Here are some FAQ's
Q1: Who Can buy property in Turkey?
Foreign nationals have been able to purchase property in Turkey since 2002/2003 Recent Law amendments also allows foreigners to buy in more locations, which were previously out of bounds.
Q2: What are a Sales Contract and a Title Deed? I have heard about a Tapu, what is it?
Title Deeds when buying your property in Turkey - in fact they are the most important documents in the whole process, the Title Deed is the legal document of ownership of the property, the Turkish name for this document is "Tapu Senedi", hence the Tapu you may have heard about.
Once the property is sold, the title deeds are transferred from the seller to the buyer and that concludes the sale. If there are any restrictions on the property they will be itemised in the title deeds, therefore it is very important for the solicitor to check the deeds carefully before recommending that the sale proceed. You can also ask to have restrictions placed on the deeds once transferred to you if you wish.
Q3: What documents do I need to buy my property in Turkey?
The only documents you will need to provide personally to purchase your property are your passport and two recent passport photographs.
Once the Sales Contract is signed, for documents needed for Title Deeds office:
a. Title Deed of the property
b. Copy of your passport
c. Two recent passport (4cm x 6cm) photos.
Q4: Who’s name will the property be assigned too?
Your own name or anybody you would choice.
Q5: How will I sign official deed-papers if I can’t fly over to Turkey at the time?
You can sign a paper at the notary giving your agent the right to a power of attorney
Q6: Will the papers etc be in English?
Yes, In Turkey there is a legal recommendation that all property sales to foreign nationals are notarised by a government-authorised interpreter.
You will be provided a written translation of the sales contract, also drawn up by the government-authorised interpreter. As the property purchased is in Turkey, the legal contract is the original, Turkish language
Q7: Do I need to do a will for my property in turkey?
Yes, this is advisable. Under Turkish Inheritance Law the inheritance of property by a foreign national is dependent on reciprocity between the two countries involved. As Turkish nationals can inherit property in the UK, UK citizens can also inherit property in Turkey. If you have no will, your next of kin will automatically inherit the property (usually your children). If you wish to leave your property to someone other than your next of kin, you should make a will in the UK specifying this.
Q8: Are the properties Freehold or Leasehold?
Almost all the properties are Freehold in Turkey.
Q9: Is it cheaper to buy from a Developer that builds their own properties?
