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law through real estate ownership
In 2018 alone, foreigners bought 40,000 homes in Turkey, which goes to show how thriving Turkey property market is booming. Besides, buyers don’t seem to be slowing down anytime soon because the same buying trend is continuing in 2019. Foreign property owners can also get Turkish citizenship by investment.
In case you are wondering why the sudden increases, it could be because of the current exchange rate which has been found to favor buyers as well as the ease with which Turkey has made it for people to venture into Turkey real estate market, which is also benefitting Turkish real estate companies and anyone who is a real estate agent in Turkey.
Our blog articles cover most of the things you would love to know about buying a property in Turkey or other hot spots like Istanbul, Bursa, Antalya, Izmir, Fethiye, and Yalova. Furthermore, we will put you through the buying process so that your search will be a fruitful one. But before checking out real estate companies in Turkey to buy a property, you should know the rules and regulations of Turkey as it regards the housing sector.
Foreigners can now enjoy buying a property in Turkey since the new rule allows them to buy up to 30,000 Sqm unlike in the past where this was not possible. In addition, they can buy properties in an official district surface area of up to 10% except within the military zone.
This is great news for those looking to venture into Istanbul real estate market or seek out an Istanbul real estate agency.
Before now, the reciprocal law did not allow foreigners buy properties in Turkey, but it has been repelled allowing Americans, Europeans, Chinese, Russians, Middle Easterners, and Indians to own properties.
With the increased interest in Turkey, with particular interest in house prices in Istanbul or Istanbul property prices, the safest way to buy a property is to use a registered estate agent or company. You can find out house prices in turkey, but before parting with your money;
We understand all this and have simplified everything for you.
Contact us and will be more than willing to answer any question you may have about buying a property in Turkey.
Istanbul is a city of fantastic history, culture and beauty, and living here is the dream of many! A list of its points of interest would be long enough to pen down together. If you are looking for the best possible deal to make this dream come true, Damas Turk Real Estate will help you meet all your requirements!
The territory of modern Turkey is the cradle of different civilizations. Every year Istanbul welcomes millions of people to find the ideal property in Istanbul and other parts of Turkey. From breathable apartments to beautiful villas and luxurious flat in Istanbul, we offer a list of highly sought after residences and projects in the fast developing suburbs.
Istanbul is, without a doubt, a star performer of the turkey’s real estate market! Apart from the fact that most of the well-managed and luxury residences are built in high-rise tower complexes with shopping malls, restaurants and other facilities all under one roof, there are several reasons why investors are lured to invest in Istanbul luxury real estate. You may also consider buying a villa in Istanbul.
Not to forget, Istanbul also ranks as the number one city for capital growth potential and has new branded lifestyle projects that edge everything to a buyers advantage.
What are you waiting for? Check out the list of luxury property in Turkey to find your ideal real estate, taking into consideration your budget and personal lifestyle requirements.
Request a free consultation from one of our expert agent today!