واتساب 
Learn a summary of the conditions for purchasing a property in Turkey, starting from opening a bank account and obtaining a tax number to preparing the necessary documents and papers
What are the conditions for buying a property in Türkiye?
Usually, the basic conditions for buying a property in Türkiye include:
- Valid Passport: The foreign buyer needs a valid passport to complete the purchase.
- Residence permit: Turkish authorities may require a valid residence permit for foreigners wishing to purchase a property.
- Tax Identification Number: Foreign buyer needs to obtain a tax identification number in Turkey.
- Real estate examination: It is preferable to conduct a real estate examination to ensure the safety of the property and the validity of its documents.
- Payment of duties and taxes: The buyer must pay duties and taxes related to the purchase.
It is important to review the current laws and regulations regarding purchasing real estate in Turkey to ascertain the exact conditions and recent changes in real estate policies.
What is the role of the real estate consultant in the property purchase process?
The role of the real estate consultant in the property purchase process includes several matters:
- **Guidance and advice:** A real estate consultant provides information and advice about the real estate market, suitable areas for investment, and real estate valuations to help make informed decisions.
- **Research and verification:** He searches for suitable properties and offers and helps verify the authenticity of the property’s legal documents and papers.
- **Negotiation:** The real estate consultant is responsible for negotiating with sellers on behalf of the buyer to obtain the best deals and suitable terms.
- **Help with legal procedures:** The real estate consultant provides assistance in completing the legal procedures related to the purchase process, including the necessary documents and contracts.
- **Providing support after the sale:** The real estate consultant can provide support after the sale regarding the necessary guidance or support services to the buyer.
Hiring a professional and experienced real estate consultant can contribute to making the property purchasing process a smooth and successful experience.
Opening a bank account in a Turkish bank to deposit the value of the property into it
Of course, foreigners can open a bank account in Türkiye for the purpose of purchasing real estate. Here are the basic steps:
- **Choose a bank:** Choose the bank you would like to open an account with. It is best to choose a reliable bank that provides services that suit your needs.
- **Required Documents:** You usually need personal documents such as a passport and a tax identification number (if required) and proof of the source of the funds used to open the account may be required.
- **Visit the bank:** Go to the chosen bank branch and request to open a bank account for the purpose of purchasing the property.
- **Deposit funds:** Once the account is opened, you can deposit the required funds into the bank account to be used in the process of purchasing the property.
- **International Transfers:** You can use your bank account in Turkey to receive international transfers from your own account in your country or to pay the money owed to purchase the property.
Please check with your specific bank and check the required documents and exact procedures for opening the bank account, as requirements may vary between different banks.
Obtaining a tax number in Türkiye
To obtain a tax number in Turkey (Vergi Kimlik Numarası – VKN), you can follow these steps:
- **Visiting a tax office:** You can obtain a tax number by visiting the local tax office (Vergi Dairesi) in the area where you reside.
- **Submission of documents:** When you visit the tax office, you may be asked to provide personal documents such as a passport, personal identification number (if applicable) and perhaps some other documents to complete the application for a tax number.
- **Filling out and submitting:** You are usually required to fill out the Tax Number Application Form (Vergi Kimlik Numarası Başvuru Formu) and submit it along with the required documents.
- **Waiting for approval:** After submitting the application, you may need to wait for a few days until your application is processed and the tax number is issued.
These are general steps to obtain a tax number in Turkey, and some procedures or documents required may vary depending on individual circumstances and current tax policies.
The presence of the property owner or his representative
In the process of purchasing real estate in Turkey, the completion of the transaction may require the presence of the property owner in person or an authorized person may do so on his behalf.
If the property owner is not available to attend the transaction completion stage, he can authorize another person to represent him by proxy. The power of attorney is usually in the form of an official document that specifies the powers of the person being authorized and is signed before a legal or trusted official.
The agency is legally recognized under Turkish laws and must be properly documented. If you intend to use an agent to purchase the property on your behalf, it is best to check the local legal requirements and procedures in Turkey to confirm the validity of the document and the agency granted.
Preparing the necessary papers and documents with the real estate agent
To prepare the necessary papers and documents accompanied by the real estate agent in the process of purchasing real estate in Turkey, the following steps can be followed:
- **Required purchase documents:** You need to prepare personal documents such as passport, tax identification number if required, and any other documents that the Turkish authorities may request.
- **Agency documents:** If you intend to authorize a real estate agent to carry out tasks on your behalf, the Power of Attorney document must be properly prepared and documented, and the agent’s powers must be clearly defined.
- **Legal contracts:** You must ensure that the necessary contracts to purchase the property are prepared, which must include the financial details and agreed upon terms and conditions.
- **Real Estate Inspection:** In some cases, it may be necessary to conduct a real estate examination to ensure the safety of the property and the authenticity of its documents.
- **Signing documents:** Prepared documents and contracts must be signed in front of witnesses or trusted legal officials in accordance with Turkish laws.
It is important to ensure that the documents are correct and that all required documents are available before completing the transaction. Since the procedures may vary depending on the situation of each property purchase, it is best to consult a local real estate advisor or professional lawyer to ensure proper documentation of the process and avoid any potential legal problems.
Why do I choose Zain Real Estate to buy a property in Turkey and clear all relevant procedures through it?
Zain Real Estate’s accumulated experience in the field of selling real estate in Turkey to foreigners has constituted the company’s main success factor, becoming a major reference for foreigners wishing to invest.
In the real estate market in the country. Zain Real Estate was one of the first companies to market Turkish real estate to the foreign market, as the company has thousands of clients who have purchased real estate and actually started their real estate investment in Turkey. Thus, Zain Real Estate gained the trust of its customers, who attested to the professionalism of its work and its responsibility towards the choices of its investors, in addition to the confidence of Turkish construction companies in it, and gave it exclusive investment opportunities that Zain Real Estate is unique to and places in the hands of its distinguished clients.
https://en.wikipedia.org/wiki/Land_ownership_in_Turkey
https://en.wikipedia.org/wiki/Turkish_nationality_law
