After the political and economic stability that Turkey witnessed in recent years, which led to an increase in the number of arrivals to Turkey
With different goals, some went to Turkey for trade, and some of them intended for tourism and enjoying the beauty of Turkey and its tourist nature, and the largest part was for the purpose of real estate investment in Turkey, which positively affected the movement of the real estate market in Turkey, especially the movements of buying and selling apartments, which is a double-edged demand for most investors. Some want them for housing and stability In Turkey, some want them for commercial investment and profit.
Table of Contents
- Steps to buy apartments in Turkey:
- Advance planning and desires:
- Choosing a real estate agent in Turkey:
- On-the-ground visit to see the apartment:
- price negotiation:
- Signing the sales contract:
- Obtaining a tax number:
- Open bank account:
- Preparing government papers to complete the purchase of the apartment:
- Issuance of the title deed of the property:
- Apartment prices in Turkey:
Steps to buy apartments in Turkey:
The purchase of apartments in Turkey is a process that must pass through several stages and steps to ensure that the investor or those who wish to buy the apartment in Turkey will be legal and successful in the purchase process and achieve all the goals set for this process, as the Turkish government has greatly contributed to facilitating the process of real estate ownership in Turkey and for foreign investors who They found and achieved great successes in the real estate market in Turkey, and from here we can summarize the necessary steps to buy apartments:
Advance planning and desires:
At this stage, the investor must draw a road map and set a set of desires, aspirations and features that he wants in the apartment. He must:
To set the main objective of buying the apartment he wants to buy.
In addition to specifying the budget allocated for the purchase process.
He chooses the city in which he wants his apartment to be, and here it must be noted that the city is a key factor in determining the price of the apartment. The apartments in Ankara and Istanbul are characterized by high prices compared to other Turkish cities.
He chooses the area within the city, as choosing the area is very important for the purchase process, so the area must have a developed service structure, as it is one of the important things for the apartment and for determining its price.
He chooses the view, here the investor must choose the view of the apartment very carefully, as the view plays an important role in attracting investors in the future, because the investor is always looking for a property with a beautiful view, either on a beach, a water lake, or large green spaces, which raises the value of the apartment price in the real estate market in Turkey
He chooses the urban design that meets what he aspires to, and this is what distinguishes apartments in Turkey today if they are similar to apartments in European cities, especially Istanbul apartments in terms of modernity and advanced urban design from high-quality building materials and their ability to resist earthquakes and other features that they enjoy .
He chooses the finishes and decorations of his apartment, as it is also an important factor for the apartment, as it expresses the external view of the apartment. The more aesthetic there is, the greater the desire for the future sale of the apartment, and thus you can achieve a guaranteed profit from the sale process and obtain a high price.
He chooses the furniture for his apartment, where the apartment’s furniture consists of furniture, decorations and wall paint. The investor must choose the apartment with beautiful and modern furniture and in appropriate and consistent colors with the colors of the walls, which gives it aesthetics and affects the sale of the apartment at a more expensive and better price.
Choosing a real estate agent in Turkey:
After the specifications of the apartment that the investor wants to buy are determined, and the search process is done through real estate offices or real estate companies that help you in the search process until you get an apartment with more beautiful specifications, cheaper and more suitable prices, But before you choose a real estate office or a specific real estate company, you should ask about the best real estate companies in the region and go to them to deal with them, and this stage is considered the most important step in buying an apartment in Turkey. The investor must choose a real estate agent carefully, as the reputation of the real estate agent in the market, the quality of services and offers provided, to communicate with him and display the required desires and the initial agreement to see all the offers that meet the investor’s desires.
On-the-ground visit to see the apartment:
After the process of searching and choosing the real estate agent and choosing one of the offered apartments that meets the investor's desires, he has to go to the ground and see it closely and see its descriptions well before the purchase process is completed in full.
The buyer must inquire about the prices of apartments in the area in which he wants to invest and buy the apartment, and start the price negotiation with the owner of the apartment so that the role of the real estate agent comes in the negotiation round with the property owner,
Then he agrees with the property owner on the terms of sale and the final property value in the presence of the real estate agent, in order to pay a cash value for the seizure of this apartment until all the sale procedures are completed.
Signing the sales contract:
After the two parties fully agree on the price of the property and set the terms of the contract by mutual consent, the sale contract is concluded with a notary or a lawyer to ensure that it is not deceived or manipulated and that it does not cause real estate problems in the future.
Obtaining a tax number:
Here the investor must obtain a tax number from one of the tax departments in Turkey.
Open bank account:
At this stage, the investor must open his own bank account in one of the Turkish government banks and deposit a financial value in addition to submitting a copy of the translated passport - a translated copy of the electricity and water subscription bill to prove the residence address in the country of origin that entitles him to obtain a bank account of his own according to Turkish government laws.
Preparing government papers to complete the purchase of the apartment:
After obtaining the security approval and the tax number and opening a bank account for the investor, all government papers required for the process of transferring ownership of a property from one person to another are processed according to the provisions of the Turkish government instructions.
Issuance of the title deed of the property:
The title deed of the investor is obtained after submitting all the papers, including the sales contract that was made and paying the agreed payment amounts. The title deed (Tabu) is obtained and the process of buying apartments in Turkey ends, so that the investor becomes the owner of the apartment.
Apartment prices in Turkey:
What Turkey has experienced in the increase in the number of foreign investors in recent years has made its real estate market index high. We find that there is a great demand for real estate by foreign investors on the one hand and indigenous citizens on the other hand, which led to an increase in prices, especially the prices of apartments of old and modern residential types and house prices. But there is no doubt that each region of Turkey has its own peculiarity, in terms of the types of real estate, its features, services, and transportation. Therefore, we cannot set a specific and fixed price for the apartments in Turkey. Istanbul city apartments are more expensive than apartments in other Turkish cities. The price of the property, especially the apartments, is affected by a number of factors that determine the price of the property in the real estate market in Turkey.
If you are looking for the best real estate investment opportunities in Turkey, do not hesitate, because this wastes you a lot of unique and important opportunities. Just contact our real estate consultants to provide you with many opportunities and options that you will find suitable for you. Our relationships with the most important construction companies allow you to get Get discounts on the total price and on exclusive offers.