Can a foreigner buy Turkish real estate?
As part of obtaining a Turkish passport through a real estate investment, foreigners can purchase real estate across Turkey, excluding military areas.
Why are properties so cheap in Turkey?
Since Turkish banks have recently rolled out mortgage programs, the Turkish real estate market is still in its initial phase. Moreover, owing to the Turkish Government’s Citizenship by Investment program, the Turkish real estate market is a relatively economical investment.
Is Turkey good for real estate?
Turkish real estate prices are comparatively cheaper and the market continues to double in value every year. Therefore, investing in Turkish real estate is definitely a profitable choice. Investors can also choose to invest in Turkish luxury real estate on the basis of their requirements.
Where is the best place to purchase property in Turkey?
The Turkish Riviera real estate market is one of the best places where you can invest your foreign capital in the country.
Does buying property in Turkey give you citizenship?
Yes, you can get Turkish citizenship and a Turkish passport for yourself, your spouse, and your children under the age of 18. The criteria for this is purchasing a property for at least $400,000.
How long can you stay in Turkey if you own a property?
A foreigner can stay in Turkey for 90 days within 180 days, regardless of whether they own a property. However, foreigners with a residency permit can stay in Turkey for longer than 90 days.
Can I live in Turkey if I buy a property?
Foreigners who acquire property in Turkey can obtain a residence permit, which can be renewed for specified lengths of time. They also have the opportunity to obtain a residence permit for their families.
