Property Buying Process in Turkey
You’ve chosen your property, have your finances ready and are eager to jump into the Turkish real estate market so what happens next. We will double check at this point, that the seller's paperwork is 100% up to date. This means checking the title deeds match details at the land registry office, the property is debt free, and also has an Iskan (habitation certificate).
Some sellers are open to offers in which case, we will convey your offer to them. Otherwise, we inform the agent that you are purchasing and begin the process. We can recommend a list of independent lawyers and translators, or you can source your own. Once contracts detailing terms and conditions as well as payment plans have been drawn up and notarized, a deposit to secure the property will be needed, and we will file your military check application.
What is a Military Check?
Turkish law states that…
A: Foreigners can buy up to 30 hectares
B: Foreigners cannot buy property within military zones
C: Foreigners cannot buy property that amounts to more than 10% of a designated district.
That may sound daunting but in reality, it's nothing. The military check is just a formal process regarding the above to confirm that everything is indeed as it should be.
Registering your Tapu
Once the military process has been completed, it is then time to sign for your Tapu that is the title deeds. If you are unable to be in the country for this process, you can appoint a solicitor or third party to sign on your behalf. At the time of signing, proof of DASK insurance is needed. This is simply earthquake insurance that you will renew on a yearly basis.
Once you have received your title deeds, we can then assist you to change utilities into your name including electricity, and water. Also, go furniture shopping if you have purchased a brand new home or have a party to celebrate your new life in the sun.
You can also read all our related articles below.
Residency Permits in Turkey, how to apply,extensions and all the required information and guidance that you need.
Turkey Buyer's Guide with all the required necessary information and guidance that you need.
Simple guide for all the required steps . Turkey Property Purchase Process with all costs, fees and taxes covered.
Our objective and candid advice on buying property in Turkey, all the Do's and Don'ts covered in simple steps.
Organising Finances, Turkish Mortgages & Currency Exchange and most importantly your budget, you can find it all here, our advise on this important subject.
As well as a budget for the actual price of property, budgeting for purchase costs including a lawyer, notary, taxes, and relevant fees, here are the approximate costs to cover all fees and charges.
If you have already visited Turkey on holiday, you may know where you want to buy property. There are many districts have impressive portfolios of apartments and villas for you to choose from.
Before you start, it is important to list your reasons for buying, so you find the perfect match. Here is how we would like to advise you as well as our responsibilities towards you.
The annual running costs of property in Turkey are relatively lower than western countries. This explains why Turkey is a popular choice for expats.
So you’ve bought your property and are ready to take the plunge to live in another country. Well done and the good news is that moving to Turkey is relatively smooth as long as you plan and research beforehand.
Turkey is an attractive buy-to-let destination. Some people rent out their property while they are not in the country, either to keep someone there at all times for security or to make a second income and recoup running costs.
Inheritance laws and wills vastly differ in Turkey. Spouses and blood relatives are automatically entitled to any assets. Since there is no inheritance tax, property investments in Turkey are becoming more popular year after year.
Here at Turkey Homes we have dedicated after-sales teams in many areas of Turkey, who are just a phone call or email away, on hand to assist you with all your after-sales needs.
Here the latest updates for how to apply for Turkish Citizenship under the new regulations. For foreigners to acquire Turkish citizenship, was amended by the presidential decree signed by President Erdogan on 19th of September 2018.