Invest in Turkey real estate and get these advantages

Created: 2021-08-29
Last Updated: 2024-04-25
Views: 3301

Content Index

Distinguished geographical location:
The nature of the Turkish climate:
Strong Infrastructure:
Cheapest real estate than the rest of Europe:
Low taxes in Turkey:
Strong Turkish Economy:
Obtaining Turkish citizenship:
Low cost of living in Turkey:
Conservative environment of Turkish society:
Encouraging return on investment:
The possibility of raising the price of the property by making improvements to it:

The real estate sector in Turkey has witnessed a quantum leap; Which made it the focus of attention of investors, whether Arabs or foreigners. Perhaps the rapid development witnessed by the real estate market in Turkey and the many facilities provided by the Turkish government in this field, have demonstrated the great future of real estate investment in Turkey.
In this article, we will mention the most important features related to the field of real estate investment in Turkey that made the Turkish real estate market at the forefront of real estate markets in the world and a recommended place for those wishing to invest in real estate.

Distinguished geographical location:

Turkey constitutes a link between the continents of Asia and Europe, in addition to being a gateway to the Middle East and an important link between the various countries and cultures in the region.

The nature of the Turkish climate:

Turkey enjoys a moderate climate throughout the year, which made its areas an area of interest for tourists wishing to spend holidays and vacations, in addition to its charming nature and diverse terrain that gave it a special splendor.

Strong Infrastructure:

Turkey has recently been interested in developing its infrastructure, especially in Istanbul, to the extent that it has become competitive with other European countries. Where the energy sector witnessed a remarkable development, especially with modern exploration plans and gas wells discovered in the Black Sea and the Mediterranean Basin. Turkey has also taken care of transportation and given it a unique attention, and perhaps the advanced metro projects to connect the various Turkish lands testify to this.

Cheapest real estate than the rest of Europe:

Where Turkey provided many facilities with regard to real estate investment and lifted restrictions on foreign investors and provided them with support, which made the price of an apartment in Turkey cheaper than its counterparts in other European countries.

Low taxes in Turkey:

The real estate ownership law issued in 2012 provided a suitable opportunity for foreign investors to enter the Turkish real estate market and enjoy unique and encouraging advantages for long-term investment. In addition to the Turkish state's policy of reciprocity, which made the investor enjoy the various advantages that the state provides to its citizens.

Strong Turkish Economy:

Turkey has an economy that is considered one of the strongest economies in the region. The gross domestic product in 2017 amounted to $851 billion, compared to $231 billion in 2002.
Turkey is currently ranked 13th among the economies of global countries, and is expected to be among the top ten economies in 2023, according to Turkish plans and policies.

Obtaining Turkish citizenship:

Where the investor can apply for Turkish citizenship if the price of the property exceeds the barrier of $250,000, in addition to his wife and children under the age of 18. After that, he can also obtain a Turkish passport.

Low cost of living in Turkey:

Although Turkey is as close to European as possible, it is similar to other Middle Eastern countries in terms of low and comfortable living costs for all classes and ethnicities.

Conservative environment of Turkish society:

The Turkish society is as close as possible to its customs and traditions to the conservative eastern Arab societies, and Turkey also constitutes a safe and peaceful environment for all religions and sects to practice their religious rituals, which sends a kind of reassurance to Arab and other foreign investors towards the Turkish real estate market and towards living in Turkey.

Encouraging return on investment:

Where Turkey is considered the first tourist destination in its region and a destination for visitors and tourists from all over the world due to its charming environment and the historical relics it contains belonging to various cultures that settled in Anatolia over the past centuries.
Universities in Turkey have also recently been an important destination for foreign and Arab students, especially to continue studying there.
Perhaps the great development and unique advantages that the field of medicine in Turkey is witnessing compared to the treatment costs and the good reputation it has earned made it an important destination for people with health problems and those who want treatment.

The possibility of raising the price of the property by making improvements to it:

Continuous interest in developing real estate and making improvements to it, whether with regard to decoration or household energy sources, to keep pace with the current development, can move the price of the apartment in Turkey a qualitative leap.

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.