Turkish buyers immigrants: how to choose real estate? Buy in which city?

In June 2022, Turkey will increase the minimum investment for naturalization of investment in real estate from $250000 to $400000.

Despite the increase in investment, it is still difficult to stop the enthusiasm of foreigners to buy houses.

According to a study, about 22% of foreign buyers of property in Turkey hope to obtain Turkish citizenship by purchasing a house.

Since you are a house buyer, where is the right place to buy a house? How to choose a real estate area in Turkey? Let's take a look together.

Istanbul

Istanbul, the largest city in Turkey, is the economic, cultural, financial, trade and transportation center of Turkey. There is no doubt that it is also the most worthwhile investment city for real estate in Turkey.

Istanbul is the only city in the world that straddles Eurasia. The urban area is mainly divided into: Old Town (European District), Beioglu Business District (European District) and Yusqudal District (Asian District). Among them, the European District is the most popular area for investors.

Istanbul chokes the entrance of the Black Sea and is the key point of the Eurasian continent. It has an extremely important strategic position since ancient times. At the same time, as an ancient economic and commercial developed area, it is also the end of the Silk Road. Nowadays, its world status has not declined.

In November 2018, the world city rankings were released, and Istanbul entered the ranks of the world's first-tier cities. Its first-class amenities, entertainment facilities, schools and healthcare facilities can be compared with the most modern and popular cities in the world.

Turkey plans to build Istanbul into a global financial center. A large number of foreign investment companies, global group companies, banks and other financial institutions have successively opened branches here; the first phase of Istanbul's third airport has been opened, and it is expected to accommodate 0.2 billion passengers in the next ten years. The driving force to increase surrounding housing prices.

Antalya

Antalya is the largest city on the south coast of Turkey. It was an important port in the Eastern Mediterranean during the Ottoman and Roman Empire, and has developed into a tourist center.

This city is the most beautiful place in Turkey. It is compared to Miami in the United States. To the east is the beautiful Kongyat Beach, to the west is the endless Lala Beach, to the south is the clear Mediterranean Sea, and to the north is the lush Toros Mountains.

In addition to its natural beauty, it has a long historical footprint and is rated by global tourists as the third most visited city in the world.

With the boom in tourism, it not only stimulates the growth of the local economy, but also strongly promotes the development of the real estate market.

Antalya has a mature real estate market with lots of options and opportunities. The province caters not only to lifestyle suitors, but also to golfers and luxury home buyers.

Ankara

Beneath the aura of Istanbul, the Turkish capital, Ankara, is instead a bit overlooked.

This is the second largest city in the country after Istanbul, and the second largest industrial center in the country after Istanbul. It is the national political, economic, cultural, trade and transportation center.

Although Ankara is not the largest city in Turkey, it is the fastest growing city in recent years.

It only took a few decades to change from an unknown small city to a city second only to Istanbul, becoming the political and cultural center of Turkey.

Nearly 10 million tourists come here every year, creating considerable economic income for the local area. The growing number of tourists is driving local real estate demand and pushing up real estate prices.

Izmir

Izmir is the third largest city and the second largest port in Turkey. It is also one of the important industrial, commercial, trade and maritime centers.

Izmir has developed industry and agriculture, and its output value ranks second in the country, second only to Istanbul, the largest city. It is an important economic center.

Izmir is also a famous historical and cultural city, tourist resort and military fortress, retaining many places of interest. In short, this is a city with clean streets, reasonable layout, relatively complete cultural, educational and scientific research institutions, vigorous tourism, active economic, trade and financial operations, convenient life, and pleasant scenery.

Izmir not only has its own airport that operates international flights all year round, but it is only a few hours' drive from Bodrum and Kusadasi, and is adjacent to the main highway leading from Antalya to Istanbul.

It offers investors an international lifestyle with a laid-back coastal lifestyle. The city offers a wide range of coastal and city center locations and properties to suit most needs and budgets.

From luxury coastal villas in Ceshme and Araca, to modern apartments in the heart of the city, Izmir offers investors a multitude of options.

At present, Turkey's tourism industry is also developing in full swing, attracting a large number of international tourists to visit each year.

This has also stimulated the development of the local property market in Turkey, a steady stream of tourists, and also ensures continued rental demand.

In the investment of high-quality real estate, to obtain income at the same time, but also to take a big country status, can be said to serve multiple purposes.