Turkey is a unique country where East meets West, with a rich history and beautiful landscapes. It’s no surprise that many foreigners want to invest in property here. If you’re thinking about buying real estate in Turkey, here are some key benefits you should know.
1. Get Turkish Citizenship
One of the biggest advantages of buying property in Turkey is the opportunity to get Turkish citizenship. If you buy real estate worth at least $400,000, you and your family (spouse and children under 18) can apply for Turkish citizenship. You don’t have to live in Turkey to keep your citizenship, and you can rent out your property for income.
2. Residence Permit
When you buy property in Turkey, you and your family can also apply for a residence permit. This permit allows you to live in Turkey, start a business, buy a car, and use public services like health care and education.
3. Affordable Real Estate Prices
Compared to European countries, real estate prices in Turkey are very affordable. Even in big cities like Istanbul, properties are much cheaper than in cities like London. This makes Turkey an attractive option for retirees and investors looking for good value.
4. Low Cost of Living
Turkey offers a low cost of living, which is great news for those planning to move here. According to a global survey, Istanbul is one of the cheapest cities to live in, offering great value for your money.
5. Investment Returns
Real estate is a good long-term investment, especially in Turkey, where costs are lower than in many other countries. Well-maintained properties can bring in good rental income and increase in value over time.
6. Strategic Location
Turkey’s location is ideal, sitting between Europe and Asia. It’s easy to travel to many countries with just one flight. The country is well-connected by air and sea, making it a strategic place to live or invest.
7. Amazing Climate
Turkey is one of the few countries where you can enjoy all four seasons. The climate is another reason why so many people choose to buy property here.
8. Rich History
Turkey has a rich history with many cultural sites to explore, like Cappadocia, Pamukkale, and the ancient city of Ephesus. Living here means you’re surrounded by history.
9. Delicious Cuisine
If you love food, you’ll enjoy living in Turkey. The country has one of the world’s richest cuisines, with many healthy and tasty options.
10. Friendly and Hospitable People
Turkish people are known for their friendliness and hospitality. Guests are always welcome in Turkish culture, making it easy for foreigners to feel at home.
11. High-Quality Health Services
Turkey has a well-developed healthcare system that is both affordable and efficient. The country offers high-quality medical services, often at a fraction of the cost compared to Europe.
12. Cultural Diversity
Turkey is a diverse country where people of different lifestyles live together peacefully. Whether you prefer a secular lifestyle or a more traditional one, you’ll find a place where you feel comfortable.
Buying real estate in Turkey offers many advantages, whether you’re looking for an investment or a new place to live. At Aegean Locations, we help foreigners find their dream property in Turkey. Visit our website or contact us today to learn more about our services and how we can help you find the perfect home!