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 don't 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 agent's commission. Then all the paperwork and procedure is finished and the title deed of your dream home is registered under your name.

We charge 3% of the property price as our commission. The taxes and general expenses cost £400-500 depending on the price of the property you buy. This includes the money to be paid at the deeds office and so on. A solicitor would cost around £400-500. 1/5000 scaled map which will be given to the municipality costs £500.

Unlike other countries, you can sell your property and transfer the proceeds out of Turkey.

These are standard terms offered by all Turkish estate agents.