Buying property in Turkey is a lot easier than in many other European countries. Foreigners may purchase land and properties in Turkey in their own names as long as they are located in towns all around Turkey.
Step 1 – Property search- ASDasdasdasd
Initially we will talk through your requirements and based on this, gather a number of properties that we feel suit your needs, and arrange a viewing. We would like to make this part of the process to be enjoyable, informative and ultimately , satisfying.
Step 2 – Deposit/reservation- ASDasdasdasd
Once you have found a suitable property you will need to pay a deposit in order to secure it. This fee is usually 10-20% of the purchase price but the exact figure will be confirmed individually with the house owner or builder at the time of purchase.When the deposit is paid, a receipt is given and this amount will be written into the sales contract.
Step 3– Sales contract- ASDasdasdasd
At this point a sales contract is drawn up between yourselves and the seller. This will include information such as deposit paid, agreed sale price, date of transfer, and snag list if any. We will require from you two passport size photographs of the person whose name will be on the property deeds plus a full photocopy of your passport.
Step 4 – Power of attorney- ASDasdasdasd
Should you not be present in Turkey for the actual purchase of your property, you then need to go to the Notary’s office (similar to Notary public in the UK) to sign a document giving your agent or solicitor, the power of Attorney for the property, not for money. This enables the agent to continue with obtaining the Title Deeds in your absence. Congratulations! The initial stage has been completed and you do not need to be present for any more of the property purchase transactions. Steps 2 to 4 only takes a few hours to complete.
Step 5 Title Deed Transfer (Tapu)- ASDasdasdasd
Once military approval has been granted, the title deeds are re-issued into the new owners name and forwarded back to the local Land Registration office who, in turn contacts your agent. It is at this point that the last payment gets paid to the vendor/builder and the deeds are collected. Your agent or solicitor can pick up your deeds on your behalf if you have given them power of attorney. Your title deed can then be kept in a safe place pending your next visit.
Documents required to buy a Property in Turkey; In order to buy your property, you will need:
- Your passport or National ID Card.
- Four passport sized colour photographs (4cm x 6cm).
- A tax number from your local Turkish tax office.
- Evidence of having a Turkish bank account (eg a statement or account book).