RULES FOR BUYING PROPERTY IN TURKIYE

RULES FOR BUYING PROPERTY IN TURKIYE

Property purchase rules in Türkiye:

Turkey is undoubtedly one of the best countries for immigration and investment. If you are planning to buy a property in this country, you must be fully familiar with how to transfer a property document in Turkey. The economic conditions and cost of living in this country are very suitable. This issue has made Turkey popular among foreigners. Of course, don’t forget this important point, you should keep some important and basic points in mind for buying property or investing. There are also some restrictions for foreigners. You should pay enough attention to these things.

To buy a property in Turkey, you must submit the relevant application to the Land Registry Office. After the necessary checks by the Land Registry Office, foreigners can easily buy a property. Of course, keep this important point in mind, the If value of the house you buy would be at least 600 thousand dollars. You can easily get a Turkish passport and residence by buying a property or investing.

What is a Tapu document?

In Turkey, property documents are called Tapu. To transfer a real estate document in Turkey, you should keep some important and basic points in mind. Tapu administration is actually the housing administration in Turkey. Real estate documents are officially registered in these offices. Also, all these documents have a QR code, this code shows all the characteristics of the property. In fact, fraud and fake documents are prevented by using these codes.
Tapu documents are red and blue. Blue documents are for lands that do not have building permits (iskan). And red documents are given to houses with building permits(iskan) in Turkey. In general, it can be said that all properties in Turkey have a legal identity card. This card contains all the information about the property.

Necessary measures after transferring the property document in Türkiye:

After transferring a property document in Turkey, you must take a series of necessary actions. In the following, you will learn about the necessary actions after the transfer of the property document.

. To transfer bills, you must visit the relevant departments.

. To register your place of residence, you must go to the Nafus Department.

. You must submit the property tax declaration to the municipality.

The process of transferring a real estate document in Türkiye:

If you are planning to buy a property in Turkey, you must be fully familiar with how to transfer a property document in Turkey. In the document transfer process, you should keep some important and basic points in mind.

After choosing the desired property with the help of real estate consultants in this country, you must sign a contract in the relevant companies. Of course, don’t forget this important point. According to the laws of Turkey, in order to create a contract, all transfers must be done in the official offices after the real estate registration. The owner must submit a request to transfer the document. This request will be registered by the official offices. After the necessary checks by the official offices, the process of transferring the property document is carried out.

Do not forget that you have to pay some additional costs during the process of transferring a property document in Turkey. It is better to open an account in one of the banks of this country before buying a property. Therefore, by doing this, there will be no problem in the process of buying the property. The transfer of a property document usually takes a week. In general, it can be said that you should keep some important points in mind to buy a property and transfer the document.

Turkish real estate transfer fees:

As it was said, to transfer a real estate document in Turkey, you should keep some important and basic points in mind. The document transfer procedures are carried out by real estate offices in Türkiye. It is better to open an account in the banks of this country to transfer money before buying a property.

Undoubtedly, by doing this, there will be no problems in the document transfer process. Of course, don’t forget this important point, in addition to the property purchase commission fees, you have to pay some other fees as well. Costs such as translator, notary fee, etc.

Necessary documents for the transferring title deed:

As mentioned, Turkey is undoubtedly one of the best countries for immigration and investment. The cost of living in this country is very reasonable. This issue has made this country popular among foreign investors.
To transfer a real estate document in Turkey, you should keep some important points in mind. To transfer the document, you must go to the document registration office in Turkey. In the following, you will learn about the necessary documents for the transfer of a property document.

– Presentation of municipal taxes and fees.

– Submission of a letter of approval from the document registration organization.

– Two photos of the buyer and the seller.

– Earthquake insurance policy.

– Providing the original passport along with Turkish translation.

– Bringing the original power of attorney with the approval of the Ministry of Foreign Affairs.

– The presence of a translator during the transfer of the document if you
are not fluent in the Turkish language.

– Birth certificate or national card of the buyer with an official translation.

 

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