Buying and Legal Procedures
IDEAL Real Estate Services offers properties suiting all budgets. We have a very large selection of properties and IDEAL Real Estate Services is at your service to help you with every single step trough the formalities. Buying property in Turkey trough IDEAL Real Estate Services is easier than you think and far more inexpensive than you fancy!
Purchasing Real Estate for Private Use in Turkey is not as complicated as you might imagine. The procedure is often far simpler than in most other European countries.
Foreigners may purchase land and property in Turkey under their own names provided that properties are located in anywhere except restricted military zones and when the time comes to sell, the proceeds of the sale may be transferred out of Turkey.
The new owner of a property receives a “Title deed” (Tapu) in Turkish. Tapu is the official document proving ownership of a property. Land Registry Office, which is a State Department, is the only authority to transfer the title deed to your name. No other person or authority is able to transfer the title deed to your name. The title deed may be transferred once checks have been made to ensure the property meets all necessary requirements.
Formalities step by step:
- When you have decided to buy your own property, you can start with opening a bank account where IDEAL’s staff will be pleased to help you open a bank account at a local bank.
- The buyer gives “power of attorney” to IDEAL’s staff, authorising them to carry out all the formalities for the purchase and to give the buyer post purchase services. Power of attorney usually includes authorisation to buy/register the property in the name of the buyer, to obtain “completion report” for the property, official registration of water and electricity meters, insurance for the property, registration of property in the municipality department, payment of local taxes, etc...
- The property owner/constructor and the buyer sign a “Sales Contract” before a Notary Public in most cases. This is an official document stating all the personal data of the seller and the buyer, details and the price of the property, payment conditions, date of the contract, special conditions etc...
- An application is made to the Land Registry Office for starting procedures for Military permission (For checking that the mentioned property is outside of any Military Zone. Normally this process may take several months). If required, all paper work will be done by IDEAL and the expenses will be paid the buyer.
- Once the permission from the military is given, the property owner/constructor and the buyer (or their legal representatives) go to the Land Registry Office to transfer the title deed to buyer’s name.
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