As stated in the constitution, foreigners are able to acquire property in Turkey as long as there is a mutual agreement with their country of nationality, as indicated in Real Estate Law, article 35. British and Irish citizens, therefore, do have the right to buy property in Turkey. There are some restrictions to this, which include the fact that foreign citizens are not allowed to buy property which is within the limits of a village, but only that which is within the limits of a Municipality. It is also not permitted for foreign citizens to buy property which is within a Military or Restricted Security Zone.

The Buying Process

The following information provides a guide to buying property in Turkey.

This process is not dissimilar to buying property in other countries, in fact the buying process in Turkey is easier then a purchasing in many other countries in Europe.

The first thing is identifying your ideal property within our developments and locating a suitable property, this can be done in one of two ways, a personal visit whilst on holiday, or a tailored inspection trip. Information packs are also available upon request.

STEP1

Once you decide on type of property you would like to purchase, you then need to decide whether or not you would like to take advantage of our guaranteed rental package in order to maximise your investment.

Once you are happy that all your requirements are met you can secure your property by placing a deposit, this then be reserved for you on our database. Following the required government checks (typically 6-8 weeks.) full payment or the first of the staged payments can then be made.

STEP2

Placing your deposit

Upon placing your initial deposit, your contract will be available for you to sign. You will then be required to forward your initial payment to the developers holding bank account (By electronic transfer) this will then be passed on to the developers via the legal team. The deposit is non refundable. We will also need to take photocopy of your passport. This will also be the case for any partner that may be named on the deeds.

STEP 3

Completion

Upon completion of your villa or apartment i.e. receiving you keys and deeds, final payment will be required unless previously paid. Contracts will be exchanged at the local notary office between the buyer and the developer. Any foreigner purchasing property will have an officially appointed government translator present, to explain exactly what is written on all documents before you sign.