Buying Second Home in Turkey
The rules and regulations in Turkey of buying property are very different from what you are used to. It can be helpful to inquire about the buying process in Turkey. Please take into account the following Turkish rules:
- Multiple owners
It is quite common for people in Turkey to share ownership of a property. So the first thing you have to do is check with the vendor if he is the (sole) legal owner or if other people also have to agree with the sale. The estate agent is responsible for the title search and for obtaining permission for the sale. Always ask for some kind of proof that he has, indeed, done that. You can also hire a legal advisor to do this for you.
- Military zones are off-limits to foreigners
The owner can apply for a statement from the Municipality, which says that the property in Turkey may be sold to foreigners with permission from the military authorities. You can check this yourself with the local Land Registry. The board of directors of the Land Registry can apply for permission with the military authorities. This will presumably take up to 3 to 4 weeks.
The buyers contract
The buyers contract includes a description of the second home in Turkey, the personal data of both parties, the purchase price and the financing of the property. After both parties have signed the final buyers contract the property will be registered with the Land Registry.
This final contract may or may not be preceded by a reservation contract or a preliminary buyers contract if the military authorities have not yet granted you permission. Before you sign the final contract it is wise to have the document checked by a legal advisor or solicitor so he can make adjustments, if needed. The legal advisor or solicitor may choose to include some conditions subsequent into the contract.