PROCESS OF BUYING A PROPERTY IN TURKEY
Buying property in Turkey is a straight forward
process, and often easier than in other European countries.
1. Once you have seen a property in Turkey that you would like to purchase you
will need to pay a deposit, usually 10% of the purchase prıce, to secure your purchase. This can be paid by cash or you can transfer funds directly to a bank account – N.B. personal cheques are not accepted by banks here in Turkey. The exact
figure will be agreed and confirmed individually with the house owner at the time of
purchase. When the deposit has been paid a receipt is given and the amound received is written
into the contact.
You will need to have your passport with you, also 8 Photographs we be required; we
will help you to get these (approx. £4 for 12 photos).
3. We do conveyancing as part of our services, we
carry out the buyer’s conveyancing searches and draw up a legally binding
contact between vendor and buyer and oversee all paper work throughout. If
you wish to employ a solicitor to do this work for you, we can help you find
4. Next, you will need to go (we will accompany you) to the Notary's office to sign a document to give your agent power of
Attorney for the property only. This will enable your agent to buy a
property in your name and also arrange for the essential facilities e.g. electricity, water, telephone etc. This
document helps us to sort out the paper work on your behalf whilst you are not abşe to be present. (This will take about 1 hour)
5. Then an application has to be made
to the military to approve the sale. The military check that the property
is not in a politically sensitive area (e.g. overlooking an army camp) and that
the buyer has no criminal record in their home country. The approval
process is a formality that must be undertaken rhis generally takes about 6-8
weeks and it will be forwarded back to the local Land Registration
office who, in turn contact your agent.
Your agent will advise you of this upon completiıon. At this time you will need to
pay the final balance due and purchase
tax on the declared price of the property.
Upon receipt of this we can then sign for and collect your title deed (TAPU) from
the Land Registration office in your name.
top of the purchase price there are some additional costs be as follows;
- 3% estate agency fee (of the
- Purchase tax on the declared
price of the property.
- 2.300TL for military
approval process (approx £830
depending on exchange rate fluctuation)
- If you wish to get a
solicitor; expect fees about £500
- It is compulsory to have earthquake insurance and we
recommend you take out Full insurance home and contents cover as soon as the
house is registered in your name.(the cost of this varies depending on the
value of the property, it's contents for the number of months it will be
occupied.) Approximately £150
- Notaries charge approximately £100
If you have any question about purchasing, please do not hesitate to contact us.