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Real estate residence in Turkey 2021

Real estate residence in Turkey 2021

Recently, the real estate market in Turkey has witnessed a huge demand from various nationalities around the world, and this is after Turkey provided many facilities for them and granted them many privileges. One of the most prominent advantages that will be obtained when buying property in Turkey is the real estate residence permit, which has been classified as one of the best types of residence permits that exist in Turkey at all. 
But how to obtain a real estate residence in Turkey? What conditions must be met? What are the most important advantages obtained through it? Many details related to this field can be discovered through the following article. 


The most important benefits and advantages that can be obtained through real estate residence in Turkey: 


-Through it, it is possible to legally reside on Turkish soil. 
-Real estate residency is not restricted to the property owner only, but all family members can obtain it as well, except for children over the age of eighteen. 
-The real estate residence permit can be easily renewed when it expires, but in this context it is worth noting that an application for renewal must be submitted 60 days before the old one expires. 
-Whoever holds the real estate residency will be able to freely move between the Turkish states, in addition to obtaining all the educational and medical services in which the state is distinguished, and which are accompanied by many discounts. 
-After eight years of real estate residency, you can apply for permanent residency, which is valid for life. 
- If the property is worth two hundred and fifty thousand US dollars or more, you can apply for Turkish citizenship, and then the property will be pledged not to sell the property before the lapse of three years from the date of its purchase. 
-Real estate residency intersects with tourist residency in a number of points, but real estate outperforms in terms of strength. 


Steps to obtaining a real estate residence in Turkey: 


1 - First, a property must be purchased in one of the Turkish states, and then a title deed must be obtained. 
2 - You must book an appointment online and then start preparing the required papers and documents. 
3- The interview must be attended in person or through an official agency. 
4- The papers and documents should be handed over to the responsible employee and then the fees imposed on the real estate residence should be paid. 
Finally, you must wait while the decision to approve the grant of residence is issued, and it will be sent to the address attached by post. 


The most important conditions for obtaining real estate residence in Turkey: 


- A property must be purchased without regard to its value, such as Turkish citizenship, and thus the investor is free to choose in accordance with his financial budget. 
-When buying a property, it must be registered within the title deed director’s department in order to obtain a title deed. 
-All required documents must be provided as follows: 
Real estate residence application paper / valid passport / entry visa to Turkish lands / earthquake insurance document / family book and personal photos / finally a document that proves that the owner of the property receives a stable and sufficient income. 


The reasons that drive many investors and people to obtain real estate residence in Turkey:


1 - Because Turkey has a booming and developed economy that contributes to transforming real estate into a growing portfolio, and it is expected that the demand for buying real estate in Turkey will increase in the coming days, it is expected to achieve a growth of ten percent by the end of this year. 
2 - Turkey enjoys political and social stability and seeks to improve its relations with many countries of the world. 
3 - Real estate prices in Turkey are encouraging and suitable for many budgets, and in this aspect it has been able to outperform many countries around the world, especially the European Union and the American countries. Not only that, but the favorable prices come with high quality and luxury. 
4 - The real estate market in Turkey is witnessing a wide diversity, and residential complexes are in the first place, as they attract those looking for properties for sale with their architectural styles and the services attached to them. 
5 - The many facilities provided by the Turkish government, such as reduced taxes and the ease of ownership procedures, in addition to the many guarantees provided, the most prominent of which is the real estate appraisal document, which prevents the buyer from being a victim of real estate fraud by accurately showing the price of the property. 
6 - It is possible to invest in real estate and obtain high investment returns, especially in the tourist seasons, as Turkey receives large numbers of people every year in order to visit archaeological and historical monuments and natural places. The best way to invest is by renting it. 
Many investors around the world prefer to buy property in Turkey in order to obtain a real estate residence that offers its holder a lot of privileges. It is a step towards a better life.

 

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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