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

What are the advantages of ...

Date:Thursday, January 12, 2023

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

What are the advantages of buying a property in Turkey?
 

The real estate sector in Turkey is now considered one of the best investment destinations, especially for Arab investors in the recent period, as they always seek to benefit greatly from the advantages of buying a property in Turkey to achieve profits within the Turkish real estate market.

It is worth noting that investing in Turkey is one of the best investment solutions, according to what the American website live and invest published about the best places to buy real estate in the world, as Turkey preceded Los Angeles, Rome, and other important tourist cities.


What are 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, as 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 a strong Turkish passport globally, after acquiring Turkish citizenship.

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.


* A safe, comfortable and beautiful place, where the investor can live comfortably and blissfully.

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


*Facilitating livelihoods in Turkey by buying a property there.

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


* A profitable return on investment based on the attractive tourism power in Turkey, where the possibility of renting apartments during the multiple tourist seasons throughout the year.

One of the strongest types of investments in Turkey is real estate investment in Turkey, and 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.


* Create an opportunity to study children who are the builders of the future in Turkish universities, with the availability of international schools in various languages.

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


*Taxes in Turkey are very low


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


*Political and economic stability

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


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 / neighborhood, island, plot, building, independent department 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 the seller of the seller in the last 6 months (size 6 x 4).

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


It should be noted here that there are many things that you must verify before buying a property in Turkey, where you must make sure of the title deed of the property and that it is free of problems such as debts, and make sure of this through the municipality of the project area or appoint a lawyer to ensure the title deed, and That the contract between the seller and the buyer includes all the details of the project’s completion date and a timetable on how to pay and other conditions in order for your property to be sound, and for your real estate buying experience in Turkey to be successful.


And you can contact the FCC property team and benefit from the free consultations provided by the company's real estate consultants, which may save you a lot of time and money at the same time.

 

Related Blogs:
 

Guide to Living in Turkey 2022

Guide to buying a property in Turkey

Is it the right time to buy a property in Turkey?

Investment conditions in Turkey

Real estate investment opportunities in Turkey

The importance of investing in Turkey

 

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