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SecurIty
BuyIng property In Turkey
!!!
Invest in your future! With security to aim your dreams!!!
And to make sure you will be the owner of your real estate in
Turkey, the land, where the sun is shining almost every day, the
land from natural beauty and history....
Especially in Alanya and the Turkish Riviera where they have
developed themselves to a top location of the best real estate.
The decision of many people in Europe
to buy real estate in Turkey has a lot of advantages:
Fast to reach by airplane ( only 4
hrs.)
Good investment ( yearly 15 - 20%
more value)
Sun almost all the year , fresh
air, the blue sea, clean beaches, a lot of historical sites to be
seen
Low costs of living
Hospitality and friendly people
Good medical care
These are only some examples, of
course there are a lot more we did not mention.
Come and get convinced by our beautiful country!
The law and rules of buying property
by foreigners
Foreign private persons are allowed
to buy property in Turkey regarding some special regulations.
As in § 35 of the Cadasterlaw of Turkey, foreign private persons
are allowed to own property, when Turkish persons are allowed to
own property in the foreign country too and are countries as
named in this law.
These rules in the law make it
possible to buy property by private persons in Turkey.
Limitations, to be aware of at any time:
In
according to the new law of Tapu regulations §2644, part 19, sub
35
At last, the new Tapu
law has been approved, from it here are the most important
points to note:
LThe law
was debated on the 29th December 2005. The law on 'purchase
of property by foreigners in Turkey' was enacted and
published in the Official Gazette on January 7, 2006
The new
law also covers the applications for Title Deeds to TAPU
offices in the period between July 26, 2005 when the
previous law became void and the date when the new law came
into effect.
Foreigners
may buy in villages, but only where there is a publicly
approved development plan.
Principle
for the purchase is the mutuality principle (that is Turkish
citizens must also be able to purchase property in the same
country that the foreigner comes from)
Foreign
trading companies may acquire only within the framework of
the special laws real-estate business property.
Associations, cooperatives, corporations, municipalities,
foreign charities, foreign foundations and foreign societies
cannot buy property in Turkey.
Foreign
natural persons may acquire up to 2.5 hectares of property,
· the government must authorized the purchase of land above
30 hectares.
The
government has set out zones where individuals and companies
are forbidden to buy, zones to be preserved such as lands
which are strategically very important in terms of energy,
agriculture, mining, history,culture, biological flora and
national security.
Special is also
the Tourist Law Nr 2634, par 8/E. This law give special rules
for area without the tourist area but within the city limits.
Therefore the rules as given by the central government are to be
respected.
B-1) As described in the Law Military Area Nr 2565 und the Rules
for military security area persons from foreign countries are
not allowed to have property in military area class 1 and 2. On
this ground it is necessary to inform with the military
government,or the to be bought property is located in an above
mentioned classed area. Only after a letter from the military
government, in which is described that the to be bought property
is not within a security area, the normal procedure of the
cadaster office can follow.
!!! The serious way of purchasing should
be this one !!!
1)
Buying contract:
-If you decide to buy a property, a written contract is prepared.
With this contract you pay 20% of
the price as a deposit.
2) Authorization: -The new
owner will give to the company a notariell authorization in the case
of the bought property. With this authorization the buyer gives
order to the company for routine inspection of the electricity,
water and telephone accounts of the owners to ensure all accounts
are up to date.
3) TAPU Application at Registry
Office:
- The Tapu papers are going to be sent to the military
administration in Izmir. This takes 2-3 months.
!Important!
The application does not make yourself the official owner of the
property.
4)Delivery of the Tapu in the office of registery:
Therefore the following is required:
For the buyer:
• 2 new passport photos of the buyer
• 2 copies of the passport
• actual address in home town and name and surname of the
father
• New ! Number of tax
• For the seller:
• 1 new passport photo of the seller
• 2 copies of the passport
• address
5) The register is up dated
in the Tapu office. The sworn-in interpreter draws up the minutes
and confirms verbally, the location and specification of the
purchased property. Afterwards you get the original statement of
ownership (Tapu). If you wish the statement can also be translated
in writing.
!Important!
Only this prepared documnent (TAPU) makes you the owner of the
property.
In
according to the new law of Tapu regulations §2644, part 19, sub
35 
