Is it possible to buy property in Turkey without iskan? This question very often worries Turkish real estate investors.
The most common problems that may arise when buying a property without iskan:
• if you want to use mortgage lending for a property without iskan, then the bank may refuse to grant a loan for real estate without iskan, this is a risk for the bank.
• for apartments without iskan (without iskan for an apartment) it is possible to issue water and electricity subscribers, but these subscribers will not have the status of subscribers for residential real estate (mesken), but subscribers with the status of construction (şantiye). This means that utility bills will be one and a half to two times higher.
• There are various reasons why construction companies have not received an iskan, and if some building standards are not met, then this must be corrected, which leads to additional financial costs for the owners.
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The second type of iskan – Ferdi Iskan – is an individual technical passport for an apartment (yapı kulanma izni), which the owner receives after purchase. The document contains technical information about the apartment and about the entire building as a whole (area, number of floors, availability of utility rooms, etc.).
Ferdi iskan is issued after the receipt of the tapu by the new owner of the apartment. The cost of iskan registration for an apartment depends on the area of the apartment.
Important! Ferdy Iskan can only be obtained if you have a Genel Iskan.
The most important thing for you is choosing the right seller or real estate company. Our company has been on the real estate market in Alanya for 23 years, we are developers, and we also have a large portfolio of secondary real estate. We also work with colleagues from Istanbul, Bodrum and Antalya.
Each property is carefully checked by our specialists for the presence of an iskan, for the cleanliness of the apartments (mortgage or arrest).
We always protect the interests of our clients and will be with you to the end on any issues.