İs it cheap in Turkey to buy things? – When it comes to a decision as big as buying a house, investors often find themselves thinking over questions such as “is it cheap in Turkey to buy a house?” Well, one quick -and true- the answer is: yes, it is. Let’s talk about some of the concerns you may have in mind about buying a house in Turkey, and you’ll see for yourself if “is it cheap in Turkey?”
Things you need to know about before buying a property in Turkey
Just like any other investment tool, purchasing a property, too, requires a great deal of knowledge and local expertise. Knowing about the most popular property types can come in handy. Luxurious projects are getting the most hype as they offer modern living spaces and great amenities.
İs it cheap in Turkey to buy things? – On the other hand, villas are other property types that are worthy of your money. Knowing about places promising a profitable future and newly developed urban projects can affect your investment decisions, too. Many investors wonder, is it cheap in Turkey to buy a house? The answer is most commonly yes as this country has made a name for itself by being one of the cheapest yet profitable investment locations globally.
İs it cheap in Turkey to buy things? – But to give an exact answer, you need to do comprehensive research centering around individual investment spots, compare property options, and most importantly, benefit from the guidance of industry experts. You can keep up with the government projects planned in certain locations to make the best decision. One great example of that is the mega project called Istanbul Canal as it is foreseen to dramatically reshape the real estate industry in the country.
Which places are the best for investing in Turkey?
İs it cheap in Turkey to buy things? – Turkey is brimming with investment zones that are known for gaining great income and guaranteeing a better future. Istanbul is the leading city in terms of having great potential with many areas offering quality properties. However, some districts outshine others in terms of financial potential and quality housing. While the good old spots like Kadıköy, Beşiktaş, and Şişli are and always have been more valuable in the eyes of the investors due to the high rental price per square meter, other districts are getting hype.
If you’re looking for an answer to your question ‘Is it cheap in Turkey to buy a house?’, you might say yes after you evaluate certain districts. Esenyurt and Beylikdüzü are prime examples of newly developed and cheaper investment centers with foreign buyers mostly opting for these places whether to invest or live in.
İs it cheap in Turkey to buy things? – Other cities that investors are betting on to reach their investment goals can be listed as Antalya, Ankara, Yalova, and Bodrum. While Ankara is the capital of the country, Yalova attracts attention with its proximity to the industrial zones, and Bodrum and Antalya are two major tourist attraction centers in the country, luring foreign investors from all over the world.
How much accumulation do you need for buying property in Turkey, and is it cheap in Turkey to buy a house?
If you consider acquiring citizenship through investment, you’re gonna need to pay at least $250,000 for a house in Turkey. However, if you don’t have such a plan, you can find luxurious properties with prices starting from figures as reasonable as $36,000 – is it cheap in Turkey yet? Positive!
İs it cheap in Turkey to buy things? – Only for a couple of thousand dollars, Turkey grants the chance to own a top-notch house found nowhere else in the world for such prices. However, the real estate and investment consultants agree that spending $250,000 and acquiring citizenship is a better investment plan. And for this price, you will own one of the most luxurious houses in the country with so much to offer.
Where to find cheap properties in Turkey?
İs it cheap in Turkey to buy things? – Investors often ask: is it cheap in Turkey to buy a house? While Istanbul is the number one city among investors, one cannot deny that it is a little more expensive to invest in this city compared to other areas in Turkey. However, suburban districts such as Çatalca grant more convenient properties in terms of finance.
The Istanbul Canal route can also be chosen for cheaper alternatives. Yet, cities like Trabzon and Yalova are now renowned for the cheap properties found in Turkey. You can opt for cities that don’t have such big names but are still promising great potential, such as Bursa. However, Istanbul stands as the most profitable city to invest in, and we recommend you own a property in this city to guarantee a rewarding future. You can also find properties & real estate all around in Turkey thanks to Realistaturkey.
Searching for an answer to your question “Is it cheap in Turkey to buy a house?” with Realista
İs it cheap in Turkey to buy things? – Realista Turkey is the leading real estate company in Turkey thanks to the many housing options covered in its portfolio. We aim to unite you with high-quality properties and help you make the best decision during the purchase process. To ease your concerns regarding the question “is it cheap in Turkey to buy a house?”, we can comfortably say that we offer the most reasonable prices while not compromising on quality.
Contact us today to buy a home and inform you about all the prices and processes. We embrace the mindset of a customer-oriented approach and guarantee successful results for each investor.
Legal fees & price negotiation
İs it cheap in Turkey to buy things? – Naturally, there will be some expenses occurring during and after the purchase process, such as the title deed tax, notary and translator fees, and land registry fees, particularly if you are considering acquiring Turkish citizenship by benefiting from the government program. But even these come with low figures to bear as an expense, and you will not change your mind on the question “Is it cheap in Turkey to buy a house?”.
In addition, you can negotiate over the property prices with homeowners -it is totally acceptable and indeed a common practice in every industry in the country. You can always consult us, too, to learn more about the fees you need to pay for in the path to a rewarding investment and a quality house.