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How is the transfer of ownership done?

The case of buying fully cash. - Reservation of an appointment in the real estate registry office in the municipality to which the real estate is to be purchased and a submission of all required documents. - A text message will reach the transaction number to pay the fees and ownership tax, which is 4% of the price of the apartment, to be paid equally between the seller and the buyer - The seller...

What is the real estate residence in Turkey, what are the conditions for obtaining it, and what are its advantages

t is a short residence that is renewed every period granted to foreigners who gained a property or several ones in Turkey. It is usually granted for one year and the owner’s wife and his children under the age of 18 can also obtain real estate residence as escorts to the landlord who is the owner of the property. The most important conditions for obtaining them include: -The foreigner owns a...

Is the foreigner owner of the property in Turkey entitled to inherit? 

Turkish law allows foreigners to own property in Turkey for various nationalities around the world except for some nationalities that are not entitled to own in Turkey citizenship ( Syrian, Armenian,  Cypriot, Cuban,  North Korean).  Anyone who is entitled to own property in Turkey certainly has the right to inherit the property and other assets after death, so there is no obstacle for...

What are the expectations for the real estate market in Turkey?

Most real estate experts such as) HSBC, Knight Frank, KPMG, Deloitte, Bloomberg (are expecting that real estate prices in Alanya will continue to rise for the next five years for the following reasons: The good condition of the Turkish economy in general.• The soaring up numbers of tourists visiting Turkey annually.• The continuous rise of property purchasing by foreigners in Turkey.• Due to the...

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