Buy Property in Izmir Turkey0 Items Listed.
İzmir is a city in the South-Western part of Turkey with great nature. It is a very well-developed European city with high but affordable priced living standards. İzmir is the country’s third largest city with a beautiful coastline- combining a vibrant city that is active 12-months with a summer city in its remote locations such as Çeşme, Kuş Adası and Alaçatı. A city with welcoming neighbors, beautiful streets, European standard infrastructure, and great life quality... Prices in İzmir starts from $650/sqm to $7,000/sqm for a luxurious villa with a sea view. 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