Should I buy an apartment in cash or in installments in Istanbul? Perhaps the most important question now for those who want to live in Turkey, especially in the state of Istanbul, is about buying an apartment in Istanbul in cash or by installments, and what is the best between the two options, in Istanbul it is a distinguished tourist destination in Turkey, and also an opportunity for those who want to live in An elegant place or real estate investment there, what are the advantages of buying an apartment there and the necessary conditions for that, and what is the best way to buy it and the special places to live there, this is what we will tell you next.
Conditions for buying an apartment in Türkiye.
And before you know the best option for buying an apartment in Istanbul, whether through cash or installment purchase, you must first know the conditions that you must provide in order to be able to buy an apartment in Turkey in general, and in Istanbul in particular, and the conditions for buying an apartment in Istanbul are as follows:
• The owner of the property from whom you will buy your apartment must have his own title deed containing all the required legal information about the property.
• Your passport with the necessity of having another copy of it, translated into the mother tongue of the country, which is the Turkish language, and documented by the state.
• Among the required documents that must also be available is a real estate appraisal document.
• Also another document for earthquake insurance.
• You must also bring a personal photo of the seller, and two personal photos of the buyer.
• In the event that you authorize another person to buy the apartment for you, you must obtain an official power of attorney for him, and document it within the notary office, which is the notary.
Advantages of buying an apartment in Istanbul.
Many foreigners wish to buy an apartment in Turkey, especially in Istanbul, because this city is characterized by sophistication, civilization and a distinctive culture in the world. Foreigners wishing to buy an apartment in Istanbul, whether buying this apartment in cash or in installments, should know the advantages of buying an apartment there. And the privileges that they will obtain by purchasing that apartment, and these features are as follows:
• Istanbul is considered one of the cities full of vitality and life, as it is one of the most attractive places for investors in the field of real estate and those wishing to buy and own real estate in it.
• In addition, buying an apartment in Istanbul is a great opportunity for those who wish to obtain residence there, and to facilitate their living in Turkey. By owning an apartment in Istanbul, you can obtain real estate residence in the event that the price of the apartment exceeds 400 thousand dollars.
• The conditions of study, work and stability there are also very encouraging for those who wish to reside in Istanbul and permanently settle there.
• Istanbul is one of the most attractive tourist destinations in the world, and this is one of the most motivating reasons for you to own an apartment there, so that you can invest it by renting it to tourists or students coming to study there.