BUYING PROCEDURE IN TURKEY

Buying a property in Turkey can be quite a simple process, so long as you know what you are doing. If you choose to work with us we can endeavor to make the process as smooth and painless for you as possible.

 

What nationalities can buy property in Turkey?

 

The majority of overseas citizens can purchase property in Turkey with some issues:

 

• There is a reciprocal arrangement between the governing administration of Turkey and some countries. This agreement does occur between Turkey and the U.K., EU Countries, US, Russia and also with other countries.

• The property should not be with in military zones.

 

Property Registration

 

• The Property Registration Department in Turkey is autherized to register the property in to the buyers' name. Both the seller and the buyer should take participation at the process of signatures at the registration office. Also the parties can give authorization the the third parties on behalf of them.

• After the the property register issues a proof of ownership or property deed which is called ‘Tapu'.

 

Turkish Property Legislation

 

• Ownership is essential to be able to sell a property in Turkey

• The land registry of the property is very important and the information is provided by the local autherities.

 

 

Property Buying Steps in Turkey

 

1. Once you have decided for your property in Turkey, A contract is drawn up between the parties in english stating the terms and the dates of payments and the delivery of the property.

2. You should have your passports with you for legal paperwork.

4. After the contract stage you should go to the Notary Office with your agent/developer to provide them a power of attorney for them to be able to foolow your legal paerworks and title deed registration when you are not here.

First part has been completed and you do not need to be present for any more of the property purchase transactionwhich all this process will take no more than few hours.

After you make a payment of 30 % your papers are forwarded to the Land Registry office for all documentation relating to the purchase is then forwarded to the Land Registration office in Izmir. This procedure usually usually takes 6-8 weeks.

 

 At this title deed transfer you will need to pay the final balance plus the 3% property tax.