Turkey is one of the popular and lovely countries that welcomes foreign tourists and investors every year. Numerous amenities and suitable weather conditions have sent many people from different countries including Russia, Iraq, Poland, Kuwait, Iran and even European countries to live in Turkey. In addition, special facilities for investment in the real estate sector have caused Turkey to witness a significant boom in this field in recent years. Buying real estate in Turkey and investing in real estate is very important for those who intend to obtain residency or citizenship in this country. If you also want to buy a property in Turkey and are not familiar with the rules, we recommend that you do not neglect to read the rest of this article.
Buying property and investing in Turkey for foreigners has become a common thing for many reasons, including economic and tourist attractions in Turkey. Foreigners can buy property in Turkey and obtain full ownership of the property in some of Certain regions may have restrictions on the purchase of property by foreigners, and foreign buyers are required to pay property transfer taxes .Before buying a property, you should pay attention to important points These tips include 1- Finding the right property 2- Property inspection 3- Negotiating the price of the property 4- Signing the contract 5- Property registration Buying property in Türkiye can be a good deal for foreigners, but it requires careful planning and thorough research
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One of the best ways to immigrate is to invest and buy real estate in Turkey. Therefore, foreign investors can get citizenship in this country by buying real estate and investing in Turkey. Steps to get citizenship in Türkiye including 1- Choosing the right property, choose a property with a value of 400,000 US dollars 2- Buy the desired property 3- Submission of citizenship application 4- Check your request Your request will be reviewed by the relevant authorities 5-Interview if needed 6- Approval of the request If your application is approved, you will be granted Turkish citizenship Finally, obtaining Turkish citizenship by investing in buying a house is a time-consuming process. With a detailed plan and expert advice, you can increase your chances of success
Since buying property and renting it out can bring a lot of benefits and in the long run, it can bring a lot of profit to property owners, investing in this sector will undoubtedly boost your economic situation. The reason for encouraging the purchase of property in Turkey and investing in it is because of the importance and emphasis that the Turkish government places on it. Based on this, investment in real estate compared to foreign currencies in the last year (according to the data of Indexa, Endesksa) dollar 75%, euro 58%, sterling 55% has increased the percentage yield, while the houses sold 181 % shows the rate increase. In general, due to the necessity of real estate in the GDP of this country and the development of real estate in Turkey, especially in luxury and expensive areas, whispers of encouragement to this profitable purchase continue.
It goes without saying that the existence of amenities, health and educational services in urban and developed areas is considered one of the positive aspects of real estate in Turkey and is a factor that assures buyers that they can own a property at a reasonable cost and by renting the said property that Compared to Iran and neighboring countries, it is relatively expensive to provide for the future of their children.
One of the best ways to acquire Turkish citizenship is to buy a property Istanbul is one of the best cities to invest in Türkiye Increase your capital rate by investing and buying property in Istanbul If you are planning to buy a property in the beautiful city of Istanbul, join our YouTube page and visit different areas of Istanbul
In recent years, the purchase of real estate in Turkey has experienced an upward growth. According to the available statistics, Istanbul, Izmir, Antalya, Ankara, and Alanya are the first cities in Turkey for purchasing real estate. In the following, we briefly mention the best features of a city.
– Majidieh Koi
– Besiktas
– Virgin
– Snivert
– Bilicdozo
– Bahce Shahir
– The Anatolian (Asian) sector, which is another important area of Istanbul, has become an emerging platform for large and profitable investments. Below are some of the important regions of Anatolia that have received most of the investment
– Atashhir
– Kadikoy
– Oscodar
Baghdad Road
– Sariyer and Maltepe.
– According to the law approved in April 2023, the minimum property price for obtaining residence through the purchase of property in Turkey is 200.000 dollars.
– The minimum purchase price of a property in Turkey to obtain a Turkish passport and citizenship is 400,000 US dollars. In order to maintain a Turkish passport, the purchased property must not be sold or transferred for 3 years.
– It is not possible to buy more than 30 hectares from the lands of the Republic of Turkey.
– The lands of security and military areas cannot be purchased.
– If the property is purchased against the laws of Turkey or if it is not approved by the competent authorities, the transaction will be canceled.
– Failure to notify the Ministry of the completion of the project will also invalidate the purchase and transaction of the property.
-Foreign citizens have up to two years to build the land.
– Foreigners are allowed to buy up to 10% of the land and properties in each district of the city
Complete knowledge from zero to one hundred buying and investing in real estate in Turkey will not only make matters easier, but will also make you satisfied. Therefore, if you want to buy real estate in Turkey more than ever, it is necessary to familiarize yourself with the other criteria and the required documents. Contact experienced experts and specialist consultants for free consultation and review of conditions to choose the best option.
In this context, the real estate department of MGG Holding is ready to respond to you with the best services and advice throughout Turkey, especially in Istanbul.