When looking to buy property in Turkey, you will no doubt have some questions to consider. We will be more than happy to discuss the purchasing process with you either on the phone or in person but to help you get started we have shown some of the most frequently asked questions (FAQ) below:
There are a lot of features that makes this beautiful country the center of interest for the holidaymakers, investors and foreign property buyers. You can find detailed information here.
Yes, all properties we sell in Turkey are "freehold."
If you are purchasing a property on new development, the price will be set by the developer. Regardless of agents commissions, you should still pay the same price with whoever you purchase through, whether you go direct or through a third party.
Many developers offer furnishing packs. If you wish, you can buy a furnished property or we can offer a place to buy. Furniture tours for your new homes is one of our free aftersale services.
Yes, there are companies that provide property management services in every city.
DASK (Doğal Afet Sigortaları Kurumu) is a compulsory earthquake insurance for utility subscriptions in Turkey. You can not register your property for utlities like water, electricity and natural gas without a valid DASK in Turkey. A DASK also covers your losses after an earthquake.
Maintenance fees vary depending on the project. When there is more facilities in the complex, fee can increase. Antalya Homes will inform you before purchasing.
Antalya Homes will help you to insure your property.
Antalya Homes will help you make automatic payment orders for your utility bills.
Yes, Turkey offers good investment chances with high return on investment. Antalya Homes follows this process for its customers as a free after sales service. Check rental income properties here.
Search on Turkish Citizenship :
Yes. Read our special page about Turkish citizenship by real estate investment.
It may take up to 60 day to finalize the citizenship process depending on the work volume at government agencies. Turkish government has opened a special Citizenship office to reduce the time applicants spend.
Yes. If you send your power of attorney to us, Antalya Homes team will follow the whole process for you and we will either post your Turkish passports to your address or we will keep them safe for you until you visit us.
No, Turkish laws allow dual or multiple citizenships. It totaly depends on your home country’s laws.
There is not such a restrction. You can buy more than one property to cover a total of 250.000 USD and the properties even can be in different cities.
Yes, the government accepts Notarized Property Purchase Commitment, too. If the payment is above 250.000 USD, you may apply with Notarized Property Purchase Commitment for citizenship.
Yes, any kind of properties is counted. Check rental income properties here.
Yes. You, your spouse and your children under the age of 18 (on the application date) can get citizenship.
No. Only the applicant may visit Turkey and apply on behalf of his/her family with required documents.
No, parents are not covered when an adult purchases; only spouse, and children under the age of eighteen can benefit from your purchase.
Search on Financial Issues :
No,There is no cost of opening a bank account in Turkey.
Unlike most of other countries, transactions are much easier and less time-consuming in Turkey. You can open a bank account within an hour when you get to the bank with ready documents. Learn more about opening a bank account in Turkey.
No. All banks in Turkey are subject to the state banking law.
All expenses of property purchase are explained here.
You’ll find most of the items up to 50% cheaper than in Ireland or the UK. However, electrical items are the most expensive ones when compared to the UK.
Yes, foreign property buyers can get mortgage in Turkey.
It depends on the interest rates of buyer’s home country. If your residential country provides mortgage with lower interest rates, you can prefer getting the mortgage in your country for an overseas property purchase. You can also consider buying properties with installment from construction companies.
Banks in Turkey provide the mortgage up to %50 of the sales price of the real estate for foreign buyers.
In Turkey, cheques are not accepted as a way of payment for real estate purchase. We only accept cash, bank transfer and bitcoins.
Search on Sales Agreements :
Our sales agreements are prepared by our company lawyers.
The contract clarifies the terms of agreement between buyer and seller. In case of any dispute, the contracts can be put into process.
Anything and everything that both parties agree during the negotiation are written into the sales agreement. Antalya Homes’ sales contract saves both parties’ rights by acting as a referee.
Search on Official Regulations :
Since power of attorney is a serious decision which lets someone else act on your behalf and all documents are in Turkish language, it is an obligation to have a sworn interpreter to translate the information on the papers for you before you sign.
Yes, you can give a power of attorney at Turkish embassies. Also notary offices in your country can prepare a power of attorney if your country is a part of The Hague Apostille Convention.
Yes. Banks accept POA for financial transactions in Turkey.
If a foreigner owns a property in Turkey, he/she gets residence permit which is renewed every two years if he/she keeps the ownership. Read more about Residence Permit.
NO! However, Antalya Homes expert team helps you get your residence permit if you demand.
Residence permit will make all your transactions easier when you are in Turkey. Besides, it prevents visa costs.
Yes. Waiters, jewelry, and leather dealers are the most well-known property sellers at touristic regions of Turkey. Antalya Homes is a registered real estate company at Chamber of Commerce of Antalya.
Yes. Your company can own a property in Turkey if your country has a reciprocal agreement with Turkey. Antalya Homes will serve you professionally for this complicated process. We have already practiced this for several times.
Yes. We know that your company’s money is not your money. If you like to invest in Turkish property for business, Antalya Homes can help you to establish a Turkish company. So you can easily invest your company’s money in Turkey.
Turkey is a democratically elected government as in Ireland/UK. Turkey is also one of the 5 permanent members of NATO.
Yes, there are reputable English speaking lawyers/solicitors and we can introduce them to you during your viewing trip.
Since the properties you buy in Turkey are freehold, your family members inherit your properties after your death. Read more about property inheritance in Turkey
Search on Before Purchase :
Yes, you can get a tax number online besides being able to get it from tax offices located in every city and its districts in Turkey. Read more about “Getting a Tax ID number in Turkey”.
A tax number can be easily reprinted in Turkey. However, we advise you to keep a copy of it safe to prevent unnecessary work.
Tax numbers do not have a validation period in Turkey. You can use your tax ID number throughout your life.
State property tax, environmental tax and wealth tax. However, these are relatively low, and your lawyer will advise you.Related pages; "Real Estate Taxation in Turkey"
A property appraisal report generally takes two days to be prepared. Read more about property appraisal report.
Title deed offices ask for appraisal reports prepared within the last three months. In case our clients’ appraisal reports’ validations end, Antalya Homes helps its customers renew their reports free of charge.
Appraisal report keeps from overpriced property sales. When one buys a property, Land Registry and Cadastre asks for SPK validated Valuation Report as a proof document that the purchase was made at the correct price. Your addressee is a direct Real Estate Appraisal Department of Land Registry and Cadastre. The process takes 3 - 6 days.
Search on During Purchase :
After paying the reservation fee, Antalya Homes will carry out the title deed checks. A contract will be drawn up between the seller and the purchaser. This will give the details of the completion date, payment schedule, and terms & conditions. When this is signed by all parties, the deposit is paid and application is made to Tapu and Land Registry Office. After the application you can get title deed within 2-3 working days. You can sign a Power of Attorney to conclude all the necessary paperwork if your circumstances require it.
You will normally pay 5,000 USD (approx) reservation fee and then 30% as a deposit within four weeks. Most developers offer stage payments (lump sum to be paid at the completion of each building stage) often with a degree of flexibility towards your circumstances. This will be agreed at the time of purchase. See the list of properties with installments from the construction companies.
Hypothec is a commitment, right or security given by contract or by operation of law to a debtee over property of the account holder without move of ownership or title to the debtee. In Turkey, Hypothec on title deed is utilized when purchasers owe a measure of cash to venders. It is expelled from the title deed when the obligation is paid.
Generally it takes one day after the application to the General Directorate of Land Registry and Cadastre with all required documents. Sometimes, depending on the work volume at the title deed offices, it may be delayed one day or two.
Title deed escrow is an alternative way of title deed conveyance in Turkey. Here, buyer pays the money to seller through Takasbank which is the central clearing and settlement institution in Turkey. Money is transferred to the seller after the confirmation report of the successful title deed conveyance to the buyer.
The title deed is called ‘TAPU’ and all property transactions for the foreigners is done only through the Land and Registry offices of the relevant district where the property is located.
Appraisal report, passport translation at notary public, the power of attorney if needed, 2 photos, local tax number and bank account. Read more about title deed conveyance.
Search on After Purchase :
If you have owned the property for five years or more, you are exempt from property profit tax. You are supposed to ensure that all bills are paid up to date. Read more real estate taxation here.
Buyer and seller agrees on a handover date when the property is resale. When you buy a new property from a construction company, they mostly let buyers move in when 70% of the price has been paid.
Search on Antalya Homes :
TeleProperty is an Antalya Homes service where buyers can buy their dream home even without visiting it. If you can not travel due to some reasons but want to buy a property in Turkey, call now to arrange your online viewing tour.
Going through an established company like Antalya Homes Real Estate has several advantages: first, you will get to see a wide range of properties that match your criteria and not just one specific developer; second: you will have the benefit of our experience, as well as a fully staffed office to support you back home. Related pages; “Why would I take a viewing tour with Antalya Homes?”
You may visit our services page.
Whenever a property is sold, registered and licensed real estate agents are entitled to receive a 3% service fee over the actual sales price of the property from the purchaser and the property owner separately.
Antalya Homes Real Estate Inc. is a professional company working with commitment to humanistic values and business world principles. Our clients show their favour to our company once they experience the professional service of Antalya Homes. We have compiled the reasons that makes us the most preferred and recommended real estate company in Turkey; “Why is Antalya Homes the Leader in Turkish Real Estate Market?”
Antalya Homes offers smooth experiences at every stage of property purchasing. You will receive service from professionals who speak your language and know your culture, visit best price guaranteed properties and will save time by using the experience of our company. Related pages; Why should I take a viewing tour with Antalya Homes?
An important part of our service is the personalized viewing trip we arrange for every client who wishes to travel to view prospective properties. Each viewing trip is unique and designed to fit the requirements of our clients. The key word is service – we talk to you before you make your trip, find out exactly the type of property and locations are of interest to you and tailor your trip accordingly. Learn more about “Property Purchasing in Turkey”