BUYING A PROPERTY IN TURKEY

, BUYING A PROPERTY IN TURKEY

Recommend steps before buying a property in Turkey

Legal Base

In May 2012, the condition of reciprocity for foreigners who wish to buy property in Turkey is abolished. Persons with foreign nationality can buy any kind of property (house, business place, land, and field) within the legal restrictions.

Set Your Goal

Define your purpose from owning a property in Turkey, whether it’s for investing, living, or summer vacation. Starting with this step will save your time and help you find exactly what you are looking for .

Get to Know Turkey

Make sure you have a sufficient idea about the different cities and area values of Turkey. Ask for help from online sales consultants to determine the best options that suit your requests and goals

Choose Your Agent

Choose the right trust-able agent that can link you with the strongest construction companies and offer the best projects in the market. Rely on the agent’s projects and Market share in making your decision

See for Yourself

Arrange to visit the location of the property, and do an inspection tour to get a clear and complete idea about the area and project features, which helps in making the right decision.

Sales Agreement

If you like the offered project and make a decision to proceed with the sales process, a sales contract will be regulated between you and the construction company, to guarantee the rights of the parties, and the receipt of the property according to terms and conditions agreed upon.

Tax Number and Bank account

You should register with the local tax office and get a Tax Number in Turkey, also you should open a bank account which will help facilitate all your financial operations, like paying installments or bills for your apartment.

Other Payments

In addition to the price of the apartment, the buyer must take into account adding 5% to 6% as additional expenses to complete the purchase process. Inquire about all the payments and taxes that must be paid during and after sales process. For more details about Taxes click here.

After Sale

Ensure that your agent will help you deal with the process of obtaining title deed of the property (Tapu), for water, electricity, gas, telephone and other necessary procedures.

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, BUYING A PROPERTY IN TURKEY
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