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Home > General Information > Property Buying Guide in Turkey

LEGAL PROCEDURES

Foreigners from countries listed below can purchase a property in Turkey

ANDORRA, ARGENTINA, AUSTRALIA, AUSTRIA, BAHAMAS, BANGLADESH, BARBADOS, BELGIUM, BELIZE, BENIN, BOLIVIA, BOSNIA-HERZEGOVINA, BOSTWANA, BRAZIL,
CAMEROON, CANADA, CAPE-VERDE, CENTRAL AFRICAN REPUBLIC, CHILE, COLOMBIA,
COSTA RICA, COTE D'IVOIRE, CROATIA, DENMARK, ECUADOR, EL SALVADOR, ENGLAND, ESTONIA, FINLAND, FRANCE, GABON, GERMANY, GHANA, GUINEA, GRENADA, GUATEMALA, GUYANA, HAITI, HONDURAS, HUNGARY, IRELAND, ISRAEL,
ITALY, JAMAICA, JAPAN, KOREA,SOUTH, LATVIA, LIECHTENSTEIN, LITHUANIA, LUXEMBOURG, MALAWI, MALAYSIA, MALI, MALTA, MAURITANIA, MAURITIUS, MEXICO,
MONACO, MOZAMBIQUE, NETHERLANDS, NEW ZEALAND, NICARAGUA, NIGERIA, NORWAY, PANAMA, PARAGUAY, PERU, PHILIPPINES, POLAND, PORTUGAL, SAN MARINO,
SENEGAL, SINGAPORE, SOMALIA, SOUTH AFRICAN REPUBLIC, SRI LANKA, SPAIN, SWAZILAND, SWEDEN, SWITZERLAND, TANZANIA, THE REPUBLIC OF DOMINIC,
TURKISH REPUBLIC OF NORTHERN CYPRUS, UNITED STATES OF AMERICA, URUGUAY,
VENEZUELA, YUGOSLAVIA(SERBIA-MONTENEGRO)

Foreigners may purchase a property in Turkey under their own names, provided that the properties are not located in military zones.

For this reason, after decided to buy a property, an application is made to the Land Registry Office to start procedures for Military clearance. (this process usually takes up to 3 months).

The first thing to start with would be getting a local tax number and opening a bank account in a Turkish Bank. This you could easily do on your first day.

The seller of the property and the buyer sign a “contract”, where the complete price of the property, all the property details, received deposit, payments etc. are listed.

For the other legal procedures it is possible to give the estate agency a power of attorney for buying / registering the property in your name. Important: This power of attorney does not include the authorization for selling the property, it is only for buying and transferring the property to your name.

After the military clearance is through, the buyer needs to come for finalizing.
The new owner of a property will receive a “Title deed” (Tapu) in Turkish. Tapu is the official document proving ownership of a property.

How much are the annual taxes?

You pay 3/1000 of the declared value to the municipality. After you received the deed, you have to apply to the municipality within 4 weeks. If your inscription is delayed, you have to pay a fine (about 10.- Euro)

How much do I pay to the agent?

The official rate to pay is 3% of the purchase price for both the buyer and seller.

 

Buying procedure in Turkey. Property buying procedures in Turkey.



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