Buying Property in Turkey in 3 steps
Buying property in Turkey
Buying property in Turkey is a safe and easy process, provided buyers use the services of a reputable estate agent. However, you should be careful who you buy.
Buying property is easy in Turkey. Please follow 3 significant steps as below
Step 1: Buying Contract and deposit
Once a sale is agreed upon, a purchase contract will be drawn up for the buyer and seller to sign, and the deposit will be paid. On signature of the contract and payment of the deposit, the contract becomes binding on both parties. The deposit is generally 10%
The buyer and seller face-to-face should ideally sign contracts in the presence of the Turkish solicitor. However, this is not always possible and it is acceptable for the buyer to sign the contract back in their home country, witnessed by a local solicitor or notary public.
Step 2: Application
Turkey's Title deed transfer application process is similar to that in many other European countries.
The seller made an application to the Title Deed Office with the document below:
A translated and notarized photocopy of the buyer and seller’s passports.
Details of the property are submitted.
2 photos of buyer and seller.
Step 3: Completion. Transfer of the Title Deed:
At completion, the buyer and seller must meet at the local land registry office to transfer the title deed. The official translator should be ready at the office for foreign buyers.
On the title deed transfer, the contract balance will be paid to the seller.
So Easy
Power of Attorney:
If you don't have time to be in Turkey for the Title Deed transfer process, you can give power of attorney to the Basic Apartment, and we follow all the procedures for you!
For more information about the granting power of Attorney in Turkey, please click https://basicapartment.com/purchase-guides/power-of-attorney