Turkey is located on the Mediterranean coast and this country has become increasingly popular for buying properties. There are many reasons why people are attracted to properties in Turkey https://hayatestate.com/en/turkey
The first reason is the beautiful coastline and beaches, which make Turkey one of the most popular tourist destinations in the world. The property market in Turkey caters to many nationalities, so the selectivity of the property will depend on the country the buyer comes from. However, having an apartment or villa in such a beautiful and diverse country doesn’t come without its rewards.
Another great reason to purchase property in Turkey are the tax benefits, which are considerably beneficial. Unlike other countries, Turkey offers an incredibly low tax rate on property purchases, ranging from zero to 3.5%, depending on the type of property purchased. This translates to significant saving on operational expenses of the property, something that almost every property investor will appreciate.
The country is also politically peaceful, making it the perfect spot for a vacation or permanent residence. Furthermore, the presence of many wonderful resorts, cafes, and historical sites makes Turkey an attractive destination for many, regardless of their location.
For those investors who have an eye for business, the country also offers a plethora of opportunities. Within the property market, there are multiple investment opportunities, from small apartments to luxury villas. This makes it easier for investors to choose the right property type without risking too much capital.