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 Buying information page

  Land Registry

New Build

Living rights

How easy?

You can purchase real estate in towns and villages in your own name as a foreigner. 
You cannot buy property in military zones and security areas. 
The law states that you cannot buy  property if it is located within a particular distance From military sites or strategically important areas. 
Many places along the coastline are covered by this law. It is therefore essential to check with the military authority to see if the property is affected by these restrictions. 
                                                                                                                         
Firstly you have to apply to the local Land Registry Office who will carry out the necessary searches and checks after which they will transfer the title to the new owner. 
A solicitor is not required in Turkey as the Land Registry Office and the Notary Office performs these duties,              however you may wish to use the services of a solicitor for your own peace of mind. 
We can recommend good bi-lingual solicitors to you. Buyer and seller must both go to the Land Registry Office and sign in person. (It is possible for a third party to buy the property by Power of Attorney which must be notorized).                        The land registry office then issues a Tapu (deed) as proof of ownership to the buyer. 

The entry in the land register must be checked very carefully before purchase to make 
sure the seller is legally entitled to sell. Someone who obtains property by inheritance,
execution of debts, or judicial decision actually becomes the legal owner before the ownership 
title is transferred in the land register. 
Therefore the registry may not reflect who the legal owner before the ownership title is transferred in the land register. Therefore the registry may not reflect who the legal owner actually is. 

The seller may also have an obsolete proof of ownership. TOP


If you are buying a property that is not yet constructed there are three parties involved, the buyer, the developer and the owner of the land. The property developer needs to show that there is an agreement between the owner of the land and his company, on which it states that the owner  land gives permission to build houses on his land. Since the house has not been built yet,
 no entry is in the land register and purchase cannot take place yet. The ownership of the building can only be obtained when the house is Finished. As the developer must be sure that the buyer will pay the purchase amount, a rental agreement is made in which it is specified that the buyer will pay at intervals depending on the progress of the construction. 
Once it is finished and the full purchase amount has been paid then the entry is made in the land registry that the property exists and then ownership is registered to the buyer. 
The danger here is if the construction company goes bankrupt, or cannot complete construction ,the rental agreement you have is then worthless. 
Therefore we strongly advise having additional security. When you buy a property here, there is 1.5% stamp tax, to be paid by both buyer and seller. 
The seller will very often insist that the buyer pays his half of the stamp tax. 
This of course is negotiable before the contracts are signed.  
There is also an annual property tax, collected by the municipalities (i.e. local governments) 
at the rate of 0.3 per cent for private buildings. 
The newly built properties are exempt from the annual property tax for 5 years. 
All properties are subject to revaluation every five years for tax purposes. 
The acquired property may be resold or rented out and the proceeds may be transferred out of Turkey. 
Different regulations apply when a property is purchased for business related purposes.
         TOP                                   

                                                       
You cannot live in Turkey if you have a criminal record for a serious offence. 
Property can be bought very quickly here but regulations can also change very quickly and we strongly recommend that you use our valuable assistance when purchasing , as our objective and professional bi-lingual staff can guide you through the mine field and avoid great distress and disappointment. 
You can purchase real estate in towns and villages in your own name as a foreigner.
Please note all prices are subject to the exchange rate on the date of purchase often insist that the buyer pays his half of the stamp tax. 
This of course is negotiable before the contracts are signed.  
There is also an annual property tax, collected by the municipalities (i.e. local governments) at the rate of 0.3 per cent for private buildings. 
The newly built properties are exempt from the annual property tax for 5 years. 
All properties are subject to revaluation every five years for tax purposes. 
The acquired property may be resold or rented out and the proceeds may be transferred out of Turkey. 
Different regulations apply when a property is purchased for business related purposes. 
You cannot live in Turkey if you have  
a criminal record for a serious offence.                        TOP           

 How does buying a property in Turkey Work?                                                                                                                   1Find the property you like                                                                                                                                                    2You sign a reservation contract, if necessary. Often this will not be necessary as the seller will allow you time to carry out       your investigations without requiring you to sign anything.                                                                                                         3 We get our (or your) solicitor to carry out various checks to ensure the property has a good transferable title, planning permission etc                                                                                                                                                                         4 You sign a purchase contract and typically a 10% deposit plus 3% services fee.                                                                  5 We get our (or your) solicitor to apply for a security clearance to permit you to own a home in Turkey.                               6 Further checks are carried out to ensure that the property has good clean deeds etc                                                            7 The property transfer taxes are paid                                                                                                                                   8 You then sign a deed of transfer of ownership in front of a officer at the land registry. At this point you pay the rest of the price of the property.                                                                                                                                                         9the land registry records you as the official owner of the property and the property is yours.TOP        

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