Comprehensive Process of Property Acquisition in Turkiye:
In-Depth Market Research:
Begin your property acquisition journey by gaining a thorough understanding of the real estate market in Turkey. Consult with a certified property expert to learn about the prevailing market norms, specific regions, and available property options that align with your requirements, budget, and expectations. Purchasing property in a foreign country can appear daunting, but with the guidance of a professional and trustworthy expert, you can navigate this process with wisdom and professionalism.
Preparing for Your Trip to Turkey:
While you continue your research and identify suitable property options, it’s essential to plan your visit to Turkey. During this phase, you should also prepare any necessary documents, such as identification or utility bills, to open a bank account in Turkey. Ensure that you receive confirmation from our expert team regarding any additional documentation required for your property purchase. Once all prerequisites are in place, you can embark on this exciting adventure. If, for any reason, you cannot personally visit Turkey, you have the option to authorize an attorney to execute and finalize all your property transactions remotely through tele-sales.
Property Viewing Tour:
Upon your arrival in Turkey, our expert team will carefully curate a list of the most suitable property options based on your preferences and requirements. We will ensure that you are well-informed about the transaction process and encourage you to raise any questions or concerns you may have. Take detailed notes during property visits.
Reservation and Contract Signing:
Should you discover a property that suits your needs during the viewing tour, you can secure it by making a reservation, which entails a 3% payment of the total property value. This reservation grants you the right to reserve the property for 14 days. If you change your mind during this period, you can withdraw your deposit. Alternatively, if you wish to proceed, you can sign a contract with the property seller.
Legal Procedures:
Several essential transactions are required to prepare all the necessary documents for the completion of the property purchase and the acquisition of your property title deed. These transactions may include obtaining a currency exchange certificate, money transfer receipts, passport translations, and real estate evaluations, among others. Our expert team will ensure that all the required documents are in order to obtain your title deed.
Title Deed Ceremony and Key Delivery:
The final step involves attending an appointment at the land and cadastral office in the district where the property is located. You can choose to be present in person, accompanied by an official sworn translator, to sign the necessary documents, or you can appoint an attorney to represent your interests. For further information about the title transfer process and associated fees, please refer to our relevant post.
