Properties in Kocaeli0 Items Listed.
Kocaeli is the industrial city that is a natural expansion of İstanbul. There are lots of investment choices in Kocaeli, but the best investment to go in Kocaeli is a dorm unit due to high student population and concentration or an industrial-agricultural property. Kocaeli and Kartepe here are also popular for green residential areas. A house would not yield well in Kocaeli but may qualify its resident a comfortable life. Kocaeli is actually the richest city in Turkey by per capita income. Prices in Kocaeli begin from $550/sqm to $5,000/sqm for a commercial with high rental income. We help clients in buying and selling apartments, villas, lands, farms, shops, commercial offices, stores and all kinds of properties available for sale in Sakarya and Sapanca, 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