Real Estate In Turkey
Many people are interested in Turkish property. They contact developers and real estate agencies to find a variant in compliance with the financial features and demands. According to the practice, the average price increase is about 100% per year. In this case, your new house could bring you many benefits. Stay Property company is ready to help you find the perfect real estate in Turkey.
Golden Visa Rules In Turkey
It is easier to get a golden visa in Turkey than in other European countries, which is an important reason for foreigners to buy real estate in this State. You need to buy an apartment or villa for 400,000 euros to be eligible for a Golden Visa. According to Turkish laws, it is allowed to buy several objects so that their total value exceeds 400,000 euros.
A golden visa is guaranteed to give a residence permit in Turkey.
What Is Possible To Buy In Turkey
You can purchase the following types of property:
1. Apartments. They are self-contained housing units. They have one or more bedrooms. According to the practice, all new apartments have balconies. In the context of the golden visa program in Turkey, apartments are one type of real estate investment that foreign investors can purchase to be eligible for the program.
2. Villas. A villa is a type of house that is usually larger and more luxurious than a typical single-family home. Villas are often located in upscale neighborhoods or resort areas and may feature amenities such as swimming pools, gardens, and expansive outdoor living spaces. They may also have multiple bedrooms and bathrooms, as well as additional living areas such as a formal dining room or a home theater. In the context of the golden visa program in Turkey, villas are one type of real estate investment that foreign investors can purchase to be eligible for the program.
3. Townhouses. They are generally smaller and less expensive than villas, but may still offer amenities such as a small garden and terrace. Townhouses are popular in urban areas where space is limited. All the necessary social objects of infrastructure are near. It is possible to find townhouses for 2 owners too.
4. Commercial property such as office buildings, retail stores, warehouses, and industrial facilities is necessary for business. These properties are used by companies or investors for the purpose of generating income through renting or leasing space to tenants. Commercial properties may also include land that is zoned for commercial use. The cost of the real estate is often determined by its location, size, and potential for generating income.
If you are going to get one of the objects in Turkey, you have to contact Stay Property specialist. You will get all the necessary information. Moreover, specialists are ready to help you in mortgage getting in a Turkish bank if you don’t have enough money to purchase the object.