Advantages of buying an apartment in Türkiye with a small space

Home page  /  Blogs  /  Real Estate Investment articles  /  Advantages of buying an apartment in Türkiye with a small space

Advantages of buying an apartment in Türkiye with a small space

Learn about the advantages of buying small apartments in Türkiye

Advantages of buying an apartment in Türkiye with a small space
07th April 2023
  • 721

It is known that Turkey is considered one of the most important tourist and investment destinations in the world, so buying an apartment in Turkey can be an ideal option for those who want to have comfortable and modern housing in this beautiful country and if you prefer to live in a small space, the advantages of buying an apartment of this size may be better for you, as these apartments include modern designs and an attractive lifestyle, and they will provide you with more security and privacy, so let us explore some of the advantages that will be achieved when buying an apartment small in Turkey.

Real estate residence permit in Turkey: its advantages and benefits

Real estate residence in Turkey is one of the most attractive alternatives for foreigners wishing to move to live in Turkey permanently as it gives the right of residence and easy issuance of visas, and it gives the opportunity to control the property according to your convenience and one of the most important advantages of buying an apartment in Turkey with a small area is obtaining a real estate residence permit in an easy and practical way, as it does not require difficult procedures and also it can be easily renewed for a whole year in an easier way than other residence permits.

This is linked to a series of other benefits that include the freedom to travel and work legally in Turkey, in addition to the possibility for foreign property owners to benefit from Turkish citizenship application programs when investing in real estate worth $400,000.

 

Apartments for sale in Turkey: prices and installments

Individuals can get great deals on apartments available all over the country, especially in cities like Istanbul and Trabzon and in addition, affordable installment options are available for those who prefer to pay in the long term.

It is noted that small apartments receive the most attention from investors, once the purchase decision is made, the person must study his budget so that he can obtain the ideal property according to his needs, and since the costs vary from one city to another, it is important to consider the best cities to buy the property in Turkey and the factors affecting it.

 

Real estate investment in Turkey: opportunities and possibilities

Turkey is characterized by modern means of transportation, international universities and ancient tourist attractions, which makes it an ideal destination for investment and in addition, the sharp decline in the value of the Turkish currency compared to others provides opportunities for profitable investment in various types of real estate.

Moreover, investing in real estate provides some major advantages such as real estate residency and obtaining Turkish citizenship after purchasing a property worth 400,000 USD.

Buying an apartment in Türkiye

The best cities to buy real estate in Turkey: influencing factors

Turkey is one of the countries that attract real estate investors, due to the high value of real estate assets in major cities and if you are looking for an apartment to buy in Turkey, you should know the factors affecting the best cities to buy real estate in Turkey.

Istanbul, Antalya, Bursa and Trabzon are among the best cities with good real estate properties. Istanbul has many different options in different regions, including the most famous neighborhoods and urban areas, while Bursa has a similar strategic location to Istanbul and Antalya stands out with its unique cultural and historical character.

Trabzon is characterized by its attractive location on the coast and easy access to tourist attractions.

 

Advantages of buying a small apartment in Turkey: budget study

For anyone who wants to buy a small apartment in Turkey, the budget must be carefully studied and its compatibility with the purchase requirements must be verified as it is also necessary to consider the maintenance and operation budget and the real estate tax, and the availability of services and facilities in the neighborhood in which the apartment is purchased as determining the budget well contributes to a successful investment and selecting the appropriate apartment for residential or investment needs.

 

Real estate costs in Turkey: comparison with other countries

Many investors see that it is much cheaper compared to other countries in Europe although Turkey is witnessing rapid economic growth, real estate prices are still very reasonable, and this makes buying real estate in Turkey a good investment opportunity.

In addition, the cost of living in Turkey is relatively low compared to European countries, and it is noted that real estate prices in Turkey are very suitable for middle-income investors and therefore, investing in real estate in Turkey is ideal for obtaining high returns in the long term.

 

Papers needed to buy a property in Turkey: Legal procedures

Some official documents must be submitted, such as the commercial registry document, the communication deed, the purchase and sale deed, and the Turkish tax card as they also have to hand over the purchase deed to the concerned local government department to transfer ownership of the property and therefore, buyers must ensure that they obtain all required papers before purchasing any property in Turkey and in general, the use of qualified services for these official papers makes the legal process easier and smoother.

 

Specifications of real estate apartments in Turkey: available options

It is possible to choose an apartment with a small area, and this option includes distinctive features such as security and the desired geographical location, while it is also possible to choose apartments of a larger area when sufficient budget is available, and the specifications of the surrounding area and the available services must also be considered, and the area and design of the apartment must also be viewed as this information helps the person to make the best decision based on his housing or investment requirements.

 

The best times to buy a property in Turkey: reading in timing.

It is not different at all that buying a property in Turkey is a wonderful opportunity for every investor, but the right time is very important, there is a time in the year that is characterized by suitable prices for purchase, which is considered experience and experience in real estate investment, as spring is characterized as one of the best times of the year to buy real estate in turkey as this may be because many people are trying to sell their properties before the start of the summer season, which is the main tourism season in Turkey and on the contrary, winter is the least growth period of the year, and therefore it is an ideal opportunity for anyone who wants to buy a property at a moderate or reasonable price.

 

Cons of buying small apartments in Turkey

Among the most important of these negatives is the limited space of small apartments, as it may include one room with only one bathroom and feel cramped during the hot summers and cold months, and the small space may not be sufficient to protect against external noise and disturbance and in addition, the prices offered for some small apartments may be relatively high, which requires a good estimate of the budget and the search for suitable options that meet the requirements of investors.

 

common questions:

1 - Is it possible to buy an apartment in Turkey?

According to Turkish law, foreigners can easily buy an apartment in Turkey with few and easy restrictions.

 

2 - Is buying an apartment in Turkey a way to obtain residency?

Real estate residency can be obtained by purchasing a residential property with a value of no less than $75,000.



 

Related articles :
The guide of real estate investment in Turkey 2022
Latest updates on Turkish citizenship and real estate residence
Luxury apartments for sale in Istanbul
How to obtain a Turkish passport?
The journey of looking for apartments for sale in Istanbul
Houses for sale in Turkey in installments
Villas for sale in Istanbul
Best offers for apartments for sale in Turkey 2022
How to obtain Turkish citizenship by real estate investment?
Steps to buying an apartment in Istanbul
Tourist Residency and Real Estate Residency in Turkey
The best real estate investment areas in Istanbul
#Binaa_investment    #real_estate   #Turkish_citizenship
#Istanbul_apartments    #real_estate_investment

 

Read also
The best tourism areas in Turkey for the winter of 2023

The best tourism areas in Turkey for the winter of 2023

19th November 2022
  • 1,892

A list of the most important Turkish tourist areas that are worth visiting in the winter

Advantages of buying a property under construction in Turkey

Advantages of buying a property under construction in Turkey

20th November 2022
  • 1,514

Buy a property under construction in Turkey and enjoy these features

tourism