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Steps to buy and own a property in Turkey

خطوات شراء و تملك عقار في تركي
  • The buyer or investor comes to the city wishing to own or invest in Turkey

 

  • Arrange and organize exploratory tours of areas and real estate projects provided by Ramzi Company, and provide advice and detailed explanation of all the real estate components of these projects.

 

  • Extract the Vergi No tax number of the buyer or investor in Turkey

 

  • Opening an account for the buyer or investor in a Turkish bank, in order to facilitate the transfer of property value from the country of residence to Turkey.

 

  • The purchase contract consists of several items written in Turkish. The contract is signed by both the buyer and the seller. The amount paid by the buyer is paid in order to reserve the property until the title deed is formally received from the Land Department and the Land Registry. In the city where it was purchased.

 

  • Documents required for the purchase contract:
  1. Copy of the valid passport of the buyer
  2. Two solar photos of the buyer (no more than 6 months old)
  3. Copy of the building license and registration document in the municipality
  4. A copy of the title deed of the property to be transferred later to the new owner.

 

  • In case the buyer or investor is the first foreigner to buy in the area, registration of the property in the name of the new buyer may take between 45 to 60 days, so that the process of ascertaining that the property does not fall in areas prohibited to the possession of foreigners and obtain the permission of the competent authorities, Any other foreigner who purchases from the same area (after the approval of the first buyer), the transfer of title takes two to three days. It should be noted that the vast majority of the projects available to us have been acquired and purchased many properties by foreign buyers and investors, Get approved already, to be a transfer The property is easy and simple and takes only two to three days.

 

  • Receipt of title deed and property key, and payment of property value to the seller. Thus, the deed of ownership of the property is handed over to the Land Department and the Land Registry, in the presence of both the buyer and the seller, in the presence of an authorized interpreter as well.

 

 

Taxes and fees required during the purchase process:

  • Translation and ratification of the passport of the buyer or investor for the Turkish language: US $ 100.
  • The fee for obtaining title to the property (Tapu) in the name of the new owner: US $ 90.
  • The property tax in the Republic of Turkey is: 3.9% of the total value of the property.
  • Fees for calling an interpreter “English-Turkish” and registered with the Turkish Translators Association: US $ 100.
  • Fees for applying for transfer of property (paid to the Land Registry Office and Land Registry Office): US $ 200.
  • Annual municipal fees, which are: 0.03% of the value of the property, paid in the municipal palace of the city in each year of May, in exchange for services related to the civil organization of the municipality.

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