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five most important questions before buying houses in Turkey

five most important questions before buying houses in Turkey

The Turkish real estate market is the third most active real estate market in the world behind China and the United States of America, and despite the advanced real estate projects and the great facilities provided by the Turkish state to those wishing to invest in real estate, you may face a number of problems and obstacles that you can avoid by inquiring about What is good about the location of the property, the level of service available, its proximity to transportation, schools, mosques, issues related to obtaining residence and Turkish citizenship, asking about the company executing the project, the population mass, the number of properties a foreigner is allowed to own in Turkey, and the possibility of transferring cash through Islamic banks....as well as by dealing with trusted real estate companies that guarantee and guide you to complete various paper transactions and facilitate the process of transferring property ownership to your name. 
We will now mention the five most important questions that a person wishing to buy house in Turkey must inquire about before making the final purchase. 


First: What are the steps and procedures required to buy property in Turkey? 


The process of buying house in Turkey requires the following things: 
-A copy of the title deed of the house . 
-A plan showing the location of the house according to the plans of the municipality of the area to which the property is obtained. 
-The number of the property according to the plans of the municipality of the region. 
-Passport translation and attestation by the Notary {Notary Public}. 
-A document that includes earthquake insurance: It is a legal condition that must be obtained before you can complete the process of owning a property, unlike other real estate insurance operations where it is optional, but it is better to obtain it. 
-A document that includes an indication of the value of the property: It is a comprehensive and detailed report on the status of the property and its price in the market, the process of extracting it takes three days to a week and a financial amount of one thousand to two thousand Turkish liras. 
-A number of personal photos measuring 6×4. 
-Two witnesses to the contract of sale of the property with a skewed translator in the event that they do not master the Turkish language. 

 

buy a house in Turkey


Second: What are the guarantees provided by construction companies and what is the real estate insurance when buying house in Turkey?


It is important to inquire about the guarantees provided by the construction companies, starting with the construction as a whole and going through the most accurate details of the property, as it is necessary to inquire about the guarantees related to house paint, ceramics, wood doors and windows, and others. 
As for real estate insurance, it is a feature provided by the Turkish state that includes obtaining a sum of money not exceeding 150 thousand Turkish liras when the property is damaged as a result of natural disasters such as earthquakes and floods or accidents such as fires, theft and others, and in return; The property owner will pay a small amount of 200 Turkish liras annually. The Turkish state obliges the property owner to obtain an insurance document to be able to install water and electricity meters and obtain other services related to the property. 


Third: What is the actual plan of the building within which the property is to be purchased? 


A person may buy a property within a building surrounded by green spaces, and then be surprised by the establishment of other housing projects within these spaces because they are not included in the construction planning. Some also wish to inquire whether the residential project is equipped with service facilities such as a swimming pool and a children's club .... 


Fourth: Is there a possibility to have financial discounts on the price of the property in Turkey?


You should not trust the price offered for real estate in Turkey, as many of them are negotiable and can be reduced. When buying from one person to another, there is a large space for negotiation and reducing the price, but when buying from construction companies, prices are almost fixed and difficult to negotiate, then real estate companies can be used to negotiate the price due to their distinguished relations with construction companies. 

buy a house in Turkey

 


Fifth: How can the money be sent from any country to Turkey to complete the purchase process? 


This process has become very easy due to the availability of many regular and joint banks, such as the Turkish-Kuwaiti Joint Bank, as well as exchange companies, the most famous of which are Western Union and PTT.

 

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

 

Editing by Ramzy Real Estate Team ©

 

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