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Why is it profitable to invest in Turkish real estate?
2023-05-24
1270 views
Today we will talk about the main advantages of buying real estate in Turkey.
Fast growing market
Turkey is one of the fastest developing countries in the region, which leads to an increase in demand for real estate. According to the latest report from the Central Bank of Turkey, house prices rose by 153% in January 2023.
High level of profitability
Purchasing a property is a profitable investment, as it can be sold at a higher price or receive a stable rental income.
Comfortable taxation system
The acquisition of real estate in Turkey is associated with the payment of several types of taxes:
• The purchase and sale tax is 4% of the property value.
• Real estate tax depends on the cadastral value of the property and ranges between 0.6% and 0.1%.
• Income tax is paid on the property disposition and ranges from 15% to 35% of income.
Tax rates may vary depending on the region, but in general, the tax policy in Turkey is quite loyal.
Low property prices
The cost of real estate in Turkey is relatively low compared to European countries, which makes it more affordable for investors.
High level of tourism development
The country is one of the most popular tourist destinations in the world and has a developed infrastructure.
Citizenship By Investments Program
Turkey offers a Citizenship By Investment Program that allows you to get a passport when investing in real estate from $400,000.
We will help you get a second citizenship
We develop individual solutions to remove visa restrictions, create an alternate airfield, optimize taxes in a foreign jurisdiction, and also accompany the immigration process.
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Citizenship programs
Grenada citizenship program
from $235,000
6-8 months
Obtaining Grenadian Citizenship by investment program grants the right to live and work in Grenada at all times, the right to vote in elections and all rights associated with membership of the Caribbean Community (CARICOM).
Learn more
Turkey citizenship program
from $400,000
4-6 months
Cosmopolitans can get a second citizenship for investing in the country's economy from $400,000. There are five options to choose from: buying real estate, investment fund shares or government bonds, participating in the fixed capital of a Turkish company, opening a deposit in a Turkish bank.
Learn more
UAE Residence Program
from $5,000
2+ weeks
Majestic skyscrapers, luxury hotels and shops, beaches and summer all year round. Building a business career in the UAE is prestigious.
Learn more
Discover new opportunities
For more information, the cost of services and an appointment for a personal consultation, please contact the company's representatives
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