Property Prices In Turkey – Why Foreigners like to invest in Turkish Properties
Property Prices In Turkey – Why Foreigners like to invest in Turkish Properties
Foreigners seem to have an attraction for properties in Turkey. There are hundreds of thousands of foreigners that have bought different properties in the European country.
There are several reasons for the affinity of foreigners to the country. Many properties in the country are built to high standards as they are usually located in decent areas in popular regions.
Also, the government seem to support many developing areas with public infrastructure. This have relatively eased off property prices in Turkey.
Special Treatment of Foreigners
Apart from favourable property prices in Turkey, foreigners have another reason they are attracted to the beautiful country.
Turkey’s embrace of foreigners have had a resultant positive effect on its real estate market. The Turkish government have a favourable policy on foreigners buying properties in the country.
This has led to the arrival of various foreigners in the country looking to acquire prestigious properties located in various parts of the beautiful country.
Turkey at present, gives citizenship status to any foreigner that buys any property that is valued at $250,000 and above. Within the past 9 years, a total of $42 billion have been spent on almost 295,000 different properties by foreigners living in the country.
Turkey currently has a very high number of foreigners in the country. The majority of these foreigners are refugees from war-torn countries like Syria, Ukraine, Palestine, Afghanistan, and so on.
So many attractive facts about Turkey
When it comes to the beauty of Turkey, the country keeps on attracting foreigners and tourists. According to many sources and travellers, Turkey is among the most fascinating and beautiful countries on the globe.
The country is known for its rapid pace of undergoing modernisation. Turkey is a favourable real estate destination because it is the only favourable Muslim country with a secular system.
The country is also favoured because of its desireable influence from two different continents – Europe and Asia. Turkey is the only Euorpean country that enjoys the cultural influences of two different continents.
Turkey as a country have had people living there for more than 10,000 years. The country is home to many of the greatest civilisations in history.
The country is home to some of the most attractive and esoteric tourist attraction spots. There is a rich collection of amazing ruins (from Side to Troy), castles, forts, and ancient churches which can be found all over the country.
Turkey: A country of friendly people
Turkey is a country with people that are incredibly friendly. Even the busy streets in Istanbul comes with people who are humane and come with a friendly disposition.
This is why many tourists and foreigners visit the country and decide to invest in properties in the country.
Similarly, if you also make your way to relatively smaller villages that are on the coast of the country, you will find out that communities are welcoming and warm.
Lots of Coastal and Waterfront Properties
Any smart real estate investor and house design connoisseur know that waterfront properties cone at a premium in any part of the world. In Turkey, there are lots of them, thanks to the massive coastline of the country.
When it comes to coastlines, Turkey is blessed with about 800 kilometres of this. This long and beautiful shoreline is bounded by four differe seas. This shoreline is a desireable location for many waterfront and beach properties.
Due to their benefits and advantages of seafront properties, they are hot in the Turkish property market.
When it comes to the hottest properties in Turkey, villages and resorts seem to attract a lot of people on a yearly basis. Villages and resorts like Bodrum, Marmaris, Antalya, Fethiye, and Altinkum.
