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Buying in Turkey

Buying in TurkeyThe purchase of an overseas property should be both an easy and enjoyable process. Normally a lot of the responsibility lies with the vendor and if they are professional in their approcah there should be no complications within reason. Premium Properties endeavours to provide the best service possible regarding every aspect of the sale. The following is an overview of the basic purchasing procedures involved in buying an apartment, villa or commercial plot through Premium Property.

Whether the property is used as holiday residence, permanent residence or retirement residence, the purchase of property is always an investment for the future. Premium property and our services are available to you 365 days a year. Providing that one can respect and is familiar with the rules and regulations, purchase of property in Turkey is relatively simple, safe and without any risk.

Each transfer of ownership is registered at the Land Registry Office. After the transfer of ownership the new owner receives a proof of ownership, the so-called “tapu” (proof of registration at the Land Registry Office). The Land Registry Office is managed by the municipality. For the exchange of deeds the “old” and the “new” owner should be present at the Land Registry Office in person with their identity papers, a set of recent passport photos and the full name of their father. A sworn interpreter is required when either the buyer or seller is of foreign nationality.

In the event of there being an existing legacy, a legal will drawn up in the country of origin is officially recognized. If there is no legal will, then the Turkish law of succession is applied. With the exception of certain regions (for instance military areas) the Turkish land registry law (section 2644) permits the purchase of property anywhere in Turkey.

The exchange of deeds is executed exclusively at the Land Registry Office. The legal proof of registration and ownership the tapu is publicly recognised and property taxes are only levied on the amounts stated in the tapu. The tapu is only issued at the Land Registry Office in the presence of a sworn interpreter. Never accept a transfer of ownership through a lawyer, a notary or through so-called friends or acquaintances.

 

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