How To Buy Property In Turkey?

Buying a property in Turkey can be a complex process, and it’s important to be well-informed and to seek professional advice.

Steps To Buy A Property In Turkey

1. Research: Before buying a property, research the different areas in Turkey and to find a property that meets your needs and budget.
2. Due diligence: Before making an offer on a property, conduct due diligence to ensure that the property is free from any legal issues or disputes. This may include checking the property’s title deed and other legal documents, as well as checking for any outstanding mortgages or liens on the property.
3. Hire a lawyer: It is recommended to hire a lawyer who is experienced in Turkish real estate law to help you navigate the legal process and to ensure that your rights are protected.
4. Sign a contract: Once you have found a property that you wish to purchase, you will need to sign a contract with the seller. This contract is called ‘Undertaking to Sell Immovable Agreement’.
5. Pay a deposit: Once the contract is signed, you will typically be required to pay a deposit, which is usually around 10% of the purchase price.
6. Complete the purchase: Once all the necessary legal checks have been completed, an appointment is made at the land office and the purchase can be completed on the scheduled day.

Best Places To Buy Property In Turkey

The best place to buy a property in Turkey will depend on your personal preferences and needs.

Popular Regions In Turkey

1. Istanbul: Istanbul is Turkey’s largest city and a major economic and cultural center. It offers a wide range of properties, from historic apartments in the city center to modern villas in the suburbs. It’s also a great location for investments with its growing real estate market and high rental demand.
2. Antalya: Antalya is a popular coastal city known for its beaches, natural beauty, and historical sites. It’s a popular tourist destination and has a thriving real estate market. Properties in Antalya range from apartments and villas to large plots of land.
3. Bodrum: Bodrum is a very popular seaside town and a popular tourist destination, known for its beaches, nightlife and high-end properties. Properties in Bodrum range from apartments and villas to large plots of land.
4. Fethiye: Fethiye is a popular town located in the south-west coast of Turkey, known for its natural beauty and it’s becoming a popular place for foreigners to buy a second home. Properties in Fethiye range from apartments and villas to large plots of land.
5. Cappadocia: Cappadocia is a unique region known for its fairy chimneys, cave houses, and hot air balloon rides. It’s a great place for those who are looking for a unique property with a touch of history and culture. Properties in Cappadocia range from cave houses to villas.

Property Lawyer In Turkey

The process of buying a property in Turkey can be complex and it’s important to seek professional advice from a lawyer who is experienced in Turkish real estate law to help you navigate the legal process and to ensure that your rights are protected.

Here are a few ways a lawyer can help you when buying a property in Turkey:

1. Conducting due diligence: A lawyer can help you conduct due diligence on the property you are interested in buying, to ensure that it is free from any legal issues or disputes. This may include checking the property’s title and other legal documents, as well as checking for any outstanding mortgages or liens on the property.
2. Reviewing contracts: A lawyer can review the contract of sale for the property, to ensure that it is fair and that your rights are protected. They can also advise you on any legal terms or clauses that you may not understand.
3. Handling legal procedures: A lawyer can handle the legal procedures that are required to complete the purchase of a property in Turkey, such as preparing and submitting the necessary legal documents, signing the title deed transfers at the land office and ensuring that all of the legal requirements are met.
4. Advising on tax and regulations: A lawyer can advise you on the tax and regulations that apply to buying a property in Turkey, such as the transfer tax and the restrictions on foreign ownership.
5. Representing you in court: In case of any disputes, your lawyer can represent you in court to help you resolve any legal issues that may arise during the buying process.