What are the general conditions for buying a property in Turkey in 2021? In this section, we provide you with all the information you need to buy a property in Turkey. This section is a kind of property buying guide in Turkey. Many of you have asked if it is possible to stay in Turkey by buying a property? In this article, we are going to cover topics such as buying a property in Turkey and examining its conditions in 2021, conditions for migrating to Turkey through buying a property, general conditions for buying a house in Turkey, rules for obtaining Turkish residency through buying a house, conditions for obtaining a residence in Turkey by buying Check the property and eligible to buy the property. You can also use iHomes Consultants for further guidance.
Benefits of buying property in Turkey
The benefits of buying a property in Turkey are so great that if we want to explain it to you in detail and in full detail, it will be a separate article. But it is not bad to know that these benefits have attracted so much attention from people, especially us Iranians, that in 2021, it has made us the leading foreigners to buy property in Turkey.
Among the biggest benefits of buying a property in this country are the following:
1- Obtaining Turkish citizenship and residence by buying property
By buying a property worth US $ 250,000, you can obtain Turkish citizenship and then a Turkish passport. Turkish passport allows you to travel to many countries without a visa. In addition, by buying a property worth $ 60,000, you can get a 3-year tourist stay.
2- Much lower price than Iran
Perhaps one of the most important benefits of buying a property in Turkey is the cost of the property. According to available statistics, the purchase price of a house in Turkey and in a city like Istanbul will be almost half the purchase price in Iran. For example, the average purchase price of a house in Tehran is about 30 and in Istanbul about 15 million tomans per square meter. However, the quality and facilities of Turkish real estate are much higher.
3- Geographical and cultural proximity
Another advantage of buying property in Turkey is its geographical proximity to Iran and, more importantly, the lack of a visa requirement to travel to this country. Another is that Turkey and Iran are very similar in terms of history and culture, and this makes it easier for Iranians to immigrate and buy property in Turkey.
Obtaining Turkish residency by purchasing a property in Turkey in 2021
In fact, staying in Turkey by buying a property is the easiest and fastest way to get a residence permit in Turkey. Immigrating to Turkey by buying a house is currently one of the most popular ways to immigrate to Turkey. One of the reasons for this popularity is obtaining Turkish citizenship by buying property. This means that you can get a Turkish passport by buying a house in Turkey!
Note that : Citizenship is different from permanent residence !! Citizenship is a formal and legal status that leads to citizenship, a passport, and most importantly, constitutionally guaranteed rights. Many countries may grant you permanent residency, but obtaining citizenship involves high costs and time. It takes a long time.
The difference between obtaining Turkish citizenship and residency and buying a property
Following the Turkish government’s decision to grant citizenship to foreign investors in real estate worth US $ 250,000, the buyer and the buyer’s spouse and their children under the age of 18 can acquire Turkish citizenship or citizenship; Whereby these people are considered citizens of this drawer and receive a national card and a Turkish passport; By acquiring Turkish citizenship, you will enjoy all the rights that a Turkish citizen has.
The best and easiest way to obtain Turkish citizenship is to buy a property worth more than $ 250,000, and you will finally be able to obtain Turkish citizenship in three to six months.
Previously, if someone wanted to apply for a Turkish passport and citizenship, they would have to invest one million dollars in Turkey. Fortunately, with the amendment of this law in 2018, the conditions for obtaining Turkish citizenship and obtaining a Turkish passport with an investment of only 250 A thousand dollars is possible.
Important note about obtaining Turkish citizenship by purchasing a property worth US $ 250,000
In order to obtain citizenship in this way, the buyer does not have the right to sell the property for up to 3 years, but after this period, he can sell the property if he wishes.
One of the advantages of obtaining Turkish citizenship in this way is that you pay for residency in other countries. The fee you pay is only for residency, but in Turkey you do not pay and you only invest, along with a passport. You can also get Turkey.
You will not receive a Turkish passport (Turkish citizenship) if:
The owner of the property is not a Turk. Note that the owner must be Turkish. Because buying property from foreign owners is not subject to receiving residence.
If the purchase was made from a first-class relative, you will not be eligible for a passport.
The purchase amount of the property must be deposited from the buyer’s account. In fact, it is by no means possible to obtain a passport for another person for a fee paid in another name; Even if Tapu is in the second person name.
If you have a blood-borne or sexually transmitted disease, you will not be able to stay in Turkey under any circumstances.
You must not have any legal or criminal record.
10-year passport validity and the possibility of renewing it for the individual
Ability to use full and free government health services
Enjoy the benefits of a pension in Turkey
Voting right
Citizenship for spouse and children under 18 years
Possibility of having a government job
Travel to most countries of the world without a visa
And hundreds of other things you can read in the article on Turkish citizenship.
Among the benefits of obtaining Turkish citizenship:
Obtaining residence in Turkey by buying a property in Turkey
The conditions of residence in Turkey through the purchase of property are as follows: If the amount of capital is less than US $ 250,000, the buyer will be given a short-term residence in Turkey. You can also get temporary residence in Turkey by buying a property worth at least US $ 60,000. Of course, in this method, you will be granted a 3-year stay, which is a kind of tourist stay. This means that you will not be allowed to work in Turkey. If you can get hired and pay for your insurance, or start a company and hire 5 employees, you will get a job.
What are the property purchase laws in Turkey in 2021?
According to Turkish law in 2021, only a part of foreigners can buy property in Turkey, and Iran is one of the countries that are allowed to buy property in Turkey. According to these rules:
Foreign nationals are allowed to buy 30 hectares of land in the Republic of Turkey.
Foreign nationals will not have the right to own or rent the lands of the Republic of Turkey located in military-security areas.
Foreign nationals are only allowed to buy up to 10% of the land and property in each district / city.
Foreign nationals or legal entities registered outside Turkey are allowed to request installment purchases from reputable owners and financial institutions (banks). This is one of the rules of buying a house in Turkey that can be useful for you.
Foreigners who buy land to build property must do so within two years.
Iranians can buy any type of property, including land, houses and commercial property.
The minimum purchase price of a property in Turkey to obtain a passport is $ 250,000. (Purchased property should not be sold or transferred for 3 years in order to preserve a Turkish passport.)
By purchasing a property worth at least US $ 60,000, you can also obtain a 3-year tourist stay in this country, which can be extended up to 10 years under certain conditions.
If you, as a foreign investor, can buy a property worth US $ 500,000, you will no longer have to maintain it for up to three years. The process of obtaining a Turkish passport through the purchase of a property takes approximately 65 to 80 days.
Documents required to buy a property in Turkey
Passport
Two 4 * 3 photos
Get a local tax code
Opening an account in a Turkish bank after obtaining a tax code
Documents of your place of residence in your own country (such as electricity bill)
House price in Turkey (property purchase price in Turkey in Iranian currency)
The purchase price of a house in Turkey, like everywhere else in the world, depends on conditions such as:
Selected city and neighborhood
Old or new area
Distance from the sea (central or coastal area)
Type of housing (new or old housing)
Access to urban facilities including schools, hospitals, shopping malls
Access to urban transportation systems such as metro, metrobus and…
Property features: Normal apartment, estate or residence
Project construction company (some companies have a high reputation. Usually the projects that these companies start are of very high quality)
And …
The average house price in Turkey starts at around 300 million. If we want to compare the price of housing in Iran and Turkey, we must say that the price of real estate in Turkey is cheaper than in Iran. In Turkey, you can buy property with any budget.
For example, in small cities in Turkey, you can buy a house for about 500 million tomans in Iranian currency; And in the city of Istanbul, in middle-up neighborhoods like Kagithaneh, you can buy a newly built 100-meter two-bedroom house for three and a half billion tomans.
This price is much lower compared to Tehran, and with the same conditions, buying a house in the middle neighborhood of Tehran will be over four and a half billion tomans.
Purchase price of a second-hand apartment in Turkey
Most second-hand apartments in Turkey are bought and sold furnished. Buying and selling a second hand apartment is cheaper in many ways because it is cheaper. (Approximately 30% cheaper) The price of a second-hand one-bedroom apartment starts at 25,000 euros and a second-hand two-bedroom apartment starts at 35,000 euros.
The average purchase price of a second-hand apartment in Istanbul, Turkey is 500 euros per square meter. The purchase of kitchen utensils and furniture costs about 15,000 euros. But by buying a second-hand apartment in Turkey, you get it for free.
How not to buy expensive property in Turkey?
Since the purchase of property in Turkey reached its peak in 2021, many problems and concerns have arisen as a result. Examples of these problems include concerns about the purchase price of property and fears of high prices and fraud in this regard.
Many buyers looking to buy a home in Turkey do not know the pricing criteria and the average price in different regions; Meanwhile, profiteers seize the opportunity and dominate the property above the real value to the buyer. In such cases, the following points should be listened to:
Go to the real estate office and use the services of an expert to find out the real price of the property.
Using reputable and compassionate experts is the best way to buy a property at its real price.
When buying a property, calculate the growth rate of property prices in that area and, of course, the inflation rate.
Real estate in residential complexes is more valuable and will give you more profit later when you sell.
The more facilities in the area and the better the access, the higher the value of the property and the easier it will be to sell.
Risks of buying property in Turkey
It is good to explain the dangers of buying a property in Turkey.
1- Buying property owned by:
You may not believe it, but there are cases when people after a period of residence in the purchased property, face the real owners. Some owners have been away from their property for any reason. Some are the heirs of the previous owner. In these cases, having a real estate lawyer in Turkey is very helpful. Because it can confirm the authenticity of the document. Please consult with the consultants of the official iHomes company before buying; We are with you through a reputable Turkish lawyer.
2- Purchasing from travel agencies:
You have to keep in mind that the work of travel companies and travel agencies is the same as tourist services. Not buying real estate in other countries. Do not even seek help from travel companies as an intermediary.
3- Purchasing from unreliable companies:
Unfortunately, these companies exist both in our country and in Turkey. Be sure to check the necessary permits when buying a property. And get valid inquiries.
4- The illusion of obtaining a residence permit in Turkey by buying a cheap property
We will explain more about this in the following.
Buy Cheap Property In Turkey:
Buying cheap property is one of the biggest tricks to buying property in Turkey. As we said before, there is no cheap property in Turkey. In addition, you have to pay a certain amount to get a residence permit in Turkey by buying a house and any kind of property. So buying cheap property is practically useless. And remember that no discount is unreasonable.
Legal advice on buying a property in Turkey in 2021
1- Full identification of owner documents:
First, you must thoroughly and thoroughly review the identification documents and the power of attorney of the seller or the signers of the contract. If, on behalf of either party to the transaction, another person, as attorney or guardian, signs the contract, the information of the seller and the original owner must match the documents of the owner of the document.
2- It is forbidden for the parties to the transaction not to trade.
For example, a bankrupt person is not legally allowed to participate in any transaction.
3- Checking the status of the document:
If you see any ambiguity about the status of the title deed, please share it with the seller without hesitation.
4- Matching the property with its current condition:
It is important to look at the property being traded carefully before concluding a contract. If you see a defect, defect or defect in it, try to mention it in the transaction.
5- Determining the conditions for terminating the contract:
Be sure to do this. Because if there is a problem, you have a hand and you have a legal winner.
The consultants of the official iHomes company are by your side for any kind of advice and guidance in this field.
Statistics of property purchase in Turkey by Iranians
Maybe you know better yourself. Because this article has been mentioned many times in different media. That Iranians have been among the biggest fans of shopping in Turkey. The favorable weather conditions in Turkey, the closeness of the culture of the two countries, obtaining a Turkish passport, the more reasonable price of the lira than other currencies and receiving easy accommodation are among the reasons for the popularity of buying property in Iran by Iranians. The number of property purchases in Turkey by Iranians during the corona outbreak has increased even more than before!
According to the Turkish Statistics Center, Iranian citizens were the largest group of foreign buyers in Turkey in February 2021, buying 477 houses in Turkey.
After Iran, citizens of Iraq, Russia and Afghanistan were the most foreign buyers of houses in Turkey in 2021, respectively.
Note: The obligation to employ an official translator in purchasing the property
One of the conditions that must be observed when buying any property in Turkey is the use of an official and first-class Persian translator, approved by the Istanbul judiciary.
All Tapu offices throughout Turkey are required to use an official and first-class translator when transferring a document.
In addition, there are some things to keep in mind:
It is necessary for the translator to be first class and have the right to sign from the Istanbul judiciary, not a second class translator with the right to sign from notaries.
It is also a good idea to check the translator’s credentials, as it has sometimes been observed that real estate agencies use people who are fluent in Turkish only.
Additional note about transferring money to buy a property:
Bank transfers to buy property in Turkey
Transferring money to Turkey when buying property in this country for citizenship has always been one of the concerns of Iranians. Since there are many obstacles and restrictions for the international transfer of money to Iranians, it is recommended that:
First, open a bank account in Turkey in your own name (preferably in the Agricultural Bank).
Transfer the desired amount to your account from an exchange office, in cash or by remittance.
Finally, transfer the amount from your account to the seller’s account.
Transfer of property purchase for citizenship, without having a bank account in Turkey
As you know, to get Turkish citizenship you have to buy a property worth US $ 250. Now this amount can be transferred to the seller’s account in different ways. It is even possible to transfer this money in the following ways:
Transfer without having a bank account through institutions
Transfer in person to the seller account
Although this is a formal and legal transfer, it is interesting to note that opening an account in Turkey, having or not having a bank account does not interfere with this process. It is enough to deposit in the receipt:
Mention your name in the details field,
And in the description field, enter the property details.
In addition, it is always recommended that if you use such a method, always refer to reputable and reliable institutions.
Documents required to transfer the document
A photo of the previous owner
Two new owner photos
Buyer’s passport and its translated version in Istanbul Turkish
Property registration with the Turkish Earthquake Insurance Agency (dask)
Completion sheet and tax-toll settlement from the district municipality
Presence of an official translator approved by the Tapu Office
Confirmation of power of attorney by the judicial authorities (this section is for cases where instead of the owner and the buyer, their lawyers are in charge of performing the steps.)
Attention to area and share in the transfer of real estate in Turkey
One of the dangers of buying a property in Turkey, which should always be paid special attention to, is to pay attention to the area and share when transferring a property document in Turkey. In 2021, when property sales in Turkey are at their highest, scams are very likely to occur in the following cases:
In this type of abuse, the buyer pays the full amount of the document to the seller.
The buyer receives the document and assumes that he now owns 100% of the property.
But due to lack of fluency in Turkish and ignorance, he does not pay attention to the existence of the phrase TAM HISSE BEDELI (equivalent to 100% of the property share) in the text of the document.
In such cases, and in the absence of the above phrase, only a portion of the property lord’s share is assigned to you.
It is recommended that you always seek the help of a knowledgeable translator or experienced professional to transfer a real estate document in Turkey.
Ancillary costs of buying a property in Turkey
You should know that in addition to the cost of the property itself, ancillary costs such as a lawyer, notary, tax and… are also involved in the process of buying a property in Turkey. The costs of a lawyer and translator depend on the person you choose. The list of incidental expenses is as follows.
Real estate agency fee: 3.% of the purchase price of the property
2% of the buyer’s property must be paid by the buyer for the document and taxes and 2% by the seller.
The buyer must pay 1,500 lira to the notary public.
The Registration and Documentation Center must approve your translator (translator costs 700 lira)
Transfer transaction tax, 4.4%, is usually split 50/50 between the buyer and seller, based on the value of the property, not the purchase price. Each council has a list of estimated property values and uses them to calculate taxes.
Tapo registration fee: US $ 125
Cost of official documents: US $ 375
DASK insurance, the cost of insurance depends on the square meter of your property. For example: DASK for a two-bedroom apartment of 70 square meters is about $ 73 per year.
In addition to the costs listed in the table above, it is usually necessary to pay a fee to real estate agencies, as in Iran. This amount will be about 2% of the value of the purchased property. In addition, agencies will charge you for VAT services.
Is it possible to buy a house with a bank loan in Turkey?
First of all, as an applicant for a property loan, you must submit your application to the bank in question. The relevant bank, after reviewing the application and approving the property document, will sign a contract with you and finally pay the loan to the seller.
Of course, Turkish banks do not normally lend to those with Iranian passports. Some banks also provide banking services to Iranians and open accounts for them, but do not give them loans to buy a house.
Of course, there is another way to buy a house in Turkey without a loan, which is one of the ways to buy a house under construction. In this case, pay 20 to 30% of the cost of the house under construction in the first place and pay the rest in installments according to the agreed schedule. We will explain more about this in the following.
Buy property in installments in Turkey
Many companies may offer you to buy a property in installments and you will be tempted to buy the property you want in installments. This has advantages and disadvantages, which we will explain below.
Benefits of buying an installment house in Turkey
Less financial pressure on the buyer and increase purchasing power
The range of your choice increases and you can assume a two-bedroom apartment in installments instead of a one-bedroom apartment.
In some projects under construction, before the document is issued, sometimes the desired property can be exchanged for another property.
Sellers offer more options and privileges to attract the customer’s attention.
Disadvantages of buying a home in installments in Turkey
In most installment sales contracts, the document is usually delivered to the buyer after the installments are completed. During this period it will not be possible to exchange or sell the purchased property and the buyer may lose another better choice.
It is possible that the installment purchase will be affected by changes in terms and regulations (because the document will be issued after payment) and these changes may not be in the buyer’s favor. Complete fulfillment of all obligations by the builder by the end of the project is an issue that will sometimes be problematic.
Permanent changes in the exchange rate of the lira and the dollar against the toman can cause great financial losses for the buyer.
Who can buy property in Turkey?
Turkey allows foreign investors to buy property on the basis of reciprocity. This means that those countries that allow Turkish citizens to buy property in their country can buy property in Turkey on the principle of reciprocity. According to the same law, all EU citizens (except Belgium, Cyprus, the Czech Republic and Slovakia), the United States, Canada and other Asian and Latin American countries can buy property in Turkey. Iranian citizens can also buy property in Turkey.
Types of housing in Turkey
There are several types of housing in Turkey, which we will explain below.
Apartment houses
This style of house is familiar to almost everyone. And the Greshkat unit, or their co-conspirator, has more fans than the other classes.
Ordinary Sites
Ordinary estate houses are also called residential complexes that do not have many recreational amenities and only a green space and general security is considered for the complex.
Residence Sites
Residential sites also mean towers that have all the amenities of recreation, such as swimming pool, gym, etc., and in addition to total security, the blocks are independently guarded; And they may be built in a town space or several separate towers. The cheapest units are residential suites or units without a bedroom.
I suggest that you watch the clips produced by iHomes, which are on the company’s Instagram, at this link, to see the details of the residency projects.
Independent houses
Independent houses are villas that, as their name implies, are independent and do not share a building or other unit and are relatively expensive.
Comparison of property purchase in Iran and Turkey
Comparing the property market in Iran and Turkey is also very interesting. We have heard a lot that buying property in Turkey is much cheaper than in Iran and even the cost of the property is significantly lower. But how true is this statement?
Looking at the available statistics and information published in 2021, we can well understand the accuracy of this issue.
For example, the average purchase price of a house in Istanbul, Turkey, is about 4,000 lira per square meter, which is equivalent to about 12 million tomans in Iranian currency. Meanwhile, the average purchase price of a house in Tehran is about 30 million tomans per square meter.
Of course, it should be noted that the price range of houses in Istanbul is very wide and you can see prices lower and higher than the amount. But the situation is slightly different when it comes to renting a house. In our opinion, rental prices in Iran and Turkey are not much different from each other, although the range of rental housing in Turkey and Iran is very wide, but the main price difference can not be taken into account. But there is a very important issue here and it should not be overlooked is that the ratio of monthly income to rent in Turkey is much more logical than in Iran.
The best cities in Turkey to buy property
It has many different weather conditions, but which city is more suitable for buying property and investing. Which city in Turkey to choose to buy a property can vary depending on your purpose, budget and taste. In the following, we will introduce you to the best cities in Turkey to buy property and live in Turkey.
Buy property in Istanbul (purchase price of a house in Istanbul in Iranian currency)
Istanbul is one of the most touristic and crowded cities in Turkey. The bustle of this big city is one of the reasons for its popularity. Existence of many and various tourist places has made its tourism boom. Of course, houses in Istanbul are a bit more expensive than other cities in Turkey. The same is true of rent. But it is also easier to find work in Istanbul and wages are higher.
Although Istanbul is not the capital of Turkey, it can be said that it is the economic capital of Turkey; In a way, Istanbul can be compared to Tehran in terms of importance; And in times of economic downturn, it is usually more economical than other cities in Turkey and is one of the best cities to invest in.
The price of buying a house in Istanbul, Turkey, in Iranian currency
Istanbul is one of the most touristic and crowded cities in Turkey. The bustle of this big city is one of the reasons for its popularity. Existence of many and various tourist places has made its tourism boom. Of course, houses in Istanbul are a bit more expensive than other cities in Turkey. The same is true of rent. But it is also easier to find work in Istanbul and wages are higher.
Although Istanbul is not the capital of Turkey, it can be said that it is the economic capital of Turkey; In a way, Istanbul can be compared to Tehran in terms of importance; And in times of economic downturn, it is usually more economical than other cities in Turkey and is one of the best cities to invest in.
The price of buying a house in Istanbul, Turkey, in Iranian currency
The price per square meter is 4432 lira and in Iranian currency is 15 million tomans per square meter. In the city of Istanbul, in medium-sized neighborhoods such as Kaytane, you can buy a newly built 100-meter two-bedroom house for three and a half billion tomans or more.
Buy property in Ankara
Ankara is the capital of Turkey and the second largest city in Turkey. The tremendous growth of the construction industry in Ankara, which is also the capital and political and commercial center of Turkey, is one of the reasons for the city’s popularity for buying real estate. The existence of many new apartments and houses is another reason for this popularity.
Ankara is the best city for business and if you want to start a company or are looking for industrial and commercial work, Ankara is the best option. This city has a high level of security and is quite suitable for living in Turkey.
If you have settled in Turkey by purchasing a property in Ankara, you will be entitled to citizenship. You can use the educational and training services and health and pharmaceutical services of Ankara and Turkey with government tariffs.
The cost of buying a property in Ankara is 2900 lira per square meter and 9 million tomans per square meter in Iranian currency.
Buy a house in Izmir
Izmir is an ancient city and the third most populous city in Turkey. Its port has led to a good growth of trade and economic activities in it.
Izmir is the best place to have a simple life and businesses related to maritime trade
Among the reasons for Izmir’s popularity are its proximity to the Mediterranean coast, a strong international economy, a variety of religions, and a clean coastal climate. Izmir also has excellent conditions as a commercial, industrial and port city.
The average temperature in this city is between 14 and 18 degrees Celsius. The maximum temperature is 27 degrees and the lowest is 7 degrees Celsius. So it can be said that it has a good and temperate climate. Urban transportation is also very smooth and you rarely see traffic. This is important for buying property in Izmir because you no longer have to worry about getting into trouble for commuting.
According to statistics published in recent years, about 8,000 properties in Izmir have been sold to foreigners, which is a significant number. The cost of buying a property in Izmir is 3569 lira per square meter and 11 million tomans per square meter in Iranian currency.
Buy property in Antalya
Antalya, this coastal city, is higher than other cities in Turkey in terms of components such as social, cultural and economic development. Meanwhile, the price of a house in Antalya and its purchase conditions are among the most important concerns of foreign nationals.
Antalya is located in the Mediterranean region, in the east of Antalya are the cities of Mersin and Karaman, in the north Konya, Sparta and Bordur, in the west Mugla and in the south the Mediterranean Sea. it’s warm. This has made this city very popular. Alanya is one of the popular areas of Antalya.
This city is suitable for tourism and tourism. If you want to have a tourist-related business, living in Antalya is right for you. Also, this city has grown a lot among all Turkish cities for investing and buying real estate and has good facilities
Practical terms in buying property in Turkey
Tapu
Tapu is the name of a title deed in Turkey that indicates your rights to your property.
The official document of property in Turkey is called Tapu.
TAPU HARCI fee
When buying and selling a property, you will be charged a fee by the Tapo Office for the services provided in exchange for the transfer of the document. This amount will be notified to you by SMS, including the property tax, on the day the document is transferred. This amount must be paid first to complete the document transfer process. This amount is 4% of the total purchase cost.
Tapo and cadastre property registration
The Turkish Real Estate Registry is called the Tapu Office. After concluding a contract for the purchase or sale of real estate, you should refer to this office to begin the process of registering a real estate document.
The Tapo and Cadastre Office is the only official authority under the supervision of the Turkish government, which in fact guarantees the legality and transparency of transactions.
Notary offices
They are the same registrars for matters such as buying, selling, power of attorney matters, approving Turkish translations, and… you should go to the notary offices. The bodies that give translators the right to sign in Turkey are notaries. Notre Dame has offices all over Turkey.
Expertise report
The property valuation report based on the age of the building, neighborhood, property facilities and… provided by official experts is called expertise report. This report is mandatory for all foreign nationals in buying and selling real estate
Ipotek
A document that you owe to a bank or manufacturer, etc. is called a hypothetical. When buying a property, you must pay attention to the fact that the property you are buying does not have mortgages.
Area Net Property
Net area, all parts that can be set up and used and are surrounded by walls. In other words, the walls, under the cabinets, and all the places that we can not use usefully are not considered part of the net size.
Brut Area
In addition to the net area, the brute area also includes the owner’s share of the hallway, parking lot, common areas such as elevator, gym, etc.
When you buy, you buy the property with a gross area, and when you sell, you sell with the same area.
Is it necessary for the applicant to be present in Turkey to buy the property?
Buying a property in Turkey can be done in person or in person. In the offline model, you can present live and video conferencing projects, and then have to set up a power of attorney in Turkish format. To do this, there is only one notary in Tehran whose address you can get by contacting iHomes consultants.
Note that the power of attorney states that the client or the client company can only buy the property for you.
After giving the power of attorney, you must sign this power of attorney and then take it to the Turkish Consulate in Tehran for approval. And then sent by mail.
Sales by foreigners in Turkey
The issue of selling property to a foreign national is a topic about which there is misinformation, and this information causes suspicion and fear in people.
Including the following:
It is sometimes said that if you bought a property in Turkey, you could not sell it to the Turks, this is not true. There are no restrictions on the sale of a foreign national.
The main point is that if you have bought a property worth US $ 250,000 for the purpose of obtaining citizenship, you will not have the right to sell this property for 3 years, otherwise your citizenship will be revoked.
Also, if a foreign national intends to buy a property to obtain citizenship, he cannot buy it from a foreign national, and the owner of this property must be a Turk.
If, in certain circumstances, a foreign national intends to purchase property from another foreign national, they must first leave the document in the name of a person and then purchase from the person leaving.
Apart from these, there is no other restriction on buying and selling property for foreign nationals.
Steps to obtain residency in Turkey after documenting the property:
After applying, your residency process will begin.
If you have purchased property valued at $ 250,000 or more, you, your spouse and children under the age of 18 will be granted temporary residence for a maximum of three months.
If the value of your property is below this figure, but you want to get a residence permit after purchasing the property, you must go to your local municipality with a Tapu or the same official document, DASK or anti-earthquake insurance policy and a passport, and Tapu is a document as well as durability. Get your property numbered. After making an appointment, you will go to the immigration office on the day of the interview with these documents in hand and apply for temporary residence.
Usually, you will be granted a one-year residence permit in Turkey in the first instance, after which you can apply for an extension.
Issuance of title deed in the name of persons under 18 years of age in Turkey
In a word, it is possible and the document can be registered in the name of children or persons under 18 years of age when buying a property in Turkey; Of course, parental consent is a must. But in the meantime, you should pay attention to a few points that are taken from the law:
According to the law of the common province, the simultaneous presence of the parents is required to register the document at the Tapo office.
A document registered in the name of a person under the age of 18 must not be in debt or mortgaged by a bank or government.
Because people under the age of 18 are not “Rashid” under Turkish law, the law prohibits the registration of debtor and debtor documents in their name.
After registering the document in the name of persons under 18 years of age, it is not possible to obtain a loan from the bank with the help of that document.
Obligation whether the property purchased in Turkey is residential or not
When buying a property for the purpose of citizenship or residence in Turkey, whether it is residential or not, is a very important factor. notice that:
If your goal is citizenship
There is no need for the property to be residential. The property can be commercial or any other type, the only requirement is that it is worth $ 250,000 or more.
If your goal is to obtain residency
The property must be residential. The title deed of the property must state that it is residential and if it is commercial or of another type, it will not bring residence in Turkey.
Is it possible to transfer a property whose document is mortgaged by a bank in Turkey?
No, it is not possible to transfer such a document. Such documents are usually mortgaged by the bank due to borrowing and are so-called borrowers. The Tapo Office does not transfer such documents to others. It is recommended that you do not go to such properties when buying property in Turkey.
Is it possible to stay in Turkey by buying a property with documents that are mortgaged by a bank?
No, such documents are merely contractual or charter, and it is not possible to obtain Turkish residency or citizenship with such documents.
How to buy and sell a property that is mortgaged by a bank?
Mortgage documents that are mortgaged by the bank are transferred only in notaries and are so-called contractual. If you have purchased a property this way, you will not need to repay the loan and release the document.
Also, property that is mortgaged by a bank and you have bought it on a contract basis will not bring you Turkish residency or citizenship.