Purchase procedure for buying properties in Turkey
1. Property Viewing Tour
ALANYAHOMEX Real Estate assigns a sales agent when the clients send an inquiry via our advertisements, website, property portals, sales partners, etc. All of our real estate agents are highly skilled multi-lingual professionals with good experience in the real estate market. The same sales agent will be your contact person through the whole buying process.
Our estate agents pick the clients up from their hotel or accommodation, show them the properties that they want to see. Our estate agents always accompany the clients if they wish with our comfortable cars. We will never be pushy on you and we will listen to your wishes, requirements and try to find the perfect property.
2. Signing the Sales Contract
When you reach an agreement to buy a property, the developer of the project or property owners is also invited to our office, and a sales contract is prepared according to the property details and your wishes can be added upon the approval of the property developer / construction company.
Our sales contracts are prepared by our lawyers, in Turkish and English (the desired language can be added) and we will explain all parts and details before we all together sign them.
The contract will be signed by the buyer, the construction company, and us (ALANYAHOMEX Real Estate). The contract will be in Turkish, in English, and of course if they want in the buyer’s native language.
3. Down payment
After signing the contract, the buyer will pay a down payment (deposit) of 10-15%* of the agreed purchase price to reserve the property. *The amount may vary depending on the seller or the state of the construction.
* Note: If you refuse to purchase after signing the contract, it's possible that you won't be able to get the deposit back.
4. Legal Process & Procedures
There are some formal procedures to complete the purchasing process, such as obtaining a tax number, opening a bank account, and power of attorney to carry out the legal procedures if necessary.
Obtaining a Turkish Tax Number: To buy a property in Turkey, you need to have a Turkish Tax Number. Our sales agents will be happy to help you get a Turkish Tax Number from the Tax Administration Office.
Opening a Bank Account: You need to open a bank account in Turkey to make money transfers, pay taxes and utilities, etc. Your assigned real estate agent will help you to open a bank account in Turkey.
If you cannot come personally for all these procedures, you can also give a power of attorney to us, your lawyer, or legal representative to act on your behalf
5. Appoint Someone by Power of Attorney to Finalize the Purchase for You
Power of Attorney means "You may act on behalf of me for these powers" Your name and picture will be on the Power of Attorney. If the buyer wishes, she or he can give power of attorney in the Notary Public to us in order to obtain an ISKAN report and make water/electric subscriptions and follow other legal procedures. The buyer and a sworn translator should be in the Public Notary Office and this process usually takes less than 1 hour. By giving power of attorney, you avoid traveling several times to Turkey just for paperworks’ sake.
* Note: We highly recommend you to give only the necessary powers such as buying the property, making subscriptions of water/electricity/gas, etc.
6. Payments & Money Transfer
The buyer can make a payment plan after signing the sales contract with the developer and can transfer money to the developer’s bank account. The remaining payment of the property is paid as part of the take-over process. If the buyer wants, we can ask the developer to offer a decent payment plan.
Since January 24, 2022, all foreign real estate buyers must exchange their foreign currency for the Turkish Lira. Obtaining a Foreign Exchange Document (Döviz Alım Belgesi) is required for all real estate transactions made by foreign buyers, regardless of whether this is a buying or selling procedure.
7. Getting the Title Deed
The last step in completing your real estate purchase in Turkey is getting your title deed. Tapu is an official document that shows your ownership over the property and is issued by The Land Registry Office. It is the most important document since it is the proof of ownership of the property.
For the title deed transfer, the remaining amount for the property, all taxes, and legal fees should have been paid. After all the procedures are completed and you sign the title deed in The Land Registry Office, you own the property.
8. Moving into Your New Property in Turkey
If you bought a brand new property, you are ready to move in. If you have purchased a previously used, second-hand or so-called resale property and there are changes you would like to have made inside the property, we will ask the developer to make them after signing the contract. We will add those issues to the sales contract.
You are always welcome to visit us and have a cup of coffee in our office after you have moved into your dream home.