The importance of real estate in Turkey:
In order to find out what the real estate situation will be like in the future, you must first of all look at the importance of these real estate and the most prominent details related to them, as well as the reasons that drive the side permanently to search for real estate for sale in Turkey specifically and not in other countries of the world.
Through the following paragraphs, you can see the most important support for your decision to buy real estate in Turkey:
1- Applying for Turkish citizenship:
If you are wondering about the first reasons that drive foreigners to buy real estate in Turkey, it is the Turkish nationality, which is among the many facilities provided by the Turkish government to all those wishing to buy and own real estate in Turkey, but certainly the matter is not arbitrary, or everyone can buy a property, whatever its specifications and price. To apply for it, as there are many conditions that must be met with the property and with the foreigner as well, the most important of which are:
The value of the property must not be less than 400 thousand US dollars.
The property shall not be sold until at least three years have passed from the date of purchase of the property.
The seller must be Turkish and not foreign.
Pay the value of the property by bank transfer to the buyer’s account.
Issuing the real estate appraisal document, which is an urgent necessity because it controls real estate prices.
The property must not have been used earlier to obtain Turkish citizenship.
Construction companies are keen to build real estate projects that conform to the conditions for obtaining Turkish citizenship in accordance with the wishes of many foreigners and investors around the world. Turkish citizenship.
It should be noted that among the many facilities provided by the Turkish government to those wishing to obtain Turkish citizenship through real estate investment is that it did not specify a specific type of real estate for that, but the foreigner can buy what he likes, prefers and suits him. Thus, he has achieved two goals at the same time (real estate investment + Turkish citizenship).
2- Obtaining real estate residence:
Did you know that a large group of those who accept real estate ownership in Turkey seek to obtain a real estate residence permit, which is considered one of the strongest and most important types of residence permits in Turkey, due to the ease of obtaining it on the one hand, and on the other hand, the possibility of renewing it annually as long as the foreigner owns the property, in addition to it being the legal means by which It allows its holder to stay in Turkey legally and without exposure to violations.
How do you obtain real estate residence?
Simply, the price of the property must be at least 75 thousand US dollars, and a specific type of property has been specified, which is residential real estate. If the property is commercial, it will not be appropriate to apply for it, and do not forget that a foreigner is not entitled to buy a property or apartment within an area characterized by security or military character, and therefore You should not search in those areas, and also you must make sure that he does not hold one of the five nationalities that are prohibited from buying real estate in Turkey, which are:
Syrian Arab Republic.
Armenia.
Cuba.
North Korea.
Greek Cyprus.
3- A secured real estate investment:
Have you thought about real estate investment in Turkey?
If you are interested in the Turkish real estate market, you will find that a large group of those intending to own real estate in Turkey aim to enter the world of real estate investment to obtain a profitable return throughout the world. All indications and evidence confirm that investment on Turkish land will have positive repercussions, and through the following points you can: Check out the most important ones:
The vibrant Turkish economy, which is invested in achieving distinguished growth results, has emerged over the past ten years, and according to economic analysts and specialists, it will achieve more progress in the coming years than it is now, and it is expected that it will be in the first five positions in the world in the coming years, for two main reasons, according to what she said. About him in one of the Spanish magazines:
The young population in which Turkey is distinguished, unlike many European countries that are blind to a large population pyramid.
The well-thought-out strategic plans that the Turkish government is constantly developing.
Turkey is characterized by a state of political stability, which had an important impact on the future of real estate, and this is what many countries around the world lack, especially the countries of the Middle East.
Developed and modern infrastructure, what you do not know is that all construction projects close to vital strategic projects are constantly increasing their prices.
Unlimited facilities provided by the Turkish government to those wishing to buy real estate in Turkey, such as tax cuts and exemption from value-added tax.
In the process of talking about real estate investment in Turkey, you should know that the investment movement in Turkey is proceeding according to steady steps based on strong foundations, and this is evidenced by the great foreign demand for buying and owning real estate in Turkey over all the previous years, specifically since the announcement of the abolition of the principle of reciprocity Which removed the barrier in front of foreigners and made it possible for different nationalities to own property.
