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Home»Finance»Türkiye-attractive region of real estate investment

Türkiye-attractive region of real estate investment

September 12, 2019

Recently, Türkiye has become for citizens of the Russian Federation a real summer health resort. Russians are satisfied with good service and comparative cheapness on the coast, and the capital – Istanbul attracts many tourists.

The city is spread out at once on three seas, which makes its position very convenient for trade, with a soft climate, with a mass of historical places. Thanks to these advantages, many foreigners who want to acquire real estate in Turkey are choosing on Istanbul. Istanbul takes first place in the country in terms of the number of transactions related to real estate.

Foreign citizens can acquire real estate in Turkey literally during the day, and the same period is needed to apply for rights to it. The attitude to Russians and Ukrainians in Turkey is respectful, since the visits of our citizens are one of the main sources of the country’s income.

Türkiye did not even agree to tighten the visa regime for foreign citizens, among whom Russians prevail, as the EU rules require. The Turkish government aims to increase the well -being of people and the country above the possibility of EU membership, which officials openly talk about. Purchases of real estate in Turkey have been allowed by individuals from Russia and Ukraine since 2006.

Operations for the purchase of real estate in Turkey are restrained due to economic and political instability in the country, but in the near future it is expected that the situation is finally stabilized and the possibilities of acquiring Turkish real estate will expand significantly for Russians.

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