How to buy an apartment in Turkey: step-by-step instructions for Russi

Buying real estate abroad is a step that opens up new horizons and opportunities for you. Turkey, with its beautiful beaches, cultural riches and warm climate, is becoming an increasingly popular place for Russian citizens to buy real estate. If you are considering buying an apartment or villa in Turkey, the following step-by-step instructions will help you figure out how to do it.

Purchase by steps
Stage 1. Search for a realtor.

It is problematic to study the market in a foreign country on your own, so it is better to contact a specialized company. Some agencies organize study tours. If the client agrees to the deal, the developer will compensate for the cost of the trip. At the same time, such a tour does not oblige to purchase. Online reviews are also possible.

Stage 2. Conclusion of the contract of sale, signing of the contract, deposit.

The main step in the purchase of real estate is the conclusion of a contract of sale with the seller. This agreement obliges the parties to the transaction, and its signing confirms the interest of the parties. To secure the buyer's position, a deposit is made. If the buyer refuses the transaction, the deposit is not refunded. If the contract is violated by the seller, the latter returns the deposit in double amount.

Stage 3. Preparation of documents for registration of the transaction.

Before proceeding to the transaction, it is necessary to prepare the documents. Obtaining a tax number in Turkey is the first step. Of course, it is necessary to have a passport.

You may also need permission from government agencies, especially if the object is located in a protected area. In some cases, a certificate from the military department is required, confirming that the property is not located on military territory (there are places in Turkey where foreigners are prohibited from buying real estate for national security purposes).

Stage 4. Payment of real estate.

After successful completion of the previous steps, the payment time comes. Usually a bank transfer is used. Often buyers from the Russian Federation open an account in a Turkish bank. To do this, you will need a Turkish tax number. You can also make a transfer from an account in Russia. Cash transactions are more risky.

Stage 5. Transfer of ownership and TAPU.

After payment, an act of transfer of ownership is signed at the Cadastral Office and a TAPU (Tapu Kadastro ve Mülkiyet Birimi) is issued – a certificate of ownership. This is a key document certifying the buyer as the owner.

Stage 6. Execution of utility contracts.

The execution of utility contracts for the new owner is the final stage of the transaction.

It is worth noting that a real estate transaction in Turkey can also be made remotely, through an authorized representative. In order not to pay for the apostille, it is better to issue a power of attorney at the consulate or Embassy of Turkey in the territory of the Russian Federation.

Do not forget to take into account additional expenses, such as taxes, legal services, transfers, etc. In total, the sum of all expenses will not exceed 5% of the property price.