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Buying Property in Turkey

Part 2
 
     
  Step 2
Once you have selected your property and commit to buying by paying a deposit, a number of actions out of your control will take place and dependent if you are buying a property or building plot the duration can range from two to eight weeks. The reason for the length of time is the various international government checks, often being completed in two weeks but can take up to 7 or 8 weeks more of this in step 3.
Once a price has been agreed the estate agent will draw up an agreement/contract for you to sign. This will require you to forward a deposit (agreed by the seller and the buyer) to the estate agency holding bank account (by electronic transfer) to be passed on to the legal team and then the seller. The deposit is non refundable, unless you have an agreed valid reason for withdrawing from the sale, the seller will also have to return the deposit and a penalty if he withdraws from the agreement. We will also need a photocopy of your passport or a photocopy of each party involved in owning the property.

Step 3
Once he deposit and contracts have been exchanged a number of government checks will take place, this is out of the control of your acting agent. These checks will include contact with your local government to check for criminal activity and may include other checks, if you are not accepted the deposit will normally be returned..
If you are buying a building plot other checks will take place to assure that the land you are buying is not to be used for other than domestic or by local government services such as schools, fire station, police etc. For other information about building your own house see our Development section of our site.
This process can take up to eight weeks, but normally is around four weeks.

Step 4
Once all the searches have been returned and complete the final steps of purchasing can take place. This involves the remainder of the balance of the purchase price and any commissions which will added to the total price. When the balance and any commissions have been paid the title of the property will be exchanged.
Remember to take out insurance for fire and theft, (check out our page from the main menu), we also help with property maintenance and renovation. We also provide other services such as cleaning, weekly airings and garden maintenance, in addition to our letting services.

Welcome to Turkey and your new home and a gentle way of living.

 
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