Turkey, best places for foreigners to own a property

Turkey, best places for foreigners to own a property

Everyone's daily experiences are unique, so stereotyping life in Turkey for foreigners would be a mistake. A former retiree sunbathing in the Mediterranean region of Antalya will have different daily routines than a foreigner working in Istanbul. Everyone lives in the country for various reasons, and naturally the diversity of places adds another dimension to the question as well.

however, if you want to get moving, we can guarantee one thing. We've never heard a stranger say he hated living here. Even expats who return to their home country say they leave with fond memories of their lives. In this article, we take a look at common factors such as work, managing finances, language barrier, navigating bureaucracy, and immersing yourself in Turkish culture and traditions.

1: Can you live in Turkey without knowing Turkish?

People often ask us this question. To enter the labor market, knowing Turkish is necessary. Not only to ensure your success but also to enjoy the day. Who wants to be in a work environment where you can't talk to your coworkers? However, thousands of retired expats living in Turkey all year round, do not speak the language fluently and still enjoy a fruitful life. They settle mainly on the Aegean and Mediterranean coasts, where tourism is the primary trade; therefore the locals speak foreign languages.

Scandinavians, Germans and Russians favor the region of Antalya, Alanya; So the locals speak these languages ​​alongside English. The regions of Fethiye and the Aegean Sea are also popular with British holidaymakers; so the locals speak fluent English, sometimes even with an accent! So, you can live here without knowing the language, but we suggest you improve your quality of life, try to learn a few words every day.

2: How much money do you need?

well, that will vary depending on where you live, if you own a property and your lifestyle. Istanbul is the most expensive place to live, especially for rent. A varied social life, and the costs of beers and restaurant meals soon reach. The costs of smoking, drinking, and running a car add up. However, swinging around the Aegean and Mediterranean, the prices drop considerably, and you can get more for your money.

An average guideline, live with a decent lifestyle, take into account around 7000 lire for living in Istanbul, and 4000 lire for other regions. It should be mentioned that many retired expats have deposited large sums of money into the high interest savings account offered by Turkish banks. After paying the tax, they withdraw the interest every month, it doesn't So never touch their net worth.

3: Is moving to Turkey a good idea for life?

If you have an upcoming job or monthly income plan then it is said to do it. Don't just take our word for it. Across the country, the pockets of expat communities thrive on the ideal climate and healthy lifestyle. The reasons people move also vary from affordable property prices to outdoor lifestyles. Turkish hospitality plays a huge role because the locals are welcoming, and it is easy to form friendships with the neighbors. The following articles will be helpful in helping to decide.

5: Can foreigners buy property?

Yes, all but five nationalities can buy property in Turkey. To get a feel for the prosperity of the foreign real estate market, in 2019 just over 45,000 foreigners bought apartments and villas across the country. The streamlined purchasing process is also quick to complete and if the finances are in place, takes as little as three to six weeks to secure freehold title deeds.

The affordable prices per square meter also make it one of the best places in the world for real estate investment. Get an idea of ​​the real estate market in Turkey, see our portfolio. Each listing includes a description of the house, price, location, and a request form to schedule a viewing or receive further details via email.

6: Where do expatriates live?

Expats settle in various places. These are mainly concentrated around the coastal tourist resorts. It is rare for foreigners to live in landlocked neighborhoods because tradition and culture are stronger, so adaptation is more difficult. also, the inhabitants of the Kackar mountains rarely sell to outsiders because the communities are so tight-knit. The cities below are popular cities with large expat communities.

Alanya, Antalya

Antalya center:

This cosmopolitan city is home to Mediterranean Turkey's best shopping and nightlife scene. To reinforce this reputation, it also has two of the most beautiful beaches in the country; Konyalti and Lara. This destination is ideal for year round living, as the tourist season tends to continue for 12 months.

Alanya:

Nestled at the far eastern end of the Mediterranean region, Alanya is growing to be a destination worth recognizing. Massive promotion abroad stimulates the tourism industry and with it the number of foreigners buying property is increasing and this is because it is a new city which keeps the symbol of calamity and tranquility and also because the real estate prices in Alanya remain affordable and the build quality is very impregnable.

Golf Belek: Welcome to the golf capital of Turkey, a destination that hosts world-class championships. It features impressive courses designed by the best and has people like Tiger Woods and Barack Obama among the previous players who have chosen to swing.

kalkan: Welcome to luxury villa living and a fantastic view of the Mediterranean Sea. Kalkan is making a roaring trade in the high-end real estate industry, and a glance at some villas for sale will confirm why. Kalkan's rooftop restaurants serving fresh fish and seafood are also famous throughout Turkey.

 Fethiye: Often seen as a single destination, this region is broken down into several cities like Oludeniz, Hisaronu, Ovacik, and the greater center. Known as a place of excellence in the sailing scene, Fethiye also makes a roaring trade with beach vacation tourism. Those looking for a mountain retreat would do well to consider Uzumlu which is known for its large, private villas.

Bodrum Peninsula: Comprising the city center and many small holiday resorts, the Bodrum Peninsula is one of Turkey's main tourist destinations and a major boating center. Popular places for expats include Yalikavak and downtown. Anyone who wants a millionaire lifestyle should watch Turkbuku which the New York Times called the Turkish version of Saint Tropez.

We hope that our article will help you to get a satisfactory idea of ​​life in Turkey to make the best decision before buying property in Turkey (especially in Alanya)

or invest in any sector.

Panorama Homes Network real estate helps you make the best choice before buying real estate in Turkey (apartment, villa, house ...)