Feb 5, 2023

Distinctive Ideas for Investing in Turkey real estate in 2024

Investing in Turkey real estate is one of the most prominent investment plans and projects that occupies major investors around the world because of the components, factors and foundations they see in Turkey and its real estate that promise guaranteed and increasing investment profits. This matter is not limited to foreign investors only, but Turkish investors see Turkey real estate in their country as the best for real estate investment in the world.

The Turkey real estate market guarantees you the presence of stable and well-established real estate components that assure you of the success of Turkey real estate investment within any of its states or cities and in any real estate investment idea.

Elements of Turkey real estate investment 2024

Turkey's strategic location:

Turkey is located in the middle of the Middle East and European countries and oversees the most important marine bodies in the world, including: the Mediterranean Sea, the Black Sea, the Sea of Marmara, and the Aegean Sea. It also contains the Bosphorus Strait, which has been considered one of the most important trade routes in the world since ancient times. And passes through Istanbul, the economic capital of Turkey, which is full of successful investments in Turkey real estate.

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Turkey Real estate diversity:

Turkey's lands and cities, with their diversity and wide and rich extension over the continents of Asia and Europe, ensure that there is a constantly updated and evolving list of distinctive ideas for those who want to invest in Turkey real estate, including lands, farms, apartments, houses, hotel apartments, hotels, chalets, and villas. You can find all this and more in Turkey real estate.

Turkey real estate prices:

Despite the availability of all the necessary ingredients for a distinctive real estate renaissance, Turkey real estate prices, regardless of their diversity, are still measured as commensurate with specifications and competitive when compared with their counterpart real estate prices in neighboring European countries, and when compared in terms of historical value and commercial and economic importance.

Prosperity of tourism in Turkey:

All regions and cities of Turkey are rich in attractive historical and natural tourist attractions, not to mention the international cultural events and festivals that occur in the Turkish states annually. This active tourism movement in Turkey is directly linked to the renaissance of the Turkey real estate sector and the increase in the buying and selling of Turkey real estate, especially commercial units and hotel apartments.

Government support:

There is clear government support for the Turkey real estate sector, as the government in Turkey strives to attract major investors and huge foreign capital and push them towards investing in Turkey within an excellent investment environment and distinctive investment ideas. The Turkish government attracts these people by enacting many decisions and legislation that facilitate the path for investors, such as reducing fees and taxes for foreign investors.

Turkish citizenship:

More important than all of the above is granting Turkish citizenship through buying property or group of Turkey real estate. Is there anything better than this offer? We see investors competing to obtain Turkish citizenship and enjoy the advantages and strength of the Turkish passport locally and globally. We note that one of the most prominent conditions that entitles you to apply and obtain Turkish citizenship is to purchase a property in Turkey worth 400 thousand US dollars or the equivalent according to the exchange rate at the time. Here, the investor, his/her spouse, and children under the age of eighteen obtain Turkish citizenship and a Turkish passport.

Real estate residence permit:

The Turkish government has aimed to attract all investors with all budgets. Whoever cannot buy a property worth $400,000 can buy a property or a group of Turkey real estate worth $200,000 and obtain a real estate residence permit that facilitates many transactions and fields in Turkey. The investor can also apply to obtain Turkish citizenship and a Turkish passport five years after obtaining the real estate residence permit.

Are you looking for distinctive ideas for Turkey real estate investment

There are many ideas, as Turkey is witnessing a massive real estate renaissance and the establishment of many huge projects that increase investment ideas in the country.

Turkey real estate companies and real estate offices provide you with constantly renewed real estate offers and guarantee you profitable investment options within the various cities and states of these options. Buying Turkey real estate with a sea view within Istanbul Sisli, for example, and investing in it by renting it to tourists during tourism seasons, buying student housing apartments and renting them to Turkish and foreign students. Or, for example, buying an apartment or Turkey real estate that is being furnished or under construction, equipping it within the investor’s capabilities, and reselling it or investing in it by renting it to others. You can also restore a somewhat old property and rehabilitate it again for housing and investment.

There are many other ideas and constantly renewed offers in Turkey.

The economic inflation in Turkey and the ongoing renaissance that includes all sectors of tourism, real estate, service facilities, and the entire infrastructure guarantee you an increase in the value and prices of the properties you buy over time, and this is what gives you ongoing investments and non-stop profits.

Even in light of the spread of the Corona pandemic in various countries of the world and the subsequent economic recession that affected all sectors of the economy in Turkey and the world, the movement of real estate investments did not stop, but rather continued its path, and many purchase and sale contracts and investment contracts were signed, relying on electronic communication between customers and real estate companies.

Things you should know before buying Turkey real estate

There are several things that must be taken into consideration and known before buying Turkey real estate, which are as follows:

Foreigners are prohibited from buying Turkey real estate in military areas and high security areas that contain ancient historical monuments, in Turkey.
The law in Turkey allows foreigners to buy land registered with the government as suitable for housing in order to build a residential project, taking into account submitting the project to the competent authorities for that.
The nature of the property and the purpose of its construction must also be clarified within a maximum of two years.
The Turkey real estate purchase contract is considered invalid if it is concluded in an illegal manner that violates Turkish laws.
Turkish courts are the only authorities authorized to resolve disputes and disagreements that occur in Turkey real estate sales between the owner and the buyer.
A Sworn translator must be brought during the process of purchasing Turkey real estate if your Turkish language is not good.
Electricity, water and gas meters must be registered in the name of the buyer after obtaining the property title deed.

Communicate with companies and real estate offices in Turkey

Do not listen to the rumors that may be spread in the streets, such as golden opportunities or a shot. Real estate companies are your ideal place to overlook the Turkey real estate market and establish your bright investment projects, especially if this is your first time buying Turkey real estate or visiting Turkey. Real estate companies protect you from fraud and fraud, and carry out all complex government procedures on your behalf. Do not hesitate to seize the promising investment opportunities in this country, which is considered a mine of distinctive ideas for those who want to invest in Turkish real estate.

Turkey opens its investment doors wide to all those seeking to invest and buy Turkey real estate. It also welcomes various investment energies wishing to benefit from the strong components and prosperous standard of life in Turkey.

We are ready to answer all your inquiries, so do not hesitate to contact us via WhatsApp, here...

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