Turkey combines its ancient historical and cultural heritage with modern and comfortable life, making it an ideal destination for many purposes and goals and from stunning beaches to thriving modern cities, Turkey offers a wide choice for Americans looking to own apartments in Turkey, so let's go over a variety of reasons why Americans are taking this important step and investing in real estate in Turkey.
Find out the reasons why Americans own apartments in Turkey:
- It offers attractive opportunities to invest in apartments in Turkey with the potential to increase in value over time.
- The beautiful beaches and sea in Turkey make it an ideal destination for summer holidays.
- Some Americans would like to spend their retirement years in a different environment and temperate climate.
- Turkey embraces a rich history and diverse culture, which makes it an attractive destination for those interested in travel and exploration.
- Some Americans choose Türkiye as a destination for university study or education.
- Turkey offers luxury resorts and hotels that attract those looking for luxury and relaxation.
- From beaches to mountains and modern cities, Turkey offers wide geographic diversity.
- Opportunities for water activities such as diving and windsurfing.
- If Turkey offers programs to obtain Turkish citizenship or real estate residence through real estate investment in Turkey.
- Living in Turkey is affordable compared to many other countries.
- Turkey enjoys a stable security situation in general, which makes it an ideal destination to own apartments.
- Delicious Turkish cuisine attracts many people.
- The charming landscapes of Turkey attract nature lovers.
- Turkey has a variety of cultures and nationalities.
- Some Americans may want to open businesses in Turkey .
- Famous historical sites such as Istanbul attract history lovers.
- Having a relatively American community in Türkiye can make integration easier.
- Turkey's local markets offer a variety of traditional products.
- Turkey provides high quality medical services at reasonable costs.
- Turkey provides opportunities for various sports and recreational activities.
- Turkey is witnessing an increase in the number of tourists, which can make investing in apartments for rent profitable.
- Turkey is an important connecting point between European and Asian continents.
- Turkey hosts various cultural and artistic events throughout the year.
- Americans can experience a new and different way of life in Turkey .
- From Turkey, neighboring countries such as Greece and Bulgaria are easily accessible.
- Learning Turkish can be a new and rewarding challenge for Americans.
- Turkey provides a wide range of flights to various destinations.
- Americans can build new relationships with the local population and the international community.
- Turkey includes a number of prestigious universities and educational institutions.
- Enjoying a different lifestyle and experiencing a new culture can be alluring to Americans.
Steps for Americans to own apartments in Turkey:
- Start by selecting the city or region in which you wish to invest. Turkey includes a variety of cities and regions, including: Istanbul, Ankara, Bursa.
- Research available properties in the selected area, you can consult local real estate brokers or real estate companies to get more information about available options.
- Before making any final decision, be sure to conduct a thorough legal examination of the property in Turkey and this aims to verify that the property is free of any legal problems or unresolved issues.
- After determining the property in Turkey, the price is negotiated and a purchase agreement is signed with the seller, as an expert lawyer is preferred to review and document this agreement.
- It is preferable to conduct a technical examination of the property to verify its general and structural condition.
- The purchase note must be notarized by an authorized notary public and registered at the local land registry office.
- Once you become a legal owner of real estate in Turkey, you can apply for a residence permit in Turkey, this permit can grant you residency for a certain period.
- You can use the property for personal residence or rent it out to local residents or tourists.
- Turkey offers some tax benefits to investors in apartments in Turkey, be sure to consult a lawyer or tax expert to benefit from it properly.
You should also not miss reading the most important factors that affect apartment prices in Türkiye
Americans own apartments in Turkey for the purpose of real estate residence:
There are many investors who want to own apartments in Turkey with the aim of real estate residence, but there are some conditions to achieve this goal, where it is required that the value of the property that is acquired by foreigners in Turkey be not less than 75 thousand US dollars in the major states, and 50 thousand US dollars in other states, and this condition is imposed with the aim of preventing individuals from obtaining legal residence in the country through the purchase of real estate In Turkey valued less than these amounts.
![Buying apartments in Türkiye](https://zoomproperty-turkey.com/wp-content/uploads/2023/08/1-60-e1556564623826.jpg)
Americans own apartments in Turkey for the purpose of Turkish citizenship:
Foreigners must meet several conditions to obtain Turkish citizenship by owning apartments in Turkey, and one of these main conditions is that the value of the property reaches 400 thousand US dollars and in addition, it requires that this amount be transferred from outside the country, that the property not be sold for a period of no less than 3 years, and that it be purchased from a Turkish entity.
What are the conditions for Americans owning apartments in Turkey?
- The foreign investor must be at least 18 years old.
- The real estate area should not exceed 30 hectares, and its area should not exceed 10% of the area of the administrative region.
- The property must not be located in a Turkish security or military area.
- The criminal record is free of crimes
Whatever the goals and motives, owning apartments in Turkey remains an investment and life option that combines the advantages of financial return, distinguished quality of life, and the opportunity to obtain Turkish citizenship and enjoy the rights of a Turkish citizen by obtaining a Turkish passport and real estate residence and it is no wonder that real estate investment in Turkey remains a focus of interest for Americans looking for an exciting and lively experience in one of the most exciting and diverse destinations in the world.