Is It Worth Buying Real Estate In Turkey?

Buying a property in Turkey is a solid investment that offers security, stability and high returns on the initial investment. Relatively low prices, a fast-growing rental market and good returns make buying property in Turkey a good deal. With new construction dwindling and market demand increasing, it pays to buy a property before these favorable conditions change.

If you're interested in buying property in Turkey, today's blog will explain what Turkey has to offer and whether it's worth moving here.

Why People Move to Turkey

Turkey's charm is reflected in its world-class cities, stunning coastline, rich history, natural beauty and friendly people.
With its attractive lifestyle, relatively low property prices and low cost of living, coupled with favorable conditions created by the Turkish government for foreign buyers, it is only natural that people flock here for real estate deals.

What Can Turkey Offer?

There are many positive aspects of different people moving to Turkey.

Retirees and second home owners love affordable healthcare and sunny shorelines. At the same time, Turkey attracts businessmen as a strategic regional economic center and its openness to investors and foreign capital.

Digital nomads and bargain hunters are attracted by the low cost of living and Turkish citizenship through property ownership.

Expats from all over the world who used to focus on markets such as Cyprus, Portugal and Spain are now turning to Turkey. This is because of its more affordable, premium build and fantastic lifestyle.

Reasons to Buy Property in Turkey

Turkey is a beautiful and diverse country with a lot of real estate potential. Buying a property in Turkey can bring substantial returns.

So, if you are wondering "Is it a good idea to buy property in Turkey?" or "Is now a good time to buy property in Turkey?" the following information can help you decide.

Affordable House

Living here is very affordable, which has become an important factor for foreigners from different countries to come here to buy a house. The best part is that you can find accommodation according to your budget.

Whether it's a luxury villa or a small townhouse, the real estate market here has plenty of options to choose from, depending on your budget and other needs.

Worry-free Shopping

Now is a great time to buy property in Turkey as the process is completely seamless and hassle-free. You don't have to worry about long wait times. Authorities have simplified the property buying process to attract more foreign investors.

It only takes about a week when you have fully staffed experienced professionals by your side.

Our company can help you. We strive to provide our customers with excellent value for money to ensure their satisfaction.

Impressive Investment Profile

Turkey's real estate market has undergone rapid changes. Investments in Turkey have soared in recent years.

With a huge property portfolio, foreigners looking to buy property here have plenty of options.

Also, the best thing about Turkey is that there is no discrimination against foreigners, so they can expect equal treatment. The investment law is fully compliant with global standards.

The payment process for real estate is also easy and simple. Some payment plans allow buyers to pay for more than six months or more.

Turkish Citizenship by Investment

One of the most important reasons to buy property in Turkey is that foreign buyers can obtain Turkish citizenship by investment.

Under the new investment rules, buyers of properties worth $400,000, their spouses and children under the age of 18 will receive Turkish passports.

Excellent Healthcare System

The healthcare system here is one of the best. Both locals and foreigners are easily accessible. Private hospitals are also known for providing the best care and quality services.

Turkey is also known for medical tourism; millions of people come here every year to benefit from affordable treatments and procedures.
You can read our blog about medical tourism in Turkey to learn more about medical services for foreigners.

Cheap and Easy Lifestyle

The low cost of living and easy-going lifestyle are another reason why foreigners are worth buying property here. This lifestyle is much cheaper than places like the US.

The cost of living largely depends on the city in which you are interested in buying property. For the most part, groceries and utilities are cheaper here compared to other countries.

Delicious food that cannot be overlooked and the hospitality of the locals. The food here is healthy and consists mostly of organic ingredients.
Foreigners from all over the world move here to start a new life and enjoy the hospitality of the locals.

What Progress Has Turkey Made?

Infrastructure has vastly improved, major modern airports, good public transport and slick new highways make travel hassle-free and access to local areas and destinations easier than ever.

Great value for money, easy access to the market, ideal location and exceptional properties make it absolutely worthwhile for investors to buy property in Turkey.

Conclusion

Interest in the region has grown over the past few decades, and with the increasing allure of property ownership in Turkey, now is the time to invest and reap the benefits of being a property owner in Turkey.

If you are interested in buying property in Turkey, our Citizenship by Investment Guide, Buyer's Guide and Territory Guide are everything you need to make the right decision.