The Buying Process

Buying a property in Turkey is a relatively simple process but it takes a while due to the military checks.

M ost people are surprised at how straightforward the buying procedure is in Turkey. Once everything has been agreed, a property transaction between two Turkish people can be completed in an afternoon. For a foreign buyer is takes slightly longer because of the need for official permission from the military authorities. Armaya International will be responsible for all aspects of the buying procedure and all the legal documentation required.

Below is an outline of the main steps of the buying process.

1. Property search
2. Deposit/reservation
3. Sales contract
4. Power of attorney
5. Title deed transfer (Tapu)

Step 1 - Property search
Initially we will talk through your requirements and based on this, gather a number of properties that we feel suit your needs, and arrange a viewing. We want this part of the process to be enjoyable, informative and ultimately satisfying.

Step 2 – Deposit/reservation
Once you have found a suitable property you will need to put down a deposit in order to secure it. This fee is usually 10-20% of the purchase price but the exact figure will be confirmed individually with the house owner or builder at the time of purchase. When the deposit gets paid, a receipt is given and this amount gets written into the sales contract.
Step 3 – Sales contract
At this point a sales contract is drawn up between yourselves and the seller. This will include information such as deposit paid, agreed sale price, date of transfer, and snag list if any. We will require from you two passport size photographs of the person whose name will be on the property deeds plus a full photocopy of your passport.
Step 4 – Power of attorney
Should you not be present in Turkey for the actual purchase of your property, you then need to go to the Notary's office (similar to Notary public in the UK) to sign a document giving your agent or solicitor, the power of Attorney for the property, not for money. This enables the agent to continue with obtaining the Title Deeds in your absence.
Congratulations! The initial stage has been completed and you do not need to be present for any more of the property purchase transactions. Steps 2 to 4 only takes a few hours to complete.

Step 5 - Title Deed Transfer (Tapu)
Once military approval has been granted, the title deeds are re-issued into the new owners name and forwarded back to the local Land Registration office who, in turn contacts your agent. It is at this point that the last payment gets paid to the vendor/builder and the deeds are collected. Your agent or solicitor can pick up your deeds on your behalf if you have given them power of attorney. Your title deed can then be kept in a safe place pending your next visit.

Buying Costs
Main Property Purchasing Costs

1.Purchase tax:
4% on the ‘declared’ value of the property to be paid to the government. As house prices are set by the City Council for taxing purposes, their valuation is much lower than the actual purchase price This is a one off payment and it is due once the TAPU is received (step 6).
2. The solicitor's fee: (should you require one)
Prices start from about £500.00 pounds and will vary depending on which solicitor you choose to use.
3. Notary charge:
Approximately £150-200 notary charge for the power of attorney and the translation of your passport. This needs to be paid at step 4.
4.Map search:
2 maps are needed. The first is a map of where the property is located and is sent to the Izmir Aegean Army. This costs approx. £35. The second is a 1/5000 map used in the title deed process. This costs approx. £400 but price varies for different Municipality areas. (step 5)
5.Title deed registration:
£ 30 registration of title deed in your name. This is paid in step 6 and is paid only once.
Please note, The charges for purchasing can differ from region to region. it is therefore difficult to give a detailed and complete picture of the final cost involved.

Additional fees
Utility Registrations
Water and Electricity to be transferred into your name – approx. £150
Compulsory Government Building Insurance (DASK):
This insurance has been compulsory since 2000 and costs approx. £35 a year depending on property size.
Home and Contents insurance:
This is not mandatory and can be done once the property deeds have been registered in your name. Approximatly £150 but costs vary depending on cover required and value of property.
Real estate tax
An annual property tax is collected by the municipalities (i.e. local governments) at the rate of 0.3% for land and 0.1% for a house. This can be paid annually or in two payments, one in May and the next in November.

Who Can Buy?

Most foreign nationals can purchase property in Turkey providing that:

* There is a reciprocal agreement between the government of Turkey and that of the purchaser. This agreement does exist between Turkey and the U.K. and many other countries.

* The intended property lies within the boundaries of a municipal area, i.e. town or village with more than 2,000 registered inhabitants.

* The intended property does not lie within the confines of a military zone.
Bargain Properties
Bursa - Yalova
Bodrum - Bodrum
Dalaman - Dalaman
Sapanca -
Trabzon -
Trabzon -
Istanbul - Istanbul European Side
Antalya - Alanya
Marmaris -