When you have taken the decision to purchase a property in Turkey, you are faced with some practical procedures, which at first may feel difficult in a foreign country. Celta Homes will be at your service to make your real estate investment in Turkey as simple and good as possible!

Before sales services:

• Inspection trip
• Explain the procedure of the purchase process of properties in Turkey
• Offer you a wide selection of properties for sale in Turkey
• If necessary, assist you with the appliance of mortgage in Turkey
• Preparation of all necessary documents for your property purchase
• Assist you to get a bank account in Turkey
• Assist you with the title deed registration

After sales services:

• Assist to get insurance, electricity and water subscriptions for your property in Turkey
• Assist you with furniture and white goods purchases as well as furnish your new home in Alanya
• Hire a cleaning company
• Hire a construction company
• Apply for a residence permit in Turkey
• Car rental
• Airport transfer
• Rent out your home during the periods when you are not here

Turkey is known for affordable housing prices, and this also applies to the costs related to purchasing a home in Turkey.

Title deed (Tapu)
Prior to the purchase, there are requirements for certain documents that must be declared to the Tapu office before the title deed is registered in your name. When selling properties to foreign nationals, an expert valuation of the property in Turkey that you are going to buy is required, where an independent expert makes a property valuation report. A translation of your passport must be translated by a licensed translator in a Notary office. In addition, an official document from the municipality is required which declares that all property taxes have been paid and that there are no tax liabilities on the specific property.

Before the title deed is registered in your name, you’ll have to pay a tax, which is 4% of the assessed value of the property. In addition, a state fee is paid for the title deed process, and the costs of a sworn translator who will present at the title deed ownership transfer.

• Expert valuation report: 1.000 TL
• Municipal document declaring property tax: 50 TL
• Translation of passport: 300 TL
• Administration fee: 860 TL
• Licensed interpreter for TAPU ownership transfer: 500 TL
• One time tax to TAPU: 4% of the property's assessed value

Iskan
”Iskan” is a technical passport of a real estate object in Turkey, which proves that the property is built in accordance with the construction legislation for properties that will be used as residences. There are two types of Iskan: general (for the whole building) and personal (for the property). If the property does not already have Iskan, the buyer bear the costs of obtaining one. The price is based on square meters, but is usually between 1200-3000 Turkish lira.

Before the property purchase, Celta Homes will inform you about the Iskan situation of the property.

Property tax
An annual state tax of 0,1-0,2% of the property's assessed value is paid in the city hall before end of May once a year.

Property insurance
An earthquake insurance (DASK) is compulsory on all properties in Turkey. An estimated value of this is 100 Turkish lira. Property insurance is not compulsory, but of course good to have. Read more about property insurance in Turkey here.

Electricity and water subscriptions
Electricity:
Initial registration costs 450-550 TL, re-registration: 120 TL

When owning a property in Turkey and being a permanent resident in Turkey it is an advantage to have Turkish citizenship. This means that you do not need to go through continuous visa application processes and your closest family members can also acquire Turkish citizenship together with you.

If you invest in a real estate property in Turkey you will have the opportunity to obtain Turkish citizenship. The applicant, his or hers spouse and children (under the age of 18) can obtain Turkish citizenship through this application.

Following requirements are cumpolsory:

• The applicant must have invested in a property in Turkey worth a minimum of $ 250.000. This either by purchasing one single property or multiple properties, with a minimum total amount of $ 250.000

• This property must be valued by the authority announced by the Banking Supervision Board. The stated value of the property must be at least $ 250.000 in the valuation report.

• The property’s official declared value must be at least $ 250.000 when the sales contract is signed and/or when the ownership transfer takes place in Tapu Dairesi (Land Registry Office)

• If the property is purchased with mortgage, or in any way is subject of a mortgage, the mortgage amount will be deducted from the valuation which is stated in the valuation report – and the remaining amount will be taken into account

• The investor who is applying for Turkish citizenship must keep the property for at least 3 years. This must be stated in the title deed or in the sales contract

• The total amount of the property purchase must be paid to the seller via bank transfer, which must be able to be proven via a transfer receipt from the bank. The receipt must state that the transaction was made from the buyer’s account to the seller’s account

• The property must not be registered in another person’s name, which also applies to the applicant’s spouse or children. Properties transferred by the applicant's spouse or children after 12.01.2017 are not covered by this rule

• Passport
• 12 biometric photos of the applicant and co-applicants
• Birth certificate of all applicants
• Health insurance
• Title deed or proof of property purchase
• Valid residence permit
• Vital record showing all family members, marriage certificate, divorce certificate
• Power of attorney
• If the applicant is widowed, spouse’s death certificate
• Tax payment receipt
• Completed application form

All documents must be original and notarized translated into Turkish by a sworn translator in Turkey.