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Oct 21

Where to Invest in Real Estate in Europe: Spain, Portugal, and Turkey

READ TIME: 3 MIN.

Investing in properties remains a common option for many people. Europe is among the best places to buy property or for purposes of investments. Spain, Portugal, and Turkey are among the best options.

Spain: What it has to Offer and why it is a necessity

Spain has always occupied a top place in the list of property buyers. It has wonderful beaches, great climate, and high standard living conditions. Property in Spain is attractive for many foreigners who purchase houses or apartments in Barcelona and Madrid. The country however includes so many beach areas which are good for resorts.

If you are searching for a home or intend to purchase and rent out a property, then making a real estate purchase in Spain is a wise decision. The property market is steady and there are always high prospects for renting houses especially in the holiday counties.

Portugal: A Growing Market

Real estate investors are increasingly paying attention to Portugal. The country offers a quite pleasant way of living along with beautiful views. It is in Lisbon and Porto that the buying property centers are located.

Portugal has a developing real estate; however, the property prices are still reasonable compared to other European countries. If you are on a hunt for an investment, then Portugal could be the right choice.

Turkey: A Great Investment Opportunity

It is one of the most attractive countries for purchasing real estate in Turkey, especially by the people of the USA. The country has different types of properties that are sold at reasonable prices. People tend to invest in properties in Istanbul, Antalya, and Bodrum. Property prices range in Istanbul usually between 50,000$ to 300,000$ depending on the location. In Antalya, one can find property listed with a very minimal amount of 40,000$. Thus, for Turkish properties, rental yields are very good on average about 5-8% annually thanks because of the growing tourism sector.

The best choices for investment in Turkey are choosing a reputable real estate firm. Doing business with a reputable firm will help you get the most advantageous deals ever and minimize any possible risks. It is a good place to make an investment as the property is reasonably priced.

Turkey is also in a good location between Europe and Asia. The government offers citizenship if you buy property there. This makes it even better for people who want both a good investment and extra benefits.

What to Know While Selecting Safe and Honest Real Estate in Turkey

Once you make the decision to invest your money in Turkish real estate, here are some recommendations on how to choose the one that is right for you:

  • Look into the property market: Investigate the local real estate market, its dynamics and current pricing.
  • Look into the history of the developer: Check out companies that have been around for some time or received some positive news.
  • Visit the property: If you can visit the actual site, do so and observe the place and its condition.
  • Seek legal help: Get in touch with a lawyer in order to check for compliance with all the correspondence.
  • Ask for references: Ask previous buyers for references and what their experiences were like.

    If you are interested in making a real estate investment in Turkey, you can turn to such a proven company. Their core skill covers both search and sale of properties in Turkey.

    Real estate investments in European countries for all three – Spain, Portugal and Turkey are all perfect candidates. By adhering to the recommendations mentioned earlier, you will make a worthwhile investment and reap the rewards of property ownership in Europe.

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