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What is real estate valuation in Turkey?

Real estate valuation in Turkey is one of the most important reasons and factors of reassurance among those wishing to invest real estate in Turkey, as the evaluation of real estate became a mandatory requirement before the purchase of any property in Turkey after it was required only for properties whose papers will be submitted in the file of the application for Turkish citizenship.

What is the real estate valuation in Turkey?

Real estate assessment in Turkey or valuation is a report issued by companies documented and mandated by the Turkish government’s Housing and Construction Department, mainly aimed at preventing fraud and preventing the purchase of apartments more expensive than their price.

The real estate evaluation is explained in its report to clarify all the services and status of the property to be purchased from the services and status of the real estate and the surrounding area and the legal status of the property and to ensure that everything is clear to you our valued customers will explain in this article the details in full.

To obtain a real estate valuation or valuation document, it takes approximately 4 days to a week, after submitting the application to the competent company, including the duration of the arrival of the real estate valuation report in Turkey by mail.

The real estate valuation document in Turkey is valid for three months from the date of its issuance and anyone who wants to sell the property before the expiry of the valuation of his property can use the same document again as long as it is valid and the period allocated to it (three months) has not expired.

Why has turkey’s real estate valuation law been passed?

  • Turkey’s Land Assessment of Foreigners Act was initially passed as a mandatory condition only in real estate acquisition procedures for the purpose of obtaining Turkish citizenship.
  •  Turkey requires a foreign investor who buys real estate in Turkey and wishes to obtain Turkish citizenship to have a minimum real estate price of US$400,000 or the equivalent in Turkish lira according to the exchange rate of the currencies when purchasing the property.
  • Property valuation in Turkey in such a case ensures that prices are not manipulated.
  • It was therefore necessary for the buyer to produce a real estate valuation document in Turkey to confirm that the price of the property corresponds to the minimum price of the property nominated for Turkish nationality.
  • But in the middle of the second month of 2019, the Real Estate and Tabu Records Department of the Ministry of Environment and Urban Planning in Turkey issued a circular stating that foreigners should obtain a real estate valuation report in Turkey during the process of purchasing or selling real estate in Turkey.
  • This is a mandatory requirement for foreigners in Turkey and came into force on 4 March 2019.

What is the benefit and importance of Turkey’s real estate valuation law?

Turkey’s real estate valuation law has been passed for several reasons, including:

  • Protecting foreigners from fraud in Turkey


So that no foreigner buying real estate in Turkey falls victim to fraudsters, and so that he does not have to pay imaginary amounts on real estate that may not be at the required level or worth this amount, the decision of the real estate valuation in Turkey came to cut off the way for those who want to cheat foreigners and sell them cheap real estate in Turkey at imaginary prices.

  • Increased real estate investment security Turkey


The feeling of security and comfort of the foreign investor in Turkey is one of the reasons for his stay there and increase his investments and projects, and even its diversity as well.

The increase in property purchases in Turkey, especially in the first half of 2019, reflects the satisfaction and security felt by real estate investors and buyers in Turkey, especially after the decision to evaluate real estate in Turkey.

  • Adjusting the conditions for obtaining Turkish citizenship through real estate investment


As mentioned, applying for a Turkish passport through real estate investment requires a certain limit for the property to be suitable for Turkish nationality “at least US$400,000, so officially valuing real estate helps to control the application of this requirement and ensure that there is no manipulation of real estate prices.

On the other hand, the real estate valuation in Turkey gives those who want to invest in their property after obtaining Turkish citizenship confidence in the high value of their property, and the eligibility of this property to invest and introduce a profit commensurate with what he paid

  • Preventing property tax evasion in Turkey

Turkey aims to control the evasion of real estate taxes, which are usually associated with the price of the property, without the existence of this law it would have been easy for those who wanted to manipulate to register their luxury property at a very low price, allowing them to evade the payment of higher real estate taxes.

But with turkey’s real estate valuation law, this has become impossible to cut off the way for mortgage evaders in Turkey..
If all foreign investors in Turkey commit to pay taxes and abide by the laws, this will significantly improve the image of foreign investors in Turkey and prevent a negative image of them..

  • Property prices set in Turkey

The main objective behind Turkey’s real estate valuation law may be to control prices and prevent the negative impact on turkey’s urban development plans, for example if Turkish plans are aimed at further recovering a region or carrying out an urban transformation, property prices must rise, but what is the proportion?


This is what real estate valuation in Turkey can control, if prices rise to a level outside the normal and familiar limits, especially because foreign investors in Turkey buy real estate in modern projects, this will reduce the percentage of buyers due to high prices.

If it is disciplined at a certain value and studied by experts and real estate institutions, the rise in the price of the property will be appropriate and disciplined, so many cases can be measured where poor control of the price of the property in an area is a major cause of urbanization plans and residential development.

  • Improving and developing turkey’s real estate investment system


Turkey’s real estate investment sector is one of the most successful and developed economic sectors and indicators of rising real estate sales to foreigners remain the best proof of this.

That’s why the Turkish government is constantly seeking to strengthen this sector with its concessional systems, which increase the number of investors and reduce the number of those who are afraid of real estate investment in Turkey..

In this context, the evaluation of real estate in Turkey and its obligation to foreigners was one of the most important improvements made during the recent period in the real estate sector in Turkey, and one of the decisions encouraging the increase in real estate investment in the country.

It is expected that by 2022, it will also be mandatory for Turks to extract a real estate valuation document when selling and buying a property in Turkey, as part of a package of reforms and developments that will affect Turkey’s real estate sector.

What is in turkey’s real estate assessment report?

The real estate evaluation document in Turkey contains a lot of information:

  • Title deed information (tabu) and real estate registry of the property.
  • Information about the address and location of the property, and the means of transportation nearby.
  • Legal information on the property
  • Special specifications within the property, such as construction method, decorations, finishing, floor, design and views.
  • Problems and disadvantages that the drug may face
  • Information about the price of similar properties on the market
  • Approximate valuation or real estate valuation of the property
  • Extensions and other information

The most important idea in the law and condition of real estate valuation in Turkey is to facilitate and facilitate the sale and purchase of real estate in Turkey, and the continued development in the laws and regulations controlling real estate ownership, which show a positive development towards making more real estate investment opportunities in Turkey and attracting more foreign investors.

For more inquiries, to answer your queries and get apartment and property offers for sale in Turkey, you can contact one of our consultants via contact or WhatsApp after clicking on the following number: 00905444333589


  1. What is the real estate valuation in Turkey?

Real estate valuation in Turkey or valuation is a report issued by companies documented and expensive by the Turkish government’s Housing and Construction Department, and the evaluation aims mainly to prevent fraud and fraud and prevent the purchase of apartments more expensive than their price in the market.

  • What is the benefit and importance of Turkey’s real estate valuation law?

There are several benefits, the most important of which is to protect foreign investors from fraud and increase the security of real estate investment. Preventing real estate tax evasion in Turkey.

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