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Benefits Of An Istanbul Villa: Why Buy Property In Turkey?

By Author: Alina Abir
Total Articles: 45

Investment by foreigners in Turkey has been well known for decades. It has been on the rise in recent times. There are many types of foreign property owners in Turkey. Holiday home owners need to understand why Turkey is such a popular option. Whether you buy an Istanbul villa or a Bodrum apartment, spending your money on property in Turkey is worth the cash. Create a home away from home for yourself. Property purchased by expats offers a great deal of facilities and amenities and comfort as well. The market is often dipped into by investment buyers, developers and business owners. Retirees need to opt for a simple, cost effective life and good weather and excellent health. For this reason, Turkey is the best choice. The market is often dipped by investment buyers, business and real estate agencies and developers purchasing land or property for renovating, renting or choosing a home to offer for sale.

For those from EU and Gulf States, US and the UK, benefit from inheritance tax and cost of living that is cheaper in Turkey. As an investor, you can benefit from the booming Turkish economy. Regardless of whether you are buying a villa for sale in Istanbul or Fethiye, here are the clear reasons you are a winner.

#1 Best Bang for the Bucks

An EU property owner faces rising costs. Even after purchasing a home for a certain price, you have to consider factors like stamp duty, cost of renovation, survey fees or apartments and houses. In Turkey, one can get value for money. Properties are not just inexpensive, but declining European destinations are another reason expats are choosing to buy a villa in Istanbul for sale or an apartment in Ankara. You can get the best apartments or villas without breaking the bank. Most of the properties are new builds with quality décor and taking the exchange rate into account, foreigners get a lot of value for money, along with the chance to live in iconic, cosmopolitan cities like Istanbul and seashore havens like Bodrum.

#2 Wonderful Climate

Imagine staying in a place where you never have to worry about snow, excessive rain or thunderstorms and get the sun 365 days of the year. Wake up to enticing sunshine and amazing warmth. Turkey has more rain than other places and balmy temperature can be found across the Turkish Riviera and the climate here is one of the reasons why people are choosing to move their lives and homes to Turkey.

#3 Affordable Living Cost

Regardless of whether part of Turkey one is in, the cost of living and maintenance as well as utility bills need to be considered. Consider factors like cheap cost of food, well established transport networks and more. Property needs to be less expensive and affordable, offering disposable money to bring in amazing benefits.
Whether one has expensive taste or budgeted finances, there are so many options to meet lifestyle demands. Decor can be simple and minimalist and costs a fraction of what you would be spending in US and UK.

#5 Quick Access

Transport in Turkey is excellent when it comes to price and reliability. The well established transport networks, busy airports and regular trains between cities like Istanbul, Izmir and Ankara add to the value. Dolmus buses are perfect for local travel, mainstream bus networks are available between towns and taxis are cheap. Air travel is costly and regular in Turkey with airports offering global travel too.

#6 Easy Citizenship and Rules

Just buy a million dollar property here and see how easy it is to get citizenship. As a Turkey property owner, a residence permit is easy to get. Additionally, easy citizenship rules make purchasing a property here simply delightful. Inheritance tax is out in Turkey. You need to leave your property to your family and they don’t have to worry about tax benefits. Additionally, villas and homes in Turkey offer the rights for freehold ownership too.

More About the Author

I am real estate consultant in Turkey, Istanbul at www.investinistanbulrealestate.com , Our range of residential and commercial real estate investment services include villas sale, apartment sale, homes sale in Istanbul, and interior design services Internationally. Get reliable property and houses for sale in Turkey, Istanbul.

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