Alawa Real Estate

Papers required to buy an apartment in Turkey

Together, we will review the documents required to buy an apartment in Turkey, we will take a look at the necessary documents that must be prepared to realize your dream of owning a home in this charming country, we will explain the importance of each document and its role in the purchase process, in addition to valuable advice to facilitate the process and avoid any complications that you may face in the future.

Advantages of buying an apartment in Turkey:

1. Turkey offers a variety of real estate options, ranging from apartments in the city to luxury villas on the beaches and investors can choose the property that suits their needs and budget.

2. The Turkish government offers facilities and benefits to foreign investors, including easy procedures for buying real estate and obtaining residence permits and Turkish citizenship in some cases.

3. Real estate prices in Turkey are reasonable and competitive compared to other European countries and this gives the investor a good opportunity to get a property at a good value.

4. Turkey is an ideal destination for real estate investment, where the investor can rent the apartment to local residents or tourists to achieve a good financial return.

5. Turkey's reputation as a popular tourist destination is rising, which makes its apartments in demand for both short and long-term stays.

6. Residential areas in Turkey have a well-developed infrastructure, and provide modern services and facilities such as restaurants, schools, hospitals, and public transportation.

7. Turkey embraces a rich history and diverse culture, which makes it an exciting place to explore and enjoy cultural experiences.

8. By purchasing an apartment in Turkey, the investor can benefit from a long-term residence permit and enjoy life in this beautiful country.

What are the papers required to buy an apartment in Turkey?

1. Buyer's tax number.

2. Personal photos of the buyer.

3. The buyer's passport is valid.

4. A translated and certified copy of the buyer's passport with the Turkish Noter.

5. Real estate appraisal report.

6. The real estate purchase contract is certified by the Turkish Notary.

7. Receipt of foreign currency sale to the Central Bank of Turkey (if there is foreign currency used for payment).

8. A receipt for transferring the value of the property in Turkish lira to the seller's account.

Things to consider when buying an apartment in Turkey:

1. It is advised to visit the apartment's website and ensure that it conforms to the specifications agreed upon in the purchase contract.

2. Make sure that you sign the purchase contract in official legal departments specialized in these matters, to ensure the validity and recognition of the contract.

3. Ensure that the seller owns the property to be purchased and that there are no problems related to transfer of ownership.

4. The real estate registry must be reviewed to verify that there are no reservations or mortgages on the property, to avoid impediments to the transfer of ownership.

5. Make sure to prepare all the papers required to buy an apartment in Turkey before starting the government procedures, to save time and effort.

Which is better to buy an apartment in Turkey, ready or under construction?

Choosing to buy an apartment in Turkey depends on your personal needs and priorities as a buyer and both ready and under construction apartments have advantages and disadvantages that differ according to your requirements and preferences, so let's take a look at the advantages of each:

Advantages and disadvantages of buying a ready-made apartment in Turkey:

1. It gives you the opportunity to check out the apartment and see where you will live and make sure it matches your needs and taste.

2. Once you buy the apartment, you can move in and live in it immediately without waiting for the completion of the construction of the property.

3. If you want to invest in the apartment by renting it out, you can start earning the rental income right away.

4. Ready apartments are generally more expensive than apartments under construction.

5. The customization options may be limited compared to off plan apartments.

Advantages and disadvantages of buying an apartment in Turkey under construction:

1. You can design and customize the apartment according to your needs and personal taste.

2. Apartments under construction in Turkey may be more competitive in terms of prices compared to ready apartments.

3. You have unique investment opportunities when you buy an apartment under construction, especially if you plan to sell it after the completion of construction.

4. Building an apartment takes time, it may take some time to finish it and move in.

5. It can be difficult to verify the exact final results when purchasing an off-plan apartment in Turkey.

In short, if you are looking for immediate housing and immediate verification of the place and you are not interested in paying a higher price, buying a ready-made apartment may be the appropriate option, but if you want to customize and get a distinctive and attractive investment opportunity in terms of price, you may prefer to buy an apartment under construction, you should determine your personal priorities and requirements before making a final decision.

Buying an apartment in Turkey suitable for Turkish citizenship:

The laws issued by the Turkish government provide great support for real estate investment in Turkey, and these laws have attracted great interest from investors, and among these laws, the naturalization law in Turkey stands out, which allows the granting of Turkish citizenship to anyone who invests in Turkey with one of the specific types of investment.

For example, an investor can obtain Turkish citizenship by purchasing an apartment in Turkey with a value of no less than 400,000 US dollars, provided that he undertakes not to sell for a period of 3 years.

Common questions:

What are the papers required for a foreign buyer to buy an apartment in Turkey?

Required papers vary according to legal status and government requirements, but usually include: passport, residence permit, tax number, and personal photos.

Does the buyer need a legal power of attorney to buy the apartment in Turkey?

Yes, a foreign buyer needs a power of attorney if he is not able to attend the purchase in person, he can authorize a lawyer to do the procedures on his behalf.