If you are considering having an apartment in Turkey this article is for you. Turkey is a country where its people have a real passion for their actions. At the same time, the Turkish lifestyle is one of the most influential cultures and has reached people on every continent. It is a fact that centuries-old traditions such as oil wrestling, football, winemaking, and preparing traditional Turkish dishes still continue in Turkey.
In most of Turkey, the sun is active all year round, and the average temperature is about 20 degrees. The hottest months of the year are especially between July and August. In winter, temperatures are slightly lower.
Those living in Turkey have the luxury of having exceptionally high temperatures all year round. Combined with this wonderful tradition, light Mediterranean meals in the afternoon, followed by a late dinner and hanging out with friends until the morning, have become the routine of those living in Turkey. Isn’t it perfect to even dream about it?
It is no surprise that the Turkish lifestyle appeals to people of all ages and social groups, and that is why many foreigners decide to buy an apartment in Turkey. In the past, Turkey used to be characterized as a country where only retired people could move, but current research shows that the average age of people who buy apartments in Turkey is falling, and more and more young people are moving there as time goes on. In fact, many young entrepreneurs have had great success when they bought apartments in Turkey, settled there, and started their own businesses.
When it comes to real estate, many options are presented to those who decide to buy an apartment in Turkey, but there will always be positive and negative points that must be carefully examined before making a final decision. Buying an apartment in Turkey can provide peace of mind because security will not be an issue when there are neighbors around. Duplexes are a good choice if the property is to be used as a vacation home investment because their prices are very budget-friendly.
Detached apartment in Turkey is more expensive, but they offer quietness and privacy as the next property will be further away from yours. Traditional city apartments are located close to all the amenities you would normally need, and modern business workers make more sense to live in such properties. Country Mansions are preferred as rest homes as they are located away from the hustle and bustle of the city centers, but often require renovations when purchased.
Although property prices are known to have increased over the last decade, the cost of living in Turkey is still quite low compared to the UK and Europe. This should be seen as an advantage for people who are considering buying an apartment in Turkey.
Buy the Best Apartment in Turkey
Purchasing an apartment in Turkey will always be a remunerative investment. Investors’ eyes are usually on Turkey when it comes to making a profit. One of the most important returns for investing in real estate for sale in Turkey is profit.
In order to increase the return on buying an apartment in Turkey, first of all, calculating the income correctly, working with the right real estate company and finding the right mediator are the most important factors. If you are considering buying a house for real estate investment in Turkey, it is crucial that you receive the right advice in this process.
Buying an apartment in Turkey and buying the right property is diametrically opposite. The first place where the outlook on life comes into contact with the outside world is the home. In the process of buying a house, criteria such as your purpose for buying the house, the location of the flat, its budget, and the properties of the house should be taken into consideration. For example, are you thinking of buying a long-term residence or investment flat in Turkey? This is the most important question to be answered.
The Importance of a Checklist for Buying an Apartment in Turkey
Knowing what will happen next is as necessary as deciding to own an apartment in Turkey. First of all, congratulations, because it carries a unique potential for investors in the Turkish real estate market. Compared to many other countries, Turkey is affordable enough thanks to the country’s late entry into a structured, value-based market.
Until the beginning of the current century, there was no mortgage concept in Turkey and this led to a mass construction pile. However, there are different factors to consider before you start to examine the Turkish real estate market, which offers you thousands of options.
Financial Order: You will not encounter any surprises when you try to get your financial affairs in order and buy an apartment in Turkey. Knowing your net worth, current assets, and financial liabilities, you can easily quantify your budget. Having easy access to your funds will benefit you because the process is very fast.
Knowing why you are buying an apartment in Turkey: Knowing why you bought this apartment in Turkey is even more important than knowing your budget. This allows you to choose a property that suits your needs and wishes. If you’re looking for an investment to buy and rent, you should decide on the area where you’re going to buy this house. Ideally, there should be tourist areas for short-term rentals or a central area for long-term rentals.
Location of the flat decided to buy in Turkey: It is necessary to decide on the location wisely. You decide to buy a house in one of your favorite holiday destinations, but you may not see the crowd you expect in these areas during the winter months. But despite the winter, thanks to its warm weather, places like Fethiye, Antalya, and Bodrum are ideal for a permanent life because life goes on no matter what.
Being open-minded: If you have already fallen in love with an apartment in Turkey, wait and do not ignore other options. If you look at the other options, you won’t regret that you can find a better option. Make sure you keep an open mind and check out the many alternatives before coming to a conclusion.
Factors Affecting the Price of the Apartment in Turkey
Turkey is one of the countries that attracts the most attention in the real estate market. When Turkey kept developing, it became the rising star of the world thanks to the fact that it started to make a sound in the world in terms of technology, health, and education. Therefore, it is a brilliant idea to purchase a cozyapartment in Turkey.
Demands and country development have a directly proportional relationship with the prices of apartments in Turkey. However, foreigners can continue to buy apartments in Turkey unchallenged due to exchange rate differences.
The fact that everyone in the world draws attention to Turkey, thanks to the exchange rate difference and the demand created by the increased development in Turkey, can frustrate those who dream as well as opportunists, because the most beautiful summer houses by the coast or the most classy apartments with minuscule balconies, fed by the noise of the city, are about to be occupied. You should book your ticket to Turkey before it’s too late.
Turkish Citizenship by Property in Turkey
Turkish citizenship is given to foreigners who buy one or more properties worth at least 250.000 USD and hold this property for at least 3 years, otherwise, their Turkish citizenship will be canceled. These economic dynamics not only enabled the real estate market to revive, but also led Turkey to earn foreign currency and create employment.
To obtain Turkish citizenship by purchasing an apartment, there is no nationality restriction, and when you have Turkish citizenship, you don’t have to give up your first nationality, this is called a dual citizenship program. When you have Turkish citizenship, you have the right of your family members to have Turkish citizenship too.
If you purchase an apartment in Turkey and obtain Turkish citizenship, you will have 105 visa-free countries to visit. There are bags of alternatives for buying an apartment in Turkey, so don’t miss it.
