| Buying Process |
| Prior to your Purchase |
Having selected your ideal property, you will want to be absolutely certain of the legalities of the process and particularly your rights in a foreign country. This is where EasyButTurkey.com will ensure impartial and expert assistance is given in guiding you through every step. |
Prior to your purchase EasyButTurkey.com will explain to you in detail all the relevant fees and taxes payable on a Turkish property, the combined total of all these amounts will be approximately 2% of the declared purchase price.
Once you have placed a deposit on the property, we can recommend a legal advisor, who will ensure that all the paper work is followed correctly and that you understand fully all the contractual obligations involved. If you wish our lawyer will conduct a full search for you protection. |
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| Buying Process |
| Stage 1 |
| EasyButTurkey.com or any independent solicitor will draw up a contract with the buyer(s) detailing the agreed terms and conditions of the purchase. |
| Stage 2 |
| EasyButTurkey.com or any independent solicitor will take a copy of the buyer’s passport and a copy of the title deed and submit them at the zoning department and the land registry office, for military clearance and all the related government departments (such as Ministry of Public Works and the Ministry of Reconstruction and Settlement, Ministry of Agriculture, Ministry of Forestry and Environment according to the new real estate law). Should the solicitor at the public notary (in case the buyer(s) may not be present during the deed transfer) this can be arranged within a few hours on any week day. |
| Stage 3 |
| EasyButTurkey.com provides the documents by the local government that the property has no outstanding debts and was planned and built legally according to the building regulations enforced by the local government to which the property is registered. These documents are submitted at the Land Registry Office prior to the title deed transfer. |
| Stage 4 |
| Once the application has been approved by the Land Registry Office (it will take 2-3 months for the security and property location checks to be made and approved), then it is at this point that the deed transfers takes place following the payment of the real estate purchase and sale tax (stamp duty). A translation of the buyer(s) passport must be made and signed at the public notary. The buyer(s) will pay half of the real estate purchase and sale tax, which is 3% of the property declared value determined by the local government |
| Stage 5 |
| The agent, solicitor or other person holding the POA receives a copy of the new title deed, through which the utility registrations (water, electricity, council tax as well as earthquake insurance etc.) are made during the absence of the property owner(s). Otherwise the property owner(s) must be present at the local government and at the electric company in order to complete all the registrations. |
| Extra Costing |
• Solicitor fees --- £150
• Legal translator --- £50
• Notary expenses (for power of attorney) --- £50
• Electric and Water connection fees --- £140
• Buyers tax --- 3% of property value |
