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Real estate Turkey
Buying a property in Turkey is not as complicated as you may think, although it can be time consuming but we aim to make the process as easy as possible for you.

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Buying a property in Turkey is not as complicated as you may think, although it can be time consuming but we aim to make the process as easy as possible for you.
Foreigners are able to purchase land and property under their own names.Once a sale has been agreed an application is made to the local land registry office to acquire the title deed of the property (known locally as tapu).

A copy of your passport is sent to the Ministry of Defense for authorization which can take from 6 to 10 weeks. Once all the checks on the property or land have been carried out and the authorization has been returned from the Ministry of Defense the title deeds will be changed into your name.
Should you decide to sell your property you can do at any time and are free to take the money out of the country.

BUYING OFF-PLAN
We can give you great offers, especially if you buy `off plan`. Choosing to buy `off plan` property can benefit you in many ways. When buying your off plan property you may have a short time to wait for your property to be completed, but your money will be working hard for you in that time. Holding on to the property for a longer term means you can benefit from the fast growing property market and have a great holiday destination while your investment is appreciating.

With property prices increasing annually, imagine the possibilities if you also `buy low` in such a market. Off plan property is a great investment option and you will get a great return for your money and remember, the earlier you buy, the less expensive your total purchase price will be.

Buying off plan property is a brilliant option.
Why not consider the option, and Have a look at the `off plan` properties we have available and you will soon be enjoying your own property investments.

Do yourself a favour and `buy` off plan property.

If I buy a property in Turkey how does the payment schedule work?
Buying a home in Turkey is a much more straight forward process than in Europe. We will advise you of legal requirements assist with payment schedule for your property and offer unlimited practical help until the completion of the sale. You don’t need a lawyer for the procedures at the Land Register Office; it is not a legal requirement. If you wish to be advised by a solicitor to verify all the process we can recommend you a reputable solicitor who speaks your language and will draw up contracts for you to sign with our company.

We strongly recommend you to set up a bank account in Turkey as this is the best way to transfer funds both in and out of the country and is also ideal for arranging direct debits for running costs of their new home and you should also obtain a tax number. We will be more happy to assist in this as a part of our service.

When you sell your property in Turkey, you are free to transfer the proceeds of the sale out of the country.

Once the sale agreement has been made, drawing up the agreement of the proposed purchase price and proposed date of `close of sale` will be under our consideration.

The documentation will be written both in Turkish and English and relevant copies will be given to both the buyer and seller and the final copy will be submitted to the Land Registry Office for application of sale and transfer of names on the Title Deeds. This process can take up to 10 – 12 weeks.

Final Step

The last closing sale process will be held at the Land Registry Office. On this step the Title Deeds and keys will be exchanged and the balance due on the purchase price in the presence of an official interpreter.

The Land Registry Office will ensure that all debts, bills and charges on the property have been finalised and paid by the seller prior to closing the sale and exchanging of deeds. All fees are payable on the day: title deeds tax, Notary. Finally you can get your title deeds and key of your Turkish home.

“WELL DONE YOU HAVE FINISHED SUCCESSFULLY ALL THE STEPS. NOW YOU ARE THE LEGAL OWNER OF YOUR DREAM HOME IN TURKEY”

CONGRATULATIONS!!!!

What does it cost to run a home in Kusadasi or Didim ?
There are property taxes payables annually between 100 – 150 Euros on all properties. Utility bills are easily managed from home. The cost of life in Turkey is significantly lower than in many European countries.

Electricity, water charges and community fees are paid by direct debit. Most banks offer an online facility allowing you to keep track of payments from home.

Running costs

For an overview of all taxes and running costs to pay read below.

Legal Fee: € 250 approx

Property surveys Fee - € 100 approx

Interpreter Cost: € 100 approx

Title Deeds Tax: Depends on the square meters of the property, the property location and the title deed value of the property and is calculated by the County Council and Title Deeds Office.

Property Tax: 100 € per annum (recalculated annually)

Water & Electricity Connection Fees: 300 € approx

Electricity Charges: Approx 0.10 € per a kilowatt.

Water Charges: Approx 0.60 €

Earthquake Insurance: depends on square metres. For example a 100m2 house in Kusadasi cost approximately € 100 annual. Earthquake Insurance renewable annually and is mandatory.

Community Tax: 12 € per annum for local services.

Community fees: With most types of Turkish property you will have to pay a community charge to cover the cleaning of communal pool, care of common green areas gardens etc. The rubbish collection charges are included in these fees. The amount you have to pay depends on the number of properties within the community and the services that the community agrees on. This could cost around €20 per month in a larger community.

In the case of when the client can not return to Turkey to close the sale before they return home they will have to appoint a person as Power of Attorney to close the sale on their behalf. This process is organized by The Notary Office who will submit an official contract so all parties concerned will understand the agree and an official interpreter has to be present. There will be little extra cost for Notary Office.