24 Мая 2023
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Why is it profitable to invest in Turkish real estate?

Today we will talk about the main advantages of buying real estate in Turkey.

Fast growing market

Turkey is one of the fastest developing countries in the region, which leads to an increase in demand for real estate. According to the latest report from the Central Bank of Turkey, house prices rose by 153% in January 2023.

High level of profitability

Purchasing a property is a profitable investment, as it can be sold at a higher price or receive a stable rental income.

Comfortable taxation system

The acquisition of real estate in Turkey is associated with the payment of several types of taxes:
• The purchase and sale tax is 4% of the property value.
• Real estate tax depends on the cadastral value of the property and ranges between 0.6% and 0.1%.
• Income tax is paid on the property disposition and ranges from 15% to 35% of income.
Tax rates may vary depending on the region, but in general, the tax policy in Turkey is quite loyal.

Low property prices

The cost of real estate in Turkey is relatively low compared to European countries, which makes it more affordable for investors.

High level of tourism development

The country is one of the most popular tourist destinations in the world and has a developed infrastructure.

Citizenship By Investments Program

Turkey offers a Citizenship By Investment Program that allows you to get a passport when investing in real estate from $400,000.

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For more information, the cost of services and an appointment for a personal consultation, please contact the company's representatives
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