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What Is A Valuation Report That is Required to Purchase a Property in Turkey by a Foreigner

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What Is A Valuation Report That is Required to Purchase a Property in Turkey by a Foreigner?

Since 4 March 2019 foreigners who are looking to purchase a property in Turkey must get a valuation report from a government registered company stating the market value of the property. And that report must be issued within the last 3 months before the sale.

On that report the valuer states also if the property has a habitation license, if the project was built according to the project, if the house has a condominium or an easement title deed, if there are any liens on the property…

The declared sale value of the property does not have to be in accordance with the value on the report.

Post Author: brc-yilmaz_admin

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