property buying process in Turkey

  

Due to company Ataberk Estate, the procedure for buying real estate with be as simple as possible! Sea, sun, rest at your own apartment or your own house by the sea in Turkey- dreams may come true, as nothing is impossible!

 

Stage 1

 

Familiarization with options and offers

   At the very beginning of the process our company suggests you to familiarize with offers at the real estate market, to consider one or the other district and city, advantages of each option, comparative analysis of prices. At this stage, first of all, we try to find out what the client needs, what are his/her requirements and purposes for the purchase. On the basis of your search criteria, we will select different options for you.

 

 Stage 2

 

Familiarization visit

 

After you have the preliminary information on the offered real estate objects, we will gladly meet you personally and show you all the selected objects.

 

Our company can organize for you a Familiarization visit

 

If you have already been in the selected area of real estate purchase and you are ready to select an option on the basis of the information that was sent to you (it is especially topical if you want to buy real estate on the stage of construction - investment design project), you may not even visit Turkey, but get directly to stage 3 - signing of the purchase agreement.

 Stage 3

 

Making a decision and signing of the purchase agreement

 Signing of the purchase agreement is an important stage of the transaction, all conditions and necessary details are stipulated in the agreement. We draw the agreement in three copies, in two or more languages.

 

The purchase agreement contains:

 

  • Information of the seller

  • Information of the purchaser

  • Information of the purchasing real estate

  • Payment conditions

  • Liabilities of all sides

 

A full list of documents is attached to the agreement.

 

Our company thoroughly checks all documents and guarantees the legal implications of the transaction.

 

Payment plan and conditions

 

Upon signing the contract, the advance payment of 5-10% of the real estate purchase shall be made, in most cases in 2-3 weeks the payment of 20-50% is requires and the last payment is made when the purchaser receives a tapu - certificate of ownership from the Cadastre Directorate, the payment plan is always individual. Our company tries to consider all requirements and possibilities of both the Purchaser and the Seller. For example, it is possible that the seller would allow an installment payment (without additional rates), it depends on the specific real estate option. Upon the purchase at the stage of construction the initial payment shall be included at all times, as well as the conditions and the schedule of payments depending on the construction stage.

 

When signing the agreement, the purchaser needs only a travel passport from all the documents.

 

Stage 4

 

Receiving the tax number and, if necessary, opening the account at the Turkish bank

 

An officer of our company will receive a tax number (vergi numarasi) for you at the Tax Directorate - Vergi dairesi. The tax number is necessary when receiving a tapu, opening an account at the bank, starting the company, getting a residence permit.

 

If necessary, we will help you open an account at the Turkish bank, currently there is a bank department with English-speaking staff, which will significantly facilitate your further communication with bank officials. You can transfer money to your account, after the purchase you can also connect the communal payments to your bank account and they will automatically be made, minimizing your worries for the payment of water, electricity, Internet and other supplies.

 

 Stage 5

 

Payment according to the agreement and the receipt of Tapu - ownership certificate

 

Transfer of ownership rights is done at the state institution - Cadastre Directorate - Tapu ve Kadastro Genel Müdürlüğü in Turkey, the transaction does not require participation of a notary.

 

Having received tapu, you become a full-fledged owner of real estate in Turkey. You can be personally present while receiving tapu at the Cadastre Directorate, or leave a power of attorney to receive tapu and come during the time convenient for you, and get tapu, as well as all documents from our office.

Stage 6

 

The last transaction stage is registration of iskan (technical passport), as well as documents for water supply, Internet connection, television, purchase of the furniture, home appliances, accessories and the long-awaited moving in.

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