Real estate in Turkey: pros and cons
Türkiye is a sunny and hospitable country, famous for its affordable prices. This applies not only to recreation and entertainment, but also to real estate. The cost is significantly lower than in European countries. However, Turkey has its own rules, the mentality of the population is different from other countries. Let's take a closer look at all the pros and cons of buying real estate in Turkey.
Administrative factors
Comfortable conditions have been created for residents of Kazakhstan, Russia and Ukraine - visa-free entry for one visit for 30, 60 and 90 days. Violation of the visa regime entails penalties.
Among the main advantages are:
- speed of obtaining a residence permit (issued immediately after purchase for a year, after which it is extended);
- simplicity of conditions for the purchase of real estate by foreigners;
- low taxes.
The disadvantages are minor:
- wasting time collecting documents for obtaining a residence permit and obtaining Turkish citizenship;
- lack of opportunity to become owners of objects located on the Black Sea coast.
Economic forces
The main advantages include:
- proper operation of housing and communal services (utilities). Autonomous water supply and the use of sun-heated tanks can reduce energy costs;
- development of resort and entertainment infrastructure;
- accessible public transport;
- trade (Alanya has all the conditions and opportunities for doing business)
- favorable rates.
The main disadvantage is the high prices for gasoline, personal cars, household appliances and some food products (for example, beef).
Human factors
The attitude towards foreigners in Turkey is friendly, because the Turks are a peace-loving and hospitable people. They treat all elders with respect - they give up their seat in transport, do not challenge their opinions and do not raise their voices during a conversation. The state is doing everything possible to ensure that foreigners know the Turkish language. In large cities (for example, Istanbul), free courses for learning Turkish are organized. Religion in Turkey is legally separated from the state. Every resident can profess any religion, with more than 97% being Muslims.
Buying real estate in Turkey is a good idea, which was followed by several thousand residents of the CIS countries. To avoid a number of problems, it is recommended to study the terms of the transaction in detail and learn from the experience of people who previously bought a house in Alanya.
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