A home is a goal for everyone. Turkey provides a number of reasons to buy an apartment in Turkey isn’t difficult. Turkey was always considered to be a nation that has attracted the attention of investors from abroad due to its cultural and natural beauty as well as its developed transportation system and geopolitical positioning, a developed transportation system and trade, tourism entertainment, and transportation. Turkey has a robust steady, stable, and expanding economy, has always provided new opportunities to investors and are still working on growing the value of investment and maintaining their value.
Let’s look at the advantages for foreigners who have bought houses in Turkey
1. Obtaining Turkish citizenship
Foreigners who own real property that is immovable in Turkey are eligible to apply for residence in Turkey. Foreigners who buy at least 250,000 dollars worth of property, are eligible to become Turkish citizens. The person who is a foreigner and their family members will be eligible for the benefits to Turkish citizenship within six months. The purchase of a home in Turkey can give you the opportunity of making money from your investment, in addition to obtaining the right to apply for Turkish citizenship.
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2. Residence permit
The residence permit can be obtained readily to foreigners who have purchased real estate in Turkey. You can obtain a 3 year residence permits for yourself and your family by purchasing the property for 650 million Turkish Liras. The residence permit is granted to everyone in the family (wife/husband and children who are under that age). Foreigners who have settled in Turkey who have an residence permit are granted the right to join educational institutions in Turkey.
You can obtain a 3 year residence permits for you and your family members by buying the property for 650 million Turkish Liras.
3. Cheapest real estate in Europe
The real estate industry and construction sector in Turkey has been growing very quickly over the last few years and providing its clients with contemporary and luxurious property choices. While the majority of newly constructed homes have modern home technology, a majority of them come with luxurious social amenities like a spa, swimming pool and fitness center.
4. Return on investment for investment excellence
Turkey has solid financial institutions, and finding the perfect financing solution which can help you purchase the perfect property is simple to find and quick to conclude. Real Estate Investment is the most secure and safest investment you can make in residential real estate as well as commercial property.
5. Low cost of life
It is worth noting that living costs are lower the cost of living in Turkey is also lower in comparison to EU states or US. Turkey is an agriculture-based nation. You can get fresh vegetables and fruits throughout Turkey throughout the four seasons. This is why the cost of food is very affordable for our citizens. Foreigners who are from abroad are able to live comfortably in our country because of an exchange rate.
6. The geographical location and the time
Turkey is vast! With a total area of 780 000 sq km, Ankara is the capital, Istanbul is the largest city. Turkey is a country that has four seas: the Black Sea the Marmara Sea and the Aegean Sea, the Aegean Sea, and the Mediterranean. These factors have make Turkey an appealing and intriguing destination from a tourism perspective and not just due to its geography, but in addition due to the wildlife and flora, its vast sandy beaches, perfect climate, and the wealth of its past. In the initial 2 months of 2018, Turkey was home to 3.2 million visitors. The revenue generated by tourism in Turkey in 2018 amounted to more than $30 billion in 2018.
In the initial two months of 2018, Turkey welcomed 3.2 million visitors. Tourism revenues generated in Turkey last year were more than $30 billion in 2018.
7. Full Ownership
Freehold ownership is an additional advantage, which is applicable to all properties. When you buy a house it is not buying an interest in the property, but transfer the lease over to it, or simply lease it to the government. If you purchase the land or the house, it is your sole property. This gives the owners more freedomand allows them to take whatever action they like with the property, whether it’s selling it or upgrading it.