Buying an apartment in Turkey is a unique idea, especially in light of the current conditions where the booming economy and the stable political environment are, not to mention the development of infrastructure and other privileges that the Turkish government is keen to offer in order to attract many investors and capital to realize the impact of such step on the country in its various fields and sectors.
In this article, follow with us the right way to find an apartment for sale in Turkey at an affordable price, and you will also learn about many other aspects related to the Turkish real estate sector.
How to buy an apartment in Turkey at an affordable price?
There are many ideas that you can implement in Turkey to buy an apartment at a suitable and distinguished price without finding yourself facing many financial pressures or confused about how to secure the required amount, the most important of which are:
1- Buying under construction real estate in Turkey:
One of the first ideas that enables you to buy an apartment at an appropriate price in Turkey, which is followed by most investors and those interested in the Turkish real estate field, is to go towards projects that are still under construction.
You can also consider it a great investment opportunity because the prices of this type of apartments rise at a high rate after the completion of the construction works and may reach up to 70%, and therefore you will have achieved the equation that it is necessary to buy at a cheap price and sell at high prices.
However, if you are wondering about the possibility of finding under construction apartments easily in Turkey or not, you should rest assured that there are dozens of projects that are being completed and they are at various prices and different specifications that help choose what suits you.
2 - Buying real estate in installments in Turkey:
There are many reasons that make you think about buying an apartment in installments in Turkey.
First of all, when you buy an apartment of this type, you will have the opportunity to divide the cost of the property over a period of time that is likely to be long and therefore you will not feel any difficulty in securing its price. Another advantage of buying an apartment in installments is that you will not have to pay any interest on the loan and this can save you much money in the long term. Finally, when you buy an apartment in installments, you will be able to get a better exchange rate for your currency and this means that you will be able to get many advantages for your money.
3- Look for an apartment for sale in the suburbs:
One of the main advantages of living on the outskirts of big cities or in remote areas is that real estate prices are cheaper, so if you are looking to buy an apartment, you will be able to find better deals in these locations.
Another advantage of living in these areas is that you will have more living space. In large cities, it is common for people to live in small apartments. However, if you live in the suburbs or in a remote area, you will be able to find apartments with more living space.
If you live in a big city, you are probably used to the hustle and bustle of city life. However, this can be quite stressful and can take a toll on your mental health.
If you live in the suburbs or in a remote area, you will be able to enjoy a more calm and relaxing environment which helps improve your mental health and well-being.
4- Buy old-built apartments:
If you want to buy an apartment at a suitable price, or if your financial budget is low and does not allow you to buy a luxury apartment, you can resort to old or used apartments, as their prices are lower than the prices of newly built properties, and you can do some modifications and changes to make them suitable for you and your goals.
One of the important notes that must be taken into account when buying this type of real estate is to check if there are any legal problems arising from it, such as mortgage, seizure, or others that negatively affect its value and material importance.
Important tips for buying an apartment in Turkey at a special price:
When you are about to buy apartments in Turkey, of course, there are many important things that you should take into consideration, the most important of which is the need to seek the assistance of a competent real estate company, as thanks to its close relations with the most important construction companies, it can provide you with many offers that can suit you, it also provides you with special discounts.
In order to get the right apartment for you, do not look for spacious apartments, but for medium or small apartments, especially if your goal is real estate investment because the demand for large apartments is little compared to them.
The most important cities suitable for buying apartments in Turkey:
When we refer to real estate ownership in Turkey, we refer to a large group of cities suitable for this purpose, some of which have been able to achieve big fame in the field of real estate over the past years, and some of them are still not popular among the public interested in real estate investment due to their lack of attractive elements, and here are the most important ones :
1 – Buying an apartment in Istanbul:
There are many advantages to buying an apartment in Istanbul. Here are a few of them:
-Istanbul is a world-class city with plenty to see and do; such as the historic Sultanahmet district and modern Levent skyline, and there is something for everyone in Istanbul without exception.
-The city is growing fast, prices are still relatively low compared to other major cities around the world and now is a great time to buy before prices start to go up.
-Istanbul has a thriving economy and is one of the most livable cities in Turkey as the cost of living is relatively low, especially when compared to Western European cities like London or Paris.
-There are many ways to finance the purchase of an apartment in Istanbul, including bank loans, cash purchases and installment plans.
2 - Buying an apartment in Antalya:
Among the advantages of buying an apartment in Antalya are:
-The city is located in a beautiful area with many tourist attractions.
-The climate is very good all year round, which makes it an ideal place to live.
-The city has many modern facilities and amenities.
-The cost of living is relatively low compared to other cities in Turkey.
3 - Buying an apartment in Bursa:
Bursa is a city located in northwestern Turkey and the fourth most populous city in the country with a population of more than 2 million people. It is one of the most industrialized cities in Turkey and is known as the “Green City” because of its parks and gardens.
Bursa is also home to some of the oldest mosques in Turkey, such as the Green Mosque and the Great Mosque of Bursa.
The city has a Mediterranean climate with warm summers and cool winters.
Bursa apartments offer many advantages to buyers, such as:
-Proximity to Istanbul: Bursa is only 100 kilometers (62 miles) from Istanbul, making it a great option for those who want to live in a smaller city but still have easy access to central cities.
-Affordable Prices: Bursa apartments are much cheaper than apartments in Istanbul, which makes it a more budget- friendly option.
-A growing city: The population of Bursa has grown rapidly in recent years, which has led to a high demand for real estate ownership in it.
4- Buying an apartment in Izmir:
It is the third largest city in Turkey and is a very popular tourist destination, but it is also a great place to live. There are many advantages to buying an apartment in that city, the most important of which are:
-Izmir has a Mediterranean climate, which means it has hot, dry summers and mild, humid winters.
-The cost of living in Izmir is very low compared to other major cities in Turkey like Istanbul and Ankara.
-Izmir has an excellent transportation infrastructure.
5- Buying an apartment in Trabzon:
Among the advantages of buying apartments in Trabzon are the following:
-The city has a beautiful natural location, with the Black Sea on one side and the mountains on the other.
-Trabzon is a relatively small city, so it is easy to get around, and the crime rate is low.
-The cost of living is lower than in other parts of Turkey.
-There are many new projects that are under construction, so there is a good selection of properties to choose from.
6 – Buying an apartment in Ankara:
Apartments in Ankara are usually affordable. The price of an average apartment in Ankara is much lower than in other major Turkish cities, such as Istanbul.
Another advantage of buying an apartment in Ankara is that there is a wide range of apartments available; so whether you are looking for a small studio apartment or a large family home, you will be able to find what you need in it.
Ankara is also a very safe city, crime rates are relatively low and this makes it a great place to live if you have young children.
The climate in Ankara is also very pleasant, with warm summers and cold winters and this makes it an ideal place to live all year round.
In your opinion, what is the future of the real estate field in Turkey?
The future of the real estate sector in Turkey is promising as the population is increasing, there is an increasing demand for real estate and the government is supportive of this sector and has implemented various measures to encourage investment.
However, there are some challenges faced by the investment sector and these include the high cost of land, high construction costs, shortage of skilled labor. Despite this, the long-term outlook for this sector remains positive.
What are the most prominent types of real estate in Turkey?
The most important types of real estate in Turkey are:
-Residential real estate: This type of real estate includes apartments, houses, and other types of dwellings that people use for living purposes.
-Commercial real estate: This type of real estate includes office buildings, retail stores, and other types of businesses.
-Industrial real estate: This type of real estate includes factories, warehouses, and other types of businesses.
Many advantages of buying an apartment in Istanbul with Zoom Real Estate:
-Extensive knowledge and close relationships within the Istanbul real estate market.
–Cheap apartments for sale in Istanbul that satisfy all tastes.
–Buying an apartment in Istanbul in convenient installments.
-Choose an apartment suitable for obtaining Turkish citizenship and enjoying its advantages.
– Taking care of all the necessary procedures and papers for you.
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