Since the Turkish government allowed foreign investors to buy real estate in Turkey remotely by doing a power of attorney  to a resident in Turkey who will be able to complete the process on behalf of the buyer, today we are going to explain how to do pwer attorney.First, go to the Turkish embassy or consulate located in the yourcity, bringing the following documents:• A copy of the identity card of the person entrusted with it, clearly indicating the national number• A valid passport• 4 biometric photos• Preparing a form for the power of attorney...
One of the most important types of investment in Turkey is investment in serviced apartments  in order to take advantage from the strong tourist in Turkey is investing in tourism leasing.Serviced Apartments: are fully furnished apartments with hotel services available in it and investing in serviced apartments means buying apartments match serviced apartments criteria and rent it for tourists either for long or short term. but what are the evenues of this investment?Investment in serviced aparetments , achieves a percentage of profits annually that reaches between 8 and 15% of the property value. This is due to the...
Despite the fluctuate of the Turkish lira exchange rate against the US dollar changed,  Real estate prices did not change, especially move-in-ready ones, as these properties were created earlier, but in cases the seller may ask for a higher price after signing the contract. so When the seller can change or raise the price of the property?The sale contract includes the information of the both parties, the seller and buyer,  in addition to property specifications. It also includes the price of the property, which was agreed upon between the seller and the buyer. It also includes the payment method...
One of the most modern and huge Turkish projects.. The Istanbul Water Canal project, what does investing in this Istanbul Canal project mean, that is what we are going to talk about.The project is still on the plans, as it is a water canal, parallel to the Bosphorus, with a length of 45 km, a depth of 25 km, and an initial width of 400 m, but it may reach to1 km. The canal starts- according to the plans - from Küçükçekmece Lake and ends in the Black Sea. Thus, the European section of Istanbul will be divided into...
Only for Algerians:TheTurkish Airlines announced a statement explaining that the electronic visa for Algerian citizenship of the "C1" category has been canceled and replaced with the traditional one online.Requested Documents:A copy of the passportA Biometric photo.Turkeydar Real Estate Company: Certified agent for the most important constructions in Turkey, Antalya.
Because of the real estate sector development in Turkey and attracting investors from many countries, fraud and swindling spread widely, so some people cheat the investor, taking advantage of his lack of knowledge of the buying and selling real estate issues in Turkey or the Turkish law, so we offer you the most prominent methods used by fraudsters to trap investors in their frauds .1- Real estate owner charecter scam : It is one of the most common ways where the fraudster presents himself as the owner of the property and has all the forged documets to prove this,...
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Despite the spread of fraud and scam cases, there are still some simple ways that can help the investor not to fall in scam.First, paying attention to not paying any amount before starting the legal procedures or transferring the down payment according to a clause mentioned in the sales contract.The property must be seen and inspected more than once and not to be waived permanently.Not to sign any document before reading it well and knowing all the items mentioned in it clearly, with attention not to abide by only what was mentioned in the documentsAsking about...
Real estate prices in Turkey are acceptable and reasonable compared to real estate prices in Europe and many other countries, but what are the factors on which the determination of real estate prices in Turkey is based?1- Location: The first factor is the location, as real estate prices vary from one area to another and from one province to another, as well as the distance from public services and facilities, as real estate prices are in rich-facilities areas, which include many construction and real estate projects , are usually higher than real estate prices in other areas that do...
As we recentely talked about the Turkish e-devlet portal and how to create an account on it. Today we will talk about an easier way, which is the e-devlet application that has become in service.The Turkish government has provided this application to facilitate electronic procedures through the e-devlet website, as the application is available in the Google Play store for Android devices and Apple for IOS devices, nothing that the application will not work before paying the fees with the ptt. After paying the fees, the password is sent via text messages, to create the account and benefit from...
Obtaining a driver's license has become necessary for foreigners in Turkey, so we will explain all information related to obtaining a driver's license for foreigners in Turkey for you.According to the law, the person who wants to drive a car must not be less than 18 years old, and a foreigner can drive his car within Turkish territory using by his country’s driving license after it has been translated and attested for a period of 6 months. After that, the foreign resident must exchange his country’s driving license with one Turkish license.What are the documents needed to...
Recently the exchange rate of the Turkish lira has changed and the inflation increases at the end of each year, so that many real estate investors in Turkey wonder: Which is better when buying real estate in installments in Turkey, paying in Turkish lira or in US dollars?Agreeing to pay the price of the property in Turkish lira is better than US dollars, because the exchange rate of the Turkish lira decreases. In other words, who pays the first installment in Turkish lira and completes the rest of the installments in Turkish lira, and a change in the value...
Although the Turkish government has provided many facilities and advantages to foreign investors in Turkey in order to attract them, unfortunately many investors make mistakes that lead them to lose their money.• The first mistake is not studying the project or investing well: many investors fall into this mistake and start a project without studying its feasibility well, and the result is unfortunately failure, so it is advised to go to consulting companies specialized in foreign projects in Turkey.• Not investing in the investor's own competence: some investors like to diversify their investments and come to open a...