Which sectors to invest in Turkey? Instead of consuming the already existing income, many foreign investors prefer to set it aside for investment in order to increase their income. The investments that one makes to double one's income, sometimes pay off with a very high rate of profit. A good investment is one that brings the greatest possible profit to the investor. To make a good investment, you must first know the sectors. With its still developing economy, Turkey is an irrevocable source for foreign investors. We share detailed information about one of the sectors to invest in Turkey below. More information in the description below.
Real estate investing is the easiest and most profitable investment instrument in Turkey over the long term. With a rate of 150%, real estate is the most profitable of all investment instruments in Turkey. Turkey tops the list for foreign investment, with cities like Istanbul, Bursa, Antalya, and Bodrum being the most in demand. The increase in the value of real estate, as a result of the strengthening of the real estate sector over the years, guarantees the investor the return on investment of real estate investments made in Turkey. Cost of life
The cost of living in Turkey is on average -50% lower than in European countries... and real estate prices are generally very lower (- 30% - 50%) compared to European prices
Why invest in Turkey ???
More and more of you are considering buying real estate in Turkey, usually after visiting this sunny country. Most of the tourists are not indifferent to the hospitality and the dream climatic conditions. A large number of them are looking for a nice apartment or a villa by the sea where they can spend more or less short vacations several times a year. For some people the ultimate goal of buying a property is to make it their permanent residence, others rightly see Turkish real estate as a profitable investment and plan to rent out their property or consider renting it out. resale and thus profit and the price difference.
Turkey offers a wide variety of real estate at really attractive prices, sometimes without competition. Simple and affordable studios, as well as luxury penthouses and villas with sea views can be found here. Foreigners are mainly attracted to touristy coastal towns.
The process of buying property and transferring property is very simple and transparent. The main document certifying the property rights, TAPU, the obtaining of this TAPU requires only a short time. This official document is registered at the Departmental and Regional Cadastre office. The entire procedure is strictly controlled. A single register exists for all real estate, which eliminates any risk for the buyer.
The cost of living is undoubtedly among the most attractive of all the developing countries. Fresh fruits and vegetables which are exported all over the world for their quality are accessible to the smallest of Turkish family budgets. Suppliers from all over the world come here to provide for their customers in virtually everything that is sold in supermarkets in Europe. Stylish and high quality decoration, equipment and other home textiles at unrivaled prices will give free rein. runs to your desires. An increasing number of visitors are coming to Turkey to purchase local jewelry, leather and fur. The prices of most products and services are much cheaper than in Europe or the United States.
Turkey is therefore an attractive country for a large number of foreigners. This ensures the strong demand for rental and purchase of buildings or other real estate, thus creating a favorable ground for investment. The share of investment in real estate represents 12-15% of total foreign investment in Turkey.
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All data mentioned in TAPU.
1.Address of the land district where the real estate is located
2.Passport-format photo (2 coloured photos are needed for the registration)
3.Information on land property registration within the Cadastre Directorate
4.State of the land property (from Cadastre Directorate information)
5.Measurements of the land property that belongs to the new owner (in proportion to measurements of the purchased real estate)
6.State of the real estate that belongs to the new owner (ownership type)
7.Cost of the purchased real estate
8.Information on the previous owner (-s)
9.Information on the new owner (-s)
10.Date of the real estate acquisition by the previous owner
11.TAPU number at registration of the previous owner (changed at each ownership right transfer)
12.Registration data of the new TAPU document
13.Date of real estate acquisition by the new owner
14.Signature of an authorised person and stamp of the Cadastre Directorate