How to Buy a Property in Turkey?

How to Buy a Property in Turkey?

Today, buying real estate in Turkey has become extremely easy. In this direction, many foreign investors can invest by buying various real estate properties from Turkey. 

According to Article 35 of the Land Registry Law No. 644, foreign citizens can buy houses from Turkey, if they comply with legal restrictions. Foreigners are not required to have a residence permit in Turkey to buy real estate. Article 35 of the relevant law has several restrictions for foreigners to buy a house.  This, in turn, is limited to situations that will be in the interests of both the investor who will buy and the country.

Those Who Want to Buy Real Estate from Turkey Need To Know

  • General Directorate of land registry and Cadaster (Department of Foreign Affairs) and Land Registry directorates or embassies/consulates of the Republic of Turkey by applying to which country citizens can buy real estate in Turkey should be learned.
  • It is necessary to confirm that the housing desired to buy is not within the borders of the military security zone. This information can be obtained by asking the authorized command by the Land Registry Office. If the property is within the boundaries of the security zone, the sale of the house to foreigners cannot be carried out.
  • After obtaining information about the restrictions imposed on the purchase of real estate by foreigners in Turkey, the sale process can be carried out.

Guidelines to Buying Real Estate in Turkey

Foreign citizens who want to buy a property from Turkey are required to make an appointment for land transfer transactions. Documents that foreign citizens must prepare to buy real estate are as follows. 

  • Real estate deed
  • Identity card or passport (translation of these documents can be requested if necessary).
  • Real Estate Fair certificate obtained from the municipality.
  • Compulsory earthquake insurance (DASK) policy.
  • Real estate valuation report.

We have prepared for you the main steps required to buying a property or properties in Turkey. These steps are as follows.

  • Conducting Thorough Research

It is important to do research before investing in Turkey. Choosing the right consultants would guarantee you the safest and profitable investment. Our expert team will guide you from the first step until the last, and give you the most honest consultation when it comes to the real estate sector here in Turkey. It is our main priority to fully satisfy our clients. We guarantee you will feel safe with us, and can safely move your investment tool in the right place.

  • Talk to Your Consultant

It is essential that you can talk freely with your agent and tell them what exactly you are looking for. As JadeProperty team, we do not just start sending our clients random projects just so we can sell them out. In JadeProperty we build trust. It is important for us to arrange a call with our clients to get to know them and their specific needs, and afterward we make our utmost effort to find the best and most suitable real estate for our clients. If our experts cannot help with your specific needs, we would tell you without wasting your time.

  • Visit Turkey

Although many investors successfully buy properties in Turkey without having to come to Turkey, however, we find it important that foreigners should visit the country before investing in it. To gain the trust of our clients we give them our honest opinion. You have to come to Turkey, visit the regions, try its different cuisines, meet its people and see different properties and options. Afterward you will feel more satisfied during the purchase process.

  • Go on a Real Estate Tour and Explore all Options

After visiting Turkey, your agent will arrange a meeting with you to go on a property tour and find the best options for yourself. Our team will pick you up from the airport and take you to your hotel, and when you are ready to have the tour we will pick you up from the hotel and take you to the best investment options for your specific need. We never give a specific number of properties to be visited. Some clients make their decision after a few visits while others like to take their time. In the end, it is buying a property, so it is important that the client would be 100% happy with their choice. Therefore we leave it for the client to choose if they need to explore more options or not, while the clients will leave it for us to find them the most suitable real estate to invest in.

  • Price Negotiation

A good agent will know how to correctly negotiate with the seller. You should feel confident to leave the negotiation to us. With our extensive networks with different projects around Turkey and our good reputation, our clients always leave happy. It is our priority to do our best effort to get you the best possible price, so feel confident with us.

  • Property Reservation 

After finding the most suitable property for yourself, and you feel 100% confident, you will be needed to pay a deposit to the seller to reserve the property for you. The deposit is usually $1,000 and is nonrefundable. The seller will then ask you to pay the full amount of the property within 2 weeks.

  • Property Purchase

The purchase is made by transferring money from the client’s Turkish bank account to the seller’s account and the contracts are signed. Some investors appoint a lawyer by the power of attorney to do the purchase process on their behalf. We provide you with the best lawyer for this job to ensure everything is done according to the law, and that the property is safety inspected and it is registered in your name. The purchase process usually takes up to 4 months.

  • Title Deed

The final step is receiving the title deed of the property. After all, the required paperwork has been secured, and the payments have been made for the property and the title deed, your property will be registered to your name and you will receive your title deed.

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