Benefits of buying real estate in Turkey

Created: 2022-03-11
Last Updated: 2024-04-20
Views: 1168

Content Index

1 - Take a look at real estate prices in Turkey:
2 - Is it suitable for real estate investment?
3 - Geographical location is an influential factor in the importance of real estate in Turkey:
Types of real estate in the Turkish market :
- 1- Ready-made real estate:
- 2 - Real estate under construction:
Factors that made the real estate market in Turkey completely safe:

One of the common matters at the present time, which is much talked about, is the advantages and pros of buying real estate in Turkey, but always those who are in the process of owning real estate like to get information from a reliable source, so we chose in this article today to present to you some of the positive aspects of buying real estate in Turkey .

You surely know that Turkey has become a safe haven for high-capital owners, as this country's real estate is considered a safe fund. Real estate investment is a project whose importance cannot be disputed, and there are also many other motives for them to take this decision.

1 - Take a look at real estate prices in Turkey:

Did you know that buying a property in a European country costs a lot of money because real estate prices are high and the fees involved as well, such as property registration, lawyer costs and other details. If you compare real estate prices in Turkey with Europe or with some Arab countries, you will find that they are moderate and appropriate.

A foreigner in Turkey can buy a luxury property with high-end and modern specifications, bearing in mind that you will not be able to buy something like it anywhere else in the world. It should be noted here that the foreigner will have many distinctive real estate options such as residential complexes that guarantee you a different life.

Buying a property in Turkey has a positive impact on your entire life, your family, your social and financial situation, and your future.

2 - Is it suitable for real estate investment?

This is what the owners of capital and investors are asking. Can real estate in Turkey change their financial situation and turn their money into wealth?

Among the most important factors that encourage real estate investment in Turkey:

- The Turkish economy, which is growing steadily and outperforming many countries in the world.

- Turkey annually hosts millions of tourists of different nationalities around the world.

- Many facilities provided by the Turkish government to foreigners, such as tax reduction and ease of ownership procedures.

- Turkey has provided many guarantees to the foreign investor, such as the real estate appraisal document, which avoids falling into real estate fraud.

- A developed and modern infrastructure that contains the most important projects that had a positive impact on the real estate sector.

- The development of the public transportation network, which led to linking Turkish cities with each other and facilitating access to any place quickly and without taking a long time.

- It is expected that real estate prices in Turkey during the coming period will increase by 40%.

3 - Geographical location is an influential factor in the importance of real estate in Turkey:

Turkey is characterized by its large area and includes many important cities such as Istanbul, which spans two continents, and Ankara, the political capital, and do not forget that it overlooks four important seas (the Mediterranean Sea - the Aegean Sea - the Black Sea - the Sea of Marmara).

This country is also characterized by a moderate climate that suits all people, and it is also throughout the seasons. Turkey has many historical and archaeological monuments.

Types of real estate in the Turkish market :

The real estate market in Turkey includes many important options, the most prominent of which are ready-made properties and properties under construction, and here we present to you the most prominent advantages of the two options. Learn about them:

1- Ready-made real estate:

- If you choose to buy a ready-made property in Turkey, you will be able to move to live in it immediately, in contrast to properties under construction that will need to wait for a long period of time before receiving it.

- The title deed of the property is ready, that is, you can apply for Turkish citizenship directly.

- Did you know that it is difficult to negotiate the prices of ready-made real estate, as the owner of the property is sticking to his property because the demand for it is great.

- The prices of ready-made properties are higher than the properties under construction, so it is not suitable for those on a low budget.

When you decide to buy a ready-made property in Turkey, you have to keep in mind that you are likely to find a lot of details that are inappropriate or that you do not like.

You will not find offers in installments except for a few, so it may not suit you to pay the full price of the property in one payment.

2 - Real estate under construction:

- If you choose to buy a property that is under construction, you may have to wait a long time before you can receive it.

- The prices of under construction properties are suitable for all categories because they are cheaper than ready-made properties on the one hand, and on the other hand, the price will be paid in stages.

- It is considered a suitable option for real estate investment, as its prices may rise by up to thirty percent after the completion of its construction works.

Among the most important tips that we offer when buying a property under construction in Turkey are:

- Make sure to include all the terms agreed upon in the sales contract.

- Hire an architect to make sure that what is being implemented matches what is agreed upon.

- If you find anything that does not suit you in the property, you can request its modification immediately.

Factors that made the real estate market in Turkey completely safe:

- The Turkish economy, which is growing in constant motion, as the Turkish government is putting in place many strategic plans in order to maintain its advanced position in the first places in the world.

- Sophisticated infrastructure and huge development projects that have achieved an important position in the world, such as: (Istanbul New Airport - New Istanbul Water Canal - Basaksehir Medical City).

- The real estate appraisal document that accurately determines the price of the property.

- An earthquake insurance policy that guarantees the right of the property owner in the event of any natural disaster.

Before you decide to buy a property in Turkey, you should know all the advantages that you will gain from this step. If you want to get a safe investment opportunity, you can contact us to provide you with all the offers we have.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

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