbul is Turkey’s window to the world. Moreover, it is one of Turkey’s largest and most important cities. Furthermore, Istanbul, Turkey is a cultural, historical and economic hub. It includes the best vital facilities and service centers. In addition, Istanbul has many options of real estate with developed services and charming views.
Bursa:
Bursa, which is a preferred destination for investors, is the fourth largest city in Turkey and one of the most livable cities in Turkey. Moreover, it is characterized by the urban transformation and the prosperity of the projects. In addition, it includes many historical and tourist attractions.
Antalya:
Antalya has become a preferred destination for living and stability for many. The real estate market in Antalya has witnessed a great boom in the past five years and has become an excellent real estate investment destination like the rest of Turkish cities.
Ankara:
Ankara is the official political capital of the Republic of Turkey. Moreover, it is the second-most populous city in Turkey, with a population of more than 5 million. It is also the third-largest in Turkey, with an area of 30,000 km2. The city of Ankara attracts huge numbers of foreigners and Arabs due to many advantages. It is among the preferred destinations to purchase real estate in Turkey.
Edited by: Ebla Group Real Estate
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