What nationalities are permitted to purchase a property?
A. Some of
the countries Turkey has a reciprocal agreement for the purchase
of land and properties;
England, Ireland, Germany, Holland, Norway, Sweden, Denmark,
Austria, Switzerland, Belgium, USA, Spain, Italy, Canada,
Luxembourg, Australia, France, Greece, Portugal, Poland, Croatia,
Israel, Finland, Estonia, Hungary, and some African and South
Q. How long does it all take
and how does it work?
A. It takes
between 1 to 2 months to receive the final Tapu ( Title Deeds).
After signing the reservation contract, the copies of the
buyers passport will be handovered to the local land registry
office, the copies and the official papers showing the location
of the property will be sent to a Military Head office in
Izmir to be checked that the mentioned property is not in
a Military Zone. After the approval of the permission our
company pays the necessary fees and taxes to the authorised
bank (T.C. Ziraat Bankasi) and to the tax office in Manavgat.
The official receipts of these taxes and fees will be declared
during the transaction in the Land registry office. Finally
the buyer and seller signs the land registry book under the
supervision of an official interpreter.
Q. Do I have to be a resident or have a resident’s
visa to purchase?
A. No, To buy
a property you do not have to have a Residents visa. This
is only required if you want to stay longer than three consecutive
months, or wish to have a phone or buy a car. Then the three
months tourist visa is not enough.
Q. What do I have to check before
A. Check that
there are no outstanding rental agreements or mortgages.
That the seller has the legal right to sell the property and
that they have a Tapu ( Title Deeds) for it.
If there is an agent how much commission is payable, commissions
rates are usually very high in sales where European clients
Q. Do I have any Taxes and fees
to pay for the purchasing?
A. There are
some taxes payable, however some are a “once only tax”
3% of the declared value of the property,
Education and earthquake tax approx. £30
All formal documentation and copies approx. £180
Interpreter fees approx. £50
Water: Connection fee for new homes, approx. £55 Paid
by Mecitoglu Homes
Electric: Connection fee for new homes, approx. £80
Paid by Mecitoglu Homes
Telephone: Connection fee £15 approx.
All these costs are included in our property prices, which
is not a regular application in Turkey.
Q. If I sell my property can
I take the proceeds back to the U.K.?
A. You have
the legal right to take the proceeds back to the U.K.
Q. Can I will my property to my beneficiaries?
A. You can make
a Turkish Will and leave your property to your beneficiaries,
however if you hadn’t made a will, the property goes
to your next of kin.
Q. Can I import my belongings/furniture and car into Turkey?
A. You can,
but it is expensive for transportation and Duty, so it may
be advisable to purchase your furniture here.