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Real estate acquisition of foreign real and
legal persons has been regulated in the article
35 of the Land Registry Law numbered 2644 with
law numbered 5444 and dated December 12,2005
which was established in the Official Gazette of
26046 numbered and dated January 7,2006 (For
further information –Turkish
Embassy(London) Web Page)
Our company will help you with all the
formalities of your purchase.
When you have decided to buy your property, an
official document is drawn up between the seller
and the buyer, concerning the price, details of
payment and date of conveyance at the Land
Registry Office. Both parties sign the document,
which is explained to the foreign buyer/seller
by the official translator.
Our company will assist you in obtaining a tax
identification number and opening a bank account,
at a local bank. So transferring money from your
own country is easier.
There is a law in Turkey forbidding the purchase
of property on military zones, therefore
foreigners wishing to buy properties must apply
to the TAPU office for permission from the
military. The military investigation process
takes approximately 2-3 months.
Once you have received approval from the
military authorities you can proceed with the
actual transaction.
Legal representatives or buyers go in person to
the local land registry office '' tapu dairesi''
for conveyance. They are the only official body
whom can transfer the title deeds. (TAPU in
Turkish) |