After you have chosen a property in Turkey, the process of its registration of ownership begins. This requires:
Conclude a sales contract between the seller and the buyer in two languages (Turkish and English). The contract specifies the data of the buyer and seller, information about the selected property in Turkey, the value of the property, the size of the deposit and the subsequent payment schedule, the terms of the transaction, the timing of registration of the property in Turkey and other conditions.
Obtain a TIN (Taxpayer Identification Number). TIN is required for registering a property in Turkey, paying taxes on real estate, state fees, using banking services. The procedure for obtaining a TIN is very simple and takes only 5-10 minutes. Issued free of charge.
Submit documents to the Cadastral Office for registration of ownership (TAPU) for the acquired property in Turkey. The procedure for registration of real estate from the moment of submission of documents to receipt of TAPU under the new rules takes 3-5 working days
When registering real estate in Turkey, the following expenses are provided for:
- a one-time tax on real estate upon purchase in the amount of 4% of the cadastral value, which in practice is always below market value;
- state duty for registration of TAPU, municipal and cartographic tax, according to the tariffs established by local government bodies;
- translation services.
Get the TAPU
After receiving permits from state authorities in the Cadastral Office, a TAPU (certificate of ownership) is issued in the presence of the seller, buyer and a sworn translator. By this time, a full settlement must be made between the buyer and the seller, all taxes and state duties must be paid.
TAPU is the only legal document certifying the ownership of a property in Turkey, implying full and untimely ownership of a particular property. This right cannot be challenged even in court.
- Address of the land on which your property in Turkey is located;
- The data of land registration in the Cadastral Office;
- Description of land according the information of Cadastral Office;
- The area of the land of the new owner of the property;
- Condition of property of the new owner;
- Cadastral value of the acquired property;
- Information about the previous owner (or owners);
- Information about new owner (or owners);
- Date of acquisition of this property by the previous owner;
- Number of TAPU of the previous owner of the object;
- Details of new TAPU;
- Date of acquisition of this property by the new owner;
- Signature of the authorized person of Cadastral Office and Stamp.