| The Buying Procedure and Documentation
The buying procedure and documentation , everything you need to know about purchasing property in Turkey is on this page, with a guide line of the cost's involved to help you.
Below are the documents for buying or selin g a property in Turkey. Items 1 and 2 are not legally required for the deeds processing in the Tapu but are for your protection and peace of mind:
1) --- Written Contract
This is a contract between the parties to declare the intention to buy/sell a property together with the conditions agreed
2)--- Sale Agreement
From the public notary.Relevant situations which the sale can not be completed immidiately due to military authority approvals.Ä°t is recomended that this agreement should be registered in the Land Registry Office (Tapu Sicil Md.)
3)--- Letter of Attorney
a)--- Seller
In order to sell the property, it should be given to a third party preferably Turkish- who can be a lawyer or estate agent.
b)--- Buyer
In order to buy the property, it should be given to a third party preferably Turkish- who can be a lawyer or estate agent
4)--- Passport Translation
5)--- Tax Number
6)--- Land Registry
The documents listed below should be presented to the Land Registry Office (Tapu Sicil Md.) for both parties
a)--- 8 passport size photos
b)--- Passport photocopy
c)--- Tax no.
d)--- Photocopy of the deeds of the property
e)--- letter of authorisation describing the property as a home or workplace from the Municipality (Belediye) or District
Office (Valilik)
f)--- Building permit for the immovable
These will be calculated according to the buying price of the property
The prices below are a guide only and are subject to change.
1)--- Estate Agent's commission.That should be clearly stated by the agent and an agreement should be signed.
2)--- Translation fees (generally 60ytl/document)
3)--- Sales Agreement (200ytl pus 7.5% of the sale price)
4)--- For registration of the agreement to the Land Registry (tapu) 65ytl plus 4.5% of the sale price.
5)--- Land registry fee 60ytl plus 3%of the sale price.
6)--- Letter of Attorney (for buyer)
7)--- Letter of Attorney (for seller)
8)--- The map fee and application fee for the for the Aegean Military Command
9)--- Solicitor's fee
Unless it is agreeed otherwise, the registry and notary fees are shared equally between the buyer and seller.
For further information www.kekevaestate.com
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