Buy Property in Turkey With Turkiye Migration
Turkiye Migration has an extensive selection of the latest property in Turkey, including
holiday apartments, houses, villas, bungalows and commercial properties. Whether
you are in the market to buy, rent, sell or invest, our website makes it easy to
find the property of your dreams. We source deals from trusted developers and individual
sellers and provide useful information about buying and relocating to Turkey.
Real Estate For Sale In Turkey: Local Market Characteristics
The Turkish real estate sector has witnessed substantial growth in recent years.
In 2018, foreign investors made a major impact, buying nearly 40,000 properties,
double the number in 2017. The positive trend in Turkey's property market continued
into the next year. The government reduced the property value limit required for
a foreign residence permit from $1,000,000 to $250,000, which helped boost the growth
in property sales in Turkey. According to real estate experts, both luxury and budget
properties are the top investment options in Turkey. The country offers a favourable
investment climate, strong economic growth potential, high-quality construction,
and low property prices and taxes compared to other popular European destinations
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Top Areas to Find Properties for Sale in Turkey
Istanbul sees the highest property sales in Turkey. However, foreign buyers from
the UK, Germany, Finland, India, Pakistan and other nations often choose to invest
in the following Turkish resorts:
- Bodrum
- Side
- Antalya
- Marmaris
- Kemer
- Alanya
- Fethiye
The Turkish real estate market offers a wide variety of properties, including apartments,
penthouses, houses, villas, affordable housing options, newly built developments
and high-end, first-class projects.
Prices of Real Estate in Turkey
Mediterranean coast properties are the most affordable. On the other hand, the Aegean
coast offers expensive accommodation options, with costs sometimes being double
that of similar properties in the Mediterranean.
The average property prices various locations in Turkey vary as follows:
- Alanya - around $600 per square meter
- Antalya - around $770 per square meter
- Istanbul - around $2,660 per square meter
- Fethiye - around $1,200 per square meter
- Bodrum - around $1,500 per square meter
- Izmir - around $850 per square meter
The cost of buying a property in Turkey varies depending on the location and features.
Many Turkish developers offer flexible payment plans, and Turkish banks offer mortgage
options for overseas buyers.
Additionally, the country has favourable property tax policies. Typically, a buyer
can expect to pay around 8-10% of the property price as taxes and duties. The annual
property tax rate ranges from 0.1% to 0.6% of the cadastral value. Overall, Turkey's
cost of taxes and utilities is fairly low compared to other popular destinations.
How Turkiye Migration Can Help You Buy the Best Property In Turkey
Turkish Migration is your ultimate source for real estate in Turkey. With a huge
range of properties, including holiday apartments, houses, villas, bungalows and
commercial spaces, you're sure to find the perfect spot. Our website provides easy
browsing of verified listings from trusted developers and private sellers, making
it easy for you to buy, rent, sell or invest in your dream property. Our knowledgeable
team provides you with valuable information and guidance to ensure a smooth process
of buying property in Turkey. Get access to the latest news and insights on the
Turkish real estate market and easily find your ideal property through our extensive
database with advanced filtering options.
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