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 Turkish 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. […]
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 […]
One-time expenses when processing Tapu: 1) The tax at the registration of title is 4.0% of the value of the property specified in Tapu, which is often underestimated, not real. The payment for it is made at a state bank, the expenses are typically borne by the Buyer. 2) Expenses associated with the registration of […]
Payment by installments from the developer is a popular type of lending of foreign citizens in Turkey. Real estate buyers are often not able to quickly gather a big amount of money to pay for a property they purchase, or they do not want to spend all the savings at once. In this case, Turkish […]
Many of us would like to have their own “cozy corner” on the sunny Mediterranean coast, where, being tired of the hustle and bustle of the daily routine, you can get away for a little while, forget about the intrusive reality, plunge not only in the tender sea, but also in the serenity, beauty and […]
Health insurance and medical care. Of course, for each of us the health aspect is the most important and of the highest priority compared to other ones. Therefore, while outside your home country, especially for a long period of time or permanent residence, it is necessary to obtain an assurance of competent medical care. Given […]
The acquisition of any real estate is a serious investment. Of course, we plan to use the property happily and for a long time. However, we all are not eternal. So, what will happen to it when we are gone? Who will be allowed to live there? After all, becoming a rightful heir is quite […]
Of course, we all know that when buying real property in Turkey, the most important document is — the TAPU. However, when choosing real estate there is another important point that many do not know or forget: has the property been approved by the state committee? The confirmation that a property has been approved by […]
The first law that allowed foreign natural persons to acquire real estate in Turkey was passed as part of the general Tapu Act of December 22, 1934 under paragraph 35. According to Article 35 of Property Act No. 2644 of December 22, 1934 with subsequent amendments and additions, “foreign individuals and trading companies forming a […]