Before you do anything else, consult the
list of lawyers
that speak a foreign language or obtain information from your
embassy or consulate,
which has a list of trustworthy professionals with which
they regularly collaborate. In this way you can obtain official
confirmation of the information provided on this site.
How do you buy a property in Turkey?
 Step
1: signature of a contract
When you have chosen your property, a contract has to be
signed by the vendor and you before a Turkish lawyer of your
choice to certify the sale conditions. Note that the contract
can be terminated at any time according to the agreed terms.
Step
2: photos and copy of passport
Provide the lawyer with two identity photos and a copy of
your passport.
Step
3: open an account
To facilitate the final payment procedure, open an account
in a Turkish bank without paying the minimum amount. At this
stage you can leave Turkey or continue with your holiday.
Step
4: payment of the deposit
On returning home, pay the deposit agreed in the contract,
generally 10% of the buying price. If the contract is breached
or the clauses are not satisfied, the vendor must return the
deposit. If this is not the case, your lawyer will bring legal
proceedings according to the terms of the contract to oblige
the vendor to reimburse. Find out more about this procedure
from the lawyer.
Step
5: request for authorisation
Armed with your two identity photos, the copy of your passport
and a copy of the title of the property to be bought, the
lawyer goes to the Turkish Armed Forces offices, which authorise
the sale of the property. If the property is not situated
in a sensitive zone not authorised for sale to foreigners,
which is not the case for Green Village, the request generally
takes 4 to 6 weeks.
Step
6: final sale
Once the authorisation has been received from the Armed Forces,
return to Turkey for the final sale. Note that this can also
be carried out through a power of attorney if you cannot travel
and you have someone you can trust on hand – your lawyer for
example. Before you come to Turkey, transfer the balance of
the sale price to your account with the Turkish bank.
Step
7: payment of the balance
On the day of the sale, go to the Land Registry office with
your lawyer with a banker’s cheque for payment of the balance
of the price, plus cash for 1.6% of the price of the property.
The vendor and you pay the registration fee of 1.6% of the
total amount. The Land Registry then executes the order for
the vendor to provide you with the title to the property and
to register the property in your name. Hand over the cheque
to the vendor.
Congratulations: you are now the owner
of a property in Turkey.
You lawyer – or one of his staff – will accompany you to the
administration offices to carry out the various formalities,
such as connecting the telephone, water and electricity.
|
