How to purchase property in Turkey

UNITED WORLD REAL ESTATE’s 11-Step Guide to Buying Property in Turkey

Buying a home overseas, especially in Turkey, can be a thrilling yet daunting task. With the right guidance, foreign nationals can navigate the process smoothly and safely. At UNITED WORLD REAL ESTATE, we've streamlined the buying process to help you minimize risks and make informed decisions. Follow our 11-step guide to ensure your dream home in Turkey becomes a reality.

Step 1: Research the Market

The Turkish property market is dynamic, with thousands of properties available at various price points. Start by researching which regions and districts best suit your needs, budget, and lifestyle. Turkey offers a wide range of locations, from the vibrant city life of Istanbul to the serene beaches of Antalya. Understanding these regions will help you make an informed decision.

Step 2: Find the Right Real Estate Agent

Selecting a reliable real estate agent is crucial. Look for agents with established records and positive testimonials. They should understand your requirements and lifestyle preferences. A knowledgeable agent will guide you through the diverse Turkish landscape, ensuring you find the right property.

Step 3: Build a Good Rapport with Your Agent

Communication is key. Talk openly with your agent to help them understand your needs and preferences. A solid rapport ensures your agent can provide the best possible guidance, making your property search more efficient and enjoyable.

Step 4: Visit Turkey

Before making a purchase, visit Turkey to explore the regions and experience the local culture. This firsthand experience is invaluable in deciding where to buy your property.

Step 5: Go on a Property Inspection Trip

Join a professionally organized inspection trip to view various properties. Avoid trips offered by branded developers, as they may limit your options. Instead, choose a reputable company that provides a broad view of the market.

Step 6: Visit Properties for Sale

Visit multiple properties that match your criteria. This ensures you have a comprehensive understanding of what's available and helps you make a well-informed decision.

Step 7: Negotiate the Price and Terms of Purchase

Your agent will help you negotiate the best price and terms. Remember to consider incidental costs associated with purchasing a property in Turkey.

Step 8: Reserve the Property

Once you find your dream home, pay a reservation deposit to secure it. Obtain a Turkish tax number and open a bank account in Turkish lira to facilitate the purchase process.

Step 9: Appoint a Solicitor by Power of Attorney

Appoint a solicitor to handle the purchase on your behalf. This ensures a smooth transaction and allows you to avoid prolonged stays in Turkey during the process.

Step 10: Final Checks on the Property

Your solicitor will perform all necessary checks on the property, ensuring everything is in order before the purchase is finalized.

Step 11: Take Ownership of the Property (TAPU)

Complete the purchase by obtaining the TAPU (title deed). This involves registering the property transfer and ensuring all contractual obligations are met.

Step 12: After the Property Acquisition

After purchasing the property, set up utilities in your name and arrange for any necessary furniture. Consider appointing a key holder or property management company if you do not plan to stay in Turkey full-time.

United World Companies: Your Trusted Partner in Turkish Real Estate

For a seamless property buying experience, partner with United World Companies. With extensive knowledge of the Turkish real estate market, United World Companies provides expert guidance and support throughout your property search and purchase. Their comprehensive services ensure that every aspect of your investment is handled professionally and efficiently, making your journey to owning a property in Turkey as smooth as possible.

Can I Buy Property in Turkey and Get Citizenship?

Yes, foreign nationals can obtain Turkish citizenship by investing in real estate. Follow the guidelines for Turkish citizenship through an investment program, including applying for a residence permit and eventually citizenship.

How Long Can You Stay in Turkey if You Own Property?

Property owners can stay in Turkey for 90 days out of 180 days. For longer stays, apply for a residence permit.

Can I Rent Out My Property in Turkey?

Yes, you can rent out your property. Follow the rules for short-term and long-term rentals, including obtaining necessary licenses and paying rental income tax.

Can a Foreigner Get a Mortgage in Turkey?

Yes, certain banks offer mortgages to foreign buyers. However, check the mortgage rates and eligibility criteria.

For more information on buying property in Turkey, including property listings and professional services, visit our website or contact us today. Let us help you turn your dream of owning a home in Turkey into a reality.