The advantages of buying real estate under the crisis of Corona virus
Turkey set records and achieved tremendous and promising results regarding the cases of recovery from Corona virus that spread in the world in the beginning of the year 2020 until the present time . And compared to European countries , the efforts made by the Turkish government and the strict measures that it took to diminish the spread of this epidemic were strict and effective , which reduced the economic and health damages in the country .
The Turkish Minister of Health , Fakhruddin Kuja , has announced that the number of people recovering from Coruna virus in Turkey has exceeded for the first time the number of patients who are still undergoing treatment . And medical experts say that if citizens continue to adhere to preventive measures , this progress will continue and the number of people recovering will increase , and the virus will disappear from Turkey within a month .
All news related to Corona virus in Turkey can be found on this page :Corona virus
It is clear the impact of Corona virus on the real estate market in Turkey and all over the world , and the most important reason for this decline in the real estate market in Turkey is the travel ban to and from most countries of the world , to limit the spread of the Corona virus .
Turkey was one of the first countries in the world to implement all precautions to prevent the spread of this epidemic , which in turn put great pressure on the real estate market .
Because of this decrease in demand for buying real estate in Turkey , real estate prices in Turkey have decreased steadily , providing you with an exceptional opportunity to own and obtain your dream home in Turkey , and once this pandemic ends , real estate prices will rise again , as economic and real estate experts expect an unprecedented activity of the real estate market in Turkey after the end of this crisis , the European countries have proven their failure to manage crises and provide a decent life for citizens , which drew attention to Turkey as a result of the tremendous efforts made by the Turkish government and the satisfactory results that strive to achieve .
Also , this sudden economic downturn has led to price cuts by construction companies that need financial liquidity , these discounts reach 20-25% , and this situation increases the bargaining potential of buyers , as it creates golden opportunities for highly financial liquid investors .
On the other hand , investors wishing to buy a property in Turkey must consider that exchange rates that creates unique opportunities , as the Turkish real estate market is highly dependent on the Turkish lira , and with the rise in exchange rates , the dollar or euro prices have decreased by 10% , despite the prices of the Turkish lira remained the same .
What are the steps to buy a property without coming to Turkey ?
- Communicate with the real estate consultant through direct video calls
Our real estate consultant will contact you and provide all the information that interests you in the matter of buying real estate in Turkey , such as : laws of buying real estate in Turkey , conditions for obtaining Turkish citizenship , etc. , and he will answer all your questions and inquiries , and he will send pictures and videos for showing you all projects and investment offers .
- Select and choose the appropriate property
After reviewing all the projects and investment offers , you will start to form a basic idea about the required property , where you will be able to choose the appropriate property .
- Make a legal agency
In coordination with our legal team , which will direct you to the Turkish embassy in your country , you will create a legal agency for Right Home real estate consultancy company in Istanbul , so that we can legally pursue the procedures for your real estate ownership in Turkey .
- Money transfer
You must transfer a sum of money to the account of the developer of the project that you have chosen , this amount includes the down payment or the total amount of the property price , according to the agreed payment plan .
- Transfer of ownership
According to the power of attorney that was made for the Right Home real estate consultancy company in Istanbul , we will perform all procedures related to transferring the property and receiving the title deed , and then the property purchase contract and all the official documents will be sent to the customer by guaranteed mail .
- Apply for Turkish citizenship
In case that a property is purchased for obtaining Turkish citizenship , our legal team will submit the required documents and follow up the procedures until you obtain Turkish citizenship . After the issuance of your Turkish passport , the passport will be sent to your residence by certified mail .
- Real estate investment
In case that you want to purchase a property for investment , we will , according to the agency , invest this property for you and transfer its investment returns to you in your residence .
* Take the opportunity now and get your real estate in Istanbul at a special price and flexible payment plans . You can book your real estate online and get free real estate advice from this link : Online reservation
Why buying a property in Turkey is a good investment ?
- The exchange rate of the Turkish lira against other international currencies has reached its highest levels ever , which means that buyers have more Turkish lira than ever before .
- The surplus housing in certain areas provides reasonable prices per square meter , compared to other countries dominating the real estate market abroad .
- The high specifications of modern residential projects in Turkey , which were built according to modern engineering designs and advanced home technology , they incorporate smart home technology , and include public facilities and basic services that meet all the needs for you and your family , such as sauna , gym , swimming pool , gardens and others .
- Buying real estate worth $ 250.000 or more , and keeping it for three years , gives the owner of these properties the right to apply for Turkish citizenship .
- Turkey usually treats the foreign investor similar to the local investor 100% , which is one of the most important advantages of investing in Turkey .
- The Turkish economy is one of the most economies around the world that have a brilliant future . Expectations indicate that during the next ten years it will become one of the fastest growing economies around the world due to its attraction of $ 15 billion in foreign investment annually , and the amount increases every year , and it is the sixteenth largest economy around the world .