Prices for real estate in Turkey have grown by 10%. Kapital.KZ

Such growth has been recorded since 2010. Currently, the cost per square meter of housing within the first coastal line averages 1,500-2,000 euros. At the same time, the tax ranges from 50 to 100 euros, depending on the cadastral value of the property, while utility services will cost new settlers 380-500 euros per year. "Turkey is attractive as an investment in real estate. The purchase of an apartment can pay off in just 4-7 years. For example, in Bulgaria, the cost of housing within the coastal line ranges from 3,000 to 5,000 euros per square meter, and in Turkey, these figures are two times lower," explained Alexandra Sokolova, manager of one of the Turkish developers in Kazakhstan. Moreover, experts believe that it is necessary to invest in Turkish real estate right now. After all, in a couple of years, Turkey plans to join the eurozone, and then real estate prices will equal those in Europe. The purchase process is regulated by the Law on the Acquisition of Real Estate in Turkey by Foreign Citizens. A foreign buyer receives a residence permit in the country, with all civil rights. Since August last year, in accordance with amendments to the Law of the Republic of Turkey "On Property," regarding the acquisition of real estate by foreigners, now citizens of the Republic of Kazakhstan, since August 2012, have the legal right to acquire and register real estate in their name on the territory of Turkey.