Reasons why Europeans own apartments in Turkey

In this article, we will learn about the reasons why Europeans own apartments in Turkey and the most European nationalities to own real estate in Turkey..

Turkey is one of the most famous tourist destinations in the world and there is no doubt that it is very popular with travelers from all over the world although Turkey is a Muslim country, it was able, thanks to its geographical location and amazing culture, to attract people of different cultures to visit and invest in it, especially by European investors and in this article, we will talk about the reasons why Europeans own apartments in Turkey and the benefits they reap from that.

Find out the reasons for European ownership in Turkey

In fact, there are many reasons to own property in Turkey:

1 - Low cost of living

The low cost of living in Turkey is one of the main factors that attract Europeans to buy real estate in Turkey although there are differences between neighborhoods and regions, the opportunities to live at low prices are undeniable, especially when compared to other European countries and in addition to the charming places and activities provided by Turkey, thus forming an attractive option to live in and buy a property and on this basis, Europeans who dream of living in a quiet atmosphere at a low cost can rely on Turkey as a major destination for investment and living.

2 - Accommodation and living facilities

Turkey occupies an advanced position as a preferred destination for Europeans to own real estate apartments, as the Turkish government provides great facilities for residing and living in the country as foreigners obtain a short residence permit granted for a certain period by purchasing a property in Turkey, and after residing for eight years, a permanent residence permit can be obtained.

Real estate purchase transactions and issuance of permits are also available with ease without the need for difficult procedures as the state guarantees property rights to foreigners and uses the Turkish currency, which makes it easy for Europeans to reside and live in Turkey, and they consider it a second home.

3 - Different types and options of apartments

Turkey is an attractive destination for real estate investors who are looking for various options suitable for their needs as Europeans can buy apartments in Turkey of various types, from luxury apartments to budget apartments, which can be purchased with cash or installments.

Turkey is also distinguished by offering a wide variety of modern projects that provide apartments that meet the needs of customers, and attention must be paid to the conditions necessary to purchase the property and ensure its authenticity to ensure the successful completion of the purchase process as Turkey is known for the attractiveness of its real estate investment market, and it is a country that has become one of the promising and suitable markets for real estate investment of all kinds and options.

4 - The attractiveness of the Turkish real estate market

Turkey is one of the most attractive real estate markets in the world, as it encourages foreign investments and provides many facilities for investors as this comes with the strength of the Turkish economy and the continuous growth of real estate investment in the country.

Real estate investments in Turkey include a number of different options, such as hotel apartments, commercial and student facilities, as well as other types of real estate as this makes the Turkish market more attractive and competitive, and good real estate prices contribute to motivating investors and attracting them to invest in real estate in Turkey.

5 - Knowing real estate prices in Turkey

Knowing real estate prices in Turkey is crucial for a person who wants to invest in the real estate market there and with knowledge of prices, a person can make an appropriate decision to buy a property that suits his budget and needs as real estate prices in Turkey vary according to the geographical location of the property, its area, its quality, and the infrastructure services available in the region as there are many different apartments available in the market, such as studios and fully furnished luxury apartments.

6 - The importance of the geographical location of real estate apartments

The geographical location of real estate apartments in Turkey is one of the main factors that make them attractive for real estate investment as Turkey enjoys a strategic geographical location between Europe, the Middle East and Asia, which enhances the value of investment and makes it a center for commercial trading.

Thanks to this location, investors can get unique investment opportunities and high investment returns in the heart of the world as it is also located next to important European countries such as Greece, Bulgaria and Romania, which makes it the gateway to enter Eastern Europe, and therefore the increasing interest and demand by foreign investors to buy real estate.

7 - The importance of Turkey as a tourist destination

Turkey is an excellent tourist destination for real estate investors, as real estate apartments in Turkey are strategically located on the sea and close to the main tourist attractions as Turkey is famous for its diverse and enjoyable cultural rituals, and tourists flock to it from all over the world to enjoy the stunning scenery and the many recreational activities as this tourist destination is characterized by reasonable prices and extensive options for tourism, which attracts tourists and real estate investors as the purchase of real estate in Turkey is an ideal and exceptional option for investors wishing to invest in distinguished tourist real estate.

Most European nationalities that own real estate in Turkey

European citizens are on the list of real estate properties in Turkey, for several reasons, as Turkey enjoys a mild and attractive weather, in addition to its friendly and hospitable society, and the two countries have historical and economic relations, and Turkey has witnessed, over recent years, a great interest from foreign investors and thanks to the flexible and clear real estate ownership laws.

According to official statistics, European citizens are far ahead, as they occupy the second place in the world in buying real estate in Turkey, after Iranian citizens as usually, this is what happened in recent years, and Turkish citizenship is obtained through the purchase of real estate for an amount of 400 thousand dollars, which is a strong motive for buying real estate in Turkey.

Tips when choosing a property location in Turkey

Choosing the right location for the property is one of the important tips that must be followed when buying an apartment in Turkey as it is better to choose areas close to vital centers in major cities, such as Istanbul and Antalya, which provide public services that are easily and quickly available.

The specifications that the buyer wants in the apartment must be considered and ensured to be available in the desired area as it is also advisable to know the reputation of the area to be invested in, and to ensure that all legal and financial conditions related to real estate ownership are met before purchasing and in addition, you should look for safe, quiet, and affordable neighborhoods.

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