Buying Property in Turkey - The Process
Buying property in Turkey is a straight forward process, and often easier than in other European countries.
Buying in Turkey is still a relatively simple process which our staff will be happy to assist with and guide you through.
Once you have found your dream home you will be required to pay a 10-20 % deposit in order to secure the property and start the conveyancing procedure. This takes the property off the market and fixes the purchase price.
If you wish to use a solicitor or lawyer personal recommendation is usually the best way if this is not possible we can recommend an English speaking lawyer.
If however you wish to avoid the expense or a lawyer, usually about 300 GBP, our conveyancing agent can handle the transaction for you.
In either case you will have to give power of attorney to the person acting on your behalf. This transaction must be completed in the public notary office where an official interpreter will be present to explain the procedure to you. So that there can be no comelict of interests you will pay the interpreters fee.
As soon as power of attorney is signed over the process begins. This can take up to 3 months as security clearance must be given by the authorities.
When the paperwork is completed the full amount of the purchase price must be paid and the title deed (
TAPU ) will be transferred to you. This takes place at the property registry office and both the buyer and seller are required to be present to sign the deed title in your name.
The total cost of the property transfer will be about 5% of the value of the property.