شركة المدائن العقارية | al madayen
شركة المدائن العقارية | al madayen
شركة المدائن العقارية | al madayen

Buy a property in Turkey 2024

Buy a property in Turkey Turkish citizenship

Why do you have to buy a property in Turkey ?

Turkey is distinguished by its strategic geographic location, which makes it the connecting node between East and West.

Turkey is located on the Anatolian Peninsula and is surrounded by three vital water bodies: the Mediterranean, the Black Sea and the Aegean Sea. Anatolia is one of the central land locations in the world.  It is the meeting point between three continents: Africa, Asia and Europe.

Why Turkey?

Turkey is characterized by political and economic stability, and the Turkish economy has achieved a qualitative leap and rapid development, as it was ranked as the second fastest growing economy after China.

This is due to the economic reforms undertaken by the Turkish government. It restructured the country’s financial system by developing the work of public banks in Turkey, the development model was followed in the field of exports and low inflation in the markets, in addition to achieving a wide urban renaissance.

The Turkish government has been interested in pursuing an active foreign economic policy, and has prepared regional relations and helped Turkish businessmen to increase economic cooperation with other countries.

It relied on attracting capital from abroad by providing support and great facilities to foreign investors.

The Turkish government has been interested in stimulating investment in the real estate market in Turkey and has enacted special laws for foreign ownership property in Turkey.

The real estate market in Turkey witnessed a large turnout of Arab and foreign investors looking for apartments for sale in Istanbul and villas for sale in Istanbul, in addition to the investors who want to buy property in Turkey to get Turkish citizenship.

tourism in Turkey:

Turkey is one of the best tourist places in the world. It attracts foreign tourists due to the beauty of its nature and its archeological treasures

And foreign tourists visit Turkey to spend their holidays and vacations, and their journey begins with a visit to Istanbul, which is the capital of tourism and includes the most beautiful tourist places in Turkey.

We mention the most prominent tourist attractions of Istanbul: The Bosphorus and the Golden Horn, the Princess Islands, Sultan Ahmed Mosque and Hagia Sophia Museum, the Maiden’s Tower, the Bride’s Hill, Belgrade Forest, and other palaces and archeological museums.

On the other hand, Turkey’s vast geographical area, diverse climate, large population, and strong infrastructure play a key role in providing an investment climate and suitable ingredients for any type of investment.

Here, in this context, we single out talking about real estate investment in Turkey, which is one of the best, safest and most successful types of investments.

The Turkish real estate market is considered one of the most active real estate markets in the world.

property prices in Turkey are very reasonable compared to property prices in other European countries, and provide high annual profit returns.

All these factors encouraged foreign businessmen and investors to head to Turkey. In recent years, foreign investors have focused on the Turkish real estate market

Where high rates of buying apartments in Istanbul were recorded, and Britain and Russia ranked first for the highest purchase rates.

Real estate investment in Turkey:

The real estate market in Turkey provides many opportunities for foreign investors, including:

  • Buying property in Istanbul in under construction project and resale the apartment after the construction works finishing.
  • Looking for apartment in Istanbul for sale ready to move, and rent it
  • Buying hotel apartment in Istanbul
  • Investing in office homes.

Al Madayen Group for real estate investment in Turkey offers the best opportunities within Istanbul compounds.

We have special offers suitable for real estate investment within the best hotel apartments in Istanbul in addition to offices and shops. And if your goal of buying is to obtain Turkish citizenship, we have a lot of options that meet the conditions for granting Turkish citizenship

Buy a property in Turkey Turkish citizenship

Buy a property in Turkey

Turkey has become one of the countries that attract foreign investments. Because of its strategic geographic location, it has many investment opportunities.

Some investors are interested in working in the trade sector.

Others turned to the industrial sector; The Arab investor prefers to invest their money in the real estate market.  Especially in Istanbul properties.

because Istanbul is considered the capital of tourism and economy in Turkey. tourists who used to visit Istanbul, preferred to buy property in Istanbul to spend holidays in apartments or villas they had owned.

Buy a property in Turkey (Istanbul):

When you decide to buy a property in Turkey in Istanbul You have to take several steps to facilitate the purchase process.

We are in Al Madayen Group show you the most important tips that will help you choose the right property.

Important Tips:

Consultation:

A successful buying process begins with the perfect real estate advice, through which the purchase objective (housing, investment) is determined.

The consultant provides you with the available options according to your request and budget that was monitored for buying a property.

The real estate consultancy provides you an overview of the vital and strategic locations in the city and about the best areas for living and others suitable for investment. The choice of good location is one of the most important reasons for making your choice successful.

Strategic location:

If your goal of buying a property in Turkey is to invest, you must choose the property in a new area in process of growing and development.

The prices of properties in new districts are cheap compared to other areas, so you pay less than you would pay in property in other areas.

It also provides you a high profit return after several years, when the area has qualified completely. As for you are looking for apartments for sale in Istanbul for an investment that will return you a monthly profit through rent.

You have to focus on the vital areas, which are closest to universities and shopping malls and where there is rapid transportation like “metro, metro bus”. These factors make your apartment rental opportunities faster and provide a high profit return.

Guaranteed investment:

If you want to make a guaranteed investment, we advise you to buy a home office and shops.

whereas These properties are distinguished by their strategic locations in commercial areas. Which makes it more wanted from the apartments. It provides a high profitable return on a long-term rental contract.

On the other hand, we advise you to buy a hotel apartment in Istanbul, as the hotel apartments system is quick to rent, and most of the construction companies for hotel systems give a rental guarantee for several years with a high profit return.

Residential apartments:

If the goal is to buy apartments in Istanbul for living, we recommend you to choose the location which is away from crowding, central and tourist areas.

We recommend Basaksehir district, which is characterized by its modern urban style and the vastness of its green spaces.

The compounds in it overlook the green valley of Basaksehir, and this area is one of the most vital areas for housing, where universities, hospitals and shopping malls are spread, and it is served by transportation lines that connect it to all areas of Istanbul.

But, if you prefer sea views, you have to buy a property in Turkey (Beylikdüzü), the “Bride of the Sea” which overlooks the Marmara Sea from every direction, and is one of the best residential areas for foreigners and locals in Istanbul. Also, the prices of properties in this area are well thought out and reasonable.

Turkish citizenship:

If you want to Buy a property in Turkey to obtain Turkish citizenship

we advise you to buy a property under construction, this is because one of the conditions for granting Turkish citizenship is that the property is not resold until after three years have passed. In this case, the investor can take advantage of this condition until the construction work is completed, and he resells the property and achieves high profits, ranging between 35-45% of the property value.

If you are interested in buying a property in Turkey, we are in Al Madayen group will present to you more than 200 projects in Istanbul. To start your first step all you have to do is contact us.

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