BUYING PROPERTY AND OUR SERVICES

So, you want to buy a property in Turkey and you have an idea of your budget, property type and the ideal location, but what's the next step;

Inspection Trip :
The best thing to do is to come along on an inspection tour. All you have to do is to complete a local, English-speaking property expert will arrange private viewings of the types of property that you're interested in. Inspection tours are a great opportunity to see and compare several properties in one visit, get an idea of local amenities and facilities, put your questions to the experts, secure your dream property by putting down a deposit, explore the surrounding areas, maybe squeeze in some time on the beach or at the golf course, and of course learn our company.

We can arrange flight and accommodation for you, collect you from the airport, help organise an itinerary for your stay, arrange viewings for the properties you are interested in and answer any questions you may have. For the duration of your visit our team will be on hand to help make your stay as enjoyable and informative as possible and at the end of your stay we will transfer you back to your departure airport.

Land registry office :
Generally in Turkey the buyer and the property owner sign a deed (promise to sell and buy contract) before a notary public. This contract includes information about the real estate, the buyer and the seller, necessary details about the payment, the time of the conveyance and etc.

Once you have decided which property to buy you need to sign an agreement and pay a deposit of purchase price to reserve it, and stop it being sold by the property owner to somebody else, until the procedures are all done.

A photocopy of your passport, details of your mother's & father's names and 4 passport size photos are needed at this point.

We go to the Land Registry to start the process of buying your property.

In most European countries the buyer and seller go to a public notary to have the property put in the name of the new owner. The public notary is responsible for the correct settlement of this procedure. The public notary is also responsible for the delivery, which often takes place in the form of a 'deed of transfer' and the entry in the property register.

In contrast to this, the entry in the property register in Turkey is not performed by a public notary, but by an official of the Property Registry Department. It is legally compulsory for both sides (the seller and the buyer) to be present at the entry. It is possible to authorise another person to do so (i.e. give someone power of attorney) but the authorisation requires a notarial deed.

The delivery of the deed of transfer does not require the intervention of a public notary in Turkey. The only applicable stipulation concerning the delivery is that it takes place in writing. After the entry and delivery the property register issues a proof of ownership, which is called 'Tapu'.

In order to acquire the title of a property, an application has to be submitted to the local Land Registry Office in the area in which the property is situated. After carrying out necessary searches and checks, the transfer of the title is done by the Land Registry Office. Sometimes this process can take a few weeks, unless the owner of the property is already a foreign national, then the checks and searches have previously been carried out and the whole procedure can be done very quickly.

Title Deed (Tapu) :
As soon as permission is received from the Land Registry Office we go to the Land Registry Office to transfer the property with an property Seller. It is requires to pay the purchase tax and earthquake insurance, after this the Land Registry Office transfers the property to you as the new owner of the property on the land register, and they give immediately the "Tapu" in the land register which is signed on your name(s). This page in the land register proves you as an owner of the property.

The purchase price specified in the sales contract is not entered in the page in the land register. In Turkey there is a so-called value mirror. This means that the minimum price can be entered in the Tapu (title deed). This is a legal process which can save you money but of course the actual purchase price can be entered in the title deed if your desire (this means, however, that the vendor and yourself will have to pay a lot more tax on the sale). The entered minimum price does not have any significance in terms of a possible resale. You, as the owner, can determine the selling price.

If you have any further questions regarding buying property in Turkey, making arrangements for viewing or living in Turkey we will be more than happy to answer any queries or questions you may have, just fill in the online enquiry form info@yasaroglu.co.uk