Once you have taken the wise decision to invest in a home in Turkey, there is a simple purchase process ahead of you. We will of course assist you safely through each step of the purchase process and ensure you that everything is completed in a correct and legal manner.
Viewing of properties in Alanya
Together we schedule a specific day and time for a viewing. A licensed real estate broker show you a selection of homes in Turkey that suit you and your requirements.
Sign a sales contract
The sales contract is signed by the parties (or their authorized representatives). The agreement contains information about the property, payment terms, obligations etc. While signing, the buyer must have his or hers passport available and he or she will also pay the agreed down payment to assure the purchase. The contract is made in 2 copies, in English and Turkish.
Obtain a Tax ID number
A tax ID number is required for the purchase of a property in Turkey. This is easily obtained via the Official Turkish Tax Agency’s webpage.
Open a bank account in a Turkish bank
For the property purchase payment and to pay future utilities, you will need a bank account in a turkish bank. We will accompany you to the bank with the best terms and open a bank account for you in your name. You will get a bank card and access to an internet bank. To facilitate the payment of household utilities, these can be paid by direct debit.
Payment
All property purchases are paid in Euro. In the sales contract the payment plan is stated. At the time when the title deed (Tapu) is registered on the buyer’s name, the property must be fully paid.
Get the title deed (Tapu)
When you buy an apartment or villa in Turkey, you will need to apply for a title deed for the property. The title deed (Tapu) for your new home in Turkey is issued by the Tapu office "Tapu ve Kadastro Genel Müdürlüğü”.
Before the title deed is registered in your name and you become the legal owner of a property in Turkey, we are required to collect a couple of documents before the ownership transfer. Your passport needs to be translated by a licensed translator at a Notary office. A property valuation by an independent expert who values the property you are about to buy is also required.
The ownership transfer of the title deed takes place in the presence of a licensed translator. The buyer will pay a one-time tax for the purchase of property in Turkey, which is 4% of the property's assessed value declared in Tapu (which is usually lower than the market value).
After the seller submitted an application for an ownership transfer in Tapu, it will take approximately 2-3 days for you to receive the title deed in your name. After this you are the legal owner of the property in Alanya. (longer waiting times may occur during the Covid-19 pandemic). After this, the buyer becomes the legal owner of the property.
Insurance, electricity and water subscriptions
Now that you have become the happy owner of a home near the sea in Turkey, you need to get insurance, electricity and water subscriptions for your
villa or apartment in Alanya. Read more about it
here.
Good to know:
Sometimes the way of describing the number of rooms in a home may seem more confusing than it actually is. In Turkey, the number of rooms are called "1+0, 1+1, 2+1, 3+1, 3+2" and so on. In short, the numbers are added together to explain bedroom + living room/lounge.
1+0 = studio
1+1 = one bedroom apartment
2+1 = two bedroom apartment
3+1 = three bedroom apartment
3+2 = three bedroom apartment with 2 living rooms/lounges
