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Published 20 December 2023
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Buying Property in Turkey Get Lawyers & Legal Services

By OMRAN ALAKKAD at The Guide Real Estate
Buying Property in Turkey Get Lawyers & Legal Services

Renowned for its rich cultural legacy, picturesque climate, and warm hospitality, Turkey stands out as an ideal destination for contemporary living. Boasting a harmonious blend of ancient charm and modern allure, the country beckons individuals with a myriad of investment avenues, promising career prospects, and top-notch infrastructure. Turkey's allure extends across the globe, enticing people from diverse backgrounds to explore the possibility of acquiring citizenship in this captivating nation.

The exceptional healthcare amenities, tuition-free education, and a superior quality of life at an affordable cost are compelling factors that drive individuals to seek citizenship in this remarkable destination. Additionally, holding a Turkish passport opens the door to visa-free travel to 110 countries, enhancing the appeal of becoming a citizen. With various pathways available to attain Turkish citizenship, prospective individuals have diverse options to explore.

the best option is believed to be investing in properties. Acquiring real estate valued at a minimum of USD 400,000 stands as the preferred method for foreign investors seeking Turkish citizenship. The flexibility of this approach allows individuals to invest in a variety of property types, ranging from residential homes and land to commercial properties, apartments, and even industrial premises.


What to keep in mind while buying a property?

  • Start with legal guidance: Foreigners should have legal assistance from the beginning for insights into property and tax laws.

 

  • The neighbourhood: Although there is no dearth of good investment opportunities in the country, having an expert by your side can make things easier. It’s always good to be assisted on where and how to buy property in Turkey.

 

• Document verification: We strongly advise thorough scrutiny of all documents before making a purchase. Our professional team ensures a seamless transaction process.

• Property inspection: Beyond document analysis, property verification is crucial. Rely on our consultants to provide detailed insights into the structure and amenities.

• Transaction process: Our legal team reviews and refines the contract, ensuring document verification before your final signature.

 

The investment program

The investment program extends beyond the applicant, encompassing the entire family. Opting for Turkish citizenship through real estate allows you the flexibility to invest in a single property or multiple properties, provided they are held for at least 3 years before any potential sale.

Once you've conducted thorough research and selected a property, it's crucial to engage with a trustworthy agent to gain insights into the area before finalizing the purchase. Following negotiations on price and terms, securing legal assistance becomes imperative for a smooth acquisition, navigating property and tax laws seamlessly.



Why do you need a legal professional?

Similar to any location, acquiring property in Turkey involves various legal considerations, encompassing land register law, the Turkish civil code, Turkish property legislation, and the notary process. Below are compelling reasons why engaging a legal professional is essential when purchasing property in Turkey:

 

• Paperwork Ease: The abundance of formalities and paperwork in the local language necessitates the assistance of an English-speaking lawyer for a smoother process.

• Security Assurance: The property purchase journey is time-consuming, and fluctuations in social, economic, and commercial landscapes may occur. Legal guidance safeguards against potential impacts.

• Due Diligence Support: Physical presence is often required during various stages of the purchase process. For overseas buyers unable to attend personally, legal representation becomes invaluable.

• Broker Management: Errors in selecting a real estate agent can lead to complications, but having a legal professional mitigates potential issues.

• Taxation Handling: Foreign property buyers may encounter various taxes at different stages. With a solicitor by your side, the taxation process becomes more manageable—from purchase to ownership, and through sale and inheritance transactions.

The Guide Real Estate is there to help!

Turkish real estate stands out on the global stage, and with the right legal guidance, your purchase can be a seamless experience. A trustworthy attorney ensures peace of mind, efficiently navigating you through the entire process.

With over a decade of experience in the Turkish real estate market, The Guide Real Estate prioritizes the well-being of our clients. Our expertise extends beyond market insights—we provide consultations for both purchase and sale transactions. Our comprehensive legal service system supports you at every stage, with our legal professionals standing by your side

throughout the application, documentation, purchase, and taxation processes.

What are our unique offerings?

• Complimentary initial legal guidance

• Support in preparing essential documents for real estate transactions

• Verification of property ownership

• Examination of potential encumbrances

• Tax advisory services

• Drafting of contracts and notary deeds

• Thorough review of all transaction documents, including those from third parties, to safeguard your interests

• Legal assistance during notary transfer of ownership rights in property transactions

• Provision of any additional legal services tailored to each specific case

Looking to own a property in Turkey? Click here so we can help you make your dream come true with the right consultation on the purchase and sale.

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