If you are looking for good reasons or wondering why buying property in Turkey attracts the interest of many foreigners, then take a seat and sit down because Turkey offers much potential to first-time and repeat buyers of many different nationalities.

10 Reasons to Buy Property in Turkey

1: Excellent Value Per Square Meter

Did you know that it is nearly eight times more expensive to buy a property in London than Istanbul? After economic crises in 2018, prices get even cheaper. Property prices in İstanbul start at 30.000 USD and this gives the mass potential for lucrative long-term investment. Most of time the square meter sales price is only the cost price.

2: Currency Increase

Nowadays 1 USD is almost equal to 6 Turkish Liras, 1 Euro is almost 6.5 Turkish Liras. It means, you can buy more square meters or more central location or more luxury realestates with very less amouts. So it is the best time to get more value with your savings.

3: Government incentives for the foreign investors

Since 1 April 2017, foreigners can buy a property tax free. It means that you can save up to 18% of sales price for yourself. Also foregners does not obligate to pay stamp duty (almost 1% of sales price) for notary sales agreements. And if you buy property at Urban Renovation area no need to pay any title deed fees. You can buy property event not being in Turkey. According to the new law, you can get your title deed by only applying nearest Turkish Embassy.

4: A Diverse Portfolio

The overhaul of the Turkish property market in the last ten years has boosted its portfolio of studios, apartments, and villas to unbelievable sizes. Whether you want a resale home or are interested in off-plan and new construction, the sky is the limit. From beachfront locations to urban living to remote hideaways, you will definitely find what you are looking for.

5. Quality

Many emerging markets have limited infrastructure and this is always a problem that can stunt development. However Turkey has a solid and modern infrastructure that is rapidly growing in line with its economy, tourism and property markets. New developments are very high quality and hi-tech surrounded.

6: Structured Payment Terms

If you want to buy an off-plan or newly constructed home, you can also tap into the structured payment plans ranging from 6 to 60 months. That means in some cases, you have up to five years to pay for your home but can move in and sign for the title deeds before.

7. Low Cost of Living

The cost of living in Turkey is half that of the United States and Britain which explains why many foreign property buyers choose to live in Turkey all year round. Don’t think you have to comprise either because the last ten years has also seen improvements in the infrastructure as well as high street shopping and eating industries. One of the biggest lures is that yearly running costs for a property are incredibly cheap, especially for council tax, water, electric, satellite TV and internet connections.

8: Easy Access

Whether you choose to arrive by air, land or sea, Turkey has an expansive transport network that makes getting to and from your home country easy. Millions have been invested in airports around the country, and airlines like Turkish airlines have frequent flight schedules all year round. During summer, there are regular ferry services to all the Greek Islands, and Turkey has also invested in modernization and upgrades of its highways to make driving here quicker than ever before.

9: The Mass of Interest and Activities

One of the lesser mentioned but still significant reasons to buy property in Turkey is the mass of interests and things to do. In all major cities, residents can tap into the sports, amuzement, cultural and art scenes, while the coastal resorts on the Aegean and Mediterranean have the added benefit of the seaside living, so much of daily life happens in the great outdoors. Skiing centers are popping up all over the country. Also Golf has been a strong market driver in many successful property markets around the world for many years. With golf being so popular around the world many developments are now being constructed around or near golfing facilities. Yachting is another thriving tourist industry – the many small ports and islands make it an ideal destination for boats. Turkey is known for its unique and very diverse natural features. Turquoise water laps the beaches of the Mediterranean and Aegean coasts as they bask in the hot summer sunshine. While the Black Sea coast is far less explored but wetter and richer in vegetation, at the moment this area is largely devoted to agriculture and is rarely explored by tourists. Black sea coast has 50 shades of green, gound of waterfalls and rivers. It is famous with thermal spa, camping, trecking, rafting and other natural sports. Turkey also has lots of historical and sacred places, sites which are very importand history tourism. To know Turkey would take you a lifetime. This is country is so rich in places to go and things for tourists to see – from the hot springs at Pammukele (known as cotton castle) to the magnificent mosques of Istanbul, there is something for everyone.

10: Amazing Climate affected to Culture

We must mention the gorgeous climates. Think summer evenings dining alfresco style and days spent by the poolside. Turkey enjoys a variety of climates, ranging from the temperate climate of the Black Sea region, to the continental climate of the interior, then, to the Mediterranean climate of the Aegean and Mediterranean coastal regions. The coastline touching the four seas that border the country is 8333 km in length. Temperatures range from around 21°C in April to a very hot 31°C in the mid-summer months of July and August. Turkey is a very moderate Muslim country with naturally welcoming and warm people. If you speak to anyone who has been on holiday in Turkey, you will quickly draw a picture of a nation with plenty to offer and a fine tourism industry. Turkey is a lot more than a great place to buy a holiday home in the sun.

Turkey is a very moderate Muslim country with naturally welcoming and warm people. If you speak to anyone who has been on holiday in Turkey, you will quickly draw a picture of a nation with plenty