Who buys real estate abroad?

You're probably wondering why some people choose to live by the sea rather than attract the attention of yellow press by buying medieval castles or multi-million mansion in the centre of London. Thing is, when buying real estate abroad, not only will you save money on hotel accommodation but you can also invest in real estate which will grow in price year after year.

So who invests in real estate abroad? You probably also think of it if you are reading this article. Maybe you’re tired of depending on fluctuating situation in the tourist market, hotels with monotonous animation, queues at restaurants and that one vacation is similar to another. Maybe you don't trust banks and look for options of investing in capital. All leading western financial publications talk about economic prospects of the Turkish market of real estate. And maybe you dream of owning a cozy nest overlooking the sea in which you can escape the city bustle. Regardless of what it is, we can offer investing in an apartment, a house with a separate garden, shop for rent or even own hotel.

Modern world assumes that you can reach any destination in the world with virtually no boundaries and there are no problems in housing purchase abroad. Certainly, there are some features which depend and on the country in which you decided to acquire real estate, and on your nationality. To understand these specific features in Turkey, our company and our polite and competent managers are ready to help you at any time.

People who decided or only think about purchase of housing abroad, as a rule have main objectives:

To move to a more favourable climate
To acquire real estate for receiving residence permit or nationality in another country, willing to work or open of new business
To use the apartment time to time to spend holidays abroad without thinking about accommodation
To spend some time in the property during holidays, and to get profit from rent the rest of the time
To invest in construction or buy complete object in time favourable for the market with the purpose of leasing or to sell and make a profit at a later stage.

Certainly, in some cases people are guided only by their gut feeling whilst looking for the ideal house of their dreams, in others it is better to carefully study analytics of the market and factors which influence liquidity of certain objects. In any way, expert support may save you a lot of time and effort. Especially considering that it’s mutually important that you remain happy.

Managers of RestProperty will never sell you what they wouldn’t purchase for themselves. Certainly, we can only help you from the legal point of view, but we will always express our feeling about any object’s liquidity, or about hidden bumps in case of object resale, or suggest to consider other options. Besides, receiving consultation or even survey of options of real estate doesn't oblige you to anything.

Here are the reasons you should consider to make up your mind about property purchase in Turkey:

Possibility of long-term interest-free instalment plan
For a reasonable amount of money you can get a completely finished apartment in 500 meters from the Mediterranean Sea
Simple procedure of registration
Constantly improving air transport network
Stable rise in prices at inflation rate of 7-8% (for comparison, in Europe it is around 15%).

All these factors characterise real estate on the Turkish Riviera. It should also be noted that local population is extremely friendly towards foreigners, fine climate and 300 sunny days in a year mean that you should consider Turkey as the country where you could be happily relocated in the future.

Author: RestProperty

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Published: 29.11.2012