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Old 3rd August 2015, 09:41   #111 (permalink)
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Re: Guidelines of Buying property in Turkey

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Originally Posted by oldfogy View Post
With regards to buying a resale property!

If buying of another british person and the money is transferred to that person in sterling in the UK, what if any documents/evidence would the buyer need to show at the Tapu office?

Also are copies of a passport or/and passport size photographs required at any stage of the process.

Basically, what paperwork should a person who is 'buying' a property need to show?
I would have thought as long as the vendor stated he had the funds then it would be OK.
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Old 3rd August 2015, 10:24   #112 (permalink)
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Re: Guidelines of Buying property in Turkey

Formats for purchasing in Turkey vary.
Cash purchase.
Mortgage.
Bank transfer.
Off plan.
Used property.

The safest? Mortgage, why? Because the bank checks it all out. If there's anything "iffy", the banks will not touch it or lend on it.
BUT I DONT WANT a mortgage I hear you say. It might be worth your while to borrow a few quid off a Turkish bank, even if you don't need it.

Worth noting, what worked for Joe Public yesterday may not work for you today.......if EVER your unsure then get advice from someone who actually knows the score on how your particular purchase should proceed. You really need to be on the ball, once your monies go into someone's account that money becomes theirs.
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Old 24th November 2015, 15:26   #113 (permalink)
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Re: Guidelines of Buying property in Turkey

Quote:
Originally Posted by Mushtaq View Post
Things to look out for when buying property in Turkey;

• Does the property have ‘clean’ title? Is the seller authorised to sell, sometimes there can be many owners. Ensure there are no legal issues.
• Are there any debts attached to the property?
• Has the building been constructed legally?
• Is the property construction free from any defects?
• Are any other particulars being advertised true?
• Does the property have a full title, rather than a restricted title? Does it have the kat irtifaki tapu.
• Is the property a cooperative property where the cooperative has not been completed? The Tapu can't be transferred until all the site is complete. and you will be expected to continue paying the cooperative which can be substantial.
• Is the property on or near an archaeological site?
• Does the property belong to the government? If so special procedures apply.
• Is there any evidence of fraud connected to the property or owner? the property could end up being seized or auctioned off before you get the tapu.
• Is the property built in an military zone? You probably won't get the Army clearance to transfer the tapu.
• Is the existing planning status of the property clear?

Things to do when buying property in Turkey


• Deal with a reputable agent/developer, avoid freelance agents/waiters/bar men etc.
• Check the points above about the property.
• Buy a built property if possible, instead of off-plan, there is lot of choice.
• Employ services of an Independent English speaking Lawyer (not connected with the sell) so you can ask all the questions yourself directly. Make sure the checks above are done on the property.
• Ensure any sales contracts are notorised otherwise the contract is not admissible in courts if there are problems in future.
• Pay a deposit and keep a sizeable balance to pay on tapu transfer after your army clearance.
• Do not pay 100% upfront, if you must then make sure you put a large charge (Ipotek) on the property so it can't be sold off or loans taken out while you are waiting for the army clearance.
• Agree on who will pay the sales tax, usually it's 50% each, but some sellers try to pass 100% off to the buyer
• Agree on who will register the utilities (Water & Electric) in your name, and who will pay the fees.

• more to come.....
Dear MUSHTAQ sb,

ASSALAMU ALEKUM AND HOW ARE YOU?

Will you please educate me that by purchasing some property, can one qualify for getting residential visa? If yes then what will be the minimum price of property? If the answer is in NO, how to get it?
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