Purchasing real estate in Istanbul is one of the best investment opportunities in the world. Of course, buying property in this city and country may be difficult for foreigners who are unfamiliar with the market. However, because of its extensive experience in the field of property acquisition in Turkey, Prime Property Partner will assist you in purchasing your property in Istanbul in just 7 steps.
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It is preferable to have a good idea of what you want from buying a property before speaking with your Prime Property Partner sales experts.
For this, you must first establish a positive relationship with your real estate agent.
If you can't communicate with your advisor about your needs and priorities for buying in Turkey, they won't understand them.
During the phone calls, emails, and the first meeting before the sightseeing tours, you will be presented with a wide range of properties in Istanbul, and now you must decide on the best of these choices.
Go on a tour of the properties that you liked out of the options presented to you by the sales expert.
It does not matter whether you are buying property in Istanbul as an investment, for citizenship, for retirement, etc. Prime Property Partner, as your advisor, will negotiate with the sellers to get the best terms and the best prices for you. Since Prime Property Partner as an international company has extensive connections and communication, we can get you good discounts from builders, developers, and sellers.
We work with both buyers and sellers directly. There are no middlemen involved. Before signing the contract, we ensure that every detail has been reviewed and mutually agreed upon.
We make certain that you receive your property under the following conditions:
Debt-free
After you have found your property, be it a house, apartment, or villa, it is time to reserve it to complete the rest of the buying process. You will have to pay a deposit of between 5,000 dollars/euros for the seller to take the property you have chosen off the market; this amount is included in the purchase price, so it will be deducted from the rest of the payment. If you change your mind and decide not to buy the property, the deposit is gone.
Also, We prepare the official sales contract in your preferred language, complete with all the details. The down payment must be made within 1 to 4 weeks of contract signing. On average, the amount is between 30% and 50% of the selling price. The balance is paid at the time of title deed conveyance.
Legal procedures are required to complete the purchase of property in Istanbul. To begin, you must obtain a Turkish tax identification number. A passport is sufficient to obtain a tax identification number. It should be noted that Prime Property Partner will be with you throughout the entire process.
Another requirement for purchasing property in Istanbul, Turkey is the opening of a bank account. We will open this account for you; it should be noted that you will use this bank account to make all payments related to the purchase.
An appraisal report is required in all real estate sales to foreign buyers in Turkey to confirm the property's actual value. For accurate and safe appraisals, we work with government-approved appraisers.
If you do not have time to handle these legal transactions, you can give power of attorney to us, your lawyer, or a legal representative.
After signing the contract, it takes approximately 4 weeks to complete the purchase process. Your lawyer will take care of checking the documents and the property and make sure that the property is registered in your name.
After all legal steps and conditions of the contract are fulfilled by both parties, seller, and buyer, your property will be registered in your name and you will receive the title deed for your new property in Turkey.
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First Name
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Last Name
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Phone Number
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How can an agent help?
FAQ about Buying property in Istanbul
1. How do I find my ideal house in Istanbul?
With 300+ properties in Istanbul, the Prime Property Partner website is one of your best choices for buying properties in Istanbul.
2. Can foreigners buy real estate in Istanbul?
Foreigners are allowed to buy land and property in Turkey in their own names, as long as the properties are in towns rather than villages, rural areas, or military zones.
3. Can I get citizenship by buying property in Turkey?
Obtaining Turkish citizenship through property investment is one of the least expensive and fastest ways to get a second passport. By buying property for $400,000+, an investor is eligible to apply for Turkey citizenship. The passport is normally granted 6–8 months after the application.
4. Is it safe to purchase a property in Turkey?
Many people wonder if it is safe to invest in Turkish real estate. The answer is, yes. It can also be a very lucrative investment.
5. Who can not buy property in Turkey?
Citizens from nearly every country in the world can purchase property in Turkey. Buyers from the United Kingdom, Europe, the United States, and the Middle East are among them. In fact, citizens of only five countries are barred from purchasing property in Turkey: Syria, Armenia, North Korea, Nigeria, and Cuba.