Real Estate Commission in Turkey 2023; The commission rate of real estate companies is determined by the regulations on real estate trade. In this regulation, real estate sales commission is defined as “2% + VAT (20%) of the sales price” and is collected separately from the buyer and seller. On the other hand, the real estate commission, which is 4% in total, can only be paid by the buyer or seller if...
Istanbul and Antalya ranked first in housing sales to foreigners Foreigners continued to welcome the purchase of housing in Turkey, January-October period of this year, 65.2% of housing sales to foreigners in Turkey came from Istanbul and Antalya. Turkey Statistics Center data according domestic first 10 months of the year the number of houses sold to foreigners in general was 31 423, 65.2% of which...
Frequently Asked Questions about Immovable Purchases by Foreigners in Turkey and more... 1. How many years have foreigners been able to buy real estate? Foreigners can buy real estate in all periods of power since the Republic, including Ataturk. 2. Have foreign real persons recently purchased real estate? Foreign individuals bought real estate from 1868 to 1914 before the Republic. After the...
What are the immovable property acquisition processes of foreigners? The foreigners, after they decided on the immovable property to be purchased by them, start the transaction by applying to the directorate of land registry personally or through their agents. Transaction starts after the application is accepted and the transaction documents are checked in the land registry directorate. SMS...
2020 international housing sales statistics There was a significant increase in housing sales to international investors in the first two months of 2020 compared to the previous year. However, with the pandemic, sales started to decline as of March. In June, the upward momentum returned. There was an increase of more than 93 percent in the sales of houses sold to international investors in June compared...
Which countries prefers Turkey? Real estate they have taken foreign investors from Turkey increasing day by day. Compared to the first quarter of 2020, there was a significant increase compared to 2019. Well, most of which countries are taking real estate in Turkey? The statistics of the houses sold in the first quarter of 2019 and 2020 comparisons appeared. Despite the epidemic in the light of the land...