Property buying guide for Turkey
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Buying and registering property in Turkey

Turkey is a popular destination for buyers looking for hot deals on resort property, luxurious urban abodes and historical buildings to renovate. With prices rising year on year, it might be worth checking out our guide to buying property in Turkey.

How it works in Turkey:

1. Find a property. A local real estate agency offers properties that match your preferences as a buyer. The city, district and your budget are the main things to take into account. Once you have found one or more options that interest you, the agency will arrange viewings. Don’t hesitate to ask your real estate agent any questions about the property, payment procedures or potential discounts.

2. Sign the preliminary sales contract. This document sets out the price and payment schedule.

3. Get your tax identification number. You will need this to open a bank account and close the sale in Turkey.

4. Open up an account with a Turkish bank. Foreign citizens can also apply for a mortgage in Turkey.

5. Pay the deposit. Your down payment is approximately 10–25% of the purchase price and its payment obligates the seller to withdraw the property from the market. If you change your mind and decide not to buy the property, the deposit is non-refundable and cannot be used to buy a different property.

6. Notarise a translation of your passport. Your passport needs to be translated into Turkish and notarised.

7. Get your purchase approved. Non-residents intending to acquire property in Turkey need special approval delivered by the Turkish Military Authority (Türk Silahlı Kuvvetleri) in Izmir and the Land Registry Office (Tapu Kadastro Müdürlüğü) in Ankara. This step is not compulsory if you are buying property in a building complex where there are already foreign citizens.

8. Register your property. Once your application has been processed by the state authorities in Izmir and Ankara, you will need to register with the local land registry office for your property title (tapu). Tax amounting to 4% of the cadastre value is charged upon registration.

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    Property buying guide for Turkey
    Article 2 of 6
    Tranio’s managers offer advice on buying real estate in Turkey
    Tamara Nielsen
    Tamara Nielsen
    Real Estate Expert
    +44 17 4822 0039
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