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Is Turkish real estate worth buying?

For foreign investors, buying property in Turkey is a beneficial and enjoyable investment. Due to the ease of registration and the ability to use a variety of investment financial schemes, купить недвижимость в Турции is now much simpler for many foreigners.

State support of Turkey in the field of real estate

One of the advantages of investing in real estate in Turkey https://mavato.ru/turkey/stanbul/ is that the Turkish government has paid special attention to the real estate sector through numerous campaigns in recent years. Recep Tayyip Erdogan, President of the Republic of Turkey, made a special call in 2017 to revitalize real estate companies throughout Turkey, having organized numerous campaigns to promote real estate. Perhaps the largest of these campaigns offered the sale of apartments, allowing you to buy a property with a convenient instalment plan of up to 240 months.

In this context, important activities include:

  • At the direction of the President of the Republic, some real estate companies sought to completely eliminate interest.
  • Interest has been reduced from 25% to 20% and upfront payments for those who wish to own in instalments have been reduced.
  • When purchasing real estate, foreigners are exempt from paying value-added tax.

In exchange for purchasing property in Turkey, a foreign investor is entitled to a real estate residence allowance for himself, his spouse, and their children under Turkish law.

The simple and transparent buying process

Buying property in Turkey is not only profitable but also simple. A foreigner can make a purchase in just a few days, thanks to a well-established transparent scheme and the comprehensive assistance of specialists. A foreign owner receives the same rights to own real estate as the Turks. He is given a TAPU in his hands – a certificate of ownership, which cannot be challenged even in court.

For foreign investors, buying property in Turkey is a beneficial and enjoyable investment. Due to the ease of registration and the ability to use a variety of investment financial schemes, купить недвижимость в Турции is now much simpler for many foreigners.

State support of Turkey in the field of real estate

One of the advantages of investing in real estate in Turkey https://mavato.ru/turkey/stanbul/ is that the Turkish government has paid special attention to the real estate sector through numerous campaigns in recent years. Recep Tayyip Erdogan, President of the Republic of Turkey, made a special call in 2017 to revitalize real estate companies throughout Turkey, having organized numerous campaigns to promote real estate. Perhaps the largest of these campaigns offered the sale of apartments, allowing you to buy a property with a convenient instalment plan of up to 240 months.

In this context, important activities include:

  • At the direction of the President of the Republic, some real estate companies sought to completely eliminate interest.
  • Interest has been reduced from 25% to 20% and upfront payments for those who wish to own in instalments have been reduced.
  • When purchasing real estate, foreigners are exempt from paying value-added tax.

In exchange for purchasing property in Turkey, a foreign investor is entitled to a real estate residence allowance for himself, his spouse, and their children under Turkish law.

The simple and transparent buying process

Buying property in Turkey is not only profitable but also simple. A foreigner can make a purchase in just a few days, thanks to a well-established transparent scheme and the comprehensive assistance of specialists. A foreign owner receives the same rights to own real estate as the Turks. He is given a TAPU in his hands – a certificate of ownership, which cannot be challenged even in court.

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