A Guide to Villa Ownership in Turkey - Izmir Estate

A Guide to Villa Ownership in Turkey

Villas are the number one form of housing for people who want a decent and comfortable life while not sacrificing any luxury. This form of property isn’t suitable for most people as it is not affordable for most, yet, properties in Turkey are low cost at this current time. If you are looking for villas in Turkey, we can help you in the process.

Why Should I Invest My Money in Turkey?

Affordable prices of villas because of Turkish Lira’s exchange rates of USD and Euro

Getting a residence permit by owning a villa

Having a villa in one of the most stunning holiday destinations

Low living costs

As the number of foreign buyers keeps growing, the government took some steps to buy properties easier.

Title Deed (Tapu)

A Turkish title deed, also known as a tapu, is a crucial document that establishes property ownership. Turkish title documents provide details on the property as well as the owner. The Tapu and Cadastre General Directorate provides them, registers them, and archives them.

Residency and Work Permit

Turkish house purchasers are now granted an automatic year-long residency permit in Turkey as part of the government’s effort to streamline the buying procedure for international property buyers. After your first year, you can renew your permission and get a permit valid for up to five years. The procedure for obtaining a residence permit is quite simple.  

If you want to work in Turkey, you need to get a work permit also. Your company needs to sponsor you. Don’t worry, because getting a work permit is also an easy process.

Documents

Apart from those, you will need some documents to own a villa in Turkey. 

As we stated before, the title deed of the property (Tapu)

Passport of the foreigner purchasing the property, as well as a photocopy of the passport

The applicable municipality must produce you a “Property Value Statement Document.”

One photo of the seller, two photos of the buyer

Compulsory earthquake insurance

If you cannot speak Turkish, a translator is required.

If the transfer is made with a power of attorney outside of Turkey, the original or certified copy of the power of attorney must be presented (Turkish translation of the power of attorney is required).

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