
Property Buying Process
Property Buying process for foreigners in Turkey is
straight forward and simply explained in 4 simple steps...
step 1 - agreement
Once you have decided which property to buy;
you need to sign an "agreement" between the
Estate Agency and pay 10% amount of the property price as deposit to reserve it,
so it can not be sold by the property owner to somebody else, until the
procedures done.
* Photocopy of your passport and 4 passport size pictures
needed at this level.
step 2 - start up
We go to "deed office" to start
the procedures of buying the property...
step 3 - waiting for
Government approval
In Turkey, it takes minimum of 6-10 weeks to get the
approval (by the Government Departments) for your application .
step 4 - registering
As soon as the
approval (permission) delivered to "deed office" , the property can be transferred into
your name.
On top of the legal costs & the price of the property, the Estate Agency charges you a 3% commission on the total value of the property.
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