Buying property

When buying real estate in Turkey, it is important to consider not only its overall cost, but the price of its future maintenance as well. Aidat is a monthly maintenance fee in Turkish and it is governed by the law of condominiums. According to this law, only General Assembly of homeowners is to set the size of aidat. The board of the residential...

Is it expensive to maintain a property in Turkey

Buying property

When buying a property in Turkey, you should keep in mind that it will require running costs. They include: registering a title deed, TAPU; annual property tax; utility bills; monthly payment for property maintenance (aydat). The property tax is paid annually. The amount of tax payment is calculated based on the cadastral value. The tax...

What benefits buying property in Turkey gives you

Buying property

Residents of different countries are allowed to buy a property in Turkey. Buying a property gives some benefits. Obtaining a residence permit is one of the most important benefits. Foreigners who own a property in Turkey may apply for a residence permit and stay in the country for over 60 days and prolong their residence permit after that. If a...

Process of buying a home and what related expenses it involves

Buying property Legal issue

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...

Property prices in Turkey

Buying property

The property market in Turkey is considered one of the cheapest in Europe. Therefore, this destination is very popular among foreigners. Every year more and more people buy cheap property in Turkey. The most popular regions are Istanbul and the coastal line of Turkey, especially the Mediterranean resorts. As a rule, property here is more...

What is TAPU?

Buying property Legal issue

A Tapu is an official title deed verifying that you a rightful property owner. This certificate gives an owner legal title to the property and this title cannot be contested in court. A Tapu is issued by the Land Registry Office. Content: Types of TAPU and what the color of the document means What is a TAPU How to check a TAPU before the...

Do i need written consent from relatives to buy a property in Turkey?

Buying property Legal issue

No, there is no need to have written consent from your relatives. If you really want to buy a property in Turkey - you can do it without anybody’s permission. You do not need consent from relatives or your spouse to buy any property you have chosen, a villa or a penthouse or an apartment. Buying a property in Turkey without consent from your...

Can foreigners buy property in Turkey?

For foreign nationals Buying property

According to the Turkish real estate legislation, residents of over 180 countries can acquire properties in Turkey. In fact, the Turkish real estate market attracts a lot of foreign buyers. One of the reasons is that various payments and tax charges in Turkey are much lower than in the EU. For instance, property acquisition tax, which is 4% of the...

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