IS IT SAFE TO BUY REAL ESTATE IN TURKEY?

IS IT SAFE TO BUY REAL ESTATE IN TURKEY?
IS IT SAFE TO BUY REAL ESTATE IN TURKEY?
  • 23-09-2021 17:07

IS IT SAFE TO BUY REAL ESTATE IN TURKEY?

 

Turkey, which has become one of the most popular regions with the opportunities it offers foreign investors and the opportunity to become a citizen of the Republic of Turkey after investing $250,000, continues to attract the investments of more and more individuals and institutions. In particular, the rise in the dollar and euro increases the importance of investments in Turkey once again.

 

Turkey, which was preferred in the past due to the fact that real estate sales can be done at cheaper prices compared to other European countries, still today offers the best options in terms of value for money. By buying property in Turkey, investors from abroad can ensure that the fee they have paid will be refunded in the short term. In order to further increase the level of this mobility, construction companies organize discounts and various promotions for real estate that foreign investors can buy. This situation ensures both the development of the construction sector and the profit of investors.

 

During the period when real estate sales to foreigners in Turkey first started to increase, some foreign investors were subjected to scams. In the services offered to these people who don't know much about Turkey but want to invest, the properties sold were of lower quality than the properties promised. The discovery that a property had been sold to more than one investor prompted foreign investors to close Turkey's book early. Such situations, while having a negative impact on the construction industry, also led to real estate agents being under suspicion.

 

The Government of the Republic of Turkey has taken a number of measures to prevent such scams and ensure proper home sales to foreigners. Thanks to these measures, fraudulent activities in the sale of apartments have been subject to severe penalties. This process has allowed home sales to foreigners to be more honest. The measures taken ensured that a foreign investor could easily own a property in Turkey, while incentives such as citizenship of the Republic of Turkey encouraged investors to make such purchases.

 

Today there is no obstacle for foreign investors to purchase apartments, jobs, land and similar real estate from any point within the borders of the Republic of Turkey and without any restrictions. Real estate companies providing services to foreign investors in this regard help foreign investors to acquire real estate quickly by paying the required price for the property.

 

HOW FOREIGN INVESTORS BUY PROPERTY FROM TURKEY

 

When a foreign investor is considering investing and buying real estate in Turkey, he can first find out about the work by meeting with real estate companies who have knowledgeable and reliable lawyers who have sold real estate many times. One of the most important studies offered to foreign investors is title deed research. Employees of the real estate companies applied for carry out preliminary studies on the real estate that is likely to be acquired. This stage examines whether the prospective property has any debt, whether it will be submitted to the bank as collateral, and the like. If there are no problems with these works, foreign investors can easily own real estate after collecting various documents.

 

REMOVED MILITARY AUTHORIZATION FOR HOUSE SALES TO FOREIGNERS

 

In the past, if foreign investors wanted to buy property in any region of Turkey, they first had to obtain a military permit. This was because foreign investors were not allowed to invest near military areas. The granting of these permits varied between 3 months and 1 year. After the changes in 2012, this process was reduced to 2 days. Thus, foreign investors were encouraged to purchase real estate.

 

As 2clicks.io, we have been bringing investors and real estate consultants together since our inception to ensure a secure investment. We take care of all the work with the lawyers in our organization, we offer a wide range of services from tax number, bank account, water and electricity subscriptions, home insurance to the selection of any item to include in the house. You can also contact us to benefit from these services of our company 2clicks.io and find answers to your questions and you can benefit from our real estate works in a short time after our meeting.

 

WHAT IS THE EARTHQUAKE REGULATION FOR BUILDINGS IN TURKEY

 

In Turkey, which is in the earthquake zone and has experienced many severe earthquakes in the past, many people have died from the earthquake so far. The destructive power of the earthquakes also revealed the inferior quality of materials and workmanship used in the construction of the building. Based on the prepared decree to reduce the effects of earthquakes, it was decided to build the houses in the earthquake area according to the earthquake decree. Contractors could face up to 5 years in prison if they failed to comply with this rule. The earthquake ordinance states that the building is very earthquake resistant and is less likely to be damaged in an earthquake than other structures not manufactured in accordance with the earthquake ordinances. The buildings erected today are offered to customers in an earthquake-proof manner.

 

WHAT SHOULD BE CONSIDERED WHEN BUYING A HOUSE?

 

Foreign investors considering buying a home should first clearly determine the home budget, examine the home options in detail, compare the asking price for a property with prices of equivalent properties, find out whether there is a mortgage or foreclosure on the property whether the building has been newly painted, checking for moisture, examining proximity to transport and social areas, checking apartment layout and neighborly relations, checking the terms of the lease if there is a tenant in the house .

 

If you are considering working with a real estate company as a foreign investor, you can manage your investments more professionally by obtaining information about the past activities of the real estate company you wish to work with. A look at many details such as working hours of real estate companies in the industry, acquaintances who have already worked with this company, offices of the company and the website minimizes the possibility of problems. Being able to contact companies directly and answer any question is one of the most desirable features in real estate companies.

 

As 2clicks.io, we continue to provide our clients with the highest quality real estate consulting services and offer an investment opportunity by preventing possible problems that our clients may encounter. We carry out our work professionally and continue to offer our customers the best service.

 

You can also contact us to benefit from the privileges of 2clicks.io, after our meeting you can learn about investment opportunities all over Turkey, invest in Turkey in a short time and enjoy the benefits. Within 2clicks.io you get services from lawyers who are experts in their field and translators and you can make sure that legal issues are solved professionally. You can find answers to all your questions from our staff providing translation services in Arabic, Persian, English, Dutch, French, Swedish, Russian, German, Spanish and Chinese.

 

Call now to invest in Turkey and reap the benefits of Turkey's development.