When considering investing in real estate outside the country of residence, Turkey and Spain stand out as two popular destinations that attract investors and buyers and both countries offer an active real estate market and have unique advantages that make them attractive for investment and we'll review the pros and cons of each country, and highlight the factors you should consider when choosing your future real estate destination.
Advantages of buying real estate in Turkey :
- Turkey is located on the Aegean Sea front and between the continents of Europe and Asia, making it a strategic location for trade and investment.
- Turkey is witnessing sustainable growth in the real estate market with increasing demand.
- Turkey's laws allow real estate purchases by foreigners easily and transparently.
- Turkey offers a wide range of properties including residential apartments, luxury apartments, commercial properties and land.
The real estate market in Turkey is witnessing a continuous rise in property values.
By purchasing a property in Turkey, you can obtain a property visa that allows you to reside.
- Properties can be easily rented out to tenants which can result in good rental returns.
- Turkey has a wonderful culture and history and offers a lot to explore.
- The Turkish government supports the real estate sector through many measures and facilities.
- Turkey offers a low cost of life compared to many European countries.
- Turkey is considered a safe and politically stable country
Properties in Turkey are equipped with the latest technology and amenities.
Turkey contains many beautiful tourist destinations such as Istanbul, Antalya and Bodrum.
- Turkey extends along the coast of the Mediterranean Sea, providing opportunities to live on the beach.
- Turkey contains many prestigious universities and international schools.
- Turkey is equipped with a developed network of public transportation.
- Turkey provides high-quality health services at affordable prices.
- Properties can be found at reasonable prices compared to some other real estate markets.
- Turkey has large international airports and a central seaport.
- Turkish is the official language, but many residents are fluent in English.
- Turkey brings together different cultures and religions.
- Turkey enjoys moderate weather throughout the year in most areas.
- Turkey is home to many different nationalities, making it a diverse coexistence environment.
- Many properties in Türkiye are designed in a modern and exquisite architectural style.
- If you are considering renting your property to visitors, Turkey is a popular tourist destination.
- Turkey is investing heavily in improving its infrastructure and public facilities.
- Many wonderful properties with sea views can be found in Turkey.
- Türkiye contains vibrant markets and modern shopping malls.
- Türkiye offers a delicious array of traditional and international foods.
Some real estate programs in Turkey offer an opportunity for investors to obtain a Turkish passport.
Advantages of buying real estate in Spain:
- Spain offers great geographical diversity including sandy beaches, urban cities, and rural areas.
- Spain has a moderate and pleasant climate throughout the year.
- Spain is experiencing a growth in the real estate market with constant demand from national and foreign buyers.
- Properties in Spain can be easily rented out to visitors and tourists which can result in rental income.
- Spain is considered a safe and politically stable country.
- Spain has a well-developed network of public transportation.
- Spain has high quality international schools.
- It contains a large collection of museums and cultural events.
- It includes picturesque rural areas for lovers of nature and tranquility.
- Spain contains many important historical sites.
- Many properties can be found overlooking the sea.
- Spain contains a range of high-quality hospitals and clinics.
- It contains a variety of wonderful cities to explore.
What are the types of real estate in Turkey?
- Apartments are the most common property type in Turkey, and are available in various sizes and prices.
- Turkey contains many luxury villas, and is a popular choice for buyers looking for privacy and comfort.
- There are many chalets overlooking the beaches or in mountainous areas.
- Commercial properties such as shops and offices can be found in cities and tourist resorts.
- There is a demand for industrial properties and warehouses for manufacturing and warehousing purposes.
- Empty land can be purchased for construction in different areas.
- For those looking to invest in the hospitality sector, there are opportunities to purchase hotels and tourist resorts.
- There are many new real estate projects in Turkey, including residential and commercial complexes.
- Many properties with sea views can be found in coastal areas such as Antalya and Bodrum.
Factors affecting real estate prices in Turkey:
- Like any real estate market, location is one of the main factors in determining price and properties in tourist or urban areas are usually more expensive than those in rural areas.
- The influence of supply and demand plays a big role in determining prices and if there is an increase in demand for real estate in a particular area, prices can rise.
- The type of property also affects the price and apartments, villas and commercial properties can vary in price based on their specifications and location.
- The condition of the property and the extent to which it has been improved or renovated can affect the price and new or renovated properties are usually more expensive.
- Government policies and taxes play a role in determining prices and there may be government incentives such as golden residency visas that affect prices.
- The state of the economy, inflation and currency exchange rates can affect prices.
- The impact of foreign investments on real estate can be significant, especially in tourist areas.
- The presence of advanced infrastructure such as roads, schools and public transportation can increase the attractiveness of the area and thus affect prices.
- Political and security developments can affect real estate investments and prices.
- When you have expectations of getting good returns from the property, you may be willing to pay a higher price.
In conclusion, it can be said that a comparison between Turkey real estate and Spanish real estate depends largely on the needs and goals of the buyer or investor, as Turkey offers attractive investment opportunities with affordable prices and golden residency visas, while Spain offers stunning landscapes and a sunny climate for living.
Related articles:
Cheap apartments for sale in Turkey 2022.
Real estate options abound in the real estate market in Turkey.
Real estate investment in Turkey is a golden opportunity.
Conditions for obtaining Turkish citizenship.
Real estate in Turkey has an authentic history and a prosperous future.
The latest developments in order to obtain real estate residence in Turkey.
Prices of apartments in Turkey and the latest developments on them.
How is the strength of the Turkish passport measured?
#Turkey_apartments #real estate_investment #Zoom_real estate
