Home Property in Turkey
How to buy a house in Turkey?
Here you will find the detailed information about real estate purchasing in Turkey:
- the right way to choose the property and to effect the deal;
- property taxes and duties that should be paid;
- everything about home loans in Turkey;
- home property management and renting;
- rental, commercial properties and related investment properties.
Real estate for sale
Most recent offers from house owners in Turkey and from real estate agencies. Advertisements with the fixed price and auctions are listed here.
You can leave a comment and give advice to other visitors planning to buy a home in Turkey.
Buy real estate in the sunny Turkey, where there is summer all year round - a very tempting offer . Hot maritime climate has to rest , and the cost of housing is readily available .
What you need to know when buying property in Turkey
In order not to face the unpleasant experience of buying property in this sunny country , it is necessary first of all to find a good seller.
The Turks - enterprising people , so when buying a home should be very careful about choosing a realtor . The fact that a proposal to sell the property to you can literally turn the first counter - it is necessary to somehow detect their intentions . Do not listen to the seller's shop if he eagerly tells that one of his friend just sold an excellent apartment in a prestigious area.
Handle in a small local real estate agency is no less dangerous . It is possible that the staff of such agencies do not know the characteristics of residential sales to foreigners, and , perhaps, does not have a license.
Are professional real estate agents in Turkey have a broad base of listings , as well as have access to special offers . In addition , using the services of professionals , you can be assured of transparency and legality of the transaction .
How to buy property
Unlike most European countries, it is the Russians who want to purchase real estate, is favorable . There is no need to register a company to buy a house or apartment. In accordance with the law on foreigners buying property and the "principle of reciprocity" , buy an apartment or a house and place them in the ownership of the citizens of Europe are in Turkey freely.
The only restriction : the Russian individuals can not acquire ownership of land . For legal entities such restrictions do not exist, so if you want to buy the land , you can register a company in Turkey . This process usually takes no more than three days.
A citizen of the European Union may also enter into a contract with the developer of the site, pay for the cost of land and construction. After the approval process of the object municipality may renew the property together with a plot in his name.
When you purchase real estate in Turkey will have to incur one-time costs . Tax on registration of property rights amounts to 3 % of the total value of the transaction. Other costs are generally not exceed $ 200-300 .
The process of registration of the property in Turkey takes a long time : 2 to 6 months. Documents received for housing provided to the Turkish consulate, which issues a residence permit. The procedure itself is the purchase and sale of real estate in less than one day.
When making a purchase and sale of foreign buyer who does not know the language, have the right to ask for help a sworn translator.
Additional convenience when purchasing real estate - is the ubiquity of multi-currency : Turkish lira , euro, dollar , pound sterling. This way you will be able to settle in whatever order you currency.
Buying a house on credit
When buying real estate in the construction phase it is possible to obtain an interest-free loan for a period from the beginning to the end of construction.
There are also a number of construction companies that are affiliated with developers of Turkey. These companies provide interest-free installments after completion of 5 years.
Turkish banks give out loans to buy real estate to foreign citizens at reasonable interest rates. Credit should not be more than 65% of the market value of the item you want to purchase. It's nice that the maximum amount of the loan at most banks is limited only by the condition.
The loan may be issued by 5, 10 or 20 years, depending on the amount.
Features of the local property market
Buying Property in Turkey - a good choice in terms of investment projects. Large selection of proposals for the commercial real estate includes a variety of restaurants and hotels. This is not surprising, because Turkey is one of the most popular holiday destinations .
Residential real estate is represented here , basically, modern apartments in new buildings, many of them are studios. For those interested in a more unconventional suggestions, too, there are options.
Property prices depend on the location and type of the object. It is important to remember that even standing next to one type of homes that were built on the same construction company , housing costs can vary significantly. The reason lies not only in the number of rooms and amenities that prices can vary even from floor to floor .
Turkey is famous for not only marine but also ski resorts . Those who want to buy property in the mountains , you should pay attention to Uludag and Palandöken .
The seaside resort of Antalya is not less attractive. There is an international airport , so there is air service to many countries. Real estate prices in this popular area of Turkey is quite low . A significant drawback of this resort - a very hot climate, the Russian man here will be quite hard.
For those who are important to more favorable climatic conditions, suitable Alanya or Kemer . The cost of housing is also quite reasonable , but much cooler in the summer .
These resorts are located on the coast of the Mediterranean Sea, which is the most popular among our countrymen . In these cities have formed the whole Russian regions .
Europeans prefer to buy property in Turkey , located on the Aegean Sea. Here, the cost of housing is much higher , but the quality of life is completely different. You could say it's Aegean Coast - Cote d'Azur is the native Turkey.
In Istanbul, price spread is wide. The further away from the beach house , the cheaper it is .
In general, the real estate market in Turkey is quite diverse . Here you can find properties for every taste and for every budget .
When buying real estate
Peak season acquisition of property in Turkey has traditionally accounted for the autumn , the end of the influx of tourists .
In the summer of transactions on purchase and sale of real estate are very rare. Blame for this heatwave , which has absolutely no facilities for viewing and making important decisions.
On the other hand, if you do not mind excessively hot weather , to buy property in Turkey should be in the summer . At this time, due to the lack of excitement you can see in peaceful surroundings with suggestions and maybe find something of interest . It is possible that real estate prices in this period will be slightly below the autumn .