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Steps to buy a villa in Turkey

Steps to buy a villa in Turkey

Villas are one of the most important types of real estate, as those who want to live in peace are looking for it, and these villas are often located in coastal areas or rural areas, there are a large number of foreign investors come to buy a villa in Turkey and they do not know where to start searching for a villa and in which city they should buy, and what are the steps to buy a villa, especially since the prices of villas vary from a city to another, and from one region to another within the city itself, and villas in Turkey are characterized by diversity in terms of different designs, whether external and internal designs, as well as in spaces and styles and also prices that start from 500 thousand dollars and exceed 25 million dollars in some cities, and the price depends on a number of criteria, including the city, the area or district, proximity to the sea, the condition of the villa and its age in terms of the number of years of construction, and other factors that affect at the price of the villa, in this The article will focus on the steps of buying villas in Turkey, to be a guide for the investor on how to fully own a villa in Turkey.

 

When you want to buy a villa in Turkey follow these steps :

1- The purpose of buying the villa

Before buying, you must first determine the purpose of the villa and the approximate budget for this purpose. Is the purpose for living and stability, or for spending the summer vacations, or for investment in rent, and also the investor should determine the specifications of the villa based on the purpose of its purchase, whether the number of rooms in the villa, if he wants it within a complex or separate villa, ready to move or under construction, and other specifications that he is looking for.

2- Gathering information

It is preferable for the investor to collect information about Turkish cities and their nature, whether by himself or through a real estate agency, as these companies provide the investor with all information about the city, areas, offers, and prices, and in light of these information the investor can make a comparison between these cities, and in this case, he can choose the most suitable city for him in terms of specifications that match with what he is looking for.

3- Hiring a real estate consultant

The foreign investor should ask for the assistance of a real estate agency or consultant because of its great role in saving the investor’s time and giving him accurate information about the offers they present, and they will advise him about the best places to buy in Turkey, as well as the services provided by these companies before, during and after the purchase process, avoid exposure to any fraud, as well as their full knowledge of all legal procedures and the necessary papers while purchase process, and real estate agencies play an important role in making the purchase process very smoothly, because they are fully aware of the laws and legal aspects related to property contracts, especially since some deals that take place without attendance a real estate consultant may later lead to disputes or losses, also the real estate consultant also arranges field visits with the client to see offered villas that suit the client and make a full explanation of the areas where the villa is located and the services of this area as well as schools, universities and the advantages of the area, and other details that may concern the investor until he make his mind up and choose the desired villa.

4- Check the specifications of the villa before buying

You have to make sure of the actual value of the villa so as not to be exposed to fraud, and to make sure that the requested price matches the specifications, and there are a number of factors that affect at the price such as the gross area of the villa, its proximity to the public transportation network, in addition to the view of the villa, especially if it is close to the sea, which is an important factor in determining the price of the villa. Moreover, the age of the building and its age, whether it is old or new, the new building is considered more expensive than the old one because it is less consuming, and finally there is an important factor that affects at the price of the villa, which is the finishes.

5- Preparing the required documents

There are some documents and papers that the client or investor must have before completing the purchase process including:

Documents that the investor must complete when purchasing a property, including:

  • A copy of the investor’s passport that translated and certified at the notary.
  • The tax number is extracted from the Tax Department.
  • Four biometric personal photos (at white background) of the buyer, to be inserted at the title deed.
  • A copy of the preliminary contract of sale (in case the purchase is through a construction company to buy an apartment in installments or cash, the primary purchase contract is required until the ownership is transferred from the company to the investor, provided that the contract is in both Turkish and the buyer’s native language.
  • A bank account at one of the banks operating in Turkey, in which the investor deposits his money in dollars in the bank before converting it to Turkish Lira, as it is required that purchasing process should be made through banks.
  • A transaction document (and this document was created by the state at the end of 2021, it is a bank document that the buyer transfers his money from dollars to Turkish lira and then the buyer transfers the purchase amount later from his account to the construction company or the person selling the property, and the state obliged the investor to attach it among the required documents.
  • A copy of the building permit for the project.
  • A copy of the original title deed of the property to its first owner, whether a company or a person, before transferring its ownership to the new buyer
  • An insurance policy for the property against natural disasters such as earthquakes, known as the (DUSK).
  • Although these papers are known to everyone, but how to extract and obtain these papers and it must be prepared before a period of real estate registration.

6- Issuing the title deed of the villa

The client or the real estate consultant must obtain the title deed of the villa he purchased by reserving an appointment at the title deed department of the district of the villa, and pay the title deed fees that is about 4% of the value of the villa, as well as pay the value-added tax, which may reach 18% of the value of the villa, in case its net area is larger than 250 sqm.

 

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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