Turkey is the best destination for the British to spend holidays and investments
It’s known that Turkey has become a famous destination to British tourists in the summer season, the interest has also increased by foreign investors who are interested in heading to Turkey for investment or settling purposes, as Turkey still receives foreign investors and tourists annually, since the British owners and investors still prefer Turkey because it is a country distinct by its moderate prices compared to European real estate, and is considered to have a favorable climate for living.
What are the places preferred by the British in Turkey?
- Real estate market in Turkey has proven that some places are favored more than other by foreigners interested in Buying a property in Turkey, since Turkey have lots of touristic attractions, not to mention its coasts that are 700 km long on the Mediterranean Sea, these costs are the most preferred by the British, among these cities are: Bodrum city for its fascinating coastal nature which fascinated many British such as: David Beckham.
- Not only their fascinating beaches, Turkey also has many places for skiing close to Fethiye city, in addition to various activities like: walking, paragliding, and fun kayaking, also, spacious apartment buildings have been allocated to the British interested in Buying real estate in Turkey Turkey as Fethiye is considered a home to almost 5000 British.
- There are also some other places in Turkey attracting the British real estate buyer:
- Bodrum City: Bodrum is located on the coastal strip and is very popular with wealthy Turkish and foreigners, with many luxury and international hotels, Bodrum stretches for 25 miles and it’s a mix of resorts, fascinating hunting villages, and charming coastal villages, Bodrum resorts can be accessed through Bodrum international airport.
- Fethiye City: considered the favorite region for British investors, as for Calis Beach, which is a plain area behind the bay, it is a favorite destination for the elderly and retirees, who like to buy a comfortable home in Turkey.
- Kalkan City in Antalya: The Kalkan region has many modern luxury resorts, bearing the feel of ancient towns with great harbours. The most distinctive feature of the region is the spread of the elderly and wealthy segments in order to enjoy living the ancient Turkish traditions.
Can the British citizen purchase a property in Turkey?
Yes, British citizen can Buying a property in Turkey,, since it has been allowed for the first time for foreign citizens including British to purchase real estate in 2003, therefore, real estate in Turkey has become a famous destination for the British looking for a house for retirement, because its considered cheaper than other regions, also, the purchase process is faster than other countries. British people also consider Turkey people to be more friendly and civilized than others, which offers a better living environment.
According to the Turkish citizenship through real estate investment program, you can obtain Turkish Citizenship Law after purchasing a 400k USD valued property, this allows foreign investors who buys real estate in Turkey to become Turkish citizens.
Reasons why the British are strongly interested in purchasing real estate in Turkey:
- The Turkish government’s facilities for foreigners, by providing incentives to the owners and not discriminating them among the Turkish people.
- Legal updates and adjustments in favor of foreign owners, on top of that is 2012 law, that removed the principle of reciprocity, and 2018 law, that allowed foreigners, especially the British to obtain the Turkish Citizenship Law in exchange for buying a property in Turkey.
- Turkey’s strong infrastructure in terms of roads, public transport, hospitals, and mega economic projects.
- Low cost of living and real estate prices in Turkey compared to European countries.
- Turkey’s charming and fascinating nature, in addition to customs and traditions that characterize Turkey as the meeting point of the East with the modernity of the West.
- The interest in obtaining the Turkish passport allows a visa-free entry to many important countries.
Finally, property ownership process should be done carefully and it is recommended to be done through real estate agent to help the foreign investor with all the required legal documents. In order to get a safe and trustful ownership, do not hesitate to work with Europ Homes Real Estate and get all the information you need to purchase a property and invest in a fast and guaranteed manner.
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