Turkey is one of the world's hottest real estate markets if you are considering purchasing an apartment here. Thousands of foreigners wanting to get their foot on the Turkish property ladder have arrived in Turkey since 2018. Foreign property purchasers are at an all-time high in locations like Istanbul, Antalya, Bodrum, Bursa, Kuşadası, and Fethiye.
Buyers want to maximize their capital appreciation as they would with any other investment but entering a market where you are unfamiliar with the procedure and potential dangers can be intimidating.
So, in this post, we'll summarize the market, respond to frequently asked questions, highlight regions where foreigners are purchasing, define the procedure, and offer some pointers and recommendations for making your property investment profitable for you.
Culturally Diverse Communities
The diversity of nationalities demonstrates the international appeal of Turkish real estate. Iraqis were the most interested, with slightly over 8000 properties sold, although Iranians, Saudis, Russians, Germans, Brits, and European residents were also interested.
Turkey is a huge country that spans Europe and Asia, including the Mediterranean, Aegean, and Black Seas. It is home to a unique mosaic of culture, diversified geography, and dynamic social makeup as a result of its strategic location.
Turkey has always been a desirable place to reside for many foreigners due to its fascinating history, culture, geography, and climate. These factors for living a healthy and happy life are more important than ever in this age of effectively navigating through a worldwide epidemic.
Your Best Bet in Real Estate: Trem Global
As Trem Global, we provide end-to-end solutions that include international real estate investment, immigration, and citizenship legal consulting. Leading investors, family businesses, banks, investment firms, corporations, and private clients all benefit from our team's extensive advisory services. By offering the highest quality service anticipated from a reputable investment business, we give strategic and individualized counsel to understand the needs of our customers. We provide you with the finest solutions based on your investing goals.