Inquiries about buying a house in Turkey and comprehensive answers

Buying a house in Turkey is a major investment step that can raise many inquiries and questions, whether you are looking for a house to settle in, a property to rent, or even to obtain Turkish citizenship, a Turkish passport, and real estate residency, as Turkey is considered an excellent destination for real estate investment, so continue reading on to learn more information and details that will help you when buying a house in Turkey.

 

 

1. Turkey has real estate laws and friendly procedures towards foreign investors, as foreigners can purchase real estate easily and conveniently, while providing legal protection for their rights.

2. Turkey offers a wide variety of properties including apartments, villas, chalets, and farms, allowing buyers to choose the property that suits their needs and budget.

3. Compared to many European countries, real estate prices in Turkey are reasonable and appropriate, which makes them attractive to investors.

4. Turkey is an excellent investment destination, where investors can rent properties to achieve good rental returns.

5. By purchasing a property in Turkey, foreign investors can obtain a residence permit that allows them to live and work in the country.

6. Turkey embraces a rich culture and ancient history, which gives investors the opportunity to discover distinctive cultural experiences.

7. Turkey enjoys relatively political and economic stability compared to some other countries in the region.

8. If you are looking for a property on the coast, Turkey has many beautiful coastal areas on the Mediterranean and Aegean Seas.

9. Turkey provides all modern services and infrastructure such as schools, hospitals and recreational facilities.

10. Turkey is considered one of the economically promising emerging countries, making it an exciting future investment.

11. By purchasing a house in Turkey worth 400,000 US dollars, you can obtain Turkish citizenship, a Turkish passport, and enjoy the rights of Turkish citizens.

 

 

1. A copy of the title deed (tabu) for the property and this document proves ownership of the property and contains detailed information about the property and its owner.

2. A plan showing the location of the property. This plan is obtained from the municipality of the area in which the property is located, and shows its location in detail.

3. Property number According to municipal plans, this number must be obtained from the municipality and is important to uniquely identify the property.

4. Translating the passport and having it authenticated by a notary and authenticating this document is necessary for legal procedures in Turkey.

5. Earthquake insurance policy for the property, as this is a legal requirement that must be provided before completing the property ownership process, and it is important to protect the property from damage caused by earthquakes.

6. A document indicating the value of the property and this report provides a comprehensive and detailed estimate of the value of the property in the market, and can take a few days to prepare.

7. A number of personal photos measuring 6 x 4 cm.

8. This contract must be documented in the presence of witnesses, and if the witnesses are not familiar with the Turkish language, two translators must be present with them.

 

 

1. The price of the property you invest in must be at least $400,000.

2. The investor must commit not to sell the property for at least three years from the date of purchase.

3. The property you invest in must not have been previously used in applying for Turkish citizenship by any other investor.

 

 

Turkey left behind the law of reciprocity with the countries of the world, which allows international nationalities to invest and buy real estate in its lands, yet Turkey excludes only four nationalities from this law, namely Syria, North Korea, Armenia, and Greek Cyprus.

These exceptions are due in particular to historical treaties and agreements between Turkey and these countries and despite this restriction, Syrian citizens can obtain Turkish citizenship through other means, including placing a bank deposit, investing in commercial or industrial projects in Turkey and these options represent additional opportunities for Syrian investors who wish to expand the scope of their investments in Turkey.

 

 

1. Location is a major factor in determining the price of a house, as properties in major cities such as Istanbul and Ankara are more expensive than those in rural areas, also, coastal or tourist areas witness high prices.

2. The type of property also plays an important role and residential apartments are usually cheaper than villas or commercial properties, moreover, new buildings and properties with luxury features are more expensive than old properties.

3. The condition of the property and the level of quality have a significant impact on the price and new or renovated properties equipped with modern features are often more expensive than properties that need renovation.

4. The area of ​​the property in Turkey plays an important role in determining the price and the larger the area, the higher the price of the property usually.

5. If the property offers additional facilities such as swimming pools, gyms, children's areas, or 24/7 security system, it may have a positive impact on the price.

6. Supply and demand in the real estate market can affect prices significantly, as sometimes, prices can rise due to excess demand for properties in certain areas.

7. Changes in laws and regulations related to real estate in Turkey can affect prices, such as tax policies and administrative procedures.

8. The economic and political stability of a country can affect confidence in the real estate market and thus on prices.

In conclusion, buying a house in Turkey can be a great option for many people looking to invest or live in a beautiful and diverse country, but before deciding to buy, the buyer must understand well the matters related to the law, real estate markets, and the necessary procedures.