If you are looking for good reasons to invest in Turkey, you need to know Turkey is a beautiful country with four seasons with diverse welfare facilities and low living costs compared to other countries of the world and culturally similar to Iran.
There are a lot of opportunities for work and study in accordance with your expectations, experiences and education.
Over the past years, the real estate market in Turkey has growled up and foreigners have a significant role in this growth
You can earn some money by renting a home even if you don’t have a desire to stay in Turkey.
But you should know why the Turkish real estate market attracts foreigners and offers useful incentives?
Here are some important reasons:
Research shows that buying a property in London is almost eight times more expensive than Turkey, and as you move from Istanbul to the other city of Turkey, you can find cheaper prices to buy property. For example, the price of property in Antalya starts at 30,000 euros, which makes it a great potential for long-term, profitable investment. Considering the current rate of Turkish lira to foreign currencies, it is now an ideal time to buy properties . Customers looking for properties with guaranteed rental income can also find profitable opportunities
The major changes in the Turkish market over the past ten years have incredibly contributed to the diversification of residential projects such as studios, apartments, villas, or second homes, pre-planned projects or newly renovated homes. You can find more from coastal areas to urban or remote areas, exactly which you are looking for.
It should be noted that ten years ago, buying property in Turkey was a complicated process, which means it should take a very long time to get the document, but now the Turkish government is simplifying this process and making it easier than ever. From the selection of the home to the signing of the document, the process can be completed within a week.
If you want to buy a house or buy a new home, you can use the terms of payment for installments between 6 and 60 months. This means that in some cases, you can pay the price within five years, but you can move home and then sign the property document. For first-time buyers with enough funds, this is a big incentive because interest is zero percent.
The cost of living in Turkey is half the United States and Britain, which explains why many foreign buyers decide to live in Turkey throughout the year. One of the most seductive issues is that the annual cost of using real estate is very cheap, especially in taxes, water, electricity, satellite, and the Internet.
One of the lesser but still significant reasons for buying property in Turkey is the huge amount of entertainment and things that can be done. In all major cities, residents can climb to cultural and artistic centers, while coastal resorts in the Aegean and Mediterranean seas enjoy the benefits of coastal life, so much of the daily life happens outside of the home.
Turkey has recently become a global investment center. Particularly many foreign investors prefer to invest in large investments. Turkey offers excellent investment opportunities by increasing new apartments and houses in the real estate sector. Since 2005, a number of investors from different countries have entered the Turkish real estate market and have received profitable short-term revenues. You can also be one of them.