Depending on the new law , every foreigner can receive a residence permit for 1 year () until you sell your property
Read our special page about Turkish citizenship by investment.
Yes – all properties we sell in Turkey are "freehold."
Your company can own a
property in Turkey if your country has a reciprocal agreement between Turkey. can help you easily at this complicated process. We have already
experienced this situation for several times.
Yes. We know that your
companies money is not your money. If you like to invest in Turkish property as
professional manner, can help you to establish a
Turkish company. So you can easily invest your companies money in Turkey
If you are purchasing a property on new development, the price will be set by the developer. Regardless of agents commissions, you should still pay the same price with whoever you purchase through, whether you go direct or through a third party.
Waiters, jewelry, and
leather dealers are the most well-known property sellers at touristic regions
of Turkey. Turkey Realty Group is a registered real estate company at
Chamber of Commerce of İstanbul
Whenever a property is sold, registered and licensed real estate agents are entitled to receive a 3% service fee over the actual sales price of the property from the purchaser and the property owner separately.
Going through an established company like Turkey Realty Group has several advantages: first, you will get to see a wide range of properties that match your criteria and not just one specific developer; second: you will have the benefit of our experience, as well as a fully staffed office to support you back home.
OLD ANSWER BEFORE 21.May.2012: Turkey has a reciprocal agreement for the purchase of land and property with many countries. This means that the people of these nations that allow Turks to buy land in their countries, can in return, buy land in Turkey. Foreigners may purchase in their name if the property is outside military zones. Based on these agreements foreigners of the following countries are eligible.
Some countries do not allow Turkish citizens to purchase property in their land. That is why the citizens of these countries are not allowed to buy in Turkey. There are some exceptions to this rule such as Russia. Citizens of Russia can buy with special permission of the Ministry of Internal Affairs (Icisleri Bakanligi).
Turkey Realty Group in partnership with selected construction companies are now in a position to offer an exciting and unique financial product to our clients in cooperation with Deniz Bank.. A 50% LTV (Loan to Value) fixed rate mortgage at 5% over a 10 year repayment period.
The title deed is called
‘TAPU' and all property transactions for the foreigners is done
only through the Land and Registry offices of the relevant district where the
property is located.
You will normally pay
3,000 Euro (approx) reservation fee and then 30% as a deposit within four
weeks. Most developers offer stage payments (lump sum to be paid at the
completion of each building stage) often with a degree of flexibility towards
your circumstances. This will be agreed at the time of purchase
After paying the reservation fee, Turkey Realty Group will carry out the title deed checks. A contract will be drawn up between the seller and the purchaser. This will give the details of the completion date, payment schedule, and terms & conditions. When this is signed by all parties, the deposit is paid. You then apply to Tapu and Land Registry Office for a security clearance to allow you to own a property in Turkey. You can sign a Power of Atorney to conclude all the necessary paperwork if your circumstances require it.
According to "Turkish Property Law," foreigners were necessary to get permission from the Military Headquarters if the property is "not" close to the military zones. Turkish General Staff has found a new solution to this problem in December 2017. All military and national security zones were recorded in the land registry plans. Foreigners can receive Title Deed within 2-3 days thanks to the determination of allowed areas.
passport translation at Notary Public, if needed, the power of attorney, 2
photos, local tax number and bank account
Appraisal report keeps from overpriced property sales. When one buys a property, Land Registry and Cadastre asks for SPK validated Valuation Report as a proof document that the purchase was made at the correct price. Your addressee is a direct Real Estate Appraisal Department of Land Registry and Cadastre. The process takes 3 - 6 days.
Turkey Realty Group carry out pre-completion checks. Following this, you (or your Power of Attorney) will sign a deed of transfer in front of an officer of the Land Registry who then records you as the official owner of the property. The property tax is paid at this stage.
Yes, there are reputable English speaking lawyers and solictors and we can introduce
them to you during your viewing trip.
Turkey’s economy is only just starting to mature, and inflation has fallen from 30% to a manageable 7% in the last few years. An impoverished population, which is still used to cash purchases, has kept prices low but they are beginning to rise. This is partly because of interest from foreign investors and also because more mortgage options are starting to emerge for Turkish nationals. As the mortgage market becomes more competitive, and opens up to foreign buyers as well, prices will continue to rise.
This varies from
development to development. Turkey Realty Group will inform you before purchasing
State property tax,
environmental tax and wealth tax. However, these are relatively low, and your
lawyer will advise you.
Turkey Realty Group will help you to ensure your property.
The main season is
from April to October, but you should still be able to rent it out over the
winter months at lower rates. At the height of the summer, you can expect a
more reasonable return
: Many developers offer
furnishing packs. You can buy furnutire online
It is a democratically elected government as in Ireland/UK. Turkey is also one of the 5 permanent members of NATO.