According to the new Turkish government policy that attracts investors, it has facilitated all procedures related to buying real estate in Turkey and has also provided advantages to real estate investors in the country, so what are these advantages?
• Real estate prices in Turkey are reasonable and are lower than real estate prices in Europe, although real estate in Turkey has many advantages and good infrastructure , also have the same levels of luxury that are offered to foreign investors in European countries.
• Nature in Turkey: Turkey is characterized by the beauty of its nature and its wonderful climate, as is suits the tastes of many.
• Less real estate tax: Since all countries of the world impose tax on property owners in their territories, including Turkey but after the latest amendment to the real estate law in Turkey, the Turkish government has significantly reduced the real estate tax and also exempted the foreign investor from the added tax on real estate.
• Good investment returns: The real estate development in Turkey depends mainly on ensuring excellent profitability returns for real estate owners, in addition to the annual price increase of the property, tourism in Turkey plays an important role in ensuring excellent profitability returns for the property.
• Real Estate Residency: The advantage of obtaining a real estate residency is excellent for owners of properties whose value is less than 250 thousand US dollars.
• Turkish citizenship: for the owners of real estate worth 250 thousand US dollars and more, as those who obtained Turkish citizenship enjoy many powers to encourage them to invest in the country.
Various social environments in Turkey: Turkey has a diverse social structure and cultures that make it attractive to investors from all over the world and of all nationalities and ethnicities. Conservatives find their demand in Turkey, not like many countries that attract a certain class of investors to it.
Benefits of Real Estate Investment in Turkey
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