Real estate in Turkey: where and why foreigners buy housing.
The number of transactions for the sale of real estate in Turkey to foreigners is growing every year. Foreign citizens are attracted by the steadily growing economy and developed infrastructure of the country, affordable medicine, and a warm climate. An important advantage of purchasing Turkish housing is the quick receipt of a residence permit.
According to customer reviews, the purchase procedure takes up to 5 working days. The cadastre department of the city municipality immediately issues a certificate of ownership.
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Where and for what can I buy real estate in Turkey?
On the seashore, residential property is bought in order to relax comfortably at any time. Since January 2017, it is difficult to rent a daily apartment due to the ban on the provision of short-term rental services by individuals and licensing of this type of activity. The demand for private Turkish apartments has increased. The most popular resort cities are: Alanya, Antalya, Kemer, Yalova, Bodrum, Fethiye.
Houses by the sea are an excellent investment object. During the season, they earn up to 10% of the cost of the apartment on rent. Most foreigners invest in comfort-class apartments, some in penthouses on the first line. The lowest price is for apartments in a hotel—type complex.
People who are planning to move choose Istanbul, Ankara, Izmir for permanent residence. It is easy to find high-paying jobs and reputable universities in these cities.
Features of Turkish houses, villas.
Most of the houses in which the premises are sold to foreigners are not older than 10 years. Since 2017, the country has banned the construction of houses with apartments with an area of up to 28 square meters. meters. Mini-apartments can now be found only on the secondary market. Since the same year, studios without an isolated bedroom have not been built.
Even in new buildings with cheap apartments (from 35 thousand euros) there is a separate infrastructure: swimming pool, hammam, gym. Such services are not a luxury, but the norm for this country.
Central heating is available only in some cities. In the rest of the territory in winter, the premises are heated by air conditioners, a underfloor heating system is installed.
Many of those who are interested in real estate in Turkey are unaccustomed to the local designation of the number of rooms. The formula is as follows: the number of bedrooms plus the number of living rooms:
one-room studio apartments (1+;
two-room (1+1);
spacious family (2+1);
budget and luxury villas (3+2, 4+2).
More than 95% of apartments in apartment buildings have balconies or terraces. A significant part of three-bedroom apartments has a duplex type layout (two levels). Duplexes occupy the first and last floors of new buildings. High duplex penthouses are equipped with a barbecue area (a terrace with a barbecue oven). The lower duplexes have a separate exit to a small private garden.