Legal issue
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To buy property in Turkey and be sure that everything is done correctly from a legal perspective, it is better to hire an appropriate professional. We will tell you how to choose the right lawyer who will help you purchase a residential property in Northern Cyprus. Content: At what stages you can’t do without a lawyer Stage 1. Choosing a...
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Buying real estate in Turkey involves getting a TAPU. Owners of properties in Northern Cyprus should also have it. What is this document? Content: What is a TAPU and what is it for? How do I get a TAPU? Several owners in a TAPU Frequently asked questions foreigners have about a TAPU Residential properties on sale in Northern Cyprus What...
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Foreigners can buy a shared ownership property in Turkey. Shared ownership properties for sale in Turkey are a new option that real estate companies have to offer. You become a rightful owner of a property while saving a lot. This a great option for those who are looking just for a holiday home (staying in a property for a certain period). When...
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Turkey attracts millions of tourists annually. Citizens of some countries are allowed to visit Turkey for a short period without a special permit. For instance, citizens of the USA, Canada, and most EU countries do not need a visa for a short-term visit of up to 60 days. However, those who plan to relocate to Turkey permanently may require more...
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When choosing a country for buying a property, you should also consider the size of tax fees and how the tax system works for foreign property owners. Turkey offers a much friendlier tax policy than many other countries and is a good choice for foreigners who are thinking of investing in overseas property. PROPERTY TAXES In Turkey, foreign and...
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ISKAN is a habitation certificate, which proves the right to use a property or its part (for example, an apartment in the residential complex) as a residential property. ISKAN contains the information about the property: the number of storeys, the number of apartments, the area of the property and many more. There are two types of this document:...
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IKAMET is an identification document of a foreigner who is living in Turkey. In other words, it is a kind of a residence permit, which you must have if you want to stay in Turkey for more than three months. For example, when you rent a property in Turkey. To get IKAMET you don't have to learn Turkish or register in the police every month. It...
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There are two types of property insurance in Turkey: mandatory Dogal Afet Sigortalari Kurumu (DASK) and voluntary. The mandatory insurance was introduced after the law № 587 "On compulsory insurance against earthquakes" was adopted in 1999. This is valid for buildings within the territory of municipalities. To ensure the financial stability of...
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When purchasing property in Turkey, opening an account with a local bank makes your stay in the country much more comfortable. With this account, you can receive money transfers, pay utility and telephone bills online, shop online on Turkish sites, top up your travel card, and etc. Many banks offer accounts in various currencies: Turkish lira, US...
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As soon as you have found your perfect home, it is time to deal with the actual property transaction, which includes several steps. Turkey offers a simplified procedure of buying a property to foreigners. However, you may face some challenges because of the language barrier and not knowing the local legislation. That is why to avoid any possible...
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