Many investors are looking for a safe and successful place to invest in real estate, and there is no doubt that Turkey is an ideal destination for that, as it provides you with the opportunity to obtain Turkish citizenship by purchasing real estate with the guarantee of the Turkish government, and this makes it a desirable option for many, through our article you will find more Information about this ideal option for investment in Turkey, continue reading to learn more information and details.

Advantages of buying apartments in Turkey with the guarantee of the Turkish government

1. When buying apartments with the guarantee of the Turkish government, this means that the government supervises the entire real estate project, starting with securing the land on which the project will be built, providing building materials, and providing all necessary facilities such as schools, universities and hospitals.

2. Buying apartments with the guarantee of the Turkish government is considered a partnership between the government sector and the private sector, where the government sector supervises the real estate project, secures the materials necessary for construction, and verifies that the real estate specifications are matched according to the executive plans.

3. The Turkish government follows up the implementation of all the detailed stages of the real estate projects in which it participates, and follows up the legal procedures since the beginning of the establishment of the project to ensure the rights and duties of all parties involved in the implementation of the real estate project.

4. The Turkish government is also interested in following up the marketing plan for real estate related to the real estate project in a fair manner and far from brokerage, to ensure that no real estate fraud occurs, and the sale of these properties takes place through official contracts certified by the notary public and these contracts are translated into Turkish by a sworn translator, and the translated copies of the contracts are certified to guarantee the rights of the foreign investor.

5. The initial payments are transferred from the price of the property to the government bank accounts, and this gives the foreign investor a sense of security and confidence.

6. The cash payments will not be transferred to the engineering companies until after the completion of the construction of the residential project in full.

7. The cash payments made by the buyers are transferred to the real estate companies in installments until the price of the property is paid.

8. The high level of technical specifications of the real estate in the project.

9. Protecting the residential real estate project from risks, such as bankruptcy, and eliminating any future concerns regarding the delivery of real estate and its compliance with specified specifications, as well as providing security from any potential risks in the final stages of the project.

10. Real estate prices in joint residential projects between the public and private sectors are acceptable and well-thought-out.

The reasons for the rush of foreigners to buy apartments in Turkey

1. Turkey offers generous programs for obtaining Turkish citizenship through real estate investment and this means that foreigners who buy a property worth 400 thousand US dollars can obtain Turkish citizenship and benefit from the benefits of Turkish passport holders

2. The Turkish economy has witnessed strong growth and relative stability in recent years, which means that investing in real estate in Turkey is a good opportunity to obtain a good financial return in the long term.

3. Turkey provides affordable real estate compared to many other countries, foreigners can buy apartments and houses at lower prices for a good value, which contributes to attracting investors.

4. The country is rich in cultural and historical heritage, which attracts tourists and foreign investors who want to enjoy the country's beauty and learn about its ancient history.

5. It occupies a strategic location between Asia and Europe, which enhances interest in investing in it and many Turkish cities have a good presence of airports and developed infrastructure, which makes them an ideal destination for living and investment.

6. Benefit from the law of obtaining real estate residence by buying an apartment in Turkey at a value of $75,000 and giving it to your wife and children under 18 years old.

7. Reaping huge and tempting returns by buying a property in Turkey and renting it to tourists and visitors during the tourism seasons.

8. Turkey includes a variety of real estate types, including: studio apartments, penthouse apartments, triplex apartments, duplexes, studio apartments, and hotel apartments.

9. The country is characterized by the presence of many schools, universities, and hospitals, in addition to the presence of large malls and commercial centers.

10. It includes many tourist places, monuments, museums and historical areas.

11. You can buy an apartment in Turkey in installments and distribute your payments over time periods agreed upon by the investor and the seller.

12. Benefit from the tax incentives offered by the Turkish government to those wishing to invest in real estate in Turkey.

13. The Turkish environment is characterized by the similarity with the customs and traditions of the Arabs, which made it a destination for Arab investors wishing to invest in real estate in the real estate sector in Turkey.

14. It includes various types of transportation, including: dolmus, metrobus, ferries, and tramways.

15. Living in Turkey is cheap compared to other European countries.

Factors affecting the prices of apartments in Turkey

1. The location of the apartment is one of the most important factors affecting the prices of apartments in Turkey and apartments in major urban and central areas are often more expensive than those in suburban or rural areas.

2. The size and design of the apartment also affects its price and apartments with large areas and luxurious designs are usually more expensive than apartments with small or simple designs.

3. The condition of the property itself plays a role in determining its price and new and modern real estate is usually more expensive than old or needing renovation.

4. The strength of demand for real estate in a particular area and its availability affect the prices of apartments and if there is strong demand for apartments in a specific area and supply is limited, prices are likely to be high.

5. Changes in the economy and politics can affect real estate prices, the deterioration of the economy or the occurrence of unstable political events may lead to lower prices, while economic and political stability may lead to higher prices.

6. The presence of facilities and services such as schools, universities, hospitals, commercial centers and means of transportation.

Common questions

What does it mean to buy apartments with the guarantee of the Turkish government?

It means that the Turkish government is supervising the real estate project and ensuring the availability of the necessary materials and facilities and compliance with the specifications.

What are the benefits of buying apartments with the guarantee of the Turkish government?

Benefits include reliable build quality and design, protection from financial and legal risks, and facilities in obtaining Turkish citizenship.

How are the financial payments secured when buying apartments?

Payments are deposited into government bank accounts, which gives a sense of security and confidence to the foreign investor.

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