Izmir became top city among Iranian real estate investors in Turkey

Izmir became top city among Iranian real estate investors in Turkey

Home sales to foreigners in Izmir, Turkey's third largest and most popular city, have skyrocketed because of buyers from Iran. According to market experts, many Iranians buy real estate in Turkey in order to get the citizenship of the Republic for the whole family at simplified terms. 

Buying an apartment in Turkey for 250 thousand dollars, you can obtain Turkish citizenship for all family members. Nationals of Iran currently have to buy properties online because air traffic between the two countries is still closed due to the threat of coronavirus. Property prices in Iran are much higher than in Turkey, and life in Turkey today resembles European not Arab countries. Furthermore, apartments in Turkey are growing in price much faster than in Iran. Therefore, Iranians are more often choosing housing in Turkish cities and resort regions for investment.

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