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BUYING PROCEDURE IN TURKEY


Buying property in Turkey is a straightforward process, and considerably easier than in other European countries. Foreigners may purchase land and property in Turkey under their own names. When you choose the property that you decide to buy, you have to put down 10% of the price as a deposit.
 

Then we send the deeds of the property and your passport translations to Izmir Army Headquarters for approval. It takes 2-3 months with the new laws for the papers to get back to us. During this period, you dont have to stay in Turkey. Normally, you sign a paper at the notary, giving our solicitor the power of attorney to handle transactions in your name. This is to save your time and money flying to Turkey to sign the deed-papers. (Of course you can do it yourself if you wish, and do not mind the hassle of flying to Turkey) The paperwork takes less than an hour. Then the papers will be sent to Izmir as mentioned above. When the papers come back from Izmir, we call or e-mail you and then you send the balance of the property price, plus the agents commission.Then all the paperwork and procedure is finished and the title deed of your dream home is registered under your name. These are standard terms offered by all Turkish estate agents.

 
Restrictions:
 Foreigners cannot buy property in the small administrative units called villages. In Turkish, the 
word for village is Köy. No matter how attractive the offer may be, you must know that it is 
impossible - unless of course the law is amended.

 If you intend to buy a plot of land that is larger than 30 hectares (about 74 acres) you will 
have to have the Turkish Cabinet of Ministers approval.
 
 No matter where the land or house may be situated if the buyer is a foreign person, the deed 
office has to officially ask the prior approval or permission of the highest military command of the 
area before transferring  the title. The reason for this is to ensure that foreign buyers will not 
acquire a property within militarily sensitive zones. This means that even though you might be 
willing and prepared to pay the price and buy the place immediately, there is no way that this can 
be done before getting this permission which may cause up to three months delay.