Towers located in the heart of New Istanbul with a large shopping mall within and five star facilities now offering assured rental income for those who are looking to invest. One bedroom apartments offer 8% rental assurance scheme. Contact us for details.
Located only 20 minutes drive from Dalaman airport, we are proud to offer you Gocek Hill luxury villas. Villas and the complex is completed in 2012 to high standard featuring private garden and pool as well as perfect views over Gocek bay.
Traditionally many investors and buyers have bought property mainly in European countries such as Spain, France, Italy and Cyprus, as well as famous US destinations like Florida . However, these places have recently become extremely expensive and burst buble after the world crisis. Since 2008 many buyers changed their focus to alternative overseas destinations where Turkey has been leading with strong and stable economy as well as offering ideal climate for all year around living. Buyers enjoyed healthy returns on their investments.
If you prefer to buy a property at a very reasonable price, which you can use yourself for regular holidays and that you can also rent out to get some income, in the mean time have great capital appreciation in a country where the summer is nice and long, stretching from March to November, and there are many tourism attractions, then Turkey is the most appropriate destination for you.
Turkey, where two continents - Europe and Asia- meet, is a wonderful country which is surrounded by the Aegean sea, the Black sea, the Mediterranean sea and the Marmara sea, has very nice coastal and city locations such as Istanbul, Bursa, Sapanca, Yalova, Cesme, Kusadasi, Bodrum, Marmaris, Datca, Fethiye, Kas, Kalkan, Antalya, Side, Alanya, Gocek and many more. Its land has been the cradle of the oldest civilisations and religions. Furthermore, life in Turkey is easy and Turkey is one of the few OECD countries with low prices. Turkish people are warm and hospitable to all foreigners. You can find a very wide range of delicious food and Turkish cuisine is one of the oldest and richest cuisines in the world. The sun, lovely nature, nice beaches, exciting outdoor and entertainment activities, winter sports (in inner parts in winter time), skiing, water, mountain sports, big modern shopping malls, and lots of sightseeing and historical places are all appealing features of Turkey.
In this regard, buying a property in Turkey can really lead to substantial amount of gain, if an appropriate decision is made. Since property prices are steadily going upwards, there will be a significant difference between the acquisition cost and the money you will get when you sell it. Moreover, your property is likely to amortise its acquisition cost within at most 8-to-12 years if it is rented out properly. Charging comparatively low taxes on property is another advantage of the Turkish property market. As a result, the interest of foreigners in buying a property in Turkey has been growing. They buy real estate for either investment or residential purposes. There are very quiet, environmentally very clean, secure and cheap places for old people to live whereas there are very good job/business opportunities for qualified people who would like to work or to establish their own enterprise.
According to the law on property purchase by foreigners in Turkey enacted on January 7, 2006, foreign nationals (real persons) are able to acquire real estate in Turkey on the conditions of being reciprocal and complying with legal restrictions. In the implementation of the reciprocity principle, it is essential that real estate acquisition rights given by a foreign country to its own citizens and to commercial companies established in foreign countries according to the laws of these countries are also given to the citizens and commercial companies of the Republic of Turkey. In this context, there exists reciprocity between the United Kingdom and the Republic of Turkey regarding real estate acquisition.
Companies can freely acquire real estate or limited rights through a legal entity established or participated in Turkey by foreign investors provided that such acquisitions are permitted for Turkish citizens.
The Constitution, the relevant provisions of the Civil Code, the Title Deeds Act, the Foreign Direct Investment Law (Please look at investment pages for the full text of the law.) and the relevant legislation form the legal framework enables foreign people or corporate entities to buy real estate in Turkey.
According to the legal framework mentioned above, both Turkish citizens and foreign owners have equal property-ownership rights.
If you feel you require further information please do not hesitate to contact us.
myvillaturkey.com is the largest independent real estate agent based in Istanbul Turkey offering property for sale in Turkey to foreign nationals and has been operating since 2003 finding buyers the best suitable property for the best possible price. MORE
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Many of you might have a lot of questions in your minds about purchasing a property in Turkey. We appreciate the fact that you are not familiar with the law, local rules and regulations and the difficulties of communicating with the local people due to the language barrier. MORE