Investing in Turkish Real Estate: Why You Should Buy a Home In Turkey

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Are you looking to invest in real estate abroad? If so, Turkey is a great place to consider. From the Mediterranean Sea to the Black Sea, Turkey has stunning scenery and a burgeoning economy. The country offers great opportunities for both investors and people looking for a new home in an exotic location. Here are some of the reasons why you should consider buying a homes in turkey.

Buying Property in Turkey: All You Need to Know | The Get Golden Visa

A Growing Economy

Turkey's economy has been steadily growing over the last decade, making it one of the most attractive countries to invest in real estate. According to World Bank figures, GDP growth was at 4.5% in 2019 and is expected to remain around 3-4% for 2020 despite COVID-19’s effects. With this kind of growth potential, real estate investments are likely to bring substantial returns over time.

Affordable Housing

The cost of housing in Turkey remains relatively low compared with other countries around Europe and Asia, making it an attractive option for those who want to own property without breaking their budget. Property taxes are also low compared with other countries and rental yields can be quite high - up to 8-10%. This makes buying a property in Turkey ideal for those looking for income from renting out their property or as a vacation home.

Beautiful Scenery

Turkey is known for its beautiful beaches, mountains and lakeside towns, making it an ideal place for those looking for an exotic escape or holiday home. There are plenty of affordable properties available along the Turkish Riviera and Istanbul which offer stunning views of the surrounding landscape while still being close enough to all major cities and tourist attractions that they can easily be accessed on foot or by car if needed. Plus, many areas offer excellent amenities such as shopping malls and restaurants that make living there even more enjoyable.

Conclusion:

Investing in Turkish real estate is becoming increasingly popular among foreign buyers due its growing economy, affordable housing prices and beautiful scenery throughout the country. Whether you’re looking for a permanent residence or an investment property that can generate income from rentals, there is something available for everyone in Turkey today – from luxury apartments overlooking the Mediterranean Sea to traditional homes tucked away in rural villages near lakes or mountainsides. No matter what your budget may be, investing in Turkish real estate can provide you with long-term financial gains as well as an opportunity to live out your dream life abroad!

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