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The importance of the real estate appraisal document for buying real estate in Turkey

The importance of the real estate appraisal document for buying real estate in Turkey

First 
What is the real estate appraisal document in Turkey: 


When wanting to start a new real estate investment in Turkey, it is necessary to read the concept of the real estate evaluation document - it is considered a necessary condition when buying a property in Turkey and that is because it was established in order to guarantee the rights of foreign or local investors, and accordingly, an application has been imposed. Obtaining a real estate appraisal document and valuing real estate in Turkey before selling or buying them according to Turkish law, and in case you are wondering what the real estate appraisal document is or how real estate is evaluated in Turkey, it can be defined as a detailed report and this report includes comprehensive information It concerns the status of the property that is being evaluated and based on this report it is possible to know the market price of this property and the real estate evaluation in Turkey is performed by companies specializing in the process of valuing real estate in Turkey, and each of these companies holds a legal license authorizing it to carry out this task and owns Real estate appraisal document Another name is the real estate appraisal document in Turkey. 


Second 
How to obtain a real estate evaluation document in Turkey: 


The real estate appraisal document can be obtained in Turkey in a record period of time, because because of the great importance that this document enjoys and because it has become a mandatory condition for all sales and purchases of real estate in Turkey for foreign investors, the Turkish government has sought to facilitate and speed up procedures In fact, the process of extracting this document does not take more than three days or seven days, maximum from the date you submit an application to the company that specializes in the real estate valuation process in Turkey, and this time is consumed in the process of receiving the real estate appraisal report via mail and enjoys The real estate appraisal document in Turkey has a validity of up to three months, starting from the date of its first issuance, and it is valid for use for an unlimited number of times, meaning it is valid for use as long as its validity is still valid without any restrictions. 


Third 
Conditions for accepting the real estate evaluation document in Turkey: 


The real estate appraisal document is very important for the purchase of real estate in Turkey, and therefore it must fulfill a set of conditions that have been imposed by the Turkish government in order to ensure its credibility and its ability to guarantee the rights of investors as it cannot accept any document For real estate evaluation unless it is issued by a company specialized in the process of real estate valuation in Turkey, and this company must have a legal license and approved by the Turkish government, and accordingly, any document issued by unlicensed individuals or real estate companies is considered null and void. It is recognized and cannot complete the sale process, and the real estate appraisal document must have a date not exceeding three months, and any document possessing a date earlier than this period since its first issuance is considered invalid and expired. 


Fourthly 
The importance of the real estate appraisal document in Turkey: 


The Turkish government did not impose a real estate appraisal document without a convincing reason, as the great importance of this document is due to the fact that it offers several fundamental benefits, the most important of which is preventing foreign investors from being exposed to fraud and fraud, as the need for a real estate evaluation document is due to the need to be careful Protecting these foreign investors from fraudsters who may take advantage of their lack of experience in the real estate market in Turkey during their search for a property in Turkey and make them pay huge sums of money for properties that may not be worth this price or cost or that may not have the standards or desires that these investors are looking for. . 
In addition, the real estate appraisal document works to raise the level of investment safety in real estate in Turkey, as the investors knowledge that there are factors that work to secure their protection and ensure their rights will contribute to raising the level of customer and investor confidence in Turkey's real estate, which will work in the future to attract more These are foreign investors because the most important factor that many of them are looking for is credibility and trust in order to feel safe when choosing a property and paying for it. 


It can be said that the most important goal of enforcing the application of the real estate appraisal document in Turkey for the Turkish government is to ensure that real estate meets the necessary conditions in order to obtain Turkish citizenship by buying a property in Turkey as this method has become very common, not and Rather, it is preferred by foreign investors wishing to enter the real estate market in Turkey in order to invest and achieve investment returns on the one hand and to obtain Turkish citizenship on the other hand. The property used for this purpose must fulfill a set of conditions, the most important of which is that its price is not less than two hundred and fifty thousand dollars. Otherwise, the property will not be valid in order to apply for Turkish citizenship, and therefore the existence of a real estate evaluation document that provides the actual and real price of the property without tampering ensures that the Turkish government will ensure that this property fulfills the conditions that it has previously imposed on those who wish. To obtain Turkish citizenship by purchasing a property in Turkey.

 

 

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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