Properties in Bursa0 Items Listed.
Bursa is the brother city of İstanbul with just an hour of drive away- especially with the new Orhan Gazi Bridge. It is a city with a high-income average and a production-focused industrial economy internally. Bursa also is the city that feeds İstanbul. The city is very well organized and has prime locations like Nilüfer and Mudanya- with rapid expansion and growth and lucrative investment opportunities. Be well aware that Bursa would be cheaper than İstanbul and you can invest in bigger units for better prices per sqm. Prices in Bursa start from $650/sqm to $7,000/sqm for a luxurious villa with a sea view. Bursa is also known as “Green Bursa” for its mostly green looks from Ottoman times. We help clients in buying and selling apartments, villas, lands, farms, shops, commercial offices, stores and all kinds of properties available for sale in Bodrum and Muğla, Turkey for residence and investment.
Purchasing Real Estate in Turkey
Purchasing real estate in Turkey has been the choice of investors- with over 7.7 billion USD in real estate investment just in 2020 alone! Turkey has been the destination for people of all countries to live freely with a modern, tolerant, diverse and free environment.
To summarize an investment in Turkey, an approximate statistic would be as follows,
- ROI - 6% / YEAR
- Capital Appreciation - 25%/3 YEARS
- Price/Sq. M. - $800/SQM-$5,000/SQM
- Tax - Approximately 4%
- Maintenance Fees - $400/YEAR (paid by tenant)
- $250,000 - Min. Required Investment for Turkish Citizenship
- 3 Years – Can be sold after 3 years without harming citizenship