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February 19, 2023 | Viewed: 519

How to buy an apartment in Turkey?

Buying an apartment in Turkey is a great opportunity for those who dream of buying a home in a warm country. Today, Turkey is very popular among foreign investors. In this article, we will talk about how to buy an apartment in Turkey correctly.

Step 1: Decide where to buy

The first step before buying an apartment in Turkey is to decide where to buy. Turkey is a big country, and each of its regions is unique. If you prefer a sunny holiday on the coast, it is worth considering regions such as Antalya, Alanya, Marmaris and Fethiye. If you want to live in a big city, then Istanbul or Ankara is an ideal option.

Step 2: Explore the Real estate market

After you have decided on the place of purchase, the next step will be to study the real estate market. There are many real estate agencies in Turkey that sell apartments. Find several reputable agencies and study their offers. Compare prices and terms of sale and choose the agency with the best conditions.

Step 3: Get a Turkish Tax Identification Number

If you are not a Turkish citizen, you will need to obtain a Turkish Taxpayer Identification Number(TIN) before you can buy an apartment.This is necessary in order to register an apartment in your name and conclude a purchase and sale agreement.

Step 4: Prepare a purchase agreement

The purchase and sale agreement is an important document when buying an apartment in Turkey. The contract must be drawn up in Turkish and contain information about the seller, buyer, price, payment terms and transfer of ownership. To conclude a purchase and sale agreement, you must provide a copy of the Turkish taxpayer identification number and a passport. If you do not speak Turkish, it is recommended to seek the help of an interpreter or a lawyer.

Step 5: Payment of taxes and fees

After the conclusion of the purchase and sale agreement, taxes and fees must be paid. This is usually about 4% of the value of the property. These payments are made at the bank.

Step 6: Transfer of Ownership

After paying taxes and fees, you need to obtain a certificate of ownership (TAPU) for the apartment. This process takes from three to four weeks. You will need to sign a notarized application for notification of receipt of a certificate of ownership. After that, you will receive a document on the ownership of the apartment.

Step 7: Obtaining a visa and moving to a new place of residence

If you are not a Turkish citizen, you will need to obtain a visa to move. You can get a visa at the Turkish consulate in your country or upon arrival in Turkey. As soon as you get a visa, you will be able to move into a new apartment.

In conclusion, I want to say that it is very easy to buy an apartment in Turkey if you know how to do it correctly. Follow our instructions and buy an apartment in Turkey without any problems. Remember also that before buying an apartment in Turkey, you should consult with an expert who will help you make the right choice and avoid possible mistakes.

In addition, in order for the purchase of an apartment in Turkey to be successful, it is important to take into account not only the official side of the process, but also some nuances related to the culture and customs of Turkey. Here are some tips to help you make a successful purchase of an apartment in Turkey:

  1. Do not rush to make a choice. Turkey offers a wide range of apartments of different types and in different areas. Check out the offers on the market and choose the most suitable option.
  2. Explore the area where the apartment is located. Find out if it is located in the center or outside the city, what transport routes are nearby, what infrastructure is in the area.
  3. Pay attention to real estate from trusted developers. This will help to avoid fraud and substandard housing.
  4. Ask for help from specialists. The real estate market in Turkey employs professionals who can help you make the right choice and arrange all the documents.
  5. Study the Turkish legislation related to real estate. This will help to avoid problems in the future and make buying an apartment in Turkey as safe as possible.

Finally, one more important tip: do not forget about the financial aspects of buying an apartment in Turkey. Consider all the costs associated with the purchase, such as taxes, fees, legal services, as well as the cost of furnishing an apartment. Also consider taking out a mortgage or other type of loan to buy an apartment in Turkey.

As you can see, buying an apartment in Turkey can be successful if you follow not only the formal requirements, but also take into account the nuances associated with the culture and customs of the country. If you want to buy an apartment in Turkey, follow our advice and choose the appropriate option. Do not forget that it is important to seek the help of specialists and study the legislation of Turkey in order to make the purchase as safe and successful as possible.

We hope that this article will help you make the right choice when buying an apartment in Turkey. Do not forget that the main thing is to be carefully prepared and seek the help of professionals who will help you make the right choice and arrange all the necessary documents. Good luck buying a property in Turkey!

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