How do you find out the real price of apartments in Turkey?
How do you find out the real price of apartments in Turkey? It is one of the most common questions among foreign investors, especially Arabs, who are looking to buy a property in Turkey for the first time, especially if they do not have the slightest idea about real estate prices as there is also no doubt that there are many factors that determine the price of apartments in general and through our article, we tried to get acquainted with all the details related to the external influences that greatly affect the real price of Turkish real estate continue reading to learn about these factors.
Table of Contents
Influences on the price of apartments in Turkey
There are many influences that determine the price of the apartment and reveal the real price of the apartments in Turkey, the most prominent of which are:
The location of the apartment is in Turkey
In general, the location has a major role in influencing real estate prices in Turkey, as the price of the apartment in Turkey increases as the importance of the location increases and its proximity to the vast transportation networks, public and main roads, huge and famous commercial centers, and public facilities and services, such as: schools, hospitals, and universities and other monuments and areas overlooking the Bosphorus or the famous Sea of Marmara.
Therefore, it is very natural that the apartments located near the public transport links have a higher price than the apartments located in the countryside and suburbs of the city, which are far from the city centers and its services.
The location of the apartment is within the building
You can determine the real price of apartments in Turkey by locating the apartment inside the building as it is known that the price of an apartment in normal buildings within the city is higher than the price of an apartment in buildings located outside the city and in addition to that, the price of the apartment on the first floors is higher than the apartment located on the high floors, in contrast to the apartments that are located inside the high residential complexes or skyscrapers, the price of the property in the high places is higher than the price on the lower floors especially if the complex has a picturesque view.
View of the apartment in Turkey
One of the very important influences that determines the real price of apartments in Turkey, as the larger the view of the apartment and its importance certainly increases, the price of the apartment that overlooks the Bosphorus or the Sea of Marmara will not be equal to one located on the outskirts of the city.
Apartment area in Turkey
The real estate sector in Turkey is distinguished by its diversity and includes a variety of types of apartments, as hotel apartments or studios consisting of one or two rooms as a maximum are cheaper than regular apartments or multi-room triplexes and duplexes so it is very natural that the larger the apartment area, the higher its price.
Interior and exterior finishes
The interior and exterior finishes of the apartment are among the important factors that play an important role in determining the true price of apartments in Turkey, especially if the materials used in cladding the apartment are of high quality, as the higher the quality of the materials, the higher the prices as the prices of apartments located in luxurious buildings, such as modern glass facades or historical monuments, are usually higher than the prices of apartments located in modest buildings.
In addition, the luxurious and varied decorations increase real estate prices in Turkey, in addition to the marble, high-end decorations, modern fixtures, smart appliances, and modern technologies in the apartment.
Is it recommended to buy apartments in Turkey?
Real estate investment in Turkey is generally a profitable investment in the long run, especially since Turkey is one of the most developed and growing cities in several fields and in addition, the Turkish government is working to develop the real estate sector in Turkey to attract the largest possible number of investors and businessmen to start their real estate investment in Turkish apartments and real estate by facilitating the procedures for obtaining real estate residence, Turkish citizenship and Turkish passport.
Investors looking to buy apartments in Turkey can obtain Turkish citizenshipwhen the value of the apartment reaches 400 thousand US dollars, which leads to attracting a lot of capital, especially since Turkey is one of the cities that have strong and attractive ingredients for foreign investors, especially Arabs.
In addition, you can obtain real estate residence by buying a property in Turkey at a value of $75,000 in major states such as Istanbul, so it is certain that buying apartments in Turkey is a right and profitable decision and an irreplaceable investment opportunity.
Buying an apartment in Turkey in residential complexes
There are many advantages that characterize the Turkish apartments that are located within a residential complex, the most prominent of which are:
- Get away from the noise of the city through the isolation of the apartments with walls surrounding the complex, security gates, cameras and security men 24 hours a day.
- The residential complexes are characterized by high-quality architectural designs and luxurious styles so that their residents can live in a safe and comfortable environment.
- There are car parks designated only for the residents of the apartment complex.
- Most of the residential complexes are located near public facilities and services that people need.
- Abundance of local schools, universities, hospitals, clinics and pharmacies.
- Residential complexes are characterized by the presence of distinctive and famous cafes, restaurants, and shopping malls.
- Maintaining privacy and independence, as no one can access it without prior permission.
- The presence of many recreational services, including indoor and outdoor swimming pools, saunas, modern sports halls, and private gardens in the complex.
Buying an apartment in Turkey suitable for nationality
In the event that you are looking to buy an apartment in Turkey with the aim of obtaining Turkish citizenship, the apartment must be in accordance with the Turkish Naturalization Law, as the law stipulates that the value of the property must be 400 thousand US dollars as a minimum, and that the investor undertakes after selling it for a period of three years , so that he can obtain citizenship in accordance with the law.
The idea of buying real estate in Turkey has become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.
Do not forget that investing inreal estate in Turkey is only a way to gainTurkish citizenship or real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.
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