Real Estate Market Of Turkey

Real estate market of Turkey is a lucrative choice at any time. Especially, with the rising demand for real estate in Istanbul and many other flourishing Cities in Turkey, almost every foreign investor is looking for promising opportunities to put their money in this domain.

However, like all other investments, real estate investment should also be done keeping a few critical things in mind. Given the vitality of market demand, any promising opportunity can turn into a bad investment at any time.

Therefore, careful investment is always necessary no matter how growing and excellent the opportunity may seem. Once the market conditions change, the brightest opportunities take shelter in the dark.  Be it company formation in Turkey for real estate market of Turkey or any other work; consult the experts to keep your money safe.

When you discuss the matter of investment with the experts, be sure of asking the following questions to them. If you know the right question to ask and have the best person to answer them, you can invest wisely.

Are there restrictions there regarding foreign investment in Turkey’s real estate?

Turkey has very little restriction regarding foreign investment in the country. As long as you do not buy land or property in the Army areas or the villages, you can invest freely in apartments, villas, and more. Especially in urban centres, you will find several excellent opportunities for investment in real estate.

Can a foreign investor buy a freehold property in Turkey?

There remain several freehold properties ready for sale in Turkey. The city areas are full of opportunities for real estate investment or foreigners. However, it would be wise to consult the investment with an expert consultant before sealing a deal with the seller.

What is the list of documents required for real estate investments in Turkey?

Your passport and a few copies of passport-size photographs are what you need to begin the process. Once the entire set of documents and the deed for purchase gets translated into Turkish, the army will conduct verification for checking your background for criminal records.

They will also confirm the position of the area you are interested in to ensure that you do not end up buying an area controlled or possessed by the Army. For the rest of the documents, your consultant can help you at every step.

Will the real estate investment in Turkey bring me under two-way taxation?

Many people worry about paying taxes in their own country and Turkey. If your country has a signed treaty prohibiting double taxation, you do not have to pay taxes in both countries.

At Foreign Operation consultancy, the experts help the investors in every way they can. From company registration in Turkey to understanding the investment procedures, the experts guide the investors at every step to make their investment process hassle-free.

Get in touch with the experts today if you have been thinking of investing in Turkey’s real estate market for a long time since.