The process of buying property in Turkey is quite easy and simple. You want to make a big move and purchase your home in sunny Turkey, where should you start?
Firstly, the whole buying procedure takes just 5 steps:
Legal Process Of Buying Property in Turkey
1- Sign the sales contract between the seller and the buyer.
Get an agreement about the price, the payment plan, what is included, what’s excluded, etc. The more detailed agreement you’ll have, the more comfortable you will feel yourself.
2- The foreigners need to get the TIN (Taxpayer Identification Number).
It’s literally 2 minutes job. You just go to the Tax office, fill the form, show your passport and get the TIN!
3- The foreigners need to translate their passports to Turkish and assure it at the notary.
Normally each Notary has a list of licensed translators for all possible languages.
4- Submit the documents to Cadastral Registry Office.
Unless you appoint a Power of Attorney, you will need to be present to apply for title deed transfer. The procedure of registration normally takes about 3-5 working days.
5-Get the TAPU (Title Deed)
After getting permits from the State Registration Chamber you’ve got your certificate of ownership in the presence of the licensed translator. At this point, the full settlement between buyer and seller must be done and all taxes and state duties should be paid.
Now you can transfer water and electricity subscription to your name.
That’s it! But… before you enter the first step, you have to get prepared…
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