There are many forms of real estate investment in Turkey, due to the wide range of real estate options for those wishing to own property in Turkey, and our talk in this article will be devoted to one of the most important types of ownership in Turkey, which is “owning a floor in Turkey”, as we noticed many questions from our customers about the issue of buying an entire floor In Turkey, you will find in this article complete answers to your inquiries, details and comprehensive information.

 

What does it mean to own a floor in Turkey?

The floor according to the architectural engineering concept is the part of the building between the floor and the upper ceiling directly above it, and each floor includes a number of apartments or offices, “at least two apartments”.

During the registration of the building in the real estate registry in Turkey, the stage of owning the floor is the middle stage between the title deed and the title deed allocated to each of the floor apartments.

Floor title deed in Turkey

There is no title deed for the floor in Turkey in the literal sense, but in the title deed document in Turkey, when registering the floor, the fields designated for the type of property in the document are filled in, where a sign is placed at the “floors” field so that the title deed officially becomes a “floor title deed.” 

Read also: title deed in Turkey

 

How to own floors in Turkey

After the construction is completed and all the independent floors are prepared in it, the definition of the title deed in the building’s real estate registry will move from the “Irtifak title deed” designated for the entire building, to the “ Iskan title deeds”. You can go to the title deed and cadastral survey in the area where the building in which you want to buy a floor is located. ,

In this department, the ownership of the floor is transferred from the company that built it to the new owner of the floor. The title deed of the floor is duly extracted in Turkey in the name of the owner.

Documents required to own a floor in Turkey

While extracting the title deed of the floor in Turkey, the following papers and documents must be provided:

  • Building use permit document.

  • Personal identification document (valid residence in Turkey or translated and notarized passport)

  • Two personal photos of the owner of the floor.

  • A copy of the sales contract

 

What does the floor title deed in Turkey include?

The floor title deed document in Turkey "Tabu" must include all the following information:

  • Detailed address of the floor

  • A profile picture of the floor owner

  • The number of the land on which the building was built in the Land Registry

  • Land type: "fit for construction"

  • The area of ​​the land on which the building is built

  • Floor space

  • building number

  • Floor No.

  • The purchase price of the floor in Turkish lira

  • Information by owning the floor: purchase or inheritance

  • Information about the former owner of the floor "the seller": is he a Turkish or a foreigner?

  • Information on the mortgage "Is the floor mortgaged or not"

  • The nature of the floor: used or purchased for the first time "zero"

  • Identifying information for the owner of the floor: the name, national number, and nationality, and if there is more than one owner, all of them are mentioned, along with the value of the share of each one of them from the floor.

  • Stamp and signature of the employee responsible for issuing the title deed

Read also: Title deed in Turkey

Floor Title Deed Fees in Turkey

The fees for issuing Tapu of all types range from 3 to 4% and are paid equally between the seller and the buyer, and they are given a period of up to approximately one year to pay the fees.

Turkish laws also impose a heavy penalty and a fine on those late in paying the title deed fees, and therefore the fees must be paid early and not late.

 

Average floor price in Turkey

In general, the average price per square meter in Turkey is between 5000 and 7000 Turkish liras, so the average price of the property varies according to the area in which the building is located, as well as according to the total area of the floor.

Here is an illustrative table:

 

The average price in normal areas

The average price in the complexes 

  

300 Square meters

1.500.000 TL 

3.300.000 TL

400 Square meters

2.000.000 TL 

4.400.000 TL

500 Square meters

2.500.000 TL 

5.500.000 TL

 

These prices are average, and you can find cheaper and more expensive ones as well, and it takes a lot of research and survey to find your preferred option, at the right price for you.

The difference between owning an apartment and owning a floor in Turkey

From a procedural and legal point of view, there is no great difference between the procedures for owning a property (apartment or office) and the procedures for owning a floor in Turkey, except in terms of specifying the property type box: Floor.

In practice, owning a floor in Turkey gives the owner greater independence, especially for those who own a large family, and the price of owning a floor is lower than the total price of owning real estate on the same floor.

Also, owning the floor under construction provides a big difference in price for the buyer, and gives him the opportunity to improve the finishes of the houses inside the floor after it is divided.

Advantages of owning a floor in Turkey

Owning floors in Turkey has several important advantages, namely:

 

independence

No matter how calm your neighbors are and not interfering in your affairs and doing some provocative behavior, you will find yourself when you own an entire floor, you will have a greater chance of independence and enjoy your life away from what bothers you or disturbs the peace of your stay, especially loud sounds, noise, frequent visits by others and other things that comfort your head Of which.

Greater investment opportunity

When you own a floor, you own all the apartments or offices on it, and therefore you can make your real estate investments close to each other, and this facilitates your investment activity as a real estate investor. Or even if you want a residential investment, the presence of the apartments that you rent in one place and near each other facilitates your work and comforts you.

Opportunity for a close family residence

Arabs in Turkey prefer a balanced family life, and the father prefers that his children live next to him, so the idea of ​​owning a floor in Turkey is a good idea to achieve this desire, and for family members to stay next to each other.

 

The easiest procedure for obtaining Turkish citizenship

Obtaining Turkish citizenship through real estate investment in Turkey requires that the price of the property be at least 250.000 US dollars, which is approximately 1,950,000 Turkish liras.

The smallest floor in residential complexes in Istanbul, for example, easily achieves this condition.

Also, the procedures for real estate appraisal and for the extraction of one title deed and other costs and legal procedures will be easier and easier because the title deed is one document.

View real estate offers for Fanar

If you want to own property in Turkey, whether buying a floor or buying apartments, offices, villas, or any other type of real estate in Istanbul, we at Fanar Realty are happy to communicate with us to inform you about the best and strongest special real estate offers, with ideal services that we provide to complete the ownership process in the most complete manner Legal and fast and orderly procedures. 

We also provide our customers with the service of buying real estate online, especially for those who wish to own property in Turkey and outside it, where we provide all the necessary and necessary services to complete the sale and inform them permanently of all the details of ownership.

 

Owning a floor in Turkey is a popular idea for Arab investors in Turkey and a favorite for them, so we have prepared this article for you to get the most important details of owning a floor, extracting its title deed, fees, prices of floors in Turkey and the advantages of this type of real estate ownership.