Selling Property in Side Turkey To Foreigners

Side is a popular tourist destination in Turkey, known for its beautiful coastline, lush green forests, and picturesque small villages. However, what many people don’t know is that foreigners are now allowed to purchase property here! So if you’re thinking of investing in Side or planning on taking a trip here soon, read on to learn more about the rules and regulations surrounding buying property from overseas.

 

How can foreigners buy property in Side Turkey?

Foreigners can purchase property in Side Turkey through a number of channels, including real estate companies and private sellers. There are several steps foreigners must take to acquire a property in Side Turkey: identify the property they want to buy, make an appointment with the seller, negotiate the price and terms of the sale, and complete the necessary paperwork.

 

Requirements for foreigners to purchase property in Side Turkey

Side is one of the most popular tourist destinations in Turkey, with a steady influx of foreigners purchasing property here every year. Here, we will outline the requirements that foreigners need to meet in order to purchase property in Side.

  1. Have a valid visa or residency permit in Turkey
  2. Be able to provide proof of income and investment
  3. Own an investment worth at least TRY 250,000 (around $83,000) in Side
  4. Speak and understand Turkish
  5. Have a deposit of at least 50% of the property’s value}
  6. Have a valid visa or residency permit in Turkey

To purchase property in Side, you must have a valid visa or residency permit in Turkey. If you do not have a visa or residency permit, you will be unable to purchase any property in Side. You will also be unable to take any legal actions related to your property in Side. If you are not eligible for a visa or residency permit but still want to purchase property in Side, we advise you to speak with an immigration lawyer before making any decisions.

  1. Be able to provide proof of income and investment

In order to purchase property in Side, you must be able to provide proof of your income and investment. This proof can come in the form of an official tax return, bank statement, or business registration document. You will also need to provide evidence that you have a TRY 250,000 ($83,000) investment in Side. If you do not have enough money to put down as a deposit, we advise you to speak with an immigration lawyer before making any decisions.

  1. Own an investment worth at least TRY 250,000 ($83,000) in Side

You will also need to own an investment worth at least TRY 250,000 ($83,000) in Side before you can purchase any property in Side. This means that you must have money saved up either in the form of savings or a personal bank account that is registered in Turkey. If you do not have the money necessary to purchase a property in Side, we advise you to speak with an immigration lawyer before making any decisions.

  1. Speak and understand Turkish

If you are not fluent in Turkish, it will be difficult for you to buy or sell property in Side. You will need to be able to speak and understand Turkish in order to make any legal transactions related to your property in Side. Or hire a local notary to act on your behalf.

  1. Have a deposit of at least 50% of the property’s value

In order to purchase any property in Side, you will need to have a deposit of at least 50% of the property’s value. This means that you will need to either have the money saved up or find a bank that is willing to lend you the necessary amount of money in order to purchase a property in Side. If you do not have enough money to put down as a deposit, we advise you to speak with an immigration lawyer before making any decisions.

 

Conclusion

Yes, foreigners can purchase property in Side Turkey. This is thanks to the government’s recent reforms that allow non-citizens to purchase real estate in Turkey. While not all areas of Side Turkey are accessible to foreigners, there are many properties available for sale throughout the city, making it an ideal place to invest in. If you’re interested in purchasing a property in Side Turkey, we would be happy to help guide you through the process and provide you with any additional information you may need. Buy or sell property in Side Turkey.

 

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