{"id":12687,"date":"2022-09-12T08:56:57","date_gmt":"2022-09-12T08:56:57","guid":{"rendered":"https:\/\/www.hayat-ist.com\/en\/?p=12687"},"modified":"2022-09-12T08:57:23","modified_gmt":"2022-09-12T08:57:23","slug":"real-estate-appraisal-in-turkey","status":"publish","type":"post","link":"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/","title":{"rendered":"Real estate appraisal in Turkey"},"content":{"rendered":"<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_12687\" class=\"pvc_stats all  \" data-element-id=\"12687\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.hayat-ist.com\/en\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n<h1 style=\"text-align: center;\">Real estate appraisal in Turkey<\/h1>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/#Protection_of_real_estate_investment_in_Turkey\" >Protection of real estate investment in Turkey<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/#Real_estate_appraisal_reprot_in_Turkey\" >Real estate appraisal reprot in Turkey:<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/#The_real_estate_appraisal_report_must_include_the_following_data\" >The real estate appraisal report must include the following data:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/#Dealing_with_evaluation_companies\" >Dealing with evaluation companies:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/#Exemption_from_the_requirement_of_a_real_estate_appraisal_report_in_Turkey\" >Exemption from the requirement of a real estate appraisal report in Turkey:<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Protection_of_real_estate_investment_in_Turkey\"><\/span><strong>Protection of real estate investment in Turkey<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-investment-in-turkey\/\">Real estate investment<\/a> plays a significant role in the Turkish economy, with a size of 20% of the total economy, due to the nature of the country and the political and security stability, and the large capacity and high efficiency of Turkish construction companies -whose activities have extended to many countries in the world.<\/p>\n<p>The Turkish government has been keen to encourage this type of investment for its great benefit and the country&#8217;s ability to absorb it, so it opened the way for foreign investors and foreign capital to invest in Turkey and provided the advantage of granting Turkish citizenship to foreigners whose real estate investment reaches a specific limit, which is currently the equivalent of four hundred thousand US dollars. Accordingly, it was necessary to provide a safe atmosphere and the required protection to investors, and the government did its best in this field, so it issued the necessary legal texts and issued the necessary instructions to the administrative bodies to provide the conditions that make real estate investment safe and away from any fraud, manipulation or injustice. It makes the administrative transactions of sales contracts and real estate registration (<a href=\"https:\/\/www.tkgm.gov.tr\/\">Tapu<\/a>) convenient and far from complicated.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Real_estate_appraisal_reprot_in_Turkey\"><\/span><strong>Real estate appraisal rep<\/strong><strong>r<\/strong><strong>ot in Turkey:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Among the procedures for real estate sales, the real estate appraisal report stands out as one of the most important means to make real estate contracts safe and away from errors or uncalculated surprises. It is not possible to register real estate contracts in the records designated for this, except after organizing the real estate evaluation report by a specialized company that has a legal license from the competent references to carry out this work. A list of licensed companies can be obtained from the title dept to choose from. These evaluation companies are subject to government monitoring.<\/p>\n<p>The evaluation company must give its report within three days of submitting the application. This report remains valid for the registration of real estate contracts for three months from the date of its issuance. After this period, a new account is required to register the contract.<\/p>\n<p>During these three months, the report can be used more than once and by more than one person in cases of real estate trading.<\/p>\n<p>This report can be used in various fields besides its quota as a condition for registering real estate contracts in the title deed records.<\/p>\n<p>And there is an approved regulation to determine the allowances that the appraisal companies charge from the stakeholder requesting the appraisal considering the property\u2019s size, type and location.<\/p>\n<p>Contents of the real estate appraisal report:<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_real_estate_appraisal_report_must_include_the_following_data\"><\/span><strong>The real estate appraisal report must include the following data:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>1 &#8211; Information about the company, its licenses, and the certificate obtained from the Banking Control and Regulation Institution.<\/p>\n<p>2 The engineering plan of the real estate and its net area, and how to distribute its area and divisions.<\/p>\n<p>3 A copy of the title deed (Tapu) and information on the deed&#8217;s real estate registry.<\/p>\n<p>4 Information about the property\u2019s location, its surroundings, and the means of transportation leading to it.<\/p>\n<p>5- A statement of the property\u2019s specifications, condition, date of construction, and defects, if any.<\/p>\n<p>6- An indication of the property\u2019s suitability for use in the requested or designated destination.<\/p>\n<p>7- Indicating the extent of the building&#8217;s susceptibility to demolition and reconstruction.<\/p>\n<p>8- Institutions, buildings, and service centres surrounding the real estate, such as schools, hospitals,<\/p>\n<p>health, and recreational centres, places of worship, and others.<\/p>\n<p>9- Legal papers: such as a building permit, its ability to transfer ownership easily, and the property is free from any legal<\/p>\n<p>problems or rights arising from it to others.<\/p>\n<p>10 Estimating the property price according to the prevailing prices when organizing the report.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dealing_with_evaluation_companies\"><\/span><strong>Dealing with evaluation companies:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>1 &#8211; The foreign stakeholder\u2019s interaction with the real estate appraisal company is directly through<\/p>\n<p>the title deed website of the General Directorate of Land Registry and Land Survey in Turkey or by calling the customer service centre at 181.<\/p>\n<p>2 The concerned person can start the real estate appraisal transactions by choosing the transaction<\/p>\n<p>he wants to carry out through the \u201cEvaluation Transactions\u201d list on the website. And he can follow the evaluation transactions<\/p>\n<p>or re-evaluate through the same page.<\/p>\n<p>3- The application is submitted to the relevant evaluation company on the site, according to an algorithm that distributes<\/p>\n<p>work in the electronic &#8220;property evaluation information&#8221; system, which is equipped with an algorithm<\/p>\n<p>that ensures the completion of transactions according to their regular priorities.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Exemption_from_the_requirement_of_a_real_estate_appraisal_report_in_Turkey\"><\/span><strong>Exemption from the requirement of a real estate appraisal report in Turkey:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The need to submit a real estate appraisal report is exempted when purchasing real estate from Turkish government agencies<\/p>\n\n<table id=\"tablepress-1\" class=\"tablepress tablepress-id-1\">\n<tbody>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.hayat-ist.com\/en\/foreigners-investment-in-turkey\/\">Foreigners investment in Turkey<\/a><\/td><td class=\"column-2\"><a href=\"https:\/\/www.hayat-ist.com\/en\/apartments-with-sea-view-in-istanbul\/\">Apartments with Sea View in Istanbul<\/a><\/td><td class=\"column-3\"><a href=\"https:\/\/www.hayat-ist.com\/en\/property-for-sale-in-istanbul\/\">Property for Sale in Istanbul<\/a><\/td><td class=\"column-4\"><a href=\"https:\/\/www.hayat-ist.com\/en\/how-to-buy-flat-in-istanbul\/\">How To Buy Flat in Istanbul<\/a><\/td>\n<\/tr>\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.hayat-ist.com\/en\/turkish-citizenship-and-how-to-obtain-it\/\">How can foreigners obtain Turkish citizenship?<\/a><\/td><td class=\"column-2\"><a href=\"https:\/\/www.hayat-ist.com\/en\/villas-for-sale-in-istanbul\/\">Villas for sale in Istanbul<\/a><\/td><td class=\"column-3\"><a href=\"https:\/\/www.hayat-ist.com\/en\/investment-tips-in-turkey\/\">Investment Tips in Turkey<\/a><\/td><td class=\"column-4\"><a href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/\">Real estate appraisal in Turkey<\/a><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\"><\/td><td class=\"column-2\"><\/td><td class=\"column-3\"><\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\"><\/td><td class=\"column-2\"><\/td><td class=\"column-3\"><\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-1 from cache -->\n","protected":false},"excerpt":{"rendered":"<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_12687\" class=\"pvc_stats all  \" data-element-id=\"12687\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.hayat-ist.com\/en\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n<p>Real estate appraisal in Turkey Protection of real estate investment in Turkey Real estate investment plays a significant role in the Turkish economy, with a size of 20% of the total economy, due to the nature of the country and the political and security stability, and the large capacity and high efficiency of Turkish construction &hellip; <br \/><a href=\"https:\/\/www.hayat-ist.com\/en\/real-estate-appraisal-in-turkey\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Real estate appraisal in Turkey<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":12692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[631],"tags":[694,695,693],"class_list":["post-12687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-real-estate-appraisal","tag-real-estate-appraisal-in-istanbul","tag-real-estate-appraisal-in-turkey"],"yoast_head":"<!-- This site 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