Due to the rapid development and economic renaissance in the Turkish market Advice Property Company was established in 2017 with a clear vision to create an integrated service system that serves Turkey’s visitors, including investors, tourists and students. Our services vary from real estate and investment services, in addition to legal services that include obtaining Turkish citizenship, establishing companies and obtaining residence permits of all kinds.
Advice Property company was established in 2017.
The main headquarter of Advice Property company is located in the center of Istanbul – Beylikduzu.
Advice Property provides many services to meet all the needs of its customers from all over the world :
Indeed, the urban transformation law has been enacted in Turkey in order to develop all old buildings, that are prone to falling as well as not resisting earthquakes, into civilized buildings that are resistant to earthquakes and natural disasters such as torrents and floods, Along with taking into account the preservation of public services and the improvement of environmental conditions surrounding residential buildings. Besides, the Turkish government aims to develop approximately 15 million properties under the urban transformation law, with a budget of more than 400 billion USD.
Moreover, the Turkish government encourages investors and real estate development companies to complete this huge project by providing many facilities, the most important of which is exempting construction companies from taxes, from the beginning of the project to its end.
What is more, the law aims to develop the property with the agreement of the owners for a specific period of time with the same specifications and old space while keeping a large building area for the construction company in order to cover the project costs and achieve a distinct profit margin.
Yes, foreign citizens have the right to own property inside the Turkish territory. Therefore, the Turkish Parliament issued a law granting the right to own real estate on any land of the Turkish Republic, canceling the principle of reciprocity, except for holders of passports from countries : Armenia-Cuba-North Korea-Nigeria.
Law number 35 of the land registration law number 2644 and amended by law number 6302, which allows foreigners to own property in Turkey, which allows foreigners to own property in Turkey.
Yes, the Syrian has the right to own property in Turkey, But in this case, he or she must own a company registered in his name in Turkey.
In fact, foreigners are allowed to own a maximum of 30 hectares, which equivalent to 300 thousand square meters in Turkey.
Further, foreigners are not entitled to own or rent property within a range of 400 meters from all military barracks of the Turkish army and strategic and security sites such as airports, sea ports, oil and energy stations, and other cultural as well as religious center of the Turkish state.
Furthermore, foreigner can buy real estate in a region or town with a maximum of 10% of the total land in this area or town.
Foreigners have the right to own all types of real estate in Turkey : “ residential – commercial – lands – farms – factories – schools … etc ”.
Yes, your company can own real estate in Turkey.
The property purchase procedures can be completed within one to two days as a maximum.
Yes, according to the Turkish law related to foreign ownership, more than on person without any family relationship has the right to own the same property, and the title of the property is registered in the name of each person.
This term refers to the owner’s absolute rights to the property, which means that he or she can inert, trade or lease it whenever he or she wishes.
When buying a property in Turkey, this includes ownership of the land. What is more, the ownership of the property is automatically inherited from the foreigner to the husband or wife or children.
In fact, the title deed “ Tabu “ ia a legal document, which proves that you have ownership rights over your property in Turkey. All official title deeds are registered in the real estate registry office.
The procedures for obtaining the title deed can take from 4 to 6 weeks after purchasing the property.
Yes, by delegating a legal agency through the Turkish embassy or consulate in your home country, or through a public notary if you are in Turkey.
The tax number is your own number that is sometimes asked for in legal and official transactions or to open a bank account in Turkey. Besides, this number can be obtained regardless of whether you have an official residence in Turkey or not.
So, it is obtained through ;
Mainly, real estate and land prices in Turkey vary to suit all budgets, but in general, real estate prices in istanbul are higher than other Turkish cities, of course, there are several factors that play a role in determining prices, for example; the building age, region, area, its proximity to the means of transportation, and many more other factors.
Edditionaly, real estate prices vary according to the region in which you want to buy a property, however, there is no minimum or maximum prices requirement.
Are government’s taxes equal for Turks and foreigners ?
Yes, definitely, the tax system is the same for both. Consequently, it is paid by theTurkish as well as the foreign alike, without any discrimination.
So, the value of the property registration and transfer tax is 4% of the property price, which is only paid once by the buyer after completing the purchase process. Further, it is paid to the Turkish state in the real estate month.
Moreover, in case that the purchase is in a project under construction, this tax shall be paid after the completion and the delivery of the project as well.
Yes, there are limited annual taxes on residential real estate reach about 0.002% of the property’s value.
In fact, the buyer and the seller pay 3% of the property’s value to the broker.
The annual tax for renting the property is 15% of annual rent.
Capital gains tax is only paid for selling the property during the first 5 years from the date of purchase. Along with this, it is calculated at 35% of the difference between the current value of the property and its value when it was sold the first time.
Besides, if any property is sold after 5 years from the date of its purchase, tax exemption is obtained by law as well as it becomes on the seller.
It is a monthly fee paid to the management of the complex or real estate in exchange for cleaning, maintenance and guarding services. In addition to, the use of the complex’s facilities such as swimming pools, gyms, saunas, etc.
It worth approximately 3-4 liras per square meter of the property’s area.
Yes, there are many local and international insurance companies.
Insurance against earthquakes and natural disasters, known as ‘’DASK’’, is a mandatory insurance and a legal condition that must be performed. What is more, insurance is made on the property after registering it and obtaining the title deed. Indeed, it is renewed annually and its value depends on the value of the property.
Yes, it is related to water, electricity, and gas subscription, and it is paid only once after receiving the property.
In addition to the monthly expenses related to electricity, gas, water, and internet bills, that concern the personal use.