Is investing in Turkey safe

Created: 2022-04-26
Last Updated: 2024-05-03
Views: 949

Content Index

Why is investing in Turkey safe?
Important procedures when investing in real estate in Turkey:

What do you think of investing in Turkey, is it safe? Did you see its features? What are the reasons that lead to its success and excellence?

Talking about the field of real estate investment has become popular among the public of investors, businessmen and owners of high budgets, and for the importance of this topic, we will present to you through the following article a detailed and comprehensive report about it and we will highlight its most prominent advantages.

Why is investing in Turkey safe?

If you are a real estate investment advocate, you can view the paragraphs that we will present immediately, in which everything related to it will be mentioned of information that interests you.

1 - Abundant profits and rewarding returns:

Investing in real estate in Turkey makes you get a profit of up to ten percent of the total property value annually, and this is a natural result of the increased demand for buying and renting real estate with the large population growth.

2 - Infrastructure development and improvement:

Turkey contains a huge number of modern and advanced infrastructure projects such as airports, bridges, tunnels, water canals, hospitals, universities, highways, and the expansion of the public transportation network.

The latest achievements of the Turkish state in this sector: New Istanbul Airport - New Istanbul Water Canal and its construction is still going on - Basaksehir Medical City, which is an important leap in the world of medicine in Turkey - Eurasia Tunnel - Canakkale Bridge and many other projects that are no longer We have room to mention it.

3 - High population density:

The large population census is an important sign that investing in Turkey will achieve important results. The population of the Turkish state has exceeded 84 million, in addition to the fact that it annually receives thousands of expatriates, students and tourists.

4 - Owning real estate forever :

In contrast to European countries that set for foreigners a specific period in which their ownership of real estate ends, which is (99), ownership in Turkey is complete and can be passed on to children.

Owning a property in Turkey means complete freedom to dispose of the property, that is, it can be rented or resold again.

5 - Real estate to suit all budgets:

What you do not know about the real estate market in Turkey is that it suits everyone because real estate prices in Turkey are somewhat low compared to prices in other countries of the world such as Europe or the Arab Gulf countries.

There is an abundance of real estate offers available for sale, and the residential complexes are the choice that all those looking for real estate for sale in Turkey agree on due to their advantages and modern designs.

6- Huge government support:

The Turkish government has spared no effort in providing guarantees that attract foreign investments, the most important of which are:

- Exemption from paying the value added tax.

- The real estate appraisal document that prevented sellers from manipulating prices.

- Granting real estate residency to the property owner, his wife and children.

- The possibility of obtaining Turkish citizenship in return for buying a property

- Facilitate the procedures for buying real estate.

- It allowed them to own all kinds of real estate without exception.

Important procedures when investing in real estate in Turkey:

There is no doubt that investing in Turkey is completely safe, which encourages investors and capital owners from different countries to turn to it, but this does not negate that there are some observations that should be taken into account and that help your investment achieve more distinguished results.

1 - Hire a professional lawyer:

Certainly, your knowledge of the real estate market in Turkey is shallow knowledge that has not reached experience and depth, and it is natural to seek help from a successful and skilled lawyer to follow up on papers and documents and ensure the integrity of contracts.

2 - Buy your property through a real estate company:

The importance of owning through one of the trusted real estate companies in Turkey guarantees that you will get the best and safest opportunities. These companies seek to provide their customers with what suits them, taking into account their financial capabilities.

3 - Doing real estate tours:

Do not give up on making field tours to visit the most important real estate projects and compare several models. These tours give you the opportunity to get acquainted with the available prices and specifications.

4 - Make sure to sign contracts within an official department:

You should know that any document issued by an official department (Title Deed Department) is considered insufficient, even if it is issued by a notary, and the property must be registered in the name of the buyer in the Land Registry Directorate.

5 - Get to know the real seller:

One of the important tips that an investor needs when buying a property in Turkey is to get to know the seller of the real property, by reviewing the real estate registry or requesting a copy of the title deed.

6 - Check the information contained in the title deed of the property:

In the title deed, all the detailed information related to the property is mentioned, make sure that what is written in it is identical to what is on the ground.

7 - Check the legal status of the property:

The legal status of the property should be checked. Is there a seizure or mortgage? It is considered one of the problems that hinder your achievement of success because it constitutes a difficulty in the selling process in the future and negatively affects its value.

8 - Stay away from secluded areas:

If you are seeking to obtain a large profit, do not buy a property in remote areas that do not have the main services such as public transportation - schools - universities - medical centers - recreational places.

In the context of talking about the importance of real estate investment in Turkey, it must be noted that one of the main motives that motivate the investor to go to it at the present time is expectations that indicate a rise in real estate prices during the current year.

Now you can decide if real estate investment in Turkey is right for you or not? The most important suitable and profitable opportunities that we present to you in Ramzy Real Estate Company. Contact us to be one of the special.

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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