Types of Property in Turkey
When it comes to property in Turkey, there are many different types. They vary in style and size, so it’s important to know your options before buying a home.
Apartments
These are the most common type of property in Turkey, and are also one of the most popular choices for foreign buyers. They offer a wide variety of mod cons, including pools and gardens. However, they are more expensive than villas and have less privacy.
Residences
These residential complexes are more modern and more expensive than apartments, but they offer a range of amenities. They include swimming pools, saunas, gyms, restaurants and playgrounds.
They are very popular among immigrants, who like to have a home that offers privacy and security.
The main advantage of this type of housing is that they usually have a large garden and are well protected by a central guard, which makes them safe and secure.
Unlike many other European countries, property in Turkey is much cheaper than those in Spain and Cyprus, making them an ideal place for real estate investors to make a return on their investment. But it’s important to note that buying a property in Turkey can be complicated and take months to complete, so it’s best to find a professional estate agent who can guide you through the process.
Villas
Turkish villas are a luxurious option for people who want to enjoy a tranquil life with their family. They are typically designed as two or three-story structures with a large garden and pool, allowing families to have more space and privacy than other property types.
They can be purchased in a number of locations, ranging from cities to coastal towns. If you’re looking for a villa in Turkey, make sure to choose one in a good location so it can appreciate over time and bring you a healthy ROI.
Duplexes
These are a great option for those who want to buy a home but can’t afford the price of a villa. They are a multi-family property with two units, each with their own entrance and interior connections.
The size of the duplexes is often between 90-120m2, and they tend to come with shared swimming pools and gardens. They’re very popular in Istanbul and are a popular choice for foreigners who want to live in the city without paying the high prices of a villa or luxury apartments.
Land
Buying land in Turkey is easier than you might think, but there are still several things to consider. Firstly, there’s stamp duty, which is paid to the government by foreigners when they purchase land.
Next, there are legal fees and closing costs. These can be a substantial part of your budget, so it’s worth considering them before you start searching for a home.
In order to ensure you’re getting the best deal on your purchase, it’s a good idea to request an inspection tour before signing any agreements. This will help you get a feel for the area and lifestyle you want to live in, as well as help you avoid any unwanted surprises down the line.
