Are there any restrictions of buying a property as a foreigner in Turkey?
There are no restrictions for the properties we promote. However, there are restrictions in the rural areas and military zones. The diplomatic relations between Turkey and Syria, North Korea and Armenia is frozen . As some of the countries will not let a Turkish citizen to buy a property in that country, a citizen of that countries are not allowed to buy a property in Turkey. As for the Russian citizens a special permission is available to buy from the Ministry of Internal Affairs. (Disisleri Bakanligi)
Will the property be freehold?
Yes – the properties Esmeralda Real Estate sells in Turkey are ‘ Freehold’.
As a foreign company, can my company establish an investment company in Turkey?
Yes. Esmeralda Real Estate will help you establish an investment company in Turkey. Through this ‘Turkish company’ you will be able to arrange your investments.
Who sets the price of the property?
The developer will decide on the price of the property if it is a new development. The price you will pay, should be the same, regardless of agent commissions, even if you buy from a third party or directly from the developer.
Who can sell property in Turkey?
Anyone can sell their properties in Turkey but in touristic regions, jewelers, waiters and leather makers are known for property selling as well. With the experience of 20 years and happy customers in Real Estate Business, Esmeralda Real Estate Company is ready to work with you. Also Our company is registered with Chamber of Commerce of Alanya.
What is your fee as a real estate agency?
Three (3) percent of the property price is paid both by the buyer and the seller separately to the real estate agent.
Why should I use a real estate agent?
As a well established and professional company Esmeralda Real Estate will provide information and options on properties, and developers. A professional team will be by your reach 24/7 by phone or email.
Can foreigners loan money in Turkey?
Through Deniz Bank, Esmeralda Real Estate, in partnership with selected construction companies is offering a 50% LTV (Loan to Value) fixed rate mortgage at 5% over a 10 year re-payment period. Esmeralda Real Estate will help you to get best offer from the financial companies.
What is the title deed like?
Like all other property transactions, ‘Deed’ meaning ‘Tapu’ in Turkish, will be obtained through the Land and Registry office of the region of the property.