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How profitable to buy real estate in Turkey

July 6, 2018
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Sometimes the idea arises that it would be nice to have any real estate abroad. It would be nice to settle on the shores of the warm sea in a cozy villa or become the owner of the apartment. And do not immediately throw this idea. In fact, the acquisition of property in some countries can become a very profitable investment of capital. If you look from a geographical point, then Türkiye is washed by 4 seas: Mediterranean, Black, Aegean and Marble. Moreover, the coast of this country UNESCO recognized one of the most environmentally friendly places. It is just perfect for living.

So, when choosing real estate, it is worth paying attention to such a country as Türkiye. Apartments in Turkey are considered very affordable at prices and the distance to the homeland from here is acceptable – by plane only a few hours of flight.

Real estate in Turkey is interested in many investors. It has some advantages over Spain, Italy and Greece. Even the fact that when receiving a visa for entry into Turkey, you will not have to spend precious time and nerves on visiting the embassy is a significant advantage. After all, to receive a visa, it is enough to pay $ 20 in the country. Another aspect is that Turkish real estate is much cheaper than housing in other countries of the Mediterranean. It should be especially noted that in the legislation there are no restrictions on the purchase of property by value or by quantity, you can formalize one individual or legal entity.

By the way, the future buyer from a tourist is practically no different. At the entrance to Turkey, a visa is glued to the passport, which allows you to stay in the country exactly 2 months. But if you have become the owner of an apartment in Turkey, then you have additional rights in this country. For example, the owner and his relatives of the first degree have the opportunity to extend the visa in the local police department for foreign affairs for another year.

You should know that a document that certifies ownership of a property is considered a document is considered a tapu. It contains information about the acquired real estate, about the old and the new owner, and also indicates the acquisition date and there are signatures of authorized persons with seals. The process of registration in Turkey itself is very simple. Later, you need to pay a tax in the amount of 3 % of the value of real estate indicated in the tapu and the costs associated with the conclusion of the transaction, t. e. services of a translator, notary public.

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drivingnewsusa July 6, 2018 July 6, 2018
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