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

This growth has been recorded since 2010. Currently, the average price per square meter of beachfront housing is €1,500-€2,000. Taxes range from €50 to €100, depending on the cadastral value of the property, while annual utilities for new residents will cost €380-€500. "Turkey is an attractive real estate investment. Purchasing an apartment can pay for itself in just 4-7 years. For example, in Bulgaria, coastal housing costs €3,000 to €5,000 per square meter, while in Turkey, these figures are half that," explained Alexandra Sokolova, manager of a Turkish developer in Kazakhstan. Moreover, experts believe that investing in Turkish real estate is essential now. After all, Turkey plans to join the eurozone in a couple of years, at which point real estate prices will converge with European ones. 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 full civil rights. Since August of last year, in accordance with amendments to the Turkish Republic's Law on Property, regarding the acquisition of real estate by foreigners, citizens of the Republic of Kazakhstan have also had the legal right to purchase and register real estate in Turkey in their own name since August 2012.