Turkey is one of the most democratic countries in Europe, interested in direct investments in the real estate market, with a strategic geographical location: a bridge from west to east and from south to north, access to 4 seas provides the country with direct access to the largest markets without additional costs. From anywhere in the world, the country can be reached in just a few hours. Highly developed air travel service: the Turkish airline "Turkish Airlines" in 2016 is recognized as the best airline in Europe.
A visa is not needed to visit the country.
The capital is Ankara. The main cities and resorts are Istanbul, Antalya, Alanya, Bodrum, Izmir. During the last months of 2017, the number of deals on acquisition of real estate by foreigners increased by 13% (former CIS countries, Iran, UAE).
The currency of Turkey is a Turkish lira, but almost everywhere you can pay the euro and dollars.
1. Stable economy
According to the survey "World Investment Prospects Survey», Turkey in 2016 took 21 th place in the ranking of the most attractive for foreign direct investment countries. The country's economy is the 16th largest economy in the world. Turkey settled for the debts of the IMF. The annual GDP growth for the last 5 years is 3-5%.
2. A transaction that is not subject to disclosure
Buying an apartment in Turkey is a deal that can not be divulged. As long as Europe is more "tightening the screws" to foreigners, Turkey is doing everything to the citizens of other states on the territory of the republic lived cozy and comfortable. Turkey does not require real estate buyers to "disclose" income articles. The State does not matter where you have the means to buy an apartment: whether to sell real estate at home, earned or inherited. And does not matter, how much you are going to spend: whether it is 50 thousand or millions of euros. Turkey does not require foreigners to disclose information about buying an apartment. Moreover, according to the law, the Turks do not provide information about the owners of real estate on the territory of their country. Get information about the owner of the property can neither individuals nor public authorities of other countries. All data is stored in the cadastral chamber (TAPU), and neither the name and surname, date of birth, nor nationality of the buyer are subject to disclosure.
3. Ideal value for money
Low cost and excellent infrastructure of residential complexes (swimming pools, hammam, sauna, gym, tennis courts, and many other areas for recreation and entertainment), proximity to the sea, species characteristics. The cost of the property from 30 000 - 35.000 euros. All apartments are commissioned with finishing and high-quality repairs. Very flexible price policy due to the recent political events provide an excellent opportunity to buy apartments on the beach below their actual market value, relying on the price increase of 20-30% over the next 5 years.
4. Low cost of registration of the transaction and the property maintenance
Taxes and annual expenses for the maintenance of real estate in Turkey are much lower than in Europe. Maintenance of the complex (aydat) - from 5 to 70 euros per month (an average of 30-45 euros for complexes with hotel infrastructure). Regular tax breaks: since March 2017, the tax on the registration of ownership of the property (TAPU) has been reduced from 4 to 3% of the cadastral value of housing (the benefit is valid until September 30, 2017); April 1, 2017 was canceled VAT on the purchase of real estate. The annual tax on real estate is no more than 100-150 Turkish liras.
5. Flexible system of settlements
Many construction companies provide interest-free installments. Turkish banks offer mortgages to foreigners under 7-8% per annum, registration procedure is simple and takes only 4-5 days.
6. Mild migration policy
Absence of a visa regime. When buying a home, property owners and their family members may obtain a residence permit for 1-2 years with a possible extension after 5 years with the possibility of obtaining citizenship.
7. Amazing climate
In Turkey, the Mediterranean mild climate, 300 sunny days a year and even in the winter months +15ºC, 60 km of beaches marked by the international Blue Flag for its cleanliness.