There are several reasons why someone might consider buying a house in another country. For some people it may be the weather, while some may prefer the views. In any case, the top five reasons for me will be location, cost, culture, lifestyle and last but not the least investment. Let’s see how Turkey fulfils them:
Turkey is a strategically located country that sits at the crossroads of Europe and Asia. It is famous for its long coastline along the Mediterranean, Aegean, and Black Seas. This means there must be many beachfront properties waiting for you with lots of sand and sunshine.
The cost of living in Turkey is generally lower than in many Western countries, not to mention the Middle east where it soars three times higher. Having lived in the Middle east for fifteen years I can easily say that. Property prices in Turkey can vary widely depending on the location you choose, but in general, it is possible to find good value for money.
Turkey is a country with a rich and diverse culture, with a long history and many interesting cultural and historical sites to visit. You can go hundreds of years back in time by visiting the ancient while enjoying the best of modern living. This country can undoubtedly provide you with a super clean-living experience across all cities.
Turkey has a relaxed and laid-back way of life, and people are known for their hospitality. The country has a warm and sunny climate, with hot summers as well as chilly months with snow covered mountains. This makes it an attractive place to live for those who enjoy outdoor activities like skiing, paragliding, trekking, camping etc.
Buying a property in Turkey can be a good investment opportunity, as the real estate market has been growing tremendously in recent years. Tourism has played a big role in this but another factor that has picked up the property market is education. In the recent years many universities across the country have started their programs in English, which attracts thousands of students from around the world every year. For those who may be planning to send their children for advance studies in near future should definitely consider investing in a home away from home.
I highly recommend researching the legal and regulatory issues involved in buying a property abroad. This may include obtaining permissions for buying a property as a foreign national and understanding the local property tax system. Consider working with a reliable real estate agent or lawyer who is familiar with the local real estate market and can help navigate the process of buying your property.