Turkey is a gifted paradise for tourism— a Eurasian country bordered by eight countries and framed with the Mediterranean, the Aegean and the Black Sea, adding to its natural beauty and ranking it very high in popular choices for tourist destinations. Naturally, Turkey has become a hotspot for real estate investments too.
Turkish property involves quaint and romantic Turkish villas, comfortable apartments and luxurious penthouses, meant for vacations or business purposes and are completely furnished as well as connected to the nearest airports. Turkish property is relatively low rated in terms of international property prices and looking at Turkey’s booming economy, especially in the tourism sector, your investment in Turkish property will double or triple in value over the next few years. turkish citizenship by buying property
Belek is a lovely town and a property hotspot for foreign investors. Situated beside the Mediterranean, it offers comfortable villas and apartments with all modern amenities, a hospitable environment and numerous recreational facilities, like provisions of a golf course, sightseeing trips or sailing. The hotels are placed strategically, to provide stunning views of the blue sea and the mountains in the distance, making it an ideal and popular spot for relaxing holidays.
All savvy investors are buying property in Turkey as the country is among the EU nations and its property market is booming. It is the only politically stable country in the Middle East, has great climate, and is secular and economically strong. Its unique culture, blending the East and the West adds to its tourist attraction. Foreign investment in Turkey is doubling in a year. All property prices in Turkey begin from around 20,000 euro for one bedroom apartment in coastal regions and you can renovate the properties.
All tourists from the UK, the US or Ireland are issued a 90 day tourist visa. If you want to stay longer to purchase a property, you will have to apply for a residence visa from the Turkish consulate. Apart from immigration issues, the process for buying property or taking it on lease is legally straightforward in Turkey. Both foreign nationals and local investors have to follow the legal instructions of the Turkish law to buy Turkish property. A few forbidden locations are listed for foreign investors, which obviously include areas of military or strategic importance or are historical, religious, agricultural or mining regions.
Turkish property is divided into hotels, villas, apartments and penthouses, mostly in towns beside the coast of the Mediterranean and the Aegean Sea. You can choose to invest in Istanbul also, which is a commercial nerve center of Turkey or the favorite tourist destination of Bodrum which is strategically located and is very picturesque.