The Buying Process
The buying process is quite simple in Turkey .When you have found the property you wish to buy you will need to pay a small Reservation Deposit in order not to lose the property to another buyer.
Providing you are satisfied, at this stage you will be required to pay a Full Deposit at 10% of agreed price.
The Notary will then draw up a private contract between the buyer and seller or between their legal representatives.
The next stage is to obtain your Title Deed (TAPU) from the registry office .The time scale for completion the deed for non Turkish citizens will take up to 6-8 weeks to receive approval letter for purchase from the relevant headquarters. Then make the final payment and complete the transaction by going to the land registry office and change the ownership of the deed.

Buying Land
When looking for a plot (parsel) you must bear in mind that there are a few different types of land in Turkey . Some have restrictions on building. and on building percentages You must check which type you are buying by looking at the town plans which can be found at the Town Hall and getting confirmation from them.

Taxation
A 1.5 % duty for the purchaser and seller must be paid. Normally the purchaser pays the sellers part. There is also an annual tax which is 0.1% for houses and 0.3% for developed land, collected by the local goverment.There is tax exemption for 5 years for new properties and all properties are subject to revaluation every five years for tax purposes.

Who can buy
Article 16 of the constitution concerns the status of foreigners and says ' The fundamental rights and freedoms may be limited for foreigners by law in accordance with the international law and clarified by this provision that the rights and the freedoms of the foreigners in Turkey may be arranged and limited as different from what it is for the Turkish citizens, if necessary. Article 1 of the Protocol under the European Human Rights and Main Provisions Agreement has also guaranteed these rights, but accepted at the same time that the individuals may be deprived of their ownership in accordance with the General Principles of the Law of Nations.Taking these facts into consideration and considering the political, economic and social conditions and public order, sovereignty and security of Turkey and some legal restrictions have been brought on property acquisition by foreigners in Turkey.
Generally it is possible for a foreigner to buy land and property but there are 3 main restrictions :
A-) According to article 87 of the Law of Village numbered 442, the property must be in the municipality boundary .
B-) According to the Lawconcerning Military Forbidden Regions and Safety Regions, properties in the military forbidden regions and safety regions can not be sold, transferred and given for rent to foreigners.
C-) According to article 36 of the land Registry Act numbered 2644, foreign people in Turkey cannot acquire more than 30 hectare property,although Legal inheritance is outside of this law.

Transfer of funds
Property revenues and rights in revenues relating to property and the selling price of properties owned by foreigners via exchanging or without exchanging are transferred freely by banks or by private financing organizations.
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Detailed information can be obtained directly from the Directorate General of Land Registry and Cadastre in Ankara .
Basbakanlik Tapu ve Kadastro Genel Mudurlugu
Yabanci Kisiler Dairesi Baskanligi Dikmen yolu - ANKARA - TURKEY
Tel. : (+ 90 312) 418 98 00 ( Chief ) (+ 90 312) 417 12 60 / 355 - 356 - 231
Fax : (+ 90 312) 417 03 60 www.tkgm.gov.tr


Taken From
The Dalyan Times