BUYING PROCESS IN TURKEY

Buying property in Turkey is far less complicated than in the UK. The Estate Agent plays a more active part in "managing" the process. Generally speaking the entire process takes between 6 to 8 weeks.
Foreign nationals may purchase most types of property in Turkey in their own names and when the time comes to sell, the proceeds of the sale may be transferred out of Turkey.

Before selling a property, Returk, first of all, designates a price with the help an expert and carries out a legal and technical survey with regard to the property. Then a report is prepared related to the property for sale.

In the portfolio of Returk are properties with normal market prices and which have no legal obstacles in terms of purchase.

Returk is granted the full power to market the properties on behalf of their owners.

Commissions and title-deed expenditures are all included in the purchase price.

When you have expressed an interest in buying a property, an agreement is prepared setting out the terms and conditions of the purchase. A duly signed copy of that agreement and a copy of the title-deed of the property are given to you.

At this stage, you are only required to give a copy of your passport and two photographs.

Then you make a payment according to the payment schedule clearly defined in the agreement.

Upon this payment, the proceedings at the Title-Deeds Office are initiated by Returk.

We will prepare a letter, a copy of the legal papers, together with the copy of your passport and send them to the Army Headquarters in İzmir for clearance.This process will take between 6 to 8 weeks. The checks are made to ensure that the land you are buying does not fall within any Military zone. Character checks are also made.

When all the checks have been conducted and the papers returned to us, we will contact you so that you can arrange a suitable date to return to Turkey to sign the Contract and undertake the money transfer.

Before leaving for Europe, it is advisable to open a bank account with a Turkish or HSBC bank (to enable you to transfer the remaining monies). You do not have to stay in Turkey as we will contact you as soon as the necessary paperwork has been received back from İzmir.

On the day of transfer, the Buyer, Seller and Estate Agent will go to the Title Deeds Office and complete the paperwork. The paperwork consists of all the legal issues (title deeds, land registry etc) and financial issues. Financial affairs are concluded, signatures exchanged and the title deeds of your property are registered in your name .

After you have purchased the property we will accompany you to the various department offices to get the utilities changed to your name.
Please rest assured that our company will provide the best service throughout your property purchase proceedings, each step taken carefully according to the law.

Registry with the municipality
Registry for water and electricity and official subscriptions
Representatatives duties on official land offices affairs
Preparations of all kinds of contracts about properties
If you have any questions regarding the above, please do not hesitate to call us or send us an e-mail.