The procedure of buying property in Turkey
Foreigners may purchase land and property in Turkey in their own names provided that properties are located in towns (the property must be situated within the boundaries of a municipality), not in villages or rural areas and outside of military zones.
In order to acquire the title of a property, an application has to be sent to the local Land Registry Office where the property is situated.
After doing necessary research for the above mentioned requirements, the transfer of the title is done by the Land Registry Office. In Turkey, it is legally compulsory for both sides (the seller and the buyer) to be present at the entry in the property register.
During the transaction, the documents concerning the transfer of the purchase price into Turkey must be presented to the Land Registry Office.
Reasons for buying a property in and around Alanya
- The mild climate with more than 300 days of sunshine.
- The beautiful landscape of the Turkish Riviera.
- A good investment because of the increasing prices. Turkey is like Spain 20 years ago, and if Turkey enters the E.U. we expect to see the prices rise even more.
- Modern network of taxi and buses
- Archeological and cultural monuments
- The European quality and rather low prices in cafes and restaurants
- Fresh fruits and vegetables all the year round
- Highly developed system of telecommunications
- Rather inexpensive and accessible high-quality health services
- Wide use of the English, German & Scandinavian language and opportunity of dialogue on many others
- Satellite TV broadcasting English, German, Dutch and other foreign channels
- What nationalities are permitted to purchase a property?
Turkey has a reciprocal agreement for the purchase of land and properties with the following countries; Sweden, Norway, Finland, Denmark, Germany, Austria, Switzerland, Belgium, Holland, England, Ireland, Spain, Italy, Canada, Luxembourg, Australia, France, Greece, and some other African and South American states.
- Do I have to be a resident or have a resident’s visa to purchase?
No, To buy a property you do not have to have a Residents visa. This is only needed if you want to stay longer than three consecutive months, or wish to have a phone or buy a car. Then the three months tourist visa is not enough.
- What do I have to check before purchasing?
Check that there are no rental agreements or mortgages on the property. That the seller has the legal right to sell the property and that they have a Tapu ( Title Deeds) for it. That the property is within a town’s boundary, as foreigners are not permitted to buy within a rural Zone. If there is an agent how much commission “if any” is payable.
- Do I have any Taxes and fees to pay for the purchasing?
There are some taxes payable, however some are a “once only tax” i.e. 3% of the declared value of the property, Education and earthquake tax approx. 45 €
All formal documentation and copies approx. 270 €
Translator fees approx. 45 €
- If I sell my property can I take the proceeds back to my home country?
- Can I will my property to my beneficiaries?
You can make a Turkish Will and leave your property to your beneficiaries, but if you hadn’t made a will, the property goes to your next of kin.
- What would be the running costs?
Tax yearly: 0.1% of the declared cost of your property
Refuse: Every year approx. 15 €
Electric: Connection fee, approx. 120 €
Time share : 17/22 22/06 06/17 0,11 €/kWh 0,03 €/kWh 0,06 €/kWh
Water: Connection fee:, 82,5 € approx.
for 1 m³ upto 20 m³ 0,32 €
from 21 m³ upto 40m³ 0,48€
above 41m³ 0,87 € Montly fee
Telephone: Connection fee 22,5 € approx.