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Buying-Selling Procedure
Buying-Selling Procedure

which is home to many foreign countries with the unique beauty owned by Turkey is located between. Holidays, trips home to many tourists coming from Turkey, it is investigating the owner of the villa to be willing and conditions of foreigners purchase land from Turkey. In particular, it is known that recently increased the demand of home ownership by foreigners in Turkey. In addition, many foreigners own real estate for investment purposes. Real estate profitability rate is good compared to other countries.

Foreign nationals have the right to own real estate in our country, provided that legal restrictions are observed. The legal basis of foreign nationals are buying a property in Turkey is based on the 2644 Land Law.

In addition to the facilities provided for foreigners' real estate purchase procedures, there are also some restrictions.

- of the people of Turkey will buy foreign real estate from a total surface area must not exceed 30 hectares. It is imperative to comply with this limitation, even if it is to be purchased from different cities.

- If the immovable property to be purchased is located within the security zone, it will not be sold.


General Information on Property Sales to Foreigners

should we pay attention to foreigners wishing to buy real estate in Turkey:

1-First of all, a reliable official consultant must be found: Our company will provide this to you.

2-The real estate to be purchased should be examined well, there should not be any mortgage, lien or pledge on it. Sometimes the land with residential zoning can be of another type, attention should be paid… After it is purchased, it cannot be returned.

3-Down payment should be paid after these transactions are completed.

4-Deed transactions are carried out only in the Land Registry Directorates. A promise to sell contract is also made from the notary.

5-For the title deed transaction, the deed transaction can be carried out by the buyer or seller himself or by the person he has given power of attorney.

6-Foreigners can give a power of attorney from their own countries through a notary public or by going to the Turkish Consulate. The powers of attorney given from their own countries must be translated into Turkish and the powers of attorney must be illustrated.

7-Turkey to acquire property in person should take the tax number from the tax office

8- Foreigners who will receive citizenship must purchase title deeds according to the price specified in the expert report. Persons who are not citizens can sometimes declare the price value below the value of the exper, provided that it cannot be below the price determined by the municipality.

9-Although the purchase and sale tax is determined as 2% from the buyer and 2% from the seller, if there is no agreement between the parties or this issue is understood, it is usually paid by the buyer.

10-Officially, 2% is collected from the buyer and 2% from the seller as a real estate commission, or the payment is made in accordance with the agreement made.

11-trading operations, although not need to hire a lawyer in Turkey, in large purchases of-sale, commercial agreements would be beneficial for the prevention of loss of rights held Lawyer


Land transactions

Foreign persons must apply to the land registry offices in order to purchase immovable property. In these applications, they are required to have some documents ready.

- The valuation report prepared by CMB licensed real estate appraisal companies within 3 months determines the value of this real estate

- Passport and translation or identity document of the person who will acquire immovable property,

- Title deed document of the immovable,

- Mandatory earthquake insurance for buildings,

- Obtaining the real estate declaration value document of the immovable from the relevant municipality, document showing that the property to be purchased cannot be in debt

- Photo of the seller and the buyer taken in the last 6 months (1 of the seller, 2 of the buyer),

- Sworn translator for parties who do not speak Turkish,

- If the power of attorney is issued abroad, the original or a certified copy of the power of attorney with its translation is required to be able to act with it.

-After the deed fee is paid according to the declared value and after the payment is made to the seller, the title deed transaction takes place and the title deed is given to the buyer after the necessary signatures are made in front of the officer in the land registry directorates.

- Even if the title deed is lost, it does not matter, the main thing is the land registry records.

of foreigners wishing to buy property in Turkey, determined by the recorder of deeds in Turkey must be real property and limited real rights of a citizen of the country can learn is required.

Turkey has the right to apply to the mortgage buying a residence of foreign nationals. In order to apply for a loan, they must personally go to the bank and apply, or any person must receive a power of attorney on all their rights.

In the event of a dispute regarding the purchase and sale transactions, the incident must be brought to court and a lawsuit must be filed in Turkish courts regarding the incident.

Obligation of a real estate valuation report has been imposed in all transactions where foreign real persons are either buyers or sellers.

Foreigners who want to buy property in our country,

- Failure to sign legally binding contracts and not make payments at the Land Registry Directorates without obtaining information about the subject property, provided that they prove that they are concerned,

- It would be appropriate for them not to initiate their transactions without conducting research on the vendor or companies, and not to work with persons or companies that cannot prove that they are serious and reliable.

- In of any dispute regarding the purchase and sale, the situation must be brought to the judiciary and a lawsuit must be filed in Turkish courts. It is not possible for the Turkish Ministry of Foreign Affairs and its foreign representatives to be involved in the judicial process.

We help you make the right decision by assisting you in investing, buying, selling or renting.



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