What Documents Are Needed To Buy A Property In Turkey?
An important aspect of buying a house in Turkey is becoming familiar with the documents required during the buying process as well as understanding what they are needed for. To obtain the title deed (Tapu) of your new property in Turkey, the documents required to complete the purchase process include the exchange certificate, your passport, your Turkish tax number, your bank account, your current address, your property price report, and your biometric photo.
Here’s what you need to know about each book:
Foreign Exchange Document
A recent change in the law forces foreigners to use the Turkish lira to pay for property purchases in Turkey. To convert your money into the Turkish lira, you must first transfer it to a bank in Turkey.
The bank will give you a bill of exchange (Döviz Alım Belgesi), which will be a confirmation that the currency has been converted into Turkish Lira, which you will take to the Land Registry Office.
Valid Passport
You must have a passport to buy goods in Turkey. A copy of your passport will be required and it will need to be translated by a sworn translator at a notary office in Turkey.
Tax Number
You need a tax number (Vergi Numarası) to open a bank account in Turkey and for other financial transactions. Getting a tax number can be done as quickly as 10 minutes. You can apply for a tax number online or visit a local tax office with your passport.
Bank Account
The title deed of your new property will not be registered in your name if the money used to purchase the property is transferred directly to your bank account (whether in Turkey or abroad). To open a bank account in Turkey, you will need proof of your current address in the form of utility bills, such as electricity or water, from your country.
Research Reports
For foreigners buying real estate in Turkey, obtaining a valuation report, which is a document that describes the value of the property, is necessary to complete the transfer of the permit.
Biometric Photo
Titles in Turkey usually include a photo of the owner. Therefore, when you buy real estate in Turkey, you must now provide a biometric photo to add to the title book of your new property.
Buy In Turkey With Best House Turkey
The procedure for foreigners to buy a house in Turkey is simple and has been proven for many years. If you are considering buying a property in Turkey, Best House Turkey will help you prepare all the necessary documents and give you professional advice during the buying process.
