What does a pensioner need to know to buy an apartment in Turkey?
Holidays in Turkey are unforgettable. People are often haunted by the thought of the beauty of this country. I want to go back, where it smells like the salty sea, and the sun's rays caress the skin. Türkiye is one of the popular destinations in the field of real estate acquisition. Let's consider how to buy an apartment for a pensioner in Turkey in order to be able to stay in the country all year round?
The purchase is seen as a good investment or a way to change residence in old age. Purchasing housing allows you to stay in the country without restrictions and opens up the opportunity to make your residence visible.
You should not make a transaction blindly. First, go to the city you are interested in on vacation, stay in a hotel, and take a closer look at the real estate properties put up for sale. The pricing policy of apartments directly depends on the following characteristics:
- location;
- quality of construction;
- infrastructure;
- distance from tourism centers.
Real estate firms or real estate agencies involved in sales to foreigners often organize tours for potential retired buyers to show the product for sale. Before your trip, read information about:
- the lives of the indigenous population;
- the developer and his constructed facilities;
- conditions of purchase for Russian pensioners.
The laws of the Russian Federation do not prohibit having property abroad. The deal is completed quickly. After 100% payment, the buyer is entered into the open register of property owners. An extract indicating ownership is issued.
Buying an apartment in Turkey will not cause much trouble if you initially prepare the documents correctly. The purchase and sale agreement must have certain conditions:
- information about the property being purchased, from the layout to the number of the plot of land under the building;
- transaction amount with a breakdown of the advance and principal amount;
- repayment schedule, terms of money transfer;
- obligations of each party;
- data of the seller, buyer.
The document is drawn up in two languages. Signing the contract is half the battle. Property registration is ahead.
Let's consider what is needed for legal registration of housing:
- Russian passport of the buyer of a pensioner;
- a notarized copy of the passport certified and translated into Turkish;
- photographs for documents;
- Taxpayer identification number opened in Turkey.
Ownership is formalized by the Cadastral Office, which, after checking the documentation, issues a certificate of ownership of the real estate.
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