Recently, Turkey has become one of the most popular tourist destinations. Here, travelers are attracted by absolutely everything: rich culture, sights that are abundantly located on the territory of the country, oriental atmosphere, national cuisine and, of course, the mild Mediterranean climate.
However, Turkey attracts not only tourists with its wealth, but also far-sighted investors. Financial investments in Turkish resort real estate are considered one of the most profitable types of capital investment. Such popularity of residential and commercial real estate can be explained by the beautiful landscapes of the European coast, mild winters and long summers, which reign in the country for almost 300 days a year.
Why is it profitable to buy real estate in Turkey
Real estate experts argue that investing in residential and commercial real estate in Turkey has not one, but many advantages at once:
- Mediterranean climate that attracts thousands of tourists at any time of the year.
- Excellent ecological situation: forests, mountains and fresh air.
- Sandy beaches are clean, for which they received the International Blue Flag.
- Developed urban infrastructure that allows you to live in comfort.
- The Turkish real estate market offers affordable prices compared to other countries.
- The average annual growth in the cost of housing reaches 15%, which makes the investment profitable. At the same time, for new objects by the time of delivery, the price increases up to 50%.
- Possibility of renting out real estate.
- Inexpensive property maintenance. Purchase tax is 4% of the purchase price.
- Loyal attitude to foreign investment: citizens of other countries have equal purchase rights with residents of Turkey.
- Simple registration of real estate in ownership.
- Possibility of purchasing housing on credit with fairly low interest rates.
- Relatively low prices for everyday goods.
- Owning real estate gives you the right to obtain a residence permit.
- Quite low rate of crime and corruption in the country. Thus, becoming an owner of a home on the Mediterranean coast, you can get a truly paradise life thanks to the excellent ecology, resort climate and affordable products.
