Buying an Apartment in Turkey for Qataris

It is possible for Qataris to buy an apartment in Turkey because real estate investment in Turkey is one of the best types of profitable investments. Many Qataris, in fact, tend to acquire property in Turkey for various purposes, such as purchasing a property for residential use or for investment, like renting or selling. Therefore, selecting the right apartment or property in Turkey and choosing its location carefully is essential to obtaining all of its benefits.

Buying an Apartment in Turkey for Qataris

A large number of Qatari citizens are searching for apartments to purchase in Turkey, especially after spending some time touring the country and exploring its renowned tourist spots. At this point, the Qatari tourist begins looking for an apartment, villa, palace, or any kind of distinguished property that they can purchase and own.

The reasons for Qataris buying property in Turkey are diverse. Some citizens want to buy property to obtain Turkish citizenship later, while others consider that buying property in Turkey will guarantee a high investment return, especially if they plan to rent or sell the property for a good price difference between the purchase time and the future.

Real estate investment can also be profitable through renting, especially if the properties are located in coastal areas or have natural views, which raise the rental price.

House prices in Turkey have been steadily increasing, making it an attractive destination for international investors, including Qataris. When considering buying property in Turkey, it’s important to understand how house prices convert to Qatari Riyals (QAR). On average, the cost of a property can vary significantly depending on the location, size, and type of property. For instance, properties in prime areas like Istanbul or coastal regions may start from around 500,000 QAR for a smaller apartment, while larger luxury homes or villas in sought-after locations may exceed 2,000,000 QAR or more. This pricing structure offers a wide range of options for Qatari investors, providing opportunities for both affordable and high-end properties that fit various budgets.

To gather the most information about real estate in Turkey and choose the best options, you can contact a real estate agency by calling 00905367779442, available 24/7.

What Are the Main Benefits of Buying Property for Qataris in Turkey?

There are many advantages for Qatari citizens if they buy property in Turkey, including the following:

• Obtaining Turkish citizenship in an easy and direct manner, especially if the property value is no less than $250,000.
• Living in Turkey is relatively inexpensive compared to many other countries, as the cost of living in Turkey is among the lowest in Europe.
• The environment in Turkey aligns well with Eastern society, due to cultural and traditional similarities with Arab Muslim communities, especially since all Turks are Muslim.
• If the purpose of the purchase is investment, real estate in Turkey is a great option, offering a safe and profitable return.
• Turkey is one of the best places to live, as it has everything necessary for a comfortable life, along with stunning natural beauty for leisurely activities, enjoying picturesque views such as mountains and lush greenery, or relaxing by the sea.

What Are the Steps to Buy Property in Turkey?

To buy property in Turkey and purchase an apartment in Turkey for Qataris, certain steps must be followed, which include:

1. The buyer must travel to Turkey to choose a property to purchase.
2. Sign the property purchase contract in Turkey, or appoint a representative with a formal power of attorney to handle the process on their behalf.
3. Obtain a tax number from the tax office in Istanbul. This number is issued to all foreigners in Turkey to facilitate official transactions.
4. Open a bank account in any Turkish bank to transfer the payment for the property from the buyer’s country to the Turkish bank.
5. Provide a copy of the buyer’s passport, along with a Turkish-translated version, certified by a notary.
6. The buyer and seller will go to the land registry office, where the seller will transfer the property to the buyer, and the buyer will receive the title deed or property keys.

What Are the Key Conditions for Buying Property in Turkey?

Qataris can purchase an apartment in Turkey, but the Turkish government will only approve the purchase if certain essential conditions are met, which include:

• The percentage of foreign-owned properties must not exceed 10% of the area of the municipality where the property is located.
• A foreigner cannot own more than 30 properties, unless an exemption is obtained from the Turkish Cabinet.
• The foreigner must be from a nationality that is allowed to own property in Turkey.
• The foreigner must not be from a country that is hostile to Turkey.
• The foreigner must not pose a security threat to the state or have any legal rulings that indicate immoral behavior.

What Documents Are Required to Buy Property in Turkey?

There are several documents that must be provided to purchase any property in Turkey, including:

• A tax number, which must be obtained before purchasing an apartment in Turkey for Qataris. It is available from the Turkish Tax Directorate.
• A valid passport for the foreign buyer, with a translated and notarized copy in Turkish.
• A property evaluation report for the property.
• The property purchase contract, which must be notarized.
• A receipt showing the sale of foreign currency for the property, issued by the Turkish central bank.
• A receipt confirming the transfer of the property value, which must be paid in Turkish Lira and transferred to the seller’s account.

What Are the Best Areas to Buy an Apartment in Istanbul?

There are many distinguished areas in Turkey, particularly in Istanbul, known for their unique features, making these locations even more attractive. Some of the most famous areas include:

• Başakşehir: The original center of Istanbul, located on the European side of the city.
• Beylikdüzü: A beautiful coastal area along the Sea of Marmara, hosting the second-largest port for ships in the city.
• Esenyurt: A prime location in Turkey with many services, where both Turkish citizens and Arab expats live.
• Küçükçekmece: A prime residential area in Istanbul, located between the city center and its suburbs.
• Kağıthane: A strategically located area in European Istanbul, surrounded by various city centers and featuring a charming lake and many green spaces.

Frequently Asked Questions

• Can Arabs own property in Turkey? Yes, provided they do not own more than 30 properties in the region.
• How can one buy property in Turkey and avoid real estate fraud? By dealing with a trusted real estate company that provides this service.
• What factors determine the price of property in Turkey? View, geographic location, property size, available amenities, and the real estate company’s fees and commissions.

Qataris can purchase an apartment in Turkey at any time during the year, and owning property in Turkey will guarantee them a remarkable and unprecedented investment