Where To Buy an Apartment in Turkey, For Citizenship, Investment, or Your New Home?
Through a recent change in the Turkish Nationality law, an amendment came into effect. This decision grants citizenship to anyone who buys a real estate valued at $250,000 came an exceptional opportunity that does not hide its importance, and this decision included citizens of most of the countries of the world. The amendments include all members of the family of the new owner, from a wife and children under the age of 18.
While you are guaranteed a Turkish citizenship through a $250.000 real estate purchase, the amendment that allows you to earn your citizenship also allows for multiple property purchases as long as their collective sum of cost is more than 250 thousand USD before taxes.
The property’s tax excluded price must be at least 250,000 USD. These tax returns are filed every four years, and the rates range between %0.1-0.3. Even though the payment is made in USD, the price will be written in Turkish Lira on the title deed. The exchange rate will be according to the current day’s effective selling rate of the official Turkish Central Bank. You can read a more detailed explanation of how to gain Turkish Citizenship on our website.
The various attractions that pull people to Turkey, from a wonderful climate, a promising economy, a huge real estate market, and many tourist and historical landmarks drawing tourists from different parts of the world to it, all this makes the investment and residence in Turkey a winning option and ideal by all standards.
Real estate is the most powerful way and the most prominent factor to strengthen the link between the investor and the Turkish labor market. Commercial real estate creates a new additional resource, as all investors wish to have multiple sources of income, in addition to buying a property in Turkey, and staying in it makes the investor pursue his affairs and opportunities. Similarly, the fact that the property helps secure regular residence in an important country like Turkey, through the laws in force and effect.
Real estate investment in Turkey provides a profitable return on investment, based on the attractive power of tourism, which is most evident in tourist periods and seasons, through the demand for rental homes during those seasons distributed throughout the year. The investment studied in real estate, which is highly sought after during the tourism season in Turkey, can provide an encouraging profit, and a good return on investment.
Price Index of Apartments in Turkey
For being the most populated city of the region, Istanbul carries both the title of most affordable and most luxurious apartments in all Turkey. If Istanbul is the city you wish to live. Be it by yourself, with your spouse, or your whole family with children, the city has a lot to offer. If you need a 1+1 apartment on your own while you sort your life in Istanbul, or to leave it for rent for long term investment, Esenyurt district's 46m2 projects are for you. At the moment, the district is home to the most competitive 1+1 prices ranging from 32 thousand to 135.600 USD. For those who wish to own a truly luxurious apartment, there is a 158m2 2+1 apartment in a residential project for 107.900 USD.
In one of the most luxurious districts of Istanbul, Ataşehir offers comfort and security for your family through 4+2 apartments, ranging from 156m2 to 240m2 in sizes. The right 200m2 4+2 apartment located near the new Finance Center could be yours for the price of $169.200 USD.
Apartments for sale in Kadıköy, populated by mostly young people, and known for its 24/7 livelyhood, can reach prices more than 3 Million USD. In fact, a massive 337m2 apartment with 4 rooms and 3 bathrooms with the view of the Marmara sea and Prince Islands is one our hottest projects with the price of 3.061.800 USD. Those who wish to own an apartment residence to hit their Citizenship requirement, can find plenty of options that start from 266.100 USD to Mid-500 thousand USDs, or higher with plenty of rooms for the comfort of your whole family.
Right in the center of Şişli district, a magnificent 3+3 apartment is on sale for 3.061.900 USD. In this 260 m2 palace at the top floor of the 39-floor skyscraper, you will get to have a unique view of Istanbul from every room of your house. It comes with building security, fitness centers, and a Bosphorus view. In this residence, you will be right in the middle of the action in Istanbul, where you can reach anywhere in the city through many transportation methods available right in front of your apartment, including highways that connect to the edges of the city.
If you are looking for an apartment to fulfill the 250.000 USD requirement for the Turkish Citizenship, Maltepe district's Prince Island view apartments are the ones you are looking for. In Maltepe, there is a beautiful 3+1 apartment for sale for the price of 255.200 USD. In this apartment building, you will get to wake up to the smell of the Marmara Sea on your private terrace and have the Prince Islands on your sight forever.
Ankara
Surrounded by mountain ranges, Ankara is Turkey’s capital city. It has a rich history as people have been inhabiting the region since the Stone Age! It has been conquered, and visited by ancient leaders, such as Roman Augustus, and Alexander the Great from the west, and Seljuks, from the East. Once a small town, Ankara has grown exponentially since the foundation of the country in 1923 and is now racing with Istanbul in terms of city development. The city offers plenty of affordable houses with a large number of rooms in competitive pricing with those that stay around 2+1 or 3+1 range.
Ankara's most affordable apartment starts from 74.400 USD as a 2+1 and with the size of a magnificent 400m2. This house comes with a private terrace, extra balconies, a jacuzzi in one of the 2 bathrooms in the house, and your own view of the capital. For the colder days, you will also have a closed balcony where you can still enjoy the city view at the heat and comfort of your house.
In the capital of Turkey, you can purchase multiple apartments around the 100.000 USD price range, where you can leave them for future investment opportunities, or to gain your Turkish Citizenship once their collective sum of worth is higher than $250.000 USD.
For 102.100 USD, there is a 4+2 apartment ready for you to move-in! This 192m2 beauty offers comfort for your whole family with the view of the city.
If you wish to hit the required amount for citizenship with a single, and luxurious purchase, a 4+2 residential project on the size of 250m2 is available for 275.600 USD.
Muğla
Those who wish to spend their lives under the sun away from the troubles of city life, will find gorgeous apartments by the Aegean and Mediterranean coasts of Turkey. While these regions are known for their private properties like Villas and summer houses, apartments are slowly becoming more and more common closer to the downtown districts.
A 3+2 apartment on sale for 350.000 USD in the ancient, historical, yet highly alive city of Bodrum will offer you the privacy you seek by bringing the Aegean Sea right by your feet. This unit is 150m2 and comes with its own terrace, as well as Air Conditioning for that hot summer weeks.
Another 3+2 apartment is available in Marmaris on similar sizes, yet for sale at the 124.000 USD price tag. This residential unit offers a life in a tight-knit community and a private pool for the apartment building. The project is in a secluded area where you will be able to live among nature in the modern city of Marmaris.
Those who seek a smaller option in Bodrum with a more affordable price can find an 85m2 apartment building with a 2+1 setup. This luxurious apartment building offers a magnificent view of the Bodrum's Aegean coasts, as well as some of the historical locations at the comfort of your house. This location is on sale for 167.700 USD.
