| Q : Will the property be freehold?
Yes all properties we sell in Turkey are what
we in the UK would refer to as 'freehold'
Q : On a new development, what is the
average deposit required and can I pay in stage payments?
You will normally pay a £800 - £1,000
reservation fee and 30% as a deposit within
four weeks. Most developers offer stage payments, often with a degree of flexibility towards your own personal circumstances.
This will be agreed at the time of purchase.
Q : What is the general buying process in Turkey?
After paying the reservation fee, your lawyer should carry out the title checks. A contract will be drawn up
between the seller and purchaser. This will give details of the completion date, payment schedule and terms
and conditions. When this is signed by all parties, the deposit is paid. You then apply for a security clearance to
allow you to own a property in Turkey this will often be applied for on your behalf by the developer. You
can sign a Power of Attorney to conclude the necessary paperwork, if your circumstances require it.
Q : What documents are required?
Your passport(s) which will be copied and translated into Turkish and passport sized photographs. The notary's
office works in conjunction with the title deeds office and the Aegean Army. The translated documents will be checked by the army to ensure there is no record of criminal intent or activity against Turkey and that any
property being purchased by a foreigner is not in the proximity to or intended to be used for any military
purposes.
Q : After I have received the necessary permission to purchase, what happens next?
Your lawyer should carry out pre-completion checks. Following this, you (or your Power of Attorney) will sign
a deed of transfer in front of an officer at the Land Registry, who then records you as the official owner of the property. The property tax is paid at this stage.
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