Turkey Property Blog: This blog by Maximos Real Estate is specially presented for you to give an overview about life in Turkey, property laws and general information about the country.
You can use this blog as a guide for the information you need to know about purchasing a property in Turkey.
You can get acquainted with the popular touristic cities like Antalya, Belek, Kemer, Alanya, Side, Kas, Kalkan, Bodrum, Kusadasi and Istanbul.
Everyone person who visited Turkey knows the Blue mosque and the beautiful beaches at the Mediterranean sea but we are sure that there are a lot of places you have no idea about them or at least you didn’t know those places are located in Turkey.
In this topic we will give you a list of those mysterious places which only a few know about them.
Buy a property out of your country is not really the same as if you would buy it in your country.
We are totally understanding the whole concepts of the buying process for real estate in Turkey and for that reason we put the principles of guiding for buying properties in Turkey so you can securely own your property without any kind of obstacles and we are aiming to help our clients even after the buying process so the clients can be completely assured of our honest.
In the recent years Turkey has earned an excellent reputation in the field of tourism thanks to its beautiful nature, rich culture and a big amount of historical monuments.
The Turks are people that have hospitality
Turkey has impressed already so many foreign tourists that they decided to move and live here.
Every day the number of foreigners residing in Turkey is increasing.
Among them are many Arabs, Germans, Dutch, Russian, Swedish, Japanese, British, Iranian, French and Belgians.
Turkey is among the top 10 most popular touristic destinations of the world. If you are still wondering “Why Turkey?”, the following information about the country will identify a number of reasons why Turkey is the best place to have holiday and invest.
Turkey is one of the safest places in Europe. The press is full of headlines about the unrest in the Middle East, but it has nothing to do with Turkey.
Most travelers speak of the Turks as a friendly and hospitable people.
Indeed, Turkey is not only friendly, but also as safe as Europe and North America.
Turkey hosted the G20 summit
The famous Turkish resort town of Belek (province of Antalya) was prepared to host the summit of G20 which was chaired by Turkey on 15 and 16 October.
Now foreigners who have already property in Turkey or plan to purchase have new conditions for obtaining a residence permit.
A foreigner owning property in Turkey can get a residence permit for up to 1 year from further annual extensions.
Property prices began to rise in Istanbul Esenyurt region.
In 2013 the price in Esenyurt region for 1 m2 was approximately 1.600 liras, nowadays in 2019 it is almost triple that.
Today the prices in Istanbul city center depending on the region are in general 3-4 times more expensive than the developing Esenyurt region.
Nowadays Real Estate market in Istanbul is growing each day both in quality and prices.
However the prices on properties in Istanbul are still lower than in Europe.
Turkish city on the Mediterranean coast Antalya has set a world record for the number of beaches that are awarded with certificate by International Foundation for Environmental Education.
The new project in Antalya Marina is one of the most prestigious projects not only in Turkey, but also in the world.
Nowadays the river Boğaçay has an area of 800 km2, the main idea of the project is to deepen the river and to make a yacht port.
Lara region is one of the most prestigious, fast developing areas of Antalya. One of the main advantages of this area is a 12 km long beach, which starts in Lara – Ornekköy.
In this area there are a large number of bars, cafes and shops.
District is a fully built-up area with excellent infrastructure, green parks, fountains and colored sports grounds.
District Konyaalti is located in the western part of Antalya, with well developed city beach, 8 km in length on one side, and surrounded by Taurus Mountains on the other.
In Konyaalti there are 71 different hotel categories, with good infrastructure and service.
These factors provide a large number of tourists and it makes this region attractive not only for holiday but also for living and buying a property.
Before going on vacation, many tourists are interested in the question: what will be the weather like in Turkey? The climate of Mediterranean coast depends primarily on the geographical location of the country.
Most of the territory is covered by mountains, and it is typical for continental countries climate with hot sultry summers and cold rainy winters.
However the whole territory of Turkey is divided into several climatic zones.
Turkey maintained the leading position in Europe in house prices in the first nine months of 2013. According to the investigation, the average property price is increased by 12.5 % in the first three quarters of 2013 compared to the same period last year.
According to the forecast, house prices in 2014 is also expected to rise from 10% to 15%.
Foreign tourist who have already been to Antalya, like another millions of holidaymakers, will remember sandy beaches and warm sea even in October, 5 star hotels with all inclusive service and a lot of pine trees that make it city a true tourist paradise.
But this is not all what you can find in this beautiful city on the Mediterranean sea.
Why you should buy property in Turkey? There are many answers on this question, buy many people who plan to buy property in Turkey are asking it to themselves. For sure you have already heard about the 300 days of sunshine per year in Turkey, moderate value of real estate in Turkey, airports that are opened all the year long and have direct flights from your home country to many cities of Turkey and as well a favorable visa regime.
Many foreign buyers still think that property in Turkey must be so cheap, that the two-bedroom apartment on the sea cost cost like a used car in a home country.
No doubt that the prices for real estate in Turkey are cheap in comparison with Europeans, and as in any other market in Turkey there are quite interesting proposals, but you should know some features about real estate buying procedure before taking a decision to buy a property.
Before buying overseas property, you must know exactly what you have to pay for taxes in this country. Upon receipt of Tapu property buyers in Turkey must pay tax at 4 % of the cadastral value of property specified in the certificate of ownership Tapu (average 1000-2000 euros).
Dear property buyers in Turkey We are pleased to announce you the great news : the Turkish authorities have abolished the need to wait for permission from the Military Department in Izmir , which was necessary for all foreigners to get Tapu (document confirming the right of ownership of the property).
Let’s talk about the best beaches in Turkey. What home buyers should expect in such cities of Turkey like Belek, Antalya and Kemer? Belek and Kadriye areas are located only in 25 km from Antalya International airport and is traditionally very popular among foreign tourists. There are excellent sandy beaches.
Many people wonder why property in Antalya has such a high demand among foreigners? The answer is quite simple: it is promoted by a number of factors, such as the presence of an international airport and a short flight, excellent infrastructure of the city, absolutely reasonable prices and good quality. All this attracts a growing number of foreigners as to the rest, and for permanent residence.
In 2012 a huge aquarium in Antalya was opened, which has become the second largest in Europe and the fifth – in the world.
Antalya Aquarium has a tunnel of 131 meters long and 3 meters wide, that is considered to be the longest in Europe and the second longest in the world. In the aquarium complex, which is located in the indoor area of 12 000 square meters, visitors can get acquainted with the inhabitants of the underwater world, and spend your free time.
It’s quite obvious that nowadays the purchase of foreign real estate abroad by the sea is not only fashionable and prestigious, but also beneficial in terms of investment funds.
For many years, real estate demand in is stable European countries such as Italy, Spain and Greece, but the price of real estate in these countries is quite high.
New park has been opened in Antalya, Liman district. This is good news for tourists and owners of property in Antalya in the neighborhood Liman district of Konyaalti. Konyaalti is one of the most popular districts for foreigners who purchase real estate in Antalya, so the new colorful park in this region was really necessary.
Turkey has applied to International Association of Horticultural Producers in August 2010 and in November 2011 General Assembly of International Exhibitions Bureau has approved EXPO 2016 to be held in Antalya, Turkey.
According to the new law that allows all foreigners to purchase a property in Turkey, the duration of stay in the country for foreign buyers is extended to 1 year now, according to an announcement in the Official Gazette. As the demand on properties in Turkey grows, the Turkish government has approved a law that extends a duration of stay period.
Nowadays Turkey is one of the main destinations for people who want to invest money in property.
With its growing economics more and more businessmen are coming to Turkey to buy properties and be sure that their investment is right.
The property market increases so fast in Turkey, that it is placed in top 10 fast emerging countries and the best investment locations through all around the world.
Turkish government has approved a new real estate law that allows all foreign buyers to purchase a property in Turkey nowadays. Buyers from all over the world has unrestricted rights to buy properties or lands in all regions of Turkey. After the new law has been released more than 100 countries (including Arab countries) got a permission to buy property on individual ownership. Reminding, that before some countries could buy real estate units only if they have their own company registered in Turkey.
