Real estate appraisal in Turkey is one of the most important factors of reassurance for the investor in real estate in Turkey, as real estate appraisal has become mandatory when foreigners purchase real estate in Turkey. In this article, you will know what real estate appraisal in Turkey is, its conditions and details.
Title deed and real estate registry information
Information about the address, location of the property, and transportation near it
Legal information about the property
Special specifications inside the property, such as building, decoration, floor, design, views, etc.
The problems and negatives facing the property
-Information about the market price of similar properties
Accessories and other information
Approximate price or real estate appraisal of the property
The most important idea in real estate appraisal in Turkey is to ease out and facilitate the buying and selling of Turkish real estate, and the sustainability of the development in laws and regulations governing real estate ownership, which shows a positive development towards creating more real estate investment opportunities in Turkey and attracting more foreign investors.
Real estate appraisal in Turkey is a detailed report on the status of the property to be sold, in which the market price of the property is presented. It is prepared by certain companies that specialize in valuing real estate in Turkey, and hold a license to do so. This document is also known as: the real estate valuation document in Turkey.
You need a period of approximately 3 days to a week to obtain the real estate appraisal report document in Turkey, after submitting the application at the competent company, including the period for the arrival of the real estate appraisal report in Turkey by mail. The real estate valuation document in Turkey is valid for a period of three months from the date of its issuance, and whoever wants to sell the property before the end of the period for evaluating his property can use the same document again as long as it is valid and the “three months” period has not expired.
Note: Real estate appraisal in Turkey can only be accepted if it is issued by a government licensed and approved company, but if the report is issued by people or even real estate experts or real estate companies not approved by the government, it is rejected and not accepted