Turkey
Turkey
Northern Cyprus
Northern Cyprus
Author: Luxury Estate Turkey
Viewed 162 times
30 August 2022
As Luxury Estate Turkey, we have prepared a "guide for buying Real Estate in Turkey" in order to help foreign national real persons who want to buy real estate in Turkey. We have prepared this guide carefully for foreigners who want to buy real estate in cities such as Antalya, Alanya, Avsallar, Demirtaş, Kestel, Kargicak, Mahmutlar, Gazipaşa, Amasra, İzmir, Alaçatı, Ayvalık, İstanbul, Ankara, Mersin, Anamur, Bozyazı, the paradise regions of Turkey. We recommend reading them.
1. Legal basis:
Pursuant to Article 35 of the Land Registry Law No. 2644, amended by the Law No. 6302, which entered into force in May, there is no requirement of reciprocity for foreign real persons to acquire real estate in Turkey. It is possible to get detailed information about real estate and limited real rights in Turkey from the Turkish Embassy or Consulate General in your country or from your country's representatives in Turkey.Foreign real persons who want to buy property in Turkey should pay attention to the following issues in order not to incur any loss while purchasing real estate in our country.
2. Formal arrangement of contracts:
Official contracts aiming at the transfer of immovable property in Turkey must be made at the Land Registry Offices where the immovable is located. It is also possible to sign a "promise of sale contract" in the presence of a notary before the official sale.
The acquisition of the ownership of the immovable whose sales contract is made officially is possible with the registration to be made at the Land Registry Offices.
3. Legal restrictions on acquisition of real estate by foreigners:
A. Foreigners may purchase real estate to be used as a workplace or residence in Turkey, provided that they comply with legal restrictions. However, even in different cities, the total area of immovables that a foreign person can purchase in Turkey cannot exceed 30 hectares.
B. It is also necessary to obtain permission from the military authorities in the region before foreigners purchase real estate. It is important that this issue be clarified before the payment is made, as it will not be possible to sell the real estate to foreigners if the said real estate is located within the security zone.
4. Practical information:
A. In the applications of foreign national real persons to the relevant land registry directorates for the acquisition of real estate:
-Identity documents or passports,
- Residence permits issued by the relevant police directorates for foreigners whose real estate acquisitions are subject to a residence permit in Turkey,
- In case they take action by proxy based on the power of attorney issued from abroad, they are required to keep the original or a certified copy of the power of attorney together with their translation.
B. Before making sales contract in Turkey, matters such as whether the immovable is registered with limited real rights, whether it is mortgaged or whether there is any obstacle to its sale, should be checked from the relevant Land Registry Office.
C. Foreigners who want to buy property in our country,
- Not signing legally binding contracts and not making payments without obtaining information about the real estate in question at the Turkish Land Registry Offices, provided that they prove that they are related,
- It would be appropriate not to initiate transactions without researching the seller person or companies, and not to work with serious and reliable companies that have proven themselves in the sale of real estate in Turkey.
In case of any disagreement regarding the purchase and sale, the situation should be brought to the judiciary and a lawsuit should be filed in Turkish courts.
With our English, German, Russian and Turkish speaking staff, we serve as Luxury Estate Turkey to anyone who wants to invest in Turkey and live regularly. We are at your side with our professional team in airport transfers, opening a bank account, obtaining a tax number, insurance, land services, obtaining a bank loan, obtaining residence permit, obtaining citizenship, choosing furniture for the property.
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