Turkish property is attracting investors from around the world. Many people are moving to Turkey for better living and to become investors in this beautiful country.
When people buy real estate, there are several land offices where title deeds are handled. Turkey doesn’t have notaries public like some European countries. Turkish title deed conveyance documents include;
CMB Licensed Real Estate Appraisal Companies within the last three months,
Both the buyer and seller’s passport or identity document.
The title deed of the property;
Earthquake insurance is mandatory;
The paper depicts the value of the real estate as declared by the municipality,
It is necessary for the seller and the buyer to take photographs within six months of the sale,
A sworn translator for parties who do not speak Turkish,
A Power of Attorney may be required if you are dealing with a proxy.
Please refer to our article to learn How can foreigners purchase property in Turkey?
Many people have already purchased Turkish real estate despite searching the internet for answers to questions such as “Can I buy a property in Turkey?” and “Can a foreigner buy a property in Turkey?”. Because of the outstanding features of the country and the excellent returns, some of these buyers purchased multiple properties in Turkey.
Turkey also attracts a lot of investors with its citizenship through an investment program. Foreigners who buy a property in Turkey worth at least 400.000 USDcan get Turkish citizenship. Turkish citizenship stands out among similar programs because it’s quick and easy.
Iranians mainly buy Turkish real estate. In January, 459 Iranians bought houses in Turkey. There were 385 homes in Iran, 260 in Iraq, 260 in the Russian Federation, 168 in Afghanistan, and 88 in Yemen.
In 2019, more than 45.000 foreigners bought the property in Turkey, up 15% from last year. Istanbul is the most popular place for foreigners to purchase real estate, followed by Antalya and Ankara.
What’s the best place to buy a house in Turkey? All cities in Turkey except military zones allow foreigners to purchase real estate.
Considering that our company is one of the leading real estate companies in Turkey, we have a wide variety of properties for sale, including apartments, villas, and commercial properties.
For more information or to schedule a viewing, please get in touch with us today.
We would be happy to assist you with your inquiries.