FAQ
Questions and Answers
Below are answers to frequently asked questions. If you haven't found the answer to your question, please contact us. Also, some information in Turkey is subject to change, laws are changing, and many other things are changing. So, if you have a particularly important question, please contact us directly, and we'll provide you with up-to-date information.
On obtaining a residence permit in Turkey after 2023 based on real estate ownership
Dear tourists!
We would like to warn you about the difficulties you may encounter when obtaining a tourist residence permit in Turkey based on property ownership. Despite the attractiveness of this opportunity, you should be prepared for the following aspects:
We recommend that you carefully review all aspects and requirements related to obtaining a tourist residence permit in Turkey based on property ownership before making a decision.
We are always glad to see you in our office located in the beautiful city of Kusadasi.
Consult with professionals who specialize in this field to ensure you have maximum protection and confidence throughout the process.
Travel to Turkey wisely and prepare for potential challenges to ensure your experience is as enjoyable and safe as possible.
Sincerely, Valery, https://realestate-turkey.info/
We would like to warn you about the difficulties you may encounter when obtaining a tourist residence permit in Turkey based on property ownership. Despite the attractiveness of this opportunity, you should be prepared for the following aspects:
- Legal Restrictions: Obtaining a tourist residence permit based on property ownership in Turkey may be subject to strict legal restrictions and requirements, including the mandatory ownership of real estate of a certain value and its registration.
- Bureaucratic Procedures: The process of obtaining a tourist residence permit involves complex bureaucratic procedures that can take a significant amount of time and require careful preparation of documents.
- Financial Costs: In addition to the cost of the property, there are additional financial costs to consider, such as taxes, fees, and attorney's fees.
- Changes in Legislation: Turkish legislation on migration and residence permits may be subject to change, which may affect the process of obtaining residency status.
We recommend that you carefully review all aspects and requirements related to obtaining a tourist residence permit in Turkey based on property ownership before making a decision.
We are always glad to see you in our office located in the beautiful city of Kusadasi.
Consult with professionals who specialize in this field to ensure you have maximum protection and confidence throughout the process.
Travel to Turkey wisely and prepare for potential challenges to ensure your experience is as enjoyable and safe as possible.
Sincerely, Valery, https://realestate-turkey.info/
What is the minimum required purchase price for real estate in Turkey?
You can simply purchase real estate in Turkey for any amount, but to obtain a residence permit from October 16, 2023, the purchase amount must be at least $200,000.
Do you need a visa to visit Turkey?
Türkiye is a visa-free country for most countries of the world.
Can a foreigner buy real estate in Turkey?
Of course, any foreigner can purchase real estate in Turkey, either independently or using our services.
What are the benefits of owning property in Turkey?
Besides legal ownership of real estate in Turkey, it's certainly a profitable and smart investment. Owning real estate in Turkey also gives you the opportunity to obtain a short-term (up to two years) residence permit in the country. After its expiration, you can reapply for an extension.
What are the other benefits of purchasing real estate in Turkey?
A wonderful Mediterranean climate, cheerful and friendly people, pristine nature with unique historical sites… Owning real estate in Turkey worth over 400,000 euros allows you to immediately apply for citizenship of this beautiful country.
Who carries out real estate purchase and sale transactions in Turkey?
All real estate purchase and sale transactions are carried out exclusively by the authorized body—the Cadastre and Tapu Department. After the real estate purchase is completed, a title deed (TAPU) is issued.
Is it possible to buy real estate in Turkey remotely?
Yes, you can. Contact us, and we'll explain the steps involved. We can help you buy real estate in Turkey remotely.
What other financial costs are there besides the purchase price of real estate in Turkey?
In addition to the cost of the property being purchased, there are several other unavoidable payments:
- One-time tax on the acquisition of real estate, which is 4% of the cadastral value of the acquired property
- For a foreign citizen, an expert opinion on the property being purchased will be required, which is within the range of 1300-1600 Turkish lira
- Also, if the buyer does not speak Turkish or English, the presence of a state-certified translator will be required during the transaction. The approximate cost is 450-600 Turkish lira
Is there a property tax in Turkey?
Yes, there is a property tax in Turkey. It is paid once a year and amounts to 0.2 to 0.6% of the property's cadastral value.
Will all utilities (water, gas, electricity) be available immediately after receiving the title deed?
No, utilities are typically disconnected at the property being sold. Once the title deed is received, we contact the relevant authorities, and utilities will be reconnected within 1-2 business days.
Is it possible to rent out your own property in Turkey?
Yes, property owners in Turkey can rent out their property. If it's a short-term rental, they must obtain the appropriate permit. If the rental period is one year or longer, no permit is required.
Is it possible to get a mortgage from a Turkish bank?
Yes, it is possible for a foreigner to obtain a mortgage from a Turkish bank, and we will be happy to assist you with this.
Can a foreigner buy a car in Turkey?
A foreigner with a residence permit can purchase a car in Turkey.
Can a foreigner purchase a watercraft (boat, motorboat, yacht) in Turkey?
Foreign citizens can purchase watercraft in Turkey. To do so, they must have a valid residence permit in the country.
