Guide on Buying Property in Turkey for Foreigners

On completion of the contract, you will be required to leave a holding deposit to secure the property – the minimum holding deposit accepted is £1,000 or the equivalent. At this point, a date will be set for you to pay the full deposit, which is usually 1% to 2% of the property’s purchase value. After signing a contract, the process should take around four weeks to complete. Your appointed lawyer will make all the necessary checks on the property, including title check and municipality check, to guarantee that the property is freehold registered in your name.
Our offices located in Cevizlibağ (İstanbul Europe), Göztepe (İstanbul Asia), Lara , Konyaaltı , Alanya, Belek, Bursa, Yalova, Trabzon, Ankara, Bodrum, and The Turkish Republic of Northern Cyprus. Simon Mitchell recently purchased an apartment in Antalya online. Unable to travel to Turkey due to Covid restrictions, Simon put his trust in Property Turkey and completed the purchase online. Finally being able to visit Turkey in September, Simon now has his Title Deed and a brand new home in Antalya to be completed in 2022.

Like many small businesses, Gravity takes care of its valuable customers, As a result, customers are happy and we are proud of it. To develop leads, your business development team should have strong relationships with your us. This helps your entire team to stay in touch and communicate effectively. Given this, and the fact that much public education is obviously taught in Turkish, you may choose to focus on private education with English as the language of instruction during your time in Turkey. Unless your child is bilingual, they may find that the language is a barrier to their understanding.
The most popular place for house sales to foreigners was Istanbul, with 2,922 sales, followed by the southern resort of Antalya and the capital Ankara. Property sales to foreigners have been strong throughout the year, rising 39.4% in the first 11 months, while total house sales actually fell 9.2% in the 11-month period, compared to a year earlier. The 7,363 homes sold to foreigners in November represented the highest monthly level since the data series began in 2013. By far the highest number of foreign buyers were Iranian citizens, followed by Iraqis and Russians. "We can reach $10 billion by the end of the year. The biggest support for the new economic programme in the period ahead will come from property sales to foreigners," he said.
Right in my price-range too — which was surprising given how big it was. Like everyone else, I was being priced out of my rented flat in central London, and was hoping I might get something that fit my budget in the Siberia of Zone 3. I turned to Roshele, the Foxtons agent who asked me to meet her here, with a view to moving in.

Between 2013 and 2021, Ekaterinburg won five EuroLeague titles. The Russian forces also continue to shell Nikopol, a city just across the Dnieper from the Zaporizhzhia nuclear power plant, the presidential office said. Nikopol’s gas pipelines, plumbing and power lines are no longer functioning, and thousands of people are left without electricity. The Russian forces also continue to shell Nikopol, a city just across the Dnipro river from the Zaporizhzhia nuclear power plant, the presidential office said.
Millions of people visit Istanbul for historical heritages and gorgeous scenic beauties. There are many arts, cultural and social activities for all ages. Most tourists prefer to buy their holiday homes in Istanbul so that they can visit whenever they can. Istanbul is such a unique city that it has always been the center of attention.

Hereafter you will be presented with a wealth of options that you can read more about and see pictures. You can also use our smart filtering options to find your new dream home. When it comes to investing in real estate, the answer varies depending on the type of property. Istanbul is a popular choice because of its affordable prices for foreign investors and high rental yields. Most Turkish properties have a minimum rental period of 12 months, so if you are looking for long-term growth, you may want to consider an investment in a housing project. Many investors also choose this location because of the low mortgage interest rates.
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For this, you should carefully set up your profile photo and other details, determine a WhatsApp communication line, and write down the features of the real estate completely. Although it is important to use a large number of photographs in the advertisements you will post on the real estate site, it is also important that each photo is taken in good quality and from the right angles. If you are going to enter a large number of images, you should get professional support in editing and layout if it’s necessary. In the long run, this will help you save a great deal of time and money. In the short term, hiring a Real Estate Agency Turkey will save you a great deal of money.

Firstly, the megacity meets all needs of an individual and family in daily life. Secondly, the low cost of living and job opportunities in Turkey attract foreigners. Property Turkey is the first and most updated with all the news about Turkey real state. So its our luck when we wanted to buy a property in Turkey, thankfully we just bumped into this company at first hand. I really appreciate their great team with full information, talented person with confidence, fast and very much knowledgeable about what they are doing. After months of inaccurate updates , Mr. Serkan stopped responding to our calls and messages; we were advised to speak with Mr. Salih instead.
I never thought about buying property in Istanbul , since I live outside of Turkey. She encouraged me to buy one as she have an excellent experience with the client advisor Hakan Onel. Hakan was able to help me tremendously in not only in picking the right apartment , but also walk me through each step . He facilitated the communication with the legal team and the developer. I am very grateful to have him as my agent and couldn't be happier with the way everything worked out.

Alternatively, traditional houses or village properties make good long-term investment projects. Before buying a property in the Turkish market, take into account the type of location you want and whether you’ll renovate it or add value to it. Only one network of agents represents the longest standing tastemaker in the world.

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