Guide to Purchasing a Property in Turkey

A foreigner has the correct to shop for an apartment in Turkey (ie, own assets in Turkey) altogether parts of the country, apart from areas near military gatherings and strategic locations like oil and power stations, airports, seaports, and others. he's also entitled to have over one apartment, house or land with a maximum area of ​​30 hectares.

If you're inquisitive about attempting to find land in Turkey, you'll face many options while reviewing the Turkish cities and regions, which differ in terms of assets prices and specifications.

But everyone who wants to shop for realty in Turkey must choose the real estate area in keeping with his purpose of owning the apartment. it's known that every city in Turkey has its own advantage, so it requires you to use caution in implementation and selection.

 

Steps to Shop for a Property in Turkey

1- Search well

There are lots of properties available in Turkey, but we advise you to try to to a comprehensive search of your own for the realm that meets your desires and desires and in keeping with the budget available with you.

2- Contact a true factor

The real agent can provide you with free assets advice and present you with many options to settle on what suits you. Property Superiors Company provides a series of realty advice constantly, through its website and communication networks, additionally to the benefit of communication with us, and seeking advice altogether realty affairs on the land Turkish, through a specialized realty consultancy team.

 

3- Make a preview of the place to be purchased with the real house agent

This step will facilitate your lots in attempting to find your property and that we can facilitate your choose in terms of clarifying the features of every property for you.

4- concentrate to the age of the building before buying the property

It is preferable to shop for a replacement property, and if the budget doesn't allow, it's recommended to shop for a property whose construction age doesn't exceed five years thanks to the change within the policy of contemporary earthquake-resistant construction, which wasn't applied before.

 

5- Check the placement of the property and its proximity to public services

Whether you're thinking of shopping for a property for housing or investment, you want to choose a location near public services, transportation, schools, and malls, and keep one's distance from industrial facilities because of noise and pollution.

6- ensure of the documents required to form the acquisition of the property

You must study the papers of the apartment before buying and confirm that there's no land loan on the previous owner, and Property Superiors property Company will assist you thru the legal advisor within the company to secure all papers and do the important estate detection process and take all necessary procedures.

 

7- The presence of the property buyer or his representative

After ensuring that you simply have chosen the proper property for you, you'll be able to come to sign the acquisition contract, or someone who represents him can attend an officer agency certified by the notary or at one in all the Turkish embassies abroad.

8- Verify that every one procedures on the property are completed

After signing the contracts, take care to hold out all registration procedures, including the bond, municipality, and security approvals to confirm that the property has been registered in your name. it's worth noting that the 2 parties to the acquisition must pay the property ownership tax in Turkey, which amounts to 4% of the value of the registered property, and is paid equally between the vendor and therefore the buyer.

 

9- Receipt of the title TABU

• Attached to the first contract is that the deed of the property, and it's within the name of the owner of the property in Turkey who signed the contract or his official representative, additionally to a duplicate of the project permit, two personal photos of the customer, a translated and licensed copy of the buyer’s Turkish passport and a replica of the card of the vendor of the property in Turkey Also, an element of the property value is paid as a deposit to order the property.
• At that time, we supply out the procedures that take a mean of 30-60 days to register the apartment, because of sending the documents to the protection departments of the Turkish army to get the protection approval.
• After the safety approval is issued, a summons is formed to travel to the real estate ownership department and complete the property’s registration of assets” by the state employee and within the presence of a sworn translator to elucidate the terms of the contract.

The deed of conveyance and therefore the key are duly delivered within the presence of the real estate consultant, and also the remainder of the property value has been transferred or delivered in conjunction with the transfer of ownership of the property.
In the event of shopping for a property in Turkey in installments, the customer must, consistent with the initial contract, after booking the apartment, pay the primary payment set with the development company at the time specified under the contract, usually within period from the date of signing the contract.

When paying the installments, the client must come within a brief period to receive the title and therefore the apartment key.
In cases where an apartment is purchased in a very residential complex or a standard building, and also the complex or building has obtained military approval before, the customer can receive the Tapu directly upon paying the worth of the apartment, or when paying the last installment within the event of shopping for a property in Turkey in installments.

 

Advantages of Owning a Property in Turkey

• the real estate allows the person to get a renewable property residency as long as he doesn't sell the property.
• within the event of shopping for land worth 250 thousand dollars, the investor can obtain Turkish citizenship.
• property prices in Turkey are relatively cheap compared to the dimensions of the country, its stability, and its long-term residential and tourism advantages.
• taxes for owning a property in Turkey are symbolic amounts and one in all the most cost effective countries within the world.

Time Frame

When a Turkish person buys assets in Turkey, it takes two to a few days to pay and sign the title deeds. As for foreigners, the method usually takes place within about five days thanks to the transfer of funds from offshore accounts.

After-sales Service for Realty in Turkey

When Turks buy a house, they like to complete the maximum amount of the method themselves, usually to save lots of money and also to grasp the system so property agencies don't provide any service after redeeming the title to Turkish citizens. As for foreigners, true is different, thanks to their lack of data of the Turkish language, and their lack of experience or knowledge of the way to conduct transactions after receiving the title, so their need for support and assistance from the important house agent is critical to finish their transactions through after-sales services for property in Turkey through their agent.