Real estate investment in Turkey has grown and developed remarkably until it becomes the focal point for many Arab and foreign investors, as you see that their goal is one but the purpose is different. We will explain this to you more in this article. So, we hope that you enjoy reading.
Why real estate investment in Turkey?
Today we are seeing the number of foreigners and investors coming to Turkey to buy a property in Turkey and there are certainly several goals and reasons that motivate them to do so. Below, we will provide to you the most important of these goals:
First - Possessing of the strong Turkish citizenship:
Turkish citizenship is considered one of the strongest and most important nationalities in the whole world, and once the Turkish state abolished the principle of reciprocity and allowed foreigners to obtain its citizenship through real estate investment, this field became one of the most successful areas due to the high demand for it.
the decision issued by the Turkish state regarding Turkish citizenship states that it should be given to foreigners who own property in Turkey, provided that the price of the property is four hundred thousand US dollars as a minimum, and you must live in it and not offer it for sale for at least three years, and we inform you that the investor willing to inter Real estate investment in Turkey does not pose a threat to the public security system.
Second - Getting real estate residency:
Real estate residency is one of the most popular and best types of residency in Turkey, and we can say that it is one of the purposes of real estate investment. Once you buy a property in Turkey for seventy-five thousand dollars, you get this residency that will serve you very much, as it is difficult for you as an investor to travel, so it gives you an opportunity to move from and to Turkey with complete ease.
Third - Achieving financial wealth:
You find real estate prices in Turkey vary, some of them are cheap, medium or expensive, but in general, all of them can bring you a lot of profits if you invest them correctly and adhere to the conditions set by Turkey.
Fourth - Tax exemption:
Among the facilities and motivations provided by Turkey to foreign investors is the exemption in taxes related to buying a property in Turkey.
The most successful real estate investment methods in Turkey?
Real estate investment makes you a lot of money if you use it correctly through one of the following ways:
First - Renting out the property:
The strategy of renting a property after buying it is very popular and contributes greatly to increasing your capital, , through it you get a fixed monthly return, but its value varies from one property to another, which means that when you offer an apartment located in a vital area such as Kaskudar and Beylikdüzü for rent, you will find that the demand for it is great. Thus, the return from it will be double the rent an apartment located in an area that lacks services and vitality.
It is preferable that your property be close to the tourist sites and the archaeological and historical monuments in order for the foreign and Arab tourists to flock to it. In addition, the apartment, which has a sea view, attracts a huge number of investors, especially in the summer.
Second - Reselling the property:
Many investors prefer buying a property and then reselling it to increase their capital, after some time, the price of the property rises and therefore you will get a good percentage of profits. However, this way needs constant observation from thereal estate market in Turkey and knowledge of the time prices would decrease or rise.
Third - Investment in commercial real estate:
Successful investment is not exclusive preserve of apartments, but you can buy a commercial property, meaning that the aim of it is trade, not housing. In fact, this type of real estate makes a lot of profit if you offer it for rent and get a good monthly return, or design it as a work office of any field. You can also open it as a shop selling various products; in all cases, we guarantee you great success that increases your capital, but pay close attention to the location of the commercial property before you buy it, as it is necessary that it be in a vital area to find a demand for it, and this area must contain an integrated network of transportation to make it easier to reach.
Fourth - Buying lands in Turkey:
Land prices in Turkey are somewhat more acceptable than real estate prices, and you can buy a land and then start building real estate projects on it, such as luxurious residential complexes, high-rise buildings, villas, and many more, and you can also build a restaurant, hotel, or even a series of shopping centers. In all conditions, you will earn a high percentage of profits.
We should note that the location of the land plays an important role in achieving your investment success, as the land located in the city center will make more money for you than the one isolated from the city. It is also worth noting that when you buy it, you have to look at the possession title and make sure that the land is for housing.
Important tips for real estate investment in Turkey:
Before you go through the experience of buying a property in Turkey, you should be careful of some things and follow some of the instructions that we have collected for you as follows:
First - Take a short tour in the property:
It is necessary to go yourself and check the property and see if it meets your purpose or not, and it is preferable not to rely too much on the videos and photos that the seller sends you about the it, as many of them try to show the positive points of the property, while hiding the negative ones until the purchase is completed.
Second - Verification of the property owner:
Some people are deceptive and claim ownership of the property; to avoid falling into it, you should make sure of the actual real estate owner.
Third - Verification of possession title:
The possession title is a document that proves your ownership of the property, so any wrong information in it may cause you a lot of problems, that is why you must make sure of the information in it, such as the area of the property, its location and other specifications related to it.
Fourth - Make sure that there is no buyer other than you:
Some fraudsters use trick of selling the property to more than one person at the same time, which exposes you to many problems. To avoid this, you must make sure that the seller is honest and that there is no other owner or buyer of the property.
Real estate investment in Turkey has become one of the most successful and profitable fields, which has contributed greatly to the prosperity of the real estate sector in this great country and made it a destination that attracts countless investors, foreigners and businessmen.
Why to choose zoom real estate company for a real estate investment trip in Turkey ?
– helping you finding suitable properties for real estate investment and obtaining Turkish citizenship.
– We offer extensive real estate services in Antalya, where we have
Villas for sale in Antalya with the most beautiful views in addition to all types of residential, commercial and hotel properties .
– Our services extend to various areas of Istanbul where you can find luxury properties for sale that meet your wishes.
– We have properties for sale in Turkey in installments .
– Investing in earthquake-resistant buildings in Turkey and ensuring the best service standards
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