Buy property in Turkey
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Buy real estate, villas and apartments in Turkey + its terms
Today, Turkey is truly a land of immigrants, and many people enter the country to build a brighter future. Turkey has a unique geographical location, as you know, part of it is located in Asia and part in continental Europe, and throughout history has always been considered as a bridge between the two continents of Europe and Asia, and in terms of territory, area With a population of 80 million, it is among the largest countries in the region. Turkey ranks seventh in terms of immigrant satisfaction, according to a new survey of immigrants from around the world. More than half of Turkish immigrants consider the country to be very safe and feel very safe. They also described the Turkish people’s treatment of themselves as warm and friendly. As the Turkish government tries to facilitate the purchase of property and the reception of more immigrants, it has provided new and special facilities for the purchase of property. Also, due to Turkey’s cultural proximity and geographical location to Iran and especially the value of the rial against the lira, Turkey has been able to obtain many factors as a suitable place to live and invest for Iranian immigrants. In recent years, the purchase of real estate, villas and apartments in Turkey has flourished due to the facilities and concessions that the Turkish government has provided for the purchase of real estate. One of these advantages is offering residence in this country to foreigners who buy property in Turkey.
Buying a property is one of the best ways to invest in Turkey. Click on the button to view the comprehensive database of residential projects.
Why buy property in Turkey?
Turkey is a member of the 20 richest countries in the world (G20) and the gateway to Europe. If you have Kimlik or Turkish citizenship, you can easily travel to many countries without a visa. As we said before, one of the positive points of immigration to Turkey is its proximity to Iran. The flight time between Iran and Turkey is so short that you can not take the grief of homelessness too seriously. Turkey is one of the fastest growing economies in the Middle East, with more than any other country in the region in recent years. At the same time, its proximity to Europe has made many people look to Turkey as a way to immigrate to Europe. Despite its unique Mediterranean climate and unique culture and history, Turkey is a destination for many foreign investors. Also, many people want to travel to this country regularly or even work and live in this country by obtaining permanent residence in Turkey. As mentioned, one of the easiest and most painless ways to get a residence permit in Turkey is to buy a property in this country.
Benefits of buying property in Turkey
One of the most important factors in buying a home and starting a life in Turkey is the favorable business conditions in this land. Many businesses in Iran have stagnated or completely disappeared due to global sanctions. Merchants in Turkey can easily do business with the rest of the world and expand their business. In general, one of the best ways to immigrate to Turkey is through investment. Because Turkey is one of the countries that is in dire need of investor power. As we talked about earlier, one of the easiest ways to get permanent residency in Turkey is to buy property in this country. For years, the Turkish government has been thinking of building settlements, towers and apartments where people can buy property in Turkey.
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One of the main reasons for choosing Turkey is the low cost of renting and buying property, compared to Iran, which with these interpretations can increase the quality of life. Turkey's economy is very dynamic and this has led to the country's growing economic growth. As a result, immigrants can hope to find a suitable job in the country, and the lack of visa requirements for Iranians is another factor that has made Turkey popular with Iranians.
Property purchase laws in Turkey in 2023
Almost since 2015, the law on obtaining wet residence by buying property in this country has been implemented. Different people can get a residence in this country by buying a house in Tar. The first thing to consider when buying a property in Turkey is that the property purchased must have a value equal to or greater than $ 400,000 or 650,000 lira to obtain a residence permit in Turkey.
By buying a house in Tar Kiyeh for the mentioned value, the owner can obtain a 3-year residence permit for himself and his family, and by extending this stay for up to 5 years, he can obtain a permanent residence permit for himself and his family. An important point to keep in mind about wetting residence is that in these five years the homeowner is only allowed to live outside of Turkey for one year, otherwise the law does not apply to him.
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Foreigners buying property in Turkey can easily obtain a residence permit in Turkey, provided that the stay is extended for certain periods. These people can obtain permanent residence in Turkey not only for themselves but also for their families and enjoy the benefits of permanent residence in Turkey for their family, which includes the same right to free education.
Property Purchase Laws in Turkey for Permanent Residence in 2023
1- The value of the property must be more than 400 thousand dollars.
2. The owner must have resided in Turkey for 5 years, after which he / she can apply for permanent residence. This agreement, by specifying business standards, ensures that a suitable economic environment is provided for investors. This agreement guarantees that the investor’s property will not be confiscated, except in exceptional cases where the investor’s property may be confiscated in the public interest after going through the legal process.
3- Not having any background in Turkey is one of the main conditions.
The agreement ensures a favorable economic environment for investors by setting business standards. This agreement guarantees that the investor’s property will not be confiscated, except in exceptional cases where the investor’s property may be confiscated in the public interest after going through the legal process.
4- It is possible for the owner to obtain residence for all family members (spouse and children). This agreement, by specifying business standards, ensures that a suitable economic environment is provided for investors. This agreement guarantees that the investor’s property will not be confiscated, except in exceptional cases where the investor’s property may be confiscated in the public interest after going through the legal process.
5. In the first 5 years, the owner must not travel more than 180 days per trip each time he leaves Turkey. This agreement, by specifying business standards, ensures that a suitable economic environment is provided for investors. This agreement guarantees that the investor’s property will not be confiscated, except in exceptional cases where the investor’s property may be confiscated in the public interest after going through the legal process.
6- The owner can pay the water, electricity, etc. bills by opening an account and receiving the tax number. This agreement, by specifying business standards, ensures that a suitable economic environment is provided for investors. This agreement guarantees that the investor’s property will not be confiscated, except in exceptional cases where the investor’s property may be confiscated in the public interest after going through the legal process.
7- In order to transfer the ownership of the document, the presence of the buyer and the seller in the real estate office is required, and in case of absence of either, there must be their legal lawyer or official power of attorney. Provide economics for investors. This agreement guarantees that the investor’s property will not be confiscated, except in exceptional cases where the investor’s property may be confiscated in the public interest after going through the legal process.
8- When buying a property in Turkey, Tapu (property transfer certificate) is the most important document required by the buyer, who must pay attention to all the details mentioned in it when receiving it. Tapu lists everything including ownership status, transfer date and owner name. Not having a Tapu in Turkey makes it impossible for you to apply for residency. In short, it can only be said that your purchase in Turkey becomes legal only if you have received Tapu. This agreement ensures that a favorable economic environment is provided for investors by setting business standards. This agreement guarantees that the investor’s property will not be confiscated, except in exceptional cases where the investor’s property may be confiscated in the public interest after going through the legal process.
Ancillary costs of buying a property in Turkey and transferring ownership
Many people are unaware of the side costs of buying a home in Tor Kiye and do not plan for it. One thing to keep in mind is that the cost of buying a property in Turkey includes a document transfer tax, which is a significant amount. The document transfer tax is 4% of the value of the property and half of it must be paid by the buyer.
Another side cost of buying a home in Tar Kiyeh is paying municipal taxes. Municipal fees in Turkey are paid annually before the last day of May each year. The amount of municipal taxes for property in Turkey is about 0.1% of the actual value of the TAPU.
Another side cost of buying a home in Turkey is related to the cost of charging, repairing and maintaining the property. If the property purchased is an apartment, these costs are paid annually and monthly, and for newly built apartments vary from 250 lira to 500 lira per month. Of course, these amounts are limited and it is possible to agree on lower amounts with the building manager.
Another side cost of buying a home in Tar Kiyeh is paying municipal taxes. Municipal fees in Turkey are paid annually before the last day of May each year. The amount of municipal taxes for property in Turkey is about 0.1% of the actual value of the TAPU.
Another side cost of buying a home in Turkey is related to the cost of charging, repairing and maintaining the property. If the property purchased is an apartment, these costs are paid annually and monthly, and for newly built apartments vary from 250 lira to 500 lira per month. Of course, these amounts are limited and it is possible to agree on lower amounts with the building manager.
Important points and points that we should pay attention to when buying a property in Turkey
Thanks to the useful and efficient measures that the Turkish government has devised in the field of urban planning, it has a stable economy and the purchase price of property in this neighboring country is completely different from Iran and has been almost constant in recent years. it is invisible. If you are planning to stay in this country, you can increase your chances of settling in this country by buying a property. The good news is that Iranians are among the citizens the Turkish government allows to buy a home. After careful consideration of the selection of the property and finally the selection of the property, a written contract is prepared for the purchase and according to the text of the contract, you pay an amount as a deposit to the owner of the property. According to the date stated in the contract, the seller and the buyer will be present in Tapu (Property Registration and Property Registration Office) and on the day of Tapo, the account will be settled and a new document will be issued in the name of the buyer. The process of buying a property anywhere in the world has its own complexities, and before taking any action in this field, it is necessary to obtain the necessary information, conduct useful research, and then proceed to purchase the property. In each country, the government sets specific policies and laws for various areas, especially the purchase and sale of real estate, including land, apartments, and so on; It is therefore advisable to seek the help of a knowledgeable and compassionate consultant to purchase property in any area before making any payment to the landlord to ensure that the property in question does not have any debts including water, electricity, gas and tax bills and tax debts. In order to buy a property with peace of mind, it is necessary to have a translator, because it is very important to have an official translator from the courts of this country to register the document in the Turkish Document Office.
Important points when buying a property in Turkey that you can find out with the help of your consultant:
Take a closer look at the property and match the specifications of the Tapu document; So you will make sure that the property that is transferred to Tapu in the name of the buyer is the same as the property that the seller claims to sell. Of course, for more reassurance, you can also talk and consult with neighbors or potential tenants of the property. The title deed of the property in question does not have a mortgage, ie it does not owe money to the bank or the builder of the building. In the description of the document, the property is not mortgaged by a bank or another person. The property in question should not have any problems with municipal issues, for example, it has not been built without a municipal permit, or it should not be in the municipal plan (which sometimes happens despite the violation, but the seller has agreed and colluded with the municipality !!) The property must be inhabited, ie it must have a certificate of completion. In Turkey, housing is very important for property. Make sure that the principles of safety in the property are observed so that the residents of the property do not face serious problems due to its absence in the future.
What is the process of buying a house in Turkey?
If you intend to reside in Turkey and the purchase value of the property is more than $ 400,000, you will request an appointment with the Turkish Immigration Service and you will return to the Immigration Office with your documents at the appointed time. After a few simple questions and answers, you can get a Turkish residence card (often one year and sometimes two years or permanent and depends on the value of the property) to your postal address in Turkey. Of course, it should be noted that as the real estate market in Turkey heats up, profiteers are taking advantage of this market to commit fraud. So be sure to seek the help of a knowledgeable and experienced legal advisor, and before depositing any funds, seek inquiries from relevant organizations regarding bank debt, bank loans, and legal property restrictions. If there is a dispute between the buyer and the seller in the process of buying the property, they can file a lawsuit in the judiciary and judicial authorities of this country. In the description of the document, the property is not mortgaged by a bank or another person. The property in question should not have any problems with municipal issues, for example, it has not been built without a municipal permit, or it should not be in the municipal plan (which sometimes happens despite the violation, but the seller has agreed and colluded with the municipality !!) The property must be inhabited, ie it must have a certificate of completion. In Turkey, housing is very important for property. Make sure that the principles of safety in the property are observed so that the residents of the property do not face serious problems due to its absence in the future.
Travel to Turkey and visit different regions and properties to choose the region and property according to your taste and interest
Ask a municipal expert to price your property; Therefore, you will be informed about the real price of the property, which is usually the difference between this price and the real price of the property is less than 10%. Finally, the price set by the expert will be recorded in the document.
You arrange a contract and pay the specified down payment to the owner as a reservation accordingly. This amount is usually 10% of the total cost and is non-refundable. The payment method is usually done in several steps and in four parts, the number of payment steps depends on the seller or the builder of the property.
The date of transfer of the document is specified in the contract. On that day, together with the seller and his consultant or lawyer, he refers to Tapu (Property Registration and Property Registration Office) and deposits the remaining amount to the owner’s account, and on the same day, the document is transferred to the buyer’s name. This document, entitled Tapu, shows that the person is the real and legal owner of the property in Turkey and gives all the necessary rights to the person.
In less than a week, you can receive your property deed purchased in Turkey.
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