There are many countries that are interesting for foreign investors. According to the data, most of them prefer to buy apartment in Turkey due to several reasons. It’s possible to purchase real estate under construction and already built. If you are going to buy the property that is under construction, you can save money but it’s necessary to work with a reliable developer like Stay Property.
Reasons To Buy Real Estate In Turkey
There are several reasons to purchase Turkish real estate:
- The cost of real estate in Turkey is steadily increasing. The annual price increase exceeds 50%. This is a very high investment income, which is not available in any European country.
- Low requirements for obtaining a residence permit and Turkish citizenship. The cadastral value of the property must be at least 400,000 USD in order to obtain Turkish citizenship through investment.
- Turkey is a tourist country. If there are no plans to move, then the housing can be rented out to receive additional income.
- A large number of premium and economy class real estate options. Its cost is lower than in other European countries.
- You can apply for a mortgage in one of the banks in Turkey if you do not have enough money to purchase real estate.
- Turkish laws protect private property and aim to make the process of buying real estate by a foreigner easier.
In this case, many foreign investors are focused on Turkey but they prefer buying real estate in several cities only.
Where To Buy Real Estate In turkey
Just several cities are really popular among foreign investors. They are focused on the most developed ones that are near the sea. In this case, the capital is not on the TOP list for buying property. These cities are the most convenient to buy real estate in Turkey:
- Antalya;
- Bodrum;
- Alanya;
- Fethiye;
- Kalkan;
- Marmaris;
- Kemer;
- Mersin.
These cities have developed infrastructure and a large number of tourists. Before making a decision to purchase real estate in Turkey, it is crucial to conduct extensive research on each location. It is important to consider various factors, including the availability of amenities, property prices, rental opportunities, and future development plans. This will ensure that you find your ideal home in a country known for its exceptional quality of life.
You can buy a villa or apartment under construction or already built. If you choose a property under construction, you can save money. It is required to choose a reliable developer to purchase real estate on favorable terms. So, Stay Property developer is a reliable company that can offer many types of real estate in different tourist cities of Turkey. There are villas and apartments of different sizes. Specialists are ready to help in searching for the dream house in compliance with your financial features and demands.
