• Assured Construction Quality: The Turkish government ensures high standards in construction by supervising the use of quality materials and adherence to safety and engineering principles, giving buyers confidence in the integrity of their investment.
• Timely Project Delivery: Government guarantees alleviate concerns about delays, as the government commits to timely completion, reducing the risk of unfinished projects.
• Investment Security: These guarantees significantly lower the investment risk by ensuring project completion even if the developer faces financial difficulties.
• Flexible Payment Options: Many government-backed projects offer long-term installment plans, making property acquisition more accessible to those who cannot make full cash payments upfront.
• Fair Pricing: The Turkish government oversees the pricing of these projects to prevent inflation and ensure fairness, protecting investors from overpricing.

Turkey serves as a gateway to vast opportunities, boasting a dynamic real estate market, economic stability, and attractive residency and citizenship programs. The strategic location bridges Europe and Asia, offering access to diverse markets and making it a hub for international business.

Turkey’s strategic location at the crossroads of Europe and Asia makes it a gateway to lucrative markets across Europe, the Middle East, Africa, and Central Asia. Known as a hub for international trade, Turkey leverages its geographic position to attract significant foreign investment.

Military service in Turkey is compulsory for all male citizens aged 20, with current laws stipulating a service duration of six months, which includes one month of basic military training. These regulations, established in 1924, have undergone several amendments to adjust to the needs of the Turkish Armed Forces and societal changes.

While Turkey does not grant citizenship by birth to children born to foreign parents on its soil, there are still significant considerations for those expecting or planning to have children in Turkey. Parents who are not Turkish citizens must navigate a set of procedures to register their child in Turkey legally.

In recent years, there has been a noticeable increase in residential property purchases by foreigners in Turkey, especially in metropolitan areas like Istanbul, Antalya, and Ankara. Neighborhoods such as Beylikdüzü, Kadıköy, Bağcılar, and Sarıyer in Istanbul have seen significant concentrations of Russian buyers, while Iranian buyers have shown preferences for Esenyurt, Kağıthane, Sarıyer, Kartal, and Maltepe.

The real estate market in Turkey, particularly in cities like Istanbul, Antalya, and Ankara, has experienced a surge in demand partly due to the economic sanctions imposed by the United States on Russia and Iran. These sanctions have driven investors from these countries to seek safer investment havens, like Turkey, which offers relative economic stability and strategic proximity.

The Turkish property market faces significant challenges, including high housing prices and rental rates, spurred by increased interest rates and inflation, which have diminished real household incomes. Although nominal housing prices are rising, the real cost of property is effectively falling behind inflation rates, suggesting a decrease in real housing prices.

The Turkish real estate market opened to foreign buyers in 2002 under Prime Minister Erdogan, initially with certain restrictions that evolved significantly over the years. Initially, property purchases were limited to citizens from countries with reciprocal rights and confined to specific regions. By 2012, the reciprocity requirement was abolished, dramatically broadening the potential investor base, including citizens from China, Russia, India, and the Persian Gulf countries.

Turkey offers exceptional healthcare services to all residents, underpinned by the General Health Insurance (GSS) system. As a foreigner, accessing these services involves certain prerequisites such as residing in Turkey for more than a year without prior health insurance abroad. Altay Atasay assists clients in meeting these requirements efficiently, ensuring they can enjoy the full benefits of Turkey’s healthcare services shortly after settling in.