Apartments suitable for real estate residence in Turkey
Real estate residence is one of the best residences in Turkey, as the Turkish government has allowed foreign citizens to obtain residence in Turkey in exchange for buying an apartment. Therefore, in this article from Ebla Real Estate, we will talk about the apartments that are suitable for obtaining real estate residence in Turkey.
An introduction:
Real estate residence is an official document issued by the General Administration of Turkish Immigration and it is granted to foreigners who buy a residential property. It allows them to live, reside, invest in Turkey, do business and carry out daily activities without experiencing problems.
Conditions of obtaining real estate residence in Turkey 2023:
Those who wish to obtain real estate residency in Turkey must buy a property worth 75 thousand dollars onwards in major Turkish cities such as Istanbul, Ankara, Bursa, Mersin, Antalya, etc. However, the price of the property must be 50 thousand dollars onwards in smaller Turkish cities.. If the foreigner wants to obtain a real estate residence.
It should be noted that the real estate valuation report should be equal to the mentioned minimum value to ensure the extraction of a real estate residence permit.
The required documents to get real estate residency in Turkey.
- Title deed of the property (tapu).
- property earthquake insurance.
- A valid passport for a minimum period of six months.
- A family statement of children translated into Turkish and certified by the Turkish Embassy in the mother country.
- Health insurance in Turkish territory for each member of the family.
- 4 biometric personal photos.
Specifications of apartments suitable for real estate residence in Turkey:
That the apartment has a title deed and is ready to live in.
The price should be $75,000 or more, if the apartment is in one of Turkey’s major cities such as Istanbul and Ankara. Or its price is $50,000 if it is in the smaller cities in Turkey, such as Yalova and Bolu.
Not to be used for commercial, tourism or other purposes.
The apartment should not be located in an area prohibited for foreigners to reside, for example, Esenyurt in Istanbul.
Edited by: Ebla Group Real Estate
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