Buying Property in Turkey
Who can buy a real estate in Turkey?
What is the legal framework for property ownership?
Are Turkish citizens and foreigners treated differently?
How To Contact Relevant Professionals
Types of properties, finding property, contacting real estate agents
Are you advised to hire a solicitor?
How to contact Turkish solicitors who speak English?
How to contact other English speaking professionals?
Can you assign someone for your all transactions? Power of Attorney
Use of institutional expertise: Real Estate Investment Trusts
Are there any (universal) mortgage companies in Turkey?
Translation professionals
Real Estate Appraisal Companies
How to find financial resources to buy property in Turkey?
Basic Steps
Double checking the property
Preparing a draft contract
Having the draft contract translated
Having the contracts notarised
Payment terms of the contract
Application to the TAPU Office
Documents asked by the TAPU Office
Forbidden zones and size limitation
How are FDI and foreign companies treated by TAPU Offices?
Issuance of a new TAPU by the Office
Declaration of acquisition to the local government
How to Make the Payments ? Bank Accounts
Who can buy a real estate in Turkey?
Which currency should be used?
Contact information of Turkish Banks
Types of bank accounts
Other investment tools provided by banks in Turkey
Internet banking services
Opening a bank account in Turkey
Joint-accounts
Privacy of accounts
Opening a bank account in Turkey when you are in the UK
Using-your-UK-cheques-in-Turkey
Everything About a Tapu (Title Deeds)
What is a TAPU? What does it look like?
Meaning of the terms on a TAPU
How to check the details?
Important Points in Buying a Property
Overdue Real Estate Tax Debts
Overdue debts for utility services
Current Tenants
Double Checking the Registry Records
Appropriateness of the building
Buildings under construction
Construction of a building on a land
Residency Permits for Newly Constructed Buildings
Housing Co-operatives
Taxes and Compulsory Insurance
Basic property-related taxes
What gains can be attained through property? Are those gains taxed?
Taxes and Compulsory Insurance
Preparation of wills and transfer of property to the heirs
Divorce settlements
Your UK pensions
Agreements for the Avoidance of Double Taxation
Avoidance of Double Taxation on Income Derived from Property
More-information-on-taxes
Why to Avoid Tax Evasion ?
Are you a tax evader?
Can the financial penalties charged on a tax evader be amnestied? How?
The principal term of the financial penalty and interests charged on a tax evader
Risk of paying much more personal income tax in case of a sale
Risk of being paid very low compensation in case of nationalisation
Risk of re-mortgaging your property at a lower value
Risk of being involved in an anti-money laundering activity
Risk of being included in the black lists of financial organisations
Other important points
Liabilities, Utilities and Other Legal Issues
What are the liabilities of an (foreign) owner?
Electricity, gas, water, telephone, and heating issues & utilities
Can you transfer the money you make through your property abroad?
Property Development , Decoration and Furnishment
Can you have a building constructed on the land you own?
How can refurbishment be carried out?
Do tenants in Turkey prefer furnished or unfurnished properties?
Where to buy quality furniture and durables?
Residing in Turkey & Bringing Your Items To Turkey
Residence visa requirements
Can you bring your household or office items to Turkey?
Can you bring your pets to Turkey?
Can you bring your car to Turkey?
Can you bring and use your mobile in Turkey?
How much money can you bring to Turkey?
How much money can you bring abroad from Turkey?
How much jewellery can you bring to Turkey or abroad?
Does your social insurance scheme cover your health expenditures in Turkey?
Turkey , where the two continents - Europe and Asia- meet, is a wonderful country which is surrounded by Agean, Black, Mediterranean and Marmara seas, has very nice coastal locations, whose land had been the cradle of the oldest civilisations and religions. Furthermore, life in Turkey is easy and Turkey is one of the few OECD countries with the cheapest prices. People in Turkey are warm and hospitable to all foreigners. You can find very wide range of delicious food and the Turkish cuisine is one of oldest and richest cuisines in the world. The sun, lovely nature, nice beaches, exciting outdoor and entertainment activities, winter sports (in inner parts in winter time), skiing, water, mountain sports, big modern shopping malls, and lots of sightseeing and historical places are all appealing features of Turkey.