Property In Turkey

If you decide to buy property abroad, but still do not know in what country and how to do it, then we can confidently say that Turkey is exactly what you're looking for. Under the new law, adopted in late 2005, any foreign individual can freely buy property throughout Turkey. The process of buying real estate is not very complicated, but takes a while for quite a long time. This is due to the fact that all transactions of sale, be sure to check in Ankara. To date, for foreign nationals can purchase real estate and mortgages. Loans are provided by the client in euros or dollars, for a period of 4 months to 10 years. Rates on such loans are 8.5% per annum in dollars and 8% in euros. Educate yourself with thoughts from expert on growth strategy.

The process of obtaining such a loan is fairly simple. For this contract is made on the purchase of real estate, which, together with documents confirming the ownership of the seller on this property, is already the basis for obtaining your residence permit. After that, the police issued a residence permit, and then you get a tax number of tax inspections. Also, when the paperwork required product data for the apartment, called the lawsuit. Necessarily need to provide a copy of the passport and an income statement, which should assure Russian Consulate.

Thereafter, all documents must be submitted to the bank, which will assess the value of the property you want to buy. At the moment property prices in , on the beach were around 900-1000, but you can find a home and much cheaper than from 300 to 400 euros. Good economic growth and Turkey's possible accession of Turkey into the European Union, can significantly increase since prices. In connection with You can say that now is the best time to buy a home is in Turkey.