Can Foreigners Buy Property from Turkey?

The issue of can foreigners buy property in Turkey has been among those who have been wondering for a long time. In general, foreign nationals prefer Turkey as the properties in Turkey are more affordable. Therefore, the purchase of property by foreigners is increasing day by day. The situation of purchasing property, which foreign nationals are especially curious about, is explained within the framework of Turkish Land Registry Laws. The answer to the question of can foreigners buy property from Turkey is also contained in Article 35 of the Land Registry Law.

Land Registry Law for Foreign Nationals

Foreign nationals who want to buy property in Turkey can purchase according to Article 35 of the Land Registry Law. According to the statements in the law, foreign nationals can easily own immovable property without any legal restrictions. According to the law, a residence permit is not required for foreign nationals. Pursuant to limited real rights, they can purchase ten percent of the district’s surface area and 30 hectares per person throughout the country. No restrictions or conditions are sought other than this limited same right. Foreign nationals do not have any problems when it comes to buying a property in Turkey.

What Foreigners Need to Know to Buy Property in Turkey

In response to the question of can foreigners buy property in Turkey, it is absolutely necessary to go to the General Directorate of Land Registry and Cadastre and the Land Registry Directorates. From here, it is learned which country’s citizens can buy real estate in Turkey. In addition, it is requested to confirm that the property to be purchased is not within the borders of the military security zone. If the real estates are within the borders of the security zone, foreigners cannot buy a property. To buy property in Turkey, it is necessary to look for a house by paying attention to these.

Steps to be Taken When Buying Property in Turkey

There are some procedures that foreign nationals who want to buy property in Turkey have to do when purchasing. The first among these transactions is to make an appointment for the title deed transfer process. Appointments made through the Land Registry Appointment System of the General Directorate of Cadastre can be made within the country via 181 lines. Abroad, appointments can be made by calling +90 312 593 99 00.

Foreigners who want to buy property in Turkey need to prepare some documents for the sales process. If we talk about these documents, we can say real estate title, identity document or passport, real estate current certificate obtained from the municipality and tax number. Apart from these, compulsory earthquake insurance and real estate valuation report are also requested. In addition, the real estate appraisal report is requested to be sent to the online TAKBİS system of the General Directorate of Land Registry and Cadastre. If the power of attorney is to be processed, a certified and original copy of the power of attorney issued abroad is required. In case one of the parties does not speak Turkish, the necessary procedures are carried out with a sworn translator.

Things to Consider for Foreigners When Buying Property in Turkey

There are important points that foreign nationals who want to buy property in Turkey should pay attention to when looking for a home. First, it is necessary to learn about the conditions such as whether the property is foreclosed or mortgaged. Whether there is any obstacle to sale or not can be learned directly from the General Directorate of Land Registry and Cadastre. In addition, when buying a property in Turkey, it is necessary to make an agreement with a reliable intermediary company. Otherwise, various problems may arise. Besides, it should be known that the promise of sale contract made in the presence of a notary public was not sufficient. Official transactions must be made at the Land Registry Offices. The last thing to know about buying a property in Turkey is the title deed fee. The title deed fee to be paid in house purchases is paid by the real estate owner and the buyer.

Buy Property in Turkey

We as Century21 Sinerji Istanbul, proudly have been serving to our foreigner customers with every aspect of buying property in Turkey for more than 11 years. To learn more and buy property in Turkey as a foreigner, you can reach us by filling a contact form.

https://century21sinerji.com/

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