Date: Thursday, 04 June 2020
Advantages of buying an apartment in Turkey
You are about to read these lines because you may be seriously considering purchasing an apartment in Turkey, or perhaps comparing it to another location and want to make sure that you are making the right decision. Whether it's for a vacation or just for investment, if the idea is to buy an apartment in Turkey regardless of whether you are accustomed to this country or not, many questions are on your mind and you haven't got an answer. This blog will help you answer most of your questions, or at least give you some concrete, real and reliable facts about many of your questions that have been on your mind. So here is a list of advantages of buying an apartment in Turkey.
Advantages of buying an apartment in Turkey
1 - Best value for money
This is perhaps one of the most powerful advantages of buying an apartment in Turkey, and one that should be taken into account mainly when considering buying an apartment in Turkey. Because Turkey has a large and growing group of good properties for all budgets, and an understanding of good quality in particular and at a reasonable price, which allows real estate of all budgets to come with established standards and very competitive price tags.
2- Free ownership
When you buy an apartment in Turkey, you do not buy a stake in the property, take charge of it, or rent it for 20 years from the local government.
When you buy a property in Turkey, you buy the entire property and get the full ownership of it!
What does that mean in concrete terms?
The first thing you should know is that the laws and regulations regarding buying a property do not differ whether you are a Turkish or not. The same rules and laws apply to anyone who buys a property in Turkey.
As a last note, when you buy a property in Turkey in order to build a residential complex or a shopping mall, you not only buy a property, you also get ownership of the share of the land in which you want to build the complex or the mall.
3- Residence and nationality
One of the most important advantages of buying an apartment in Turkey is one of the fastest and safest ways to obtain Turkish citizenship as the current laws allow anyone who owns a property (i.e. those whose name is registered in the title deed named TAPU in the Turkish language) is entitled to apply for Turkish citizenship. This right granted not only to the person whose name is in the title deed, but also applies to the family consisting of a wife and children.
4- The multicultural environment
Turkey is the meeting point for many different cultures, not to mention all the famous sites that are appreciated by international real estate investors, as the living environment consists of many different cultures that live together in harmony and peace.
5 - The cost of living
Relatively low cost of living in Turkey, compared to the rest of Europe and neighboring countries, with luxury and sophisticated living systems, provides a good stay in Turkey. Medicine in Turkey is known to be cheaper than all European countries, giving Turkey's medical sector a boom and unprecedented demand in recent years.
6 - Where East and West meet
Many books and guides about Turkey begin with the same old saying: Turkey is a bridge where East and West meet. As a, Turkey is the meeting point for different cultures where a tourist can discover a new culture and also find a common point with his own culture.
7 - Expecting large rents
In an era when tourist trends are changing and more and more people are searching for an opportunity to find this ideal vacation rental property, Turkey has already taken its relatively advantageous position. Holiday rental properties are reserved early in the season and guarantee satisfactory income for all property owners. It also goes without saying that strong domestic demand is also a point to consider and that the Turkish youth bloc looking for an apartment for rent is also a strong source of income.
8 - The nature of the climate
Turkey is still unlike many western countries where Turkey can enjoy all seasons throughout the year whether it is summer, winter, autumn or spring, every season lives strongly throughout Turkey. Needless to say, regardless of whether you are a summer person Or prefer cool days, you can bet that one part of Turkey is definitely your place.
9 - Quick and easy ownership
Buying an apartment in Turkey is subject to foreigners with the same laws and regulations as the locals. In other words, owning a property, and the procedures for owning it are only a few days. What is better than knowing that your ideal property ownership in Turkey is only a day or two away from realization.