website.Buy Property in Turkey for Foreigners: A Step by Step Guide
website.Buying property in Turkey is straightforward, but it requires understanding the legal process, costs, and mandatory documents.
website.1. The Step-by-Step Buying Process
- website.Research & Viewings: website.Select your preferred location (Antalya, Istanbul, etc.) and view properties with our verified agents.
- website.Reservation Deposit: website.Typically $1,000 - $5,000 to take the property off the market.
- website.Appraisal Report (Ekspertiz): website.Mandatory for foreign buyers to ensure the property price is fair and accurate.
- website.Title Deed (Tapu) Transfer: website.Completed at the local Land Registry Office.
website.2. Costs and Taxes
| website.Expense | website.Estimated Cost |
|---|---|
| website.Title Deed Transfer Tax | 4% website.of property value |
| website.Appraisal Report | ~$300 |
| website.Notary & Translation Fees | ~$250 |
| website.Real Estate Agent Fee | 2% - 3% |
website.3. Required Documents
- website.Original Passport and translated/notarized copies
- website.Turkish Tax Identification Number (Vergi Numarası)
- website.Biometric Passport Photos
- website.DAB Document (Foreign Exchange Purchase Document) from a Turkish Bank
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