Residence Permit

Property purchasing procedure for foreigners in Turkey

In Turkey which is among the countries which is available for investment in real estate industry, the boom in the real estate industry has instigated the investors abroad.

All of them are thinking about making a right and reliable investment. They want to implement the vision and experience that they have obtained abroad in Turkey and buy real estate in the developing and expanding areas in the city.

What should we pay attention when buying a house in Turkey?

Experts make the following suggestions.

First, determine the location to buy the apartment. If you are buying an apartment for investment, investigate the potential development in that location, because the environment makes the apartment more valuable.

Do not hurry when buying an apartment. Investigate the prices in that neighbourhood. Compare the price of the apartment you are going to buy with the prices of other apartments in the area. Get professional help if required; because a real estate specialist would pay attention to many things that you do not.

Check which construction company has built the property!

First of all it is important that the company from which you will purchase the apartment has completed similar project previously and the companies which completed projects in which people live in the apartments without any problem, are happy and the relationship with the company continue without any problem after the delivery are successful companies. Check previously completed projects and take references.

First of all, you need to pay attention that the construction company is reliable and delivers the apartment on the promised date without any additional costs. If the construction project is approved, foundation is laid, building permit is obtained and construction servitude is established, you may have a title deed in the name of Construction Servitude Deed. Construction Servitude Deed, which is a certificate which indicates the place of the buyer in the building, is an authentic title deed and ensures your rights in the construction. Previous performance of the Contractors is quite a significant data.

Note these!

  • Check if the apartment you have purchased is the same as the apartment you liked at the title deeds office and municipality.
  • If the construction is not complete yet, get Construction Servitude Deed at least.
  • If you are purchasing an apartment which is under construction, obtaining Construction Servitude Deed will not suffice. Make a separate contract with the seller. In the contract, identify the delivery time of the apartment, materials to be used and the penal clause that the seller would be obliged to pay you in the event that the apartment is not delivered in time. In addition, include in the contract that the Construction Servitude will be turned into property ownership as a condition.
  • If the apartment you are going to buy is not completed yet, make sure that the apartment has Construction Servitude. If it has Construction Servitude, that means it has occupancy permit as well.

You should go to the Title Deeds Office where the residence or residence project to be purchased is registered and check the registry of the relevant property.

In this check, you should know;

  • Who owns the property,
  • Share ratios of the property,
  • If there is servitude (usufruct) on the property,
  • If there is mortgage on the property,
  • If there is injunction on the property which may prevent the sales,
  • If Construction Servitude is established or there is any obstacles preventing it,
  • If the independent section to be purchased is registered in the title deeds registry,
  • Surface area,
  • Management plan of the property,
  • Title deed annotations affixed by the land owner which are imposed on the contractor…
  • You should go to the municipality where the residence or residence project to be purchased is registered and examine the present registry of the property to be purchased at the related Town Planning Authority.

If you decided to buy a house in Turkey, you don’t need to bother. All you need to do is tell us your budget and the features of the property you want to buy. We will find the best house for your needs. If you want to buy this house, we will carry out the purchase procedures in accordance with Turkish Laws as 100% reliable by means of our solicitors.

Ata Kurumsal

Ata Institutional Consulting is a leading consultancy company in its field, with expert personnel, with 12 years of experience, providing residence permit, work permit, Turkish citizenship consultancy and corporate consultancy services to foreigners. Ata Instiutional Consultancy

40 Comments

  1. What a wonderful website.

    Please can a Student with a resident permit buy a property here in Turkey.
    Also what are the requirements for a good property worth $250,000

    With the above mentioned amount, would it be possible to get a Turkish citizenship
    with the aid of your company, as i have seen so many real estate advert online
    guaranteeing citizenship with a $250,000 worth of property purchase.

    Thanks

    1. Hello,

      Foreign students are allowed to purchase a property in Turkey. If you purchase a propertyv in value of 250.000 USD or more, you can acquire Turkish citizenship within only 4 months upon your investment. Our company provides services on every stage of Turkish Citizenship by Investment application. For details you can contact us at: info@expatguideturkey.com

      Kind Regards,

  2. I have a short stay resident permit ( Tourist Permit) which will expire in 2 months time, I have decided to stay permanetly in Turkey and Buy an Apartment between 35-40,000 usd. Please advice me is it possible for me to buy an Apartment with only 2 months left on my tourist permit and can i get a Permanent Resident Permit immediately i purchase the Property?

    1. Hello,
      Thank you for your comment.

      You can purchase a property even if your residence permit is about to be expired. Permanent residence permit is only given to foreigners who stay in Turkey for at least 8 years uninterruptedly. After you purchase a property you can directy obtain short-term residence permit for property owners, which will be later possible to extend. İf you need help to find property adapted to your budget or to get through the formalities regarding property purchase in Turkey, you can contact us at info@expatguideturkey.com or visit one of our offices.

      Best Regards,

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment.Click here

  3. Hello,
    This is Ali From Pakistan, I am interested in buying apartment in turkey my budget is around 65K USD, Kindly help me out the complete procedure of buying property i.e how to transfer my funds, how to open an bank account. how to contact well know realty experts… Kindly described here in details.

    Rgds.
    Ali

    1. Hello,
      Thank you for your comment.

      Our compny provides services regarding purchasing a property in Turkey and obtaining residence permit for property owners. You can contact us at: info@expatguideturkey.com and we will be glad to help you with all of the procedures.

      Kind Regards

    2. How can I check who own an apartment. Can anyone ask at the Tapu office? If so which information will ne needed?

      1. Hello,
        It is not possible to receive information regarding property ownership in Land Registry Office. Only the property owner or a person entitled by an owner with Power of Attorney can receive any information about property.

        Kind Regards,

        Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment Click here

  4. Hello,
    I’m a Bangladeshi planning to buy a land in Turkey with the budget of 80,000/100,000 USD and turn it to a farm to start a farm business.
    Am I allowed to do this kind of business and get a resident permit for 2 years? Can I renew the resident permit after it expires? If yes, can I renew it every year for a long term?

    Thanks

    1. Hello,
      Thank you for your comment.

      İf you buy a property or land for property in Turkey for 80-100.000 USD, you can obtain residence permit basing on your investment but you can not start farming business in Turkey as farming is on the list of occupations forbidden for foreigners in Turkey. You will be also able to renew your residence permit but to work in Turkey you will need to obtain work permit, residence permit does not give you the right to work.

      Kind Regards

      Your thoughts are important to us. Are you satisfied with the answers we have given to your questions? Please rate us and leave a comment. Click here

  5. Hi I have seen very active response on above FAQs: If i may:
    1. Can a foreigner buyer apply for the dependent permit or any supporting permit for their spouse and children once the property is bought and are there any age restrictions for the buyer the spouse or the children for the residence permit.
    2. If any one of them or all of them as per the policy were to stay more then 05 years on the 2 years residence extended twice program (on property residence) would they be eligible to apply for citizenship as i understand, if that is correct can the children (irrespective of birthplace and their residence) inherit or be eligible to apply for citizenship under any circumstances ?

    1. Hello,
      Thank you for your comment.

      İf you buy a property worth over 1.000.000$, you have a right to apply for Turkish citizenship basing on it if you follow all of the required procedures before buying the property. İn this case your spouse and children would also become Turkish citizens. İf value of the property is less than 1.000.000$, they would need to apply for residence permit independently.
      İf the buyer after 5 years becomes a citizen, their children inherit Turkish citizenship.

      Kind Regards

  6. Hi there and great to have found your website.
    I purchased some property for our retirement and hope you may be able to help me with some information and advice over this property I purchased in 2015 in the Fi Side Complex Bahcesehir Istanbul.
    Since the recent troubles, I am advised that this is now under the hands of the government run TMSF who have taken this project over.
    The problem I have is trying to find out what is going on with this and what recourse I have if any but attempts by email to the TMSF have remained unanswered.
    The sales company Nova estates who are based on the site keep changing completion dates and are becoming very unhelpful. I do have TABU and went with the company representative to the government office to take this on the day we paid the money.
    Would be grateful if you could guide me in the right direction as I am in the UK and looking forward to retiring their.
    Many thanks.

    1. Dear Barry,

      Thank you for your comment.

      Unfortunately, we can not help you in this situation. We think that you should contact a lawyer in this matter. We hope that the matter will be solved successfully.

      Kind Regards

  7. We are planning to buy property in turkey and to get 2 year residence permit.
    I just want to sure that is it compulsory to buy property of at least one million USD to get turkish 2 year residence permit?
    If it is not compulsory then please quote the minimum price of which we have to buy property to get 2 year residence permit of turkey.

    1. Dear Mr. Hamza,

      The real estate property of 1 million USD allows you to apply for Turkish citizenship and obtain it within short period of time. However if you only need a residence permit then the real estate which worth 50 000 USD will be sufficient for getting 2 years of residence permit. There is no real estate price limit restrictions for obtaining of residence permit.

      Thank you and have a good evening.

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