In Turkey, the only official state body performing and controlling the processing of paperwork for purchased real estate is the Office of Cadastre and Tapu. It is this organization that is the state guarantor of the legality and transparency of a transaction. What are the procedures? After the conclusion of the contract and performance of […]
Required Documents for Turkish Citizenship Application are: For Main Application; Valid Passport Soft copy of Biometric passport photos (Size should be 50 mm X 60 mm, white background and patternless.) Birth Certificate In its content, the mother’s name, father’s name, date of birth, place of birth, nationality should be clearly stated. Marital Status Certificate This […]
For those who wish to apply for a residence permit in Turkey, a minimum value has been announced. Family residence permits and short-term permits can now be secured by the purchase of immovable property worth 75.000$. The Presidency of Migration Management of Turkey indicated that this will lay under Section B of Article 31 of […]
In order to ease the financial burden of earthquakes after the Izmit earthquake in 1999, Compulsory Earthquake Insurance (DASK) was implemented in Turkey. What is DASK earthquake insurance? It is a type of insurance created to cover damages caused by earthquakes and protect against physical damages such as landslides, tsunamis and fires caused by […]
Investing in real estate can be a lucrative venture, but it requires informed, intelligent decisions rather than following your instincts or emotions. To be successful in real estate investment, you need to establish your budget, list your key essentials, research the market, and understand market trends. Knowing What You Want Before making a real estate […]
Property sales value is the amount of money paid by the buyer in exchange for a property. There are a number of factors like area, property features, and the age of the property for determining the best value for property for sale. But, the finalizing factor for the sales price is the negotiation between the […]
There are several reasons why foreign residents of Turkey need a Turkish bank account. The most important one is that it’s needed for obtaining specific permits. Additionally, it’s always useful to have a bank account for things like transfers, and direct deposits, and avoid the need to carry large amounts of cash. While the process […]
When researching Turkish properties for sale or rent, you keep seeing addition sums like 1+0, 3+1, 4+2, etc. If you have ever wondered what the + means on the property advertisements in Turkey, we have the answer: In Turkey, the number of rooms is given separately. The first part of “the sum” is showing the […]
There may be damages that may occur in the case of renting immovable properties such as residences or workplaces. The deposit is expressed as the money or valuable papers requested by the landlord from the tenant in order to secure these losses. So is the deposit refundable? In which cases does the deposit not be […]
You have to annotate a commitment in the title deed office that you are not going to sell the real estate(s) for three years after the real estate transfer process. Three years holding commitment may be annotated either at the same time with the title deed transfer or after the title deed transfer. If you are buying […]
Turkish Citizenship Increased to 400,000 USD with the New Regulation! In line with the decision taken at the Presidential Cabinet meeting on April 12, 2022, the minimum real estate purchase value for Turkish citizenship applications is increased from $250,000 to $400,000. In the regulations made in 2018, the minimum real estate purchase limit had been […]
Those who do house advertisement research frequently encounter the expressions “net and gross house”. We searched for answers to questions such as: What are the differences between Net m2 and gross m2 in this article? How is each calculated? Those who want to buy a new house frequently encounter the expressions of net and gross […]