A home is a dream for all. Turkey provides a number of reasons to buy an apartment in Turkey isn’t difficult. Turkey is always a nation that has attracted the attention of investors from abroad due to its rich cultural and natural resources as well as its developed transportation system and geopolitical positioning, a developed transportation infrastructure and trade, tourism entertainment, and transportation. Turkey has a robust steady, stable, and expanding economy, has always provided new opportunities to investors, and is still working towards growing the value of investment and maintaining them.
Let’s examine the advantages for foreigners who purchased homes in Turkey
1. Obtaining Turkish citizenship
Foreigners who have real property that is immovable in Turkey can apply for citizenship in Turkey. Foreigners who have purchased at least 250,000 dollars worth of property are eligible to become Turkish citizens. The foreigner as well as his/her 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.
2. Residence permit
The residence permit is granted at a low cost to foreigners who 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. This residence permit is issued to every family member (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 apply for a three-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 market and construction sector in Turkey has been growing very quickly in recent years. It offering its customers extremely extravagant and modern options for property. Although the majority of new homes are equipped with smart home technology, a majority of them are equipped with lavish social amenities like a spa, swimming pool and fitness center.
4. Return on investment for investment excellence
Turkey has strong financial institutions . Finding the best financing solution, that will allow you to buy your dream property, is easy to access and quick to conclude. Real Estate Investment is the most secure and safest investment for residential and commercial real estate.
5. Low cost of life
It is worth noting that living costs are lower within Turkey is also lower in comparison to EU states or US. Turkey is an agriculture-based nation. You can find fresh vegetables and fruits in Turkey throughout the four seasons. Because of this, the food costs are affordable for our citizens. Foreigners who are from abroad have a pleasant life in our country because of our exchange rates.
6. Geography and its time
Turkey is vast! It covers 780 000 square kilometers, 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. All of these elements make Turkey an appealing and intriguing destination from a tourism perspective and not just due to its geography, but in addition due to the biodiversity and flora and fauna, the huge beaches, the idyllic climate, and the depth of its culture. In the initial 2 months of 2018, Turkey received 3.2 million visitors. The revenue generated by tourism in Turkey last year were around $30 billion in 2018.
In the initial two months of 2018, Turkey welcomed 3.2 million visitors. Tourism revenues generated in Turkey in 2018 amounted to 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 you’re not purchasing an interest in the property, but purchase the lease from it, or simply lease it to the government. When you purchase the land or the house, it is your sole property. This gives property owners more freedomand allows them to make whatever they want of their property , whether they are selling it or remodeling it.
Get in touch with our team when looking for Kas properties for sale.
