There are several reasons why residents of Istanbul need a Turkish bank account – the most obvious being that it is required for most residence permit types. Besides that, it is always handy to have a bank account for e-transfers, direct deposits, and just for generally avoiding carrying large amounts of cash. Although the process may differ […]
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 […]
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 reduced to $250,000 instead of $1.000.000 for obtaining Turkish citizenship […]
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 […]
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 […]
1: Time Frame Many buyers, especially those from the UK, are quite surprised at how quick a sale happens. The timeframe depends on circumstances i.e. whether finances are in place, and the type of home you purchase such as new build, off-plan, or a furnished resale, but some sales go through in as little as […]
Turkish citizenship has become very attractive in recent years. In 2018, the minimum required investment was reduced.Furthermore, the whole citizenship process lasts just approximately 2-3 months. The main applicant may include their spouse, dependent children below the age of 18, and children of any age who are living with disabilities in their application. Required […]
Vibrant and Improved Economy Turkey’s economy was on the verge of collapse when the new millennium began, but during the last years, the country’s economy has been gradually improving. There has been an increase in employment and income. The field of foreign trade and investment in Turkey is also constantly developing. Turkey’s largest trading […]
The process of buying property for foreigners is simple and debugged over many years, even though it requires preparing a certain set of documents. The following are documents that Izmir Estate Agency will prepare and check independently and those for which we can help you to complete the formalities. Documents that Izmir Estate will prepare […]
TAPU is a document confirming the right of ownership to the acquired real estate in Turkey. It is this document that confirms the transaction and only after it is obtained you are recognized as the full owner of the Turkish real estate. In Turkey, the only official state body performing and controlling the processing of […]
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