What are the legal procedures followed to purchase a real estate or property in Turkey?
The legal procedures a foreigner needs to follow to purchase a real estate or property in Turkey are much simpler than expected. Purchasing a real estate in Turkey is so easy if compared with other European countries.
Foreigners (who haven’t gotten the Turkish nationality) can easily buy, own and register real estate and properties in Turkey provided that these real estates and properties are not located in closed military zones.
A title deed written in the Turkish Language is imparted for the new owner of the real estate or property. This title deed constitutes an official document that proves the ownership of this real estate or property. It’s worth noting that the land registration office, which pertains to the Ministry of Foreign Affairs, is fully responsible for the completion of all the relevant procedures.
In case the ownership of this real estate or property is legally proved, then it can be moved to another person without any obstacles.
1. One of the first things you have to do is opening a bank account in a local bank. Al-Huda Real Estate Investment Company is fully committed to help you complete this procedure, especially when it comes to the instructions, translation ....etc.
2. A sale contract shall be signed by the owner of the real estate or the property (Vendor) and the purchaser (Buyer) in the presence of a notary. It’s worth noting that this contract is an official and legal document that includes all the needed personal information of both parties (the vendor and the purchaser) as well as other details related to the property itself like the price, the date, the payments, ...etc.
3. After being filled, the application shall be submitted to the land registration office- as mentioned above- in order to commence the procedures needed to get the approval of the military authorities that this property is valid for ownership. Usually, this approval needs 30 -45 days to be issued, at maximum.
4. Al-Huda Real Estate Investment Company will follow up with all these procedures and measurements. All the purchaser needs to do is to cover the expenses.
5. Following the completion of all the aforementioned procedures, the vendor shall go to the Real Estate Registration office to the end of transferring the property to the new owner.
6. Al-Huda Real Estate Investment Company recommends you to be careful during the purchase process. We recommend you to bring in an independent lawyer who is fluent in English. Depending on your desire, the company can provide such an expertise.
In addition to all the aforementioned services in relation to purchasing and owning a real estate in Turkey, Al-Huda Real estate Company has another package of services for all those foreigners who have the intention to invest in Turkey:
1. General legal consultations
2. Providing detailed reports on the legal status of the real estate under consideration (Detailed information on the legal status of your real estate can be obtained from the Real estate Registration Department).
3. Preparing the contract related to the property and the construction.
4. Legal follow-up of all the disputes related to the real estate.
5. Providing legal consultations in relation to all Turkish companies.
6. Establishing a company in Turkey
7. Consultations in the field of establishing new branches for foreign companies in Turkey.
8. Taxis and insurances.
9. Inventory of inheritance and will of the dead
The title deed (Tabou)
The Tabou (title deed) is a formal legal proof of a real estate ownership. It’s usually requested from the Real Estate Registration Office. Both the vendor and the purchaser can get it written in Turkish. An application with survey data is sent to the military leadership, which in turn will take the necessary procedures; a process that takes from 30 to 45 days at maximum.
After these normal procedures, we will need a copy of your passport as well as the names of your parents. We will also require 4 passport-size photographs. Following, we can go through the procedures related to the natural disasters insurance.