Valuation Report For Real Estate Sales To Foreigners
Valuation report for real estate sales to foreigners
According to a new circular dated 02.15.2019 Republic of Turkey Ministry of Environment and Urbanization, it has become mandatory to obtain a valuation report prepared by a licensed appraisal company in foreign real estate sale transactions.
Valuation reports shall be prepared in accordance with the valuation standards by real estate appraisal companies authorized by the Banking Regulation and Supervision Agency.
With all transactions where the foreign persons are a seller or the buyer, the real estate appraisal report will be sought. Appraisal reports submitted to the Land Registry Office are valid for 3 months from the date of issue until the transaction is completed.
You can receive the valuation report to be submitted to the Land Registry Directorate for foreign transactions from our Capital Markets Board and Banking Regulation and Supervision Agency licensed company.
Please contact us for real estate appraisal report for foreign sales, foreign sale transactions, appraisal report and appraisal price offer for foreigners.
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