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Guide to buy property in Turkey
Before buying a property in Turkey, we advise our clients to take the following points into consideration, thus assuring our customers purchase the property best suited to them in a manner easy and secure.
Initially you must identify sufficient ideas for Turkish cities and important centers where vital, comprehensive search for the area you wish to buy them, and the real estate consultants will provide you with all the necessary and commensurate with the goals of information.
You should aim to identify clearly from the purchase of the property is it to invest? Or to live in Turkey? Or to spend summer vacation? Which will save you time and effort in the search for the most suitable property for you.
You should make a visit Turkey and see the property and the surrounding area on the ground, and become acquainted with the neighboring property, transportation and utilities job in the city. The company’s work team to carry out a field trip to the Real Estate and supply the necessary information and answer all questions.
In May 18, 2012, it was canceled reciprocity for foreigners who want to buy property in Turkey. And thus it became available for foreigners to buy any type of property (home, workplace, or land) within the framework of legal restrictions.
You should choose a real estate agent will help you to choose the most suitable property for you and offers you reliable properties that fit with your request, and thus saving time and effort and get a safe option and is easier to choose the property.
If you like it won a property during the presentation trips and you decide to buy the property, you must get a purchase contract, which includes information about the property as well as the agreed terms.
When you sign the sales contract, Buyer shall pay an advance payment to the seller, and then be sent to the amount agreed upon and written in the contract. You may need to get a tax number and then open a bank account in Turkey, making it easier on you all the financial transactions you like to pay premiums or bills apartment.
The buyer must take into account the existence of additional expenses on the basic price of the apartment to complete the purchase by 5.6%, including taxes and payments during and after the purchase.
You need approximately 5-6% in addition to the purchase price of the property, is the taxes and public fees for the purchase of a property in Turkey is low when compared to other European countries, including: guaranteed property tax, property tax yearly, property insurance, capital gains tax, expenses other.
Turkey is a nation straddling eastern Europe and western Asia with cultural connections to ancient Greek, Persian, Roman, Byzantine and Ottoman empires. Cosmopolitan Istanbul, on the Bosphorus Strait, is home to the iconic Hagia Sophia, with its soaring dome and Christian mosaics, the massive 17th-century Blue Mosque and the circa-1460 Topkapı Palace, former home of sultans. Ankara is Turkey’s modern capital.
As of February 1, 2012 it has become a total duration permitted for the establishment of foreign tourists visiting Turkey can not exceed 90 days. So if you plan to stay in Turkey for more than 90 days, or live in Turkey legally, you will have to apply for a residence permit. And you must apply for residency before the end of the tourist visa expires.
In order to apply for Turkish citizenship, the applicant must meet the following conditions:
You must submit the request at the earliest Turkish Consulate you.
Royal TR is one of the world’s most valuable and admired real estate marketing companies. With proven competencies in property, shopping malls & retail and hospitality & leisure. Royal TR established in 2014.