The real estate investment sector in Turkey is witnessing continuous and increasing growth with the government support for this sector and the great assets owned by Turkey, which were the reason for the great demand for investors wishing to own property in Turkey and benefits from the advantages of owning and residing in Turkey, in this article we will answer a question asked by many on How to own property Real estate in Turkey, in addition to talking about one of the best and leading real estate companies in the field of real estate.
Conditions for owning a property in Turkey
Before talking about the steps of ownership, it is necessary to point out some of the conditions and restrictions imposed by Turkish law on foreigners when wanting to own property within Turkish land, which are:
● Turkish law allowed the foreign investor to buy and own 30 hectares of land throughout Turkey.
● Obtaining security approval.
● Turkish law does not allow ownership near any military and security areas.
● Turkish law has set the maximum limit allowed for the investor to own within 10% of the area that includes the property.
● Turkish law prevented some nationalities from owning property in Turkey, while setting more conditions for some other nationalities.
How to own a property in Turkey?
After achieving the conditions for real estate ownership in Turkey, the foreign investor begins to follow specific steps in order to obtain the property, which are:
1. Determine the purpose of owning the property
Where the goal that the investor seeks to achieve by owning a property in Turkey varies, the most important of which can be mentioned as follows:
● Applying for Turkish citizenship, which requires owning a property with a specific amount of money
● Obtaining real estate residency.
● Investing in real estate, such as renting apartments or commercial investment, and investing in providing services such as hospitals, hotels, and others.
● housing purpose investment, as many investors seek to obtain an opportunity to live in Turkey by owning a property and enjoying the beauty of Turkish nature, heritage and cultural heritage in it, in addition to the high level of services in various fields in Turkey.
2. Determine the budget
After defining the goal of ownership in Turkey, the amount of the budget allocated for this ownership must be determined so that the investor can accurately determine his request and search websites and real estate office sites for a property suitable for his budget.
3. Contacting a legal agent
This agent may be an acquaintance or a relative, but in most cases real estate offices or companies are contracted to be the legal agent, which must have experience and good knowledge of the real estate market as well as provide various real estate services and follow the legal and regular means of work, and here we find the name of Rayan Homes Real Estate Investment Company, the best real estate agent, to know on how to own a property in Turkey, and to have a unique real estate ownership opportunity.
4. Do real estate tours
Where it can be carried out by the investor himself if he is able to travel to Turkey, or it can be carried out by his legal agent through the joining in video call to see many options of real estate that suit the budget and the desired goal of ownership, as well as knowing the details of the property in terms of space, finishes, views, direction, and other details, to determine the appropriate option and property that meets the client’s need and ability.
5. Agreeing on the price, writing the contract, and paying the down payment
After picking the desired option for the investor, he pays part of the price of the property to reserve it until the full price is paid, and the procedures for transferring the property are completed through the legal agent extracting the required papers, then signing the ownership contract and properly registering it in the legal departments.
6. Paying for the property and obtaining ownership
Payment may be made in the presence of the investor or through a bank transfer according to specific and accurate steps to ensure that the price of the property is received, then the legal agent can extract the real estate title deed or full ownership
Thus, we clarified how to own a property in Turkey, and we will provide you with the best real estate company to be your way to owning a property in Turkey.
Ryan Homes Real Estate Investment Company is your best choice
Ryan Homes offers the best real estate services, as it is considered the leading and first company in the field of real estate investment, with its advantages, the most important of which are:
● Represents as an exceptional legal agent with its expert staff with long and deep experience in the real estate and legal field.
● Provide accurate and factual details of real estate options and offers to investors.
● provide all real estate services before and after the property ownership process.
● operates in legal ways, as it is a licensed company and works according to Turkish law to guarantee the rights of investors.
Search for the Ryan Homes Real Estate Investment Company website to obtain ownership in easy steps.