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A Report on Real Estate Ownership in Yalova Türkiye

2023-09-26
Property Investment in Turkey
652
A Report on Real Estate Ownership in Yalova Türkiye
Contents table


We will explore a variety of aspects of real estate ownership in Yalova Turkey, we will take a look at the local real estate market, the reasons for the region's attractiveness, the available real estate styles, in addition to the procedures and directions that must be taken into account when thinking about investing or buying, and we will explore how Yalova can be an interesting option for investors and those looking for a place to live that combines stunning nature with modern luxury.

Get to know Yalova Turkey

Real Estate Ownership in Yalova Türkiye
 

The city of Yalova Turkey, also known as Yalova, is located on the outskirts of the Samanli Mountains, located in the northwestern side of the territory of the Republic of Turkey and it extends on the eastern coast of the Sea of ​​Marmara and about 175 kilometers away from Istanbul, which is approximately two and a half hours by car or about seventy minutes by fast ferry.
This city is known throughout history for the succession of different groups, and its long history extends through the ages, starting with the Hittites who occupied it in 200 BC, then the Franks and the Kimlars, after which it was the turn of the Bathians and the Roman and Byzantine empires to consolidate the history of the city.
In addition, it was occupied by the Ottoman Empire in 1303 AD and then, in 1930, the city was attached to the Istanbul administration by order of the founder of the Turkish Republic, Mustafa Kemal Ataturk, and the city of Yalova witnessed multiple flows of migrations starting in 1893, when groups from various regions including the Balkans such as Crimea, Bulgaria, Russia, the Caucasus, Yugoslavia, Romania, Greece, and Circassians immigrated to it and these diverse areas coexisted despite their different cultures, added a special flavor to the social and cultural diversity in the city and became a success story to follow.

Climate in Yalova Turkey


The city of Yalova, Turkey, also has a diverse climate, as it belongs to the Mediterranean and tropical styles, and its summers are characterized by heat and humidity, which made it a tourist destination from all over the world, while the winters are characterized by coldness and rainfall and the period between October and January sees the highest rainfall, followed by a gradual period of decrease in the amount of precipitation.

Motives for Real Estate Ownership in Yalova Turkey


1. Yalova is located in a coastal area on the Sea of ​​Marmara and on the edge of the Samanli Mountains and this location gives it a refreshing atmosphere and great natural beauty, where residents can enjoy sandy beaches and stunning mountain scenery.
2. Real estate ownership in Yalova is active and diversified, which gives investors attractive opportunities to invest in real estate.
3. Yalova provides a calm and refreshing environment that differs from the hustle and bustle of big cities, making it a great choice for those looking for a place to escape from the hustle and bustle of everyday life.
4. Yalova enjoys a mild climate that makes it a popular tourist destination throughout the year and it is characterized by warm summers and mild winters, making it an attractive destination for tourists and residents.
5. Yalova's history is rich and varied, with influences from different cultures through the ages, this gives the city diverse cultural dimensions and a rich cultural experience.
6. Thanks to its location close to Istanbul, Yalova is easily accessible from Turkey's capital and other regions, whether by car or public transportation.
7. Turkey has provided easy facilities and procedures for foreign investors who want to buy real estate in the country, which enhances the attractiveness of real estate ownership in Yalova.
8. You can obtain Turkish citizenship through real estate ownership in Yalova at a value of 400 thousand US dollars, provided that you undertake not to sell for 3 years.
9. The possibility of  obtaining real estate residency when buying a property in Yalova Turkey, at a value of $75,000
10. After  obtaining Turkish citizenship through real estate ownership in Yalova Turkey, you can apply for a Turkish passport

Famous tourist attractions in Yalova, Turkey


Learn about the famous tourist attractions in Yalova Turkey:

Dipsiz Lake in Yalova:


Dipsiz Lake is among the most luxurious natural lakes in Turkey, and it is located in the Erekli resort area near the city of Yalova this lake is distinguished by its natural beauty and attractiveness, as its area rises by 570 meters above sea level and it is distinguished by dividing it into two main parts; Big Lake and Little Lake and this lake is surrounded by vast green landscapes adorned with a variety of plants, flowers, and birds, creating an attractive landscape for visitors to enjoy.


Kishk Al-Mashi Palace in Yalova:


The "Koshak" or the Walking House is characterized by its beautiful Ottoman design, and it is located on the coast of the city of Yalova, built in 1929 next to a distinctive sycamore tree, this house consists of a square wooden structure surrounded by columns and covered with glass and crystal and the house includes small rooms and a meeting room, and enjoys a stunning view of the sea coast and the surrounding landscape.


Yalova Hot Springs:

 

Real Estate Ownership in Yalova Türkiye

Yalova hot springs are one of the most popular healing springs in Turkey and located about 12 kilometers from the city center of Yalova, these springs are characterized by their pure and clear therapeutic waters, and are a reference for patients seeking natural treatment and relaxation and Yalova springs include many recreational and therapeutic facilities, such as baths and swimming pools, making it a unique destination for lovers of pampering and luxury.

Jok Chedra Village


What makes the peaceful village of Jok Chedra unique and special is its simple and beautiful rustic character this village is located only 12 km from the tourist village of Termal and the village combines its rural atmosphere, which is calm and relaxing, with the availability of basic facilities that tourists and residents alike need.

Simply put, Chedra choir is a living and realistic model of the warm and charming rural environment, so this village in Yalova State represents a unique opportunity to enjoy a real experience of rural life without the need for much effort, and what increases its attractiveness is its proximity to the city of Yalova and its vibrant areas.
 

Related Articles:

Investment is the Primary Reason for Foreigners Purchasing Turkish Real Estate
 

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Faqs

 

Yes, Turkish citizenship can be obtained by purchasing a property in Turkey, including in Yalova and in 2022, the Turkish government announced changes in nationality laws that allow foreigners to obtain Turkish citizenship by purchasing a property with a value of at least $400,000, provided that it is not sold for three years and this also includes coastal areas such as Yalova. 

 

However, it should be noted that some other conditions must be met to obtain Turkish citizenship through real estate, such as maintaining ownership for a period of not less than three years and that the purchased property be paid in full, and that the investor’s nationality should not be one of the nationalities prohibited from buying real estate in Turkey.. 

 

 

 

 

 

 

Yes, real estate residency can be obtained by buying a property in Yalova, Turkey and the same laws and conditions apply to obtaining real estate residence in all parts of Turkey, however, foreigners who wish to obtain real estate residency must comply with the following conditions:

 

1. Purchase a residential property worth no less than $75,000.

2. The property must be registered in the investor’s name.

3. The property must comply with real estate laws and regulations in Turkey.

4. The real estate must not be sold within the first three years after obtaining the real estate residency.

5. Once the property is purchased by the foreigner and the necessary requirements are met, the investor can obtain the real estate residence permit for himself and his family members.

 

Yes, real estate prices in Yalova are on the rise, as Yalova is part of the beautiful Mediterranean coasts of Turkey and enjoys wonderful beaches and stunning landscapes, and this makes it a desirable residential and tourist destination and you may find that the prices of apartments and villas in Yalova are high compared to some other areas in Turkey and the strong demand for real estate in this area is driving up prices, as many prefer to own homes for personal use or invest in renting them out to tourists and visitors, however, it should be noted that real estate prices vary between areas within Yalova itself, and you may find that some neighborhoods offer more reasonable prices than other places.