The real estate sector in Turkey is now considered one of the best investment destinations, especially for investors.

Advantages of buying a property ...

Date:Tuesday, August 31, 2021

The real estate sector in Turkey is now considered one of the best investment destinations, especially for investors.

Advantages of buying a property in Turkey

Investing in Turkey is one of the best investment solutions, according to what the American live and invest website published about the best places to buy real estate in the world, as Turkey preceded Los Angeles, Rome, and other important tourist cities, and Istanbul is considered the most important city in Turkey in terms of the real estate investment market This is because real estate in Turkey is reasonably priced, suitable for all budgets, and is much cheaper than real estate in any other country in Europe and the Middle East; With European quality comparable to the latest countries.

There are many attractions that draw attention in Turkey, including the wonderful climate, the strong economy, and the huge real estate market that achieves perfect growth every day, and the tourist and historical attractions continue to attract tourists from all over the world, and its areas are always a profitable option for investment.

Learn with us now the most important advantages of buying a property in Turkey:

  • Obtaining a real estate residence in Turkey

It is one of the best types of residence in Turkey, as it is possible for many foreign or Arab families to secure a stable place of residence for them in Turkey, where it is allowed to stay in Turkey once they buy a property there, and this helps them achieve their other goals of work, study, marriage and stability.

  • The possibility of obtaining Turkish citizenship if your property is worth 250 thousand dollars

Obtaining citizenship outside the mother country has always been a dream for many people, especially young people who want to establish a beautiful and stable life. Obtaining Turkish citizenship achieves this dream and ambition.

  • Obtaining a Turkish passport

It is obtained after obtaining Turkish citizenship, and it is a powerful passport globally and gives its owner many powers that benefit and comfort him in living in Turkey, as well as the facilities and privileges that he benefits from in other countries because of his Turkish passport.

  • Achieving a return on investment

One of the strongest types of investments in Turkey is real estate investment in Turkey. The return on investment in Turkey is very profitable, especially in the summer seasons. You will make huge profits, especially since Turkey receives many groups of tourists from all regions of the world.

  • Taxes in Turkey are very low

This advantage is not only for Turks, but for foreigners as well, and it is among a series of decisions that made working in Turkey smoother than any other country, and these procedures and laws, helped to revive the real estate market in Turkey.

  • political and economic stability

Turkey is experiencing political and social stability and is ideal compared to the surrounding and regional conditions, and even compared to the Turkish situation itself several years ago.

  • Life in Turkey is not expensive

The cost of living is relatively low compared to Europe and the countries of the region, with high quality and strong infrastructure.

  • Turkey, where the recreational and conservative environment meet

Turkey is a safe, comfortable and beautiful place and a conservative environment close to the eastern and Arab customs.

  • Excellent opportunity to study

Turkey has opened the doors for students of science. It did not differentiate between a Turkish student and a foreigner. Everyone will learn in Turkish schools, and everyone will be given attention and appreciation.

Documents required when buying a property in Turkey

In order to own a house in Turkey, the owner or authorized representative of the property they wish to purchase must apply to the Land Registry Directorate. Initial applications are submitted in the morning at the Land Registry Directorate by receiving the waiting list number. The documents required to realize real estate sales to foreign nationals are as follows:

- Address of the property or village/neighbourhood, island, plot, building, independent division information

- Identity document or passport with translation if necessary

- Obtaining a “fair value certificate for real estate” from the competent municipality.

- Compulsory earthquake insurance policy for buildings such as homes and workplaces

- Two photos of the buyer and seller of the seller in the last 6 months (6 x 4).

- Residence permits issued by the relevant police departments to foreign nationals whose purchases are subject to residence permits.

Tips before buying a property in Turkey

- Buying real estate in Istanbul is more expensive than other Turkish cities, but it also represents the fertile financial and economic center in the country, so before buying a property, you need to define your goal precisely from owning the property, if you mean work and life, Istanbul may be your ideal choice, but if If you want tranquility, away from the hustle and bustle of Turkey's major cities, Bursa or Trabzon, with its mountains, plains, greenery and sea, may be the most suitable for you.

- When buying a property in Turkey, you must use a reliable real estate agent. A professional real estate consultancy company will facilitate the purchase process for you, and save you a lot of effort and time in following up the registration, certification and verification procedures.

- Completing the process of buying a property in Turkey takes a period of time that varies according to the nationality of the buyer, the municipality of the region, whether the property is new or used, and whether foreigners have ever owned in the region or not, and according to these and other factors, this period may range from one day to owning a property in Turkey and may reach It takes about 45 days to complete the necessary procedures and documents, so you will need to arrange your schedule accordingly, use your trusted real estate agent to provide you with the correct dates and reduce time and effort.

Now you can start searching for a property in Turkey while you are aware of the advantages and how to buy, and you can communicate with the FCC real estate team and benefit from the free consultations provided by the real estate consultants of the company, which may save you a lot of time and money at the same time.

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